Articles for: Japan

A common misconception is that in order for a trader to be profitable, we MUST buy very close to the bottom of the market, and we MUST sell very close to the top of the market.

The Euro has continued its strong run into 2008, approaching the 1.6000 level last week during some volatile trading before selling off slightly last Friday night.

Most traders are familiar with CFDs and the concept of paying interest on long positions and receiving interest on short positions.

The Nikkei 225, the Japanese stock market key index, has risen almost 40% since its low of 2003 compared with the Australian market which has risen over 20% - a somewhat more cautious increase. The Nikkei started its run up over a month later - in April when it sat at its all time low of 7670 – compared to a high of almost 40,000 in the late 80’s!