ChainWanderingPoet

The Taiwan dollar has already surpassed the 4.85 mark against the Japanese yen (December 2025). People planning to travel abroad or invest for hedging are starting to take action. But do you know? Exchanging 10,000 TWD with the wrong method could cost an extra 500 to 2,000 TWD—equivalent to giving that money away to the bank for free.
Why is now a good time to pay attention to the JPY exchange rate?
The Japanese yen is not only a travel currency but also one of the world's top three safe-haven assets. Over the past year, the TWD/JPY exchange rate has risen from 4.46 at the beginning of the year to 4.85 now, an increase of 8.7%. For Taiwanese investors, this means that in the context of TWD depreciation, exchanging for JPY can lock in exchange gains and hedge against Taiwan stock market risks.
Why is the Japanese yen so popular?
First, Japan is a global low-interest-rate country (only 0.5%), but the Bank of Japan is shifting its stance—recent hawkish comments by Governor Ueda Kazuo have pushed up expectations of rate hikes to 80%, and the December 19 meeting may raise rates to 0.75%, which is the first time in 30 years.

U.S. employment data shows non-farm payrolls under pressure and the unemployment rate rising to a four-year high. Market expectations for rate cuts have cooled, and the dollar is supported around 98.0. The rebound in gold and crude oil faces testing, as risks and uncertainties continue to influence market trends. Demand and support levels remain key.

For many salaried workers with limited funds, the investment threshold of several thousand dollars per stock is really not affordable. But did you know? There is actually a more flexible way to trade stocks that allows you to start investing in popular companies with just a few thousand dollars. This is the rapidly growing trend of fractional share trading in recent years.
What are fractional shares? Why did they appear?
The standard unit of stock trading is one share (1000 shares), but in practice, investors often hold scattered stocks due to unfilled orders, and these stocks less than 1000 shares are called "fractional shares," with the minimum trading unit being just 1 share. Fractional shares usually arise from the following situations: rapid stock price fluctuations causing orders to not be fully executed, transaction quantities not reaching the target but exceeding the order price limit, or the issuance of small amounts of shares during rights offerings.
After the Taiwan Stock Exchange opened intraday fractional share trading on October 26, 2020, investment opportunities for small investors increased significantly.

The investment legend of Kawaguchi Silver藏 showcases both success and failure. He accumulated from 70 yen to 20 billion yen through knowledge and perseverance, but lost 30 billion yen in his later years due to greed. The story emphasizes that investors should be vigilant of human greed and master rationality and calmness.

When engaging in international investments, foreign exchange trading, or cross-border payments, mastering the currency symbols of various countries and their correct usage is particularly crucial. This not only speeds up transaction recognition but also effectively prevents payment errors. This article will provide a detailed overview of the symbol representations of major global currencies, the standard way to write the euro symbol, and the practical application methods of these symbols.
Why is it necessary to understand currency symbols?
Currency symbols are essentially graphical abbreviations of currency names. From daily shopping to financial markets, currency symbols are everywhere. Their core functions include three aspects:
First is quick recognition. When forex traders see the euro symbol (€), they immediately associate it with the Eurozone economies and related currency pairs, such as the common EUR/USD trading pair.
Secondly, it simplifies record-keeping. Writing "$100" is obviously more convenient and efficient than "100 US dollars," especially in financial statements and transaction documents.

Groundbreaking Dry Powder Formulation Now Available for PAH and PH-ILD Patients
The U.S. Food and Drug Administration has approved Tyvaso DPI (treprostinil) inhalation powder, marking the first and only dry powder inhaler authorized for treating two serious forms of pulmonary hypertension. This

This article introduces the input methods and meanings of major global currency symbols, emphasizing the importance of mastering these symbols in international trade and foreign exchange investment. The content includes quick input methods, warnings about easily confused symbols, and basic concepts of foreign exchange currency pairs to help investors conduct financial transactions efficiently and accurately.

Bitcoin drops the $90,000 psychological barrier with momentum pointing toward $80,000 as technical support crumbles—oversold conditions hint at potential relief, but the path remains treacherous. Ethereum's breach of the $3,017 consolidation base has redirected attention to the 61.8% Fibonacci

The case of Bill Hwang reveals the risks of margin calls. Using leverage can amplify gains, but if market volatility occurs, it may trigger forced liquidations, causing chain reactions and even severe impacts on other stocks. Efficient use of leverage can improve capital efficiency, but careful selection of targets and setting stop-loss and take-profit levels are essential.

In today's investment world, commodities stand alongside stocks and bonds as essential asset allocation options. Their appeal lies in their liquidity, close ties to economic activity, and the fact that their price fluctuations often accurately reflect the global economic climate. This article will give you an in-depth understanding of the commodities market and how to select truly worthwhile assets to invest in.
What exactly are commodities?
Simply put, commodities refer to raw materials that are traded in large quantities and used in industrial production and consumption. Their defining characteristic is the word "large" — large supply, large demand, and large inventories. Because of their massive scale, these goods often sit at the top of the supply chain, where a small change can have a ripple effect throughout the entire industry.
From a classification perspective, commodities are mainly divided into six major categories:
Energy sector: crude oil, gasoline, fuel oil, natural gas, etc. Among them

Why do traders need to master the currency symbols of different countries?
In the foreign exchange market, accurately recognizing each country's currency symbol is fundamental. These concise mnemonic symbols not only help traders quickly identify the trends of currency pairs but also significantly improve trading efficiency. For example, the euro symbol € immediately brings to mind major currency pairs like EUR/USD and EUR/JPY; seeing the British pound symbol £ indicates fluctuations involving GBP-related exchange rates.
The core function of currency symbols is to simplify the identification process. Instead of writing out "40 US dollars," it's more straightforward to write "$40," allowing for instant recognition. This shorthand is especially crucial in fast-paced trading environments.
Confusing Currency Symbols — Common Traps for Traders
$ symbol: Used by over 30 countries
When seeing the "$" symbol, beginners often mistakenly think it only represents US dollars. In reality, this symbol is widely used around the world. For example,

What exactly are futures contracts?
Futures are agreements between buyers and sellers to deliver a specific asset at a predetermined price at a future date. The most intuitive way to understand this financial instrument is through everyday commodities.
Imagine you sign a crude oil futures contract today to deliver in three months at a price of $80. This means you commit to purchasing a certain amount of oil (for example, 1,000 barrels) at $80 in three months. When the market oil price rises to $90, the right to buy at $80 becomes more valuable, and the contract holder profits from this difference.
The logic of US stock futures is the same, except the underlying asset shifts from a single commodity to a stock index. Since an index is essentially just a number, what does the actual underlying asset represent?
The answer is: a basket of stocks' combined value. When you trade US stock futures contracts, you are actually trading based on the following formula.

Taiwan Investors Must Know: Why Choosing the Right Brokerage Matters
In recent years, more and more Taiwanese are investing in stocks, bonds, and options trading. However, retail investors generally cannot trade directly and must go through a securities firm to execute transactions. The choice of brokerage directly impacts your trading costs and investment experience. This comprehensive guide will help you understand the differences among Taiwan's mainstream brokerages and compare stock trading fees in depth, so both beginners and experienced investors can find the most suitable trading platform.
Understanding Taiwan's Stock Trading Fee System: Official Pricing and Actual Discounts
In Taiwan's stock market trading, there are mainly two costs involved: commissions and transaction taxes.
The official commission rate is 0.1425%, charged on both buying and selling, with a minimum of 20 NT dollars. Transaction tax is only levied on selling, at a rate of 0.3%, and discounts are not available.
Although the commission has an official rate, online ordering has become mainstream, and brokerage competition

Hong Kong Stock Exchange Trading Hours Overview
The Hong Kong Stock Exchange (HKEX, Stock Code: 0388.HK), as one of the top ten exchanges globally and among the top three in Asia, has a trading schedule that is crucial for every Hong Kong stock investor. Understanding the rules of each trading session is the foundation for developing effective investment strategies.
HKEX's regular trading schedule includes four core segments: pre-opening auction, morning session, afternoon session, and post-closing auction, each with its own unique trading mechanisms:
| Trading Session | Time | Rules and Description |
|------------------|-------|------------------------|
| Pre-opening Auction | 9:00–9:30 | Investors input buy and sell orders, and the system calculates the reference equilibrium price |
| Morning Trading | 9:30–12:00 | Official trading session where various investment operations can be conducted |
| Lunch Break | 12:00–1

In an era of increasing volatility in financial assets, more and more investors are incorporating Crypto into their asset allocation plans. However, faced with thousands of Crypto options, how to select quality projects and develop reasonable strategies becomes crucial. This article will analyze the characteristics of leading virtual currencies by circulating market cap and reveal investment ideas under different market environments.
Crypto Market Classification and Selection Logic
Crypto can be divided into two main categories based on market cap: mainstream coins (top ten) and altcoins, and further distinguished by nature as stablecoins and non-stablecoins.
There is a popular investment saying in the market: "In a bull market, bet on altcoins; in a bear market, stick to mainstream coins." The logic behind this is: altcoins tend to have more aggressive gains during bull markets, offering higher return opportunities; while mainstream coins have stronger resistance to declines, with lower zeroing risks, making them more suitable for survival in bear markets. Therefore, the primary criterion for choosing Crypto is to assess the current market cycle and then determine investment types based on individual risk tolerance.
Other factors influencing the choice

The story of Kawa Ginzo narrates his journey from a difficult experience to becoming a successful stock market legend, but ultimately, greed led to a misstep that caused 30 billion yen in profits to evaporate instantly. His success lies in his unique investment philosophy and rational decision-making, teaching people how to balance rationality and human nature in the stock market.

Many novice investors want to know—can forex trading be profitable? The answer is yes, but the prerequisite is to have sufficient knowledge and risk awareness. As the world's largest financial trading market, the forex market has an average daily trading volume of over $6 trillion, far surpassing the futures and stock markets. In the past, forex investment was mainly monopolized by large financial institutions and high-net-worth individuals, but with the development of the internet and technology, ordinary investors have also gained the opportunity to participate.
Now, over 30% of forex trading is conducted by retail traders, including derivatives such as Contracts for Difference (CFDs). This has led to an exponential increase in the number of individual investors. However, statistical data shows that approximately 70%-90% of retail forex investors face losses. For investors new to the market who are still unclear about how forex trading works, this article will provide a systematic beginner's guide.
What are the main channels for forex investment?
Before entering the forex market, you first need to

短線交易（也稱炒短線）以其快速的入出場節奏吸引眾多投資者，一筆訂單可能在數分鐘內完成，也可能持倉數天。這種交易方式利潤空間大，但風險也不容小覷。想要在短線交易中穩定獲利，核心就是掌握如何精準識別買賣時機，同時有效控制風險。
The essence and characteristics of short-term trading
Short-term trading refers to market operations with an entry and exit time span of several days to weeks. This type of trading is highly speculative, with relatively higher risks, but also offers more profit potential. Unlike long-term investing, short-term traders do not focus on the fundamental quality of listed companies and may even operate on highly volatile assets, aiming to follow market hotspots and capture price differences for profit in a short period.
Win rate is the decisive factor for short-term profitability. Investors must analyze the profit probability of each trade with a calm mindset. Many

The most difficult moment in trading is not entering the market, but deciding when to exit. Traditional fixed take-profit and stop-loss points often face a dilemma—market reversals are imminent, yet the stop-loss is just barely not triggered, meaning you could have made a profit but ended up with a loss. What if there was a tool that automatically adjusts the stop-loss as the market moves, making it perfect?
The Trailing Stop is such a tool. It is not a rigid number but a dynamic exit mechanism that changes with market conditions.
What is a Trailing Stop? Core Logic Explained
A trailing stop order is an automatic risk management tool that follows the market price. Simply put, it sets a "retrace tolerance," so as long as the market moves in your favor, the stop-loss will automatically move up (or down), locking in profits already gained.
Its specific operation is as follows:
When you enter a position, you preset a parameter, which can be a percentage (e.g., 2%) or a fixed number of points (