There is one country that has already discovered the power of Foreign Currency trading and that is Japan. There is on average $9.1 billion dollars a day traded on currencies in Japan.
And you will never guess who is doing it. 20% of all foreign currency is being traded in Japan by Japanese housewives. Yes, that’s right, Japanese housewives! Some would say Japanese tradition frowns on women making money through means other than hard labor – means such as market speculation on stocks or currency trading. But this taboo is now out in the open thanks to Mayumi Torii. The 41-year old mother of one said she earned $150,000 since she started margin trading in currencies early in 2006.
Torii now appears on TV promoting her FX Beauties Club. She says now “I can stand on my own economically”. A necessity she discovered after her first marriage ended in divorce, and she and her son had to live off her meager savings. “I never want to feel that vulnerable again,” she said.
You can read more about Torii over at the NY Times.
