Entries by Spencer Li

How to Identify Market Trends with Swing Counts

In my last video, I talked about the 3 main market trends that are in the market – uptrend, downtrend, and sideways market. In trading, it is very important to know the trend because trading in the direction of the trend gives you the best odds of profitable trades. In this video, I share about […]

What are the 3 Main Market Trends?

When we look at price charts, we cannot help noticing that prices tend to move in a particular direction for prolonged periods of time, creating trends which we can take advantage of. Generally, there are 3 main directions which trends take, and specific strategies which give you the edge once you are able to identify […]

Technical Analysis vs. Fundamental Analysis

 For many new traders, one of the most common question I get is regarding the method of analysis to use, and it usually boils down to technical analysis vs fundamental analysis. So, what exactly does each form of analysis entail and how do we use it? And more importantly, what are the pros & […]

How to Read Price Charts in 15 Seconds

When looking at a chart, sometimes we have to make snap judgments, as any delay could result in price moving away from your ideal entry point, and resulting in you missing out on a good trade. If you are using many indicators and complex software, it could take many minutes or even hours just to […]

How Much Buffer Should I Use for Stoploss?

When placing a stoploss, one of the biggest struggles traders face is deciding how much risk to take, and how much buffer to use. If your stoploss it too wide, you end up increasing your risk too much. But if your stoploss is too tight, you end up getting stopped out even if you are […]