Entries by Spencer Li

CapitaLand – triangle breakout | Technical Analysis | Singapore Stocks

This is indeed a breakout from triangle formation. Some might argue its an ascending triangle due to the obvious double top peaks formed earlier but either way of looking at it is fine. I have drawn it as a symmetrical triangle in the attachment for easy reference. As for the price target, you actually look […]

Asia Investment Banking Conference 2009

This event was held in SMU, and saw professionals and student flying in from all over the world to attend talks and networking sessions with a variety of renowed industry speakers.  After 3 days of talks and workshops, the event culminated in a memorable networking dinner and social drinking session in a professional setting. It […]

The 3 Essential Elements in your Roadmap to Success

Having studied many professional traders, I found that there are 3 crucial factors that have led to their success. All these market wizards have found success because they have understood and mastered the 3Ms of trading – Method, Money and Mindset. Method (chart-reading): Process by which a trader enters into the market, using either technical […]

Technical Analysis: The Basics of Reading the Market

Technical Analysis is the study of price patterns and trends in the financial markets so as to exploit those patterns. It is in effect applied mass psychology, for it studies the collective action of all market participants. The classical method focuses on analyzing behavioral patterns and patterns, while the statistical method uses formulas and statistics to […]

Is Trading really Risky like Gambling?

At first glance, trading appears to be very similar to why gambling, which is why many people deem it to be intrinsically risky, with the high possibility of huge loss. However, while there are some similarities, there is actually a major difference between these two activities. Trading and gambling both involve a certain element of […]