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Travel Highlights: Melbourne, Tasmania & the Australian Open!

Roughly 3 months ago, I embarked on a 2.5 week trip to Australia, and although the weather was blistering hot, I would say it was well worth the experience.

The main highlight for me was the Australian Open 2019, where I got to see all the legendary tennis players.

I also explored the city of Melbourne, including a trip to Phillip Island to visit the fairy penguins.

I spent a couple of days completing the “Great Ocean Drive”, checking out the famous “12 Apostles” rock formation, and chilling along the beaches.

Lastly, I also visited Tasmania, which included some unique highlights such as the Lavender blooms, Wineglass bay, fruit and oyster farms, Sullivan Cove distillery, and Bruny Island.

Needless to say, my mobile “15 minutes a day” trading system allowed me to continue trading on the go, at any time and any place, so I did end up taking a couple of trades during the trip.

 

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Finally get to see Federer play live! 🇨🇭🎾🏆 #ausopen #ausopen2019 #federer

A post shared by Spencer Li 🇸🇬 Synapse Trading (@iamrecneps) on

 

Here are some photos from the trip:

Here is the full photo album for this trip: https://www.facebook.com/iamrecneps/media_set?set=a.10156977615923430&type=3

Good luck, and may the profits continue to flow in! 😀

 

P.S. For my full travel photo log and list of countries travelled, please visit: http://synapsetrading.com/travel-log/

Travel Highlights: Philippines – Manila, Pico De Loro

Last month, I went for a short trip to the Philippines, firstly to Manila as an invited guest speaker at the Traders Fair Expo, before making my way down to Pico De Loro for some sun and beach. 😀

Currently, I am on a 1-month road trip in the US, and I will be sharing more insights and photos once I am back!

Along the way, I will be sharing some nuggets of wisdom on trading and investing on FB: https://www.facebook.com/synapsetrading/

For those who love adventure and real-time updates, do follow me on Instagram and Facebook as well.
My personal FB: https://www.facebook.com/iamrecneps
My Instagram: https://www.instagram.com/iamrecneps/

 

Here are some photos from my last trip:

Here is the full photo album for this trip: https://www.facebook.com/iamrecneps/media_set?set=a.10156319709623430.1073741850.530303429&type=3

Good luck, and something really exciting is brewing! 😀

 

P.S. For my full travel photo log and list of countries travelled, please visit: http://synapsetrading.com/travel-log/

Travel Highlights: Europe Trip – Ireland, Iceland, UK!

In October, I embarked on a 2-week trip with my sister to Ireland, Iceland and the UK, and it was an amazing trip! 😀

In 2 days, I will be going for another 2-week trip, this time covering Dubai, South Africa and Lesotho. (Yes, this is a country!)

Of course, I will continue trading as I travel, and continue supporting my students and traders. Stay tuned for my market updates!

For those who love adventure and real-time updates, do follow me on Instagram as well: https://www.instagram.com/iamrecneps/ 

 

Here are some photos from my last trip:

fb-album-ireland-iceland-uk

Here is the full photo album for this trip: https://www.facebook.com/iamrecneps/media_set?set=a.10154654785598430.1073741842.530303429&type=3

Good luck, and trade safe! 😀

 

P.S. For my full travel photo log and list of countries travelled, please visit: http://synapsetrading.com/travel-log/

5 Practical Tips on How to Trade on the Go (With 15 Minutes a Day)

After trading and travelling to 48 countries across the world, I realised that it is actually not very difficult to trade on the go, since in most countries you can get wifi or buy a data plan, so as long you have your mobile phone, you can easily place trades as you move along.

2016-07-10 10.20.49

 

Here are some useful and practical tips I have picked up along the way:

1. MAKE SURE YOU HAVE A GOOD INTERNET CONNECTION

This is a no-brainer, as the last you want is to be left handing with no internet after entering some trades, and not being able to input your stoploss and targets. Don’t forget to take full advantage of Wifi hotspots at hotels and cafes, or even better, purchase a local SIM card and data plan.

If you have intermittent access to the internet, perhaps because of flights, then make sure you always have a stoploss in place for all your trades.

2. FOCUS ON A HANDFUL OF SETUPS AND PRODUCTS

Since you don’t want to spend too much time browsing the markets, it is a good idea to prepare a simple watchlist beforehand. For me, I usually focus on about 20+ forex/commodity pairs, so that I can scroll through all of them quickly in a few minutes with my mobile phone to look for any good trading opportunities.

And since I won’t be taking many trades, I can choose the best of the best trades, which means that I can focus only the very best setups that I see. When you see an AWESOME setup, it should jump out of the chart and right in your face, and you should feel the rush of adrenaline and excitement to take the trade. If you have to squint at the chart and think thrice about whether it is a good trade, then I would suggest you just let it go.

3. USE A LARGER TIMEFRAME TO PLACE YOUR TRADES

If you are on the move, then obviously you won’t have time to be staring at the charts all day, which means you should not be using smaller timeframe charts like the 5-minute or 15-minute charts. Actually, I won’t recommend using anything less than a 1-hour timeframe.

By using longer timeframes (1-hour, 4-hour, daily), it means that you only need to check the charts at very infrequent intervals, such as every hour, every 4 hours, or once a day. This way, you do not have to constantly worry or stress about your positions, because your stops will naturally be wider (and your positions smaller), so you do not have to worry about the smaller market fluctuations.

4. DO NOT SPEND MORE THAN 15 MINUTES A DAY

Since you do not have to constantly monitor the market, this means that you only have to periodically check and update your positions. You can easily do this by utilising the “wasted” pockets of time that you have throughout the day.

For example, when you are waiting for a bus/taxi/mrt/plane/train, or waiting for your ordered food to arrive, instead of playing some mindless mobile app game or reading random articles of facebook, why not open up your trading app and place some trades instead? This way, you can make some additional income with your spare pockets of time.

5. LEVERAGE ON A GOOD NETWORK OF TRADERS

Lastly, by leveraging on other good traders, I can learn from their trades and hone my skills as a trader.

You can check out some of our free communities and trading signals here: http://synapsetrading.com/market-analysis-and-discussion/

See you soon! 😀

 

P.S. For my full travel photo log and list of countries travelled, please visit: http://synapsetrading.com/travel-log/

The Travelling Trader is Heading Off to Country Number 47 & 48!

After much anticipation, I am setting off for my 3 week holiday to cover 3 countries (of which 2 are new), which is a well-deserved reward for a great year of trading, and also because I have always wanted to see the Northern Lights (fingers crossed).

I will continue to spend 15 minutes a day trading (to prepare for my next trip), and to support all my students who are also studying and working hard to improve their finances and enjoy life with their family and loved ones. Keep up the great work! 😀

To follow me on my adventures as I trade, travel and explore the world, feel free to follow me on Instragram and Facebook:
https://www.instagram.com/iamrecneps/
https://www.facebook.com/iamrecneps

For those who have already reserved your place for the next “Trading Foundation Workshop”, don’t worry, as I will be back in time to conduct the training myself.

For those who have not, don’t miss the chance to kickstart your trading journey for a tiny investment of $25 (yes, I know it’s ridiculously cheap), and receive 3 hours of live training and 2 hours of online training.
Check availability: http://synapsetrading.com/trading-foundation-workshop/

See you all soon! 😀