Entries by Spencer Li

Open Seminar at City Index: The Most Important Candlestick Pattern

On Saturday, we had another full-house seminar on candlestick patterns. It was conducted at City Index, as part of our collaboration with them. Besides covering the basic patterns, we delved deeper into blended candles, and talked about the most important candlestick pattern – the universal candle pattern. Do stay tuned for more of our educational […]

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The Synapse Program – Full House!

Last weekend, we concluded another successful run of our 2-day program, adding another batch of new traders to our community. We had a mixture of new and old traders, as well as some previous batches of graduates sitting-in and helping out by providing useful feedback and asking relevant questions that I may have overlooked.   […]

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Open Seminar at CIMB Securities: The X-Factor in Trading

Last week, we have an open seminar at CIMB Securities to share about what it takes to be a professional trader. We started off with the different attributes required of a trader, then delved into our trading style, before ending off with a market outlook and stock picks. As it was a full house event, […]

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Regret Aversion Bias – Would You Rather Be Right, or Avoid Being Wrong?

People exhibiting regret aversion avoid taking decisive actions because they fear that, in hindsight, whatever course they select will prove less than optimal. Basically, this bias seeks to forestall the pain of regret associated with poor decision-making. It is a cognitive phenomenon that often arises in traders, causing them to hold onto losing positions for […]

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The Quest for the Holy Grail: Secrets, Gurus & Software

Another big danger to new traders is the idea of the holy grail of trading. To many, the holy grail of trading is deemed to be the ultimate solution to all their trading problems, the magic bullet that will allow them to profit without effort, the secret trading method or tool that will allow them to […]

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