Entries by Spencer Li

What are the Best Stablecoins and are they a Good Crypto Investment?

 Stablecoins are non-volatile digital assets (cryptocurrencies) that are pegged to an external, real-world asset. Because they are designed to have a consistent value, in theory they allow for a risk-free investment. By solving one of cryptocurrency’s biggest issues (volatility), stablecoins give retail investors more confidence to invest in cryptocurrencies. In this blog post, I […]

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What is Decentralised Finance (DeFi) and is it the Future of Finance?

 Decentralized Finance (or “DeFi”) is a new global financial system that allows people to access financial services without the intervention of financial institutions such as banks. It is a robust financial system that aims to set people free from their reliance on banks, credit unions, and insurance companies as there is no transparency in […]

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SkillsFuture Credit-Eligible Workshop on Trading & Investing Skills!

Last weekend, we conducted another online workshop on the basics of trading and investing, and since it is a SkillsFuture Credit-Eligible Course, participants could use their SkillsFuture credits to pay for the course instead of cash. Thanks for the support! ? During the 9 hours of training, participants learnt portfolio strategies to build and protect […]

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How to Build Confidence in Trading

Success breeds confidence Baby steps to giant strides Confidence in your (i) ability (ii) system Hesitation to pull the trigger One more bar syndrome Burnt finger anxiety Mental reset – one good trade!   Spencer LiAfter trading for 18 years, reading 1500+ books, and mentoring 1000+ traders, I specialise in helping people improve their trading […]

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What is Your Circle of Control in Trading?

Focus your energy on what’s important Letting go of the outcome You cannot control the outcome, but you can control your actions and emotions Do not focus on the $ and P&L fluctuations Sports analogy: Don’t focus on the score! Big picture: individual trades do not matter Read more: Is Trading really Risky like Gambling? (How […]

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