In the most recent FOMC meeting, the Fed held rates unchanged, which was no surprise, and it meant that this liquidity-driven long-term bull market in stocks and crypto will continue running. Stocks and crypto are actually pretty correlated, and the biggest danger to the uptrend is if yields start rising. In this post, I’m going […]
Overconfidence Bias in Trading: What It Is and How to Fix It Last updated: 3 July 2026 · By Spencer Li, CFTe Overconfidence bias in trading is the unwarranted faith in your own judgment, predictions, and abilities, the gap between how good you think your decisions are and how good they actually are. It shows […]
As countries around the world roll out their vaccine plans, we can see different industries and different countries recovering at different rates. However, only a small percentage (about 5%) of the global population is vaccinated, so it might take a while before we start to see the results of the vaccines kick in to […]
Would you pay millions of dollars for digital artwork? Welcome to the world of NFTs, or non-fungible tokens. Just this year so far, about $1.3 billion of NFTs have traded through Ethereum network, dwarfing the activity last year. The biggest transaction was an NFT purchased for $69.3m dollars. At this point, you might be […]
Is Trading Gambling? The Difference Is Your Edge Last updated: 3 July 2026 · By Spencer Li, CFTe Is trading gambling? No, not if you have an edge. The single difference between the two is the mathematical edge, which is whether probability is on your side over many repetitions. A casino has the edge over […]
