Entries by Spencer Li

How to Craft a Winning Trading Plan (The 7 Key Ingredients)

You’ve probably heard that you need a trading plan before you start trading, but how exactly do you go about crafting one? Now, if you’ve ever tried to start a business, you will know that you need a business plan, which tells you the A to Z of everything you need to do for your […]

How to Profit from a Short Squeeze (aka. Bear Trap)?

What is Short Selling? Before talking about what a short squeeze or bear trap is, we first need to understand the concept of short selling a stock. Normally, investors buy stocks when they expect prices to go up, so that as the stock prices increase, they can then sell the stocks they own at a […]

5 Biggest Day Trading Mistakes that Beginners Make

 Why do new traders always lose out to professional traders? What is the extra edge that professional traders have that allow them to always win in the long run against new traders? And why do new traders tend to make the same day trading mistakes? Back when I was trading professionally in a private […]

What Do You Want to Achieve in 2021?

I think enough has been said about how life-changing 2020 was, because of how it forced us to take a break from routine, and allowed us to step out of our comfort zones. Change is a good catalyst for growth, and gives us new perspectives on what is really important in life. Before diving into […]

Ascending Triangle & Descending Triangle Pattern Strategy Guide (Updated 2025)

 The triangle price pattern is a type of continuation price pattern, where prices get compressed and converge over time, until price breaks out in either direction. There are 3 different types of triangle patterns – the symmetrical triangle, the ascending triangle, and the descending triangle, each with different trading strategies. In this post, I […]