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Spencer Li

About Spencer Li

After trading for 20+ years, reading 1500+ books, and mentoring 1000+ traders, I specialise in helping people create a second source of income via swing trading, with just 15 minutes a day.

Entries by Spencer Li

Trading Tips

Why Paper Trading is a Waste of Time (And What are Better Alternatives?)

Paper Trading: Is It Worth It, and What Are the Better Alternatives? Last updated: 3 July 2026 · By Spencer Li, CFTe Paper trading (also called demo trading or virtual trading, where you trade with fake money to simulate the experience without real risk) is worth it for your first 10 to 20 trades, and […]

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Trading Tips

How to Create a Trading Journal (And Discover Your Edge in the Markets)

 Have you ever wondered why you keep making the same trading mistakes over and over again? As you start your trading journey, one very important habit to cultivate is to have a good trading journal, which is why in this blog post, I’m going to share with you how you can start a trading […]

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Market Analysis

Is the Stock Market Heading for a Correction? (While Bitcoin Surges…)

After the sharp run-up in stocks from last year’s March lows, some people are starting to wonder if the market has got a bit too bubbly. In this post, we will compare the different stock indices, as well as some other products, to see if there are any good opportunities.   The Meteoric Rise of […]

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Trading Tips

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

How to Write a Trading Plan: The 7 Ingredients (With Template) Last updated: 3 July 2026 · By Spencer Li, CFTe A trading plan is a written rulebook that decides, in advance, exactly what you will trade and how, so that when the market opens you only have to execute, not strategize. A complete plan […]

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Trading Tips

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 […]

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