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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

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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Trading Tips

5 Biggest Day Trading Mistakes that Beginners Make

Day Trading for Beginners: The 5 Mistakes That Blow Up New Traders Last updated: 3 July 2026 · By Spencer Li, CFTe New day traders lose to professionals for five repeatable reasons, and none of them is a lack of talent. They trade without a written plan, they skip the practice reps, they hold losers […]

0 Comments/by Spencer Li
Living Your Best Life

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 […]

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Technical Analysis & Price Action

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 […]

32 Comments/by Spencer Li
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