It is easy to see why retail traders find indicators appealing because of their ease of use and clear-cut signals. In fact, many new traders think they know all about trading because they have learnt a few basic indicators that generate simplistic…
https://synapsetrading.com/wp-content/uploads/2011/04/Warning-to-Beginners-Avoid-the-Indicator-Trap.png7201280Spencer Lihttps://synapsetrading.com/wp-content/uploads/2019/10/logo.jpgSpencer Li2011-04-07 01:45:322022-03-07 12:35:11Warning to Beginners: Avoid the Indicator Trap
Anchoring and adjustment is a psychological heuristic that influences the way people intuit probabilities. Traders exhibiting this bias are often influenced by their initial opinions, the initial trend, or arbitrary price levels such as their…
https://synapsetrading.com/wp-content/uploads/2019/10/logo.jpg00Spencer Lihttps://synapsetrading.com/wp-content/uploads/2019/10/logo.jpgSpencer Li2011-03-14 03:21:512022-07-24 21:06:01Anchoring Bias – I Refuse to Change My Mind!
Every trader knows that using multiple timeframes can provide different perspectives on the market, and provide key information on the lead-lag relationship.
Small timeframes lead larger ones, and larger ones drive the smaller ones. Understanding…
https://synapsetrading.com/wp-content/uploads/2011/01/the-time-element.png7201280Spencer Lihttps://synapsetrading.com/wp-content/uploads/2019/10/logo.jpgSpencer Li2011-01-13 01:31:182022-07-24 19:04:46The Time Element – Choosing the Correct Timeframe
Photo with Lee Lung Nien, COO of Citibank Singapore
This year, it was once again a gruelling tough battle at the Citbank Forex Challenge. There were over 300+ teams, and only 48 made it to the finals. I am proud to announce that 4 of the…
If we look at the collective participation in the markets, we find many different kinds of people, different kinds of beliefs, and different kinds of theories. These differences create price movements and patterns. To understand and exploit…
https://synapsetrading.com/wp-content/uploads/2010/09/trading-psychology.jpg8221233Spencer Lihttps://synapsetrading.com/wp-content/uploads/2019/10/logo.jpgSpencer Li2010-09-03 20:57:002021-05-01 23:10:53How to Think Like a Trader by Changing your Frame
Many new to trading have the tendency to liquidate positions that show a small profit, yet they keep those positions that show a loss as are unwilling to take a loss, in hope that prices will rebound. Such a counter-intuitive strategy will…
https://synapsetrading.com/wp-content/uploads/2019/10/logo.jpg00Spencer Lihttps://synapsetrading.com/wp-content/uploads/2019/10/logo.jpgSpencer Li2010-05-27 03:17:092021-05-13 05:00:46The Psychology of the Stoploss – Why is it so Hard to cut Losses?
Despite what people may otherwise tell you or any preconceived ideas you may have, there are only two things that move stock prices.
They are supply and demand - nothing more and nothing less. This is the foundation of basic economics as…
https://synapsetrading.com/wp-content/uploads/2010/04/What-Moves-Prices-in-the-Financial-Markets.png7201280Spencer Lihttps://synapsetrading.com/wp-content/uploads/2019/10/logo.jpgSpencer Li2010-04-22 17:08:512022-07-24 18:52:11What Moves Prices in the Financial Markets?
The random walk theory, which started off from academic offshoots, put forth the idea that one should give up trying to predict or beat the markets because it was impossible to do so. In theory, this theory sounds plausible, but in practice,…
https://synapsetrading.com/wp-content/uploads/2019/10/logo.jpg00Spencer Lihttps://synapsetrading.com/wp-content/uploads/2019/10/logo.jpgSpencer Li2010-03-01 01:20:502022-03-09 13:31:47The Random Walk Myth: Theory vs. Practice
