Spencer Li

Free Trading Workshop | The Key to Consistency: Transforming Newbies into Full-time Traders

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On Wednesday, we had another fruitful sharing session at City Index, this time the focus was on how newbies can become full time traders and pursue their dreams of financial freedom and wealth abundance. It was a good session, and the audience was great, so we had time for them to ask about their favourite stocks, and we had the chance to share some invaluable experiences of being a full time trader, and the steps needed to progressively reach that level of competency.

Some of the stocks and currencies we discussed included Zygna, Genting, Ausgroup, Genting, DBS, USD/JPY, GBP/USD, Gold, and those who were there will now surely be glad that they did not miss this session (those who were there will know what we mean). We have thought of many new topics that we will be sharing in our upcoming seminars, so do stay tuned and sign up for our exclusive mailing list if you wish to be invited for our events.

For those who did not manage sign up in time, we apologise that the space is limited, so perhaps in the future it would be better to sign-up immediately once you receive the invitation. Cheers!

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Spencer Li

Guest Speaker at TASS (Technical Analysts Society, Singapore)

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Technical Analysts Society (Singapore)

Last Friday, I got invited to give a talk at TASS (Technical Analysts Society, Singapore), a society consisting of many brokers and traders. Since the crowd was of a more advanced level, I shared more in-depth about behavioral analysis and price action, how how to time the market accurately.

It was a fruitful session, where I got a chance to share my market views on forex and Gold (USD/JPY, EUR/USD, GBP/USD, USD/CAD), and we also discussed several SG stocks, such as Wilmar, Midas. I will be posting those charts we discussed into the Synapse forum.

A big thanks to TASS for organising, and a big thanks to all those who turned up!

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Spencer Li

Training Program Reviews: “Submitted my Tender for Resignation to Trade Full-time…”

Training Program Reviews

We recently received another email from a student telling us that he has quit his job in a bank to become a full-time trader. He is not the first to do so, and definitely will not be the last.  We are glad that he dared to take the first step to pursue his dreams and passion, and we know that many others have the same dream out there, but are afraid to quit because they do not have the support of other traders and mentors, so they are unconfident of their skills.

We wish him all the best, and hope that he will continue to share and support the new traders, so that one day, they too can pursue their dreams.

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Spencer Li

Private Trading Workshop | Psychology & Market Timing

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Yesterday, we gave a private seminar for selected clients for CMC clients, and although it was raining heavily, the turn-out of 40+ was pretty decent. We shared about behavioral analysis, psychology and market timing, and gave our outlook and stock picks. Although I didn’t do any selling, a few people signed up for the upcoming March intake for the Synapse Program. For those who didn’t get to attend this seminar, fret not, as I will be organising more that are open to public, perhaps some time in April.

Feedback

“My key takeaway is that there is no easy way to success, and one must be disciplined.”
– Wong Tian Wai

“Good pace, trainer has good knowledge.”
– A.Manickkam (1 year experience)

“Speaker speaks well and is humble. There is a good overview of trading, type of trading and wealth creation.”
– Wee Chung Soon (4 years experience)

“I liked the new ideas. Something different is the 4 major patterns presented differently. It gives me an added dimension of seeing.”
– Leslie Tan (>5 year experience)

“I liked the market outlook best. My key take-away is the 4 different types of behavioral patterns.”
– Anonymous (>5 year experience)

“The website provides lots of useful info. The speaker is very knowledgable.”
– Steven Hong (5 years experience)

“My key takeaway is the free reading list provided.”
– Alwin Lim (manager)

“I learnt to focus on price action and not on indicators. My key takeaways are the different setups and the wealth pyramid.”
– Anonymous (Housewife, 1.5 years experience)

“My key takeaway is that timing is the essence to stock markets.”
– Hailey (Financial Analyst)

“The setups are easy to understand, and one key takeaway is that there is no holy grail in the market.”
– Peter Nwee (Manager, 5 years experience)

“Honest sharing by Spencer. No hard-selling, good and sincere. The pace is good for even beginners.”
– Max Thiam (Engineer, 5 years experience)

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Spencer Li

Lunch Invitation – Robert Walters HR Media Event

Today, I attended a lunch invitation by Robert Walters, one of the biggest global HR firms, to attend their annual global salary survey launch. It was a great lunch and presentation, and I got the chance to meet other journalists and industry powerhouses, including representatives from the Business Times, Channel News Asia, the Straits Times, SPH, etc. Most likely, you will be reading about this in tomorrow’s papers. But here is a sneak preview of the latest job trends:

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SINGAPORE, February 20, 2013 – Robert Walters, one of the world’s leading specialist professional recruitment consultancies, launched its Annual Global Salary Survey today. Now in its 14th edition, the Robert Walters Global Salary Survey is the most comprehensive review of global recruitment trends and salary levels available. It provides an in-depth analysis of salaries earned around the world by both permanent and contract workers across a wide range of sectors. The Singapore section covers the following sectors: banking & financial services, accounting & finance, engineering, HR, IT, legal, sales & marketing, secretarial & support as well as technical healthcare.

Here are the key findings of the latest Robert Walters Asia Job Index Q4 2012:

  • The total number of job advertisements placed regionally in Q4 2012 increased by 2.1% compared to Q4 2011.
  • Low quarter-on-quarter growth in some Malaysian sectors led to a 12.5% drop in advertising figures for advertising and marketing roles.
  • The drop in consumer confidence in Hong Kong caused a 22% decrease in open positions within purchasing and merchandising.
  • Due to seasonality issues like annual bonus payouts, job advertising in Singapore fell by 35% in Q4 2012 compared to Q3.
  • With the growing Chinese property market, property management roles rose by 13.6% in China.
  • The increased demand for corporate governance in South Korea created a 14.8% rise in job advertisements for consultants and analysts.
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