Spencer Li

Trading Class | The Synapse Program – Another Batch of Promising Traders!

Last weekend, we concluded another full-house run of the Synapse Program, training another batch of promising new traders, and imparting to them lifelong real trading skills, which we hope they will continue to apply to achieve consistent results in the markets.

Another Batch of Promising Traders

Another Batch of Promising Traders 2

We look forward to seeing all of you participate actively in the discussion forum, and at the upcoming monthly mentoring workshops. Remember, a skill is not learnt overnight, and it takes practice to perfect it. Together, we can avoid the common pitfalls that most beginners struggle with.

Feedback

“The topics covered are very complete and cover all aspects of trading. Spencer is also very knowledgeable and is able to answer all the questions asked.”
– Ivan Tan (PCS Security)

“Content is simple and easy to understand, very useful for novice and even experience traders. One of the best courses in the market, will gladly recommend to other family and friends.”
– Adrian Khwang (Standard Chartered Bank)

“I have known Spencer for several years. He is a passionate trader & very well read in the subject of price action and technical analysis. Definitely someone good to talk to in terms of trading ideas and TA.”
– T.Y. (Proprietary Trader, Propex Derivatives)

“Detailed explanation of the 7 setups!”
– Christopher Chan (Mitsubishi Corporation)

“This is a very good training program for beginner, even for those seasoned traders.”
– Lam Lee Lee (HR Professional)

“”Detailed program which covers full aspects of trading. Good explanation given on the technical aspects of charts. Very friendly and nice trainer.”
– Janice Ong (Student)

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Spencer Li

Shares Investment Guest Article Feature

Shares Investment Guest Article Feature

Recently, I was asked to write a feature article in the “Shares Investment” publication to give an outlook on the Singapore market. As you can briefly see from the chart in the picture, I am expecting a larger correction, which would at least see prices dip below the 3,000 round figure. To find out more, this publication is available at selected bookstores and most news stands.

Shares Investment Guest Article Feature 2

 

According to Investment Trends’ Singapore Broking Report 2011, Shares Investment (Singapore) is the most popular magazine among frequent stock market traders in Singapore. Since july 1995, Shares Investment has been weel-acclaimed by both the investing public and local stock brokers – boasting of more than 30,000 readers every issue.

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Spencer Li

SGX Exclusive Interview | StockWhiz Trader Profiling

StockWhiz Trader Profiling

 

Recently, I got profiled for the SGX StockWhiz Online Investing Competition, and was asked to share some of his experiences with the participants:

  • What are some trading strategies that you would like to share?
  • What are the key elements of successful trading?
  • How do you decide which financial instruments to trade?
  • What are some educational resources you would recommend?
  • Who would you consider to be your trading mentor?

To read the full interview, click here.

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Spencer Li

Tips for your Resume: How I Managed to Land a Job With the Big Boys

The point of a resume is to provide your future employer or headhunter a glimpse of your achievements and skill sets, and the purpose of this is to stand out sufficiently, so as to get an opportunity for an interview.

Resume-Tips

After looking through many resumes and talking to many employers, I have a pretty good idea of what they are looking out for, and what should be avoided in your resume. Here are some of my personal guidelines:

      • Keep your resume to ONE single-sided page. Employers have piles of resumes to look at. They will only spend a few seconds scanning your resume to decide if you are worth a shot. They do not have time to scan two pages.
      • Use a decent template. A resume with ugly formatting may get tossed away before getting read.
      • A photo is optional, but if you are including one, make sure it is a professionally taken portrait shot, and not one simply taken using your webcam.
      • Provide relevant data, but not more. Relevant data includes your name, address, mobile number and email address. Irrelevant data includes your birthday, height, weight, race/religion, horoscope, next-of-kin, favourite colour, etc
      • Have a professional-sounding email address. School email addresses are acceptable, but for personal email addresses, please use one that resembles your name, eg. john_tanxx@gmail.com, instead of something like cute_boi88@gmail.com. You get the idea.
      • Put in only the best stuff. Given the space limitations, and considering the few seconds of attention that will be given to your resume, you want to make sure they read the good stuff, so don’t dilute and bury it within other less important experiences. This is not an autobiography, so it is not necessary to write in every single experience you have been through. Write only what is relevant to the job, and things that will possible enable you to stand out. Hint: no one really cares about the medal you won in primary/secondary school.
      • Categorise your experiences. Common categories include “Education”, “Awards & Honours”, “Leadership & Activities”, “Professional Certifications”, “Skills & Interests”
      • Include the time periods for each work and education experience
      • After stating each work experience, include two or three bullet points of elaboration to give a brief description of what you did and what you achieved

If you have any additional tips to share, feel free to add them in the comments below.
Good luck! 😀

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Spencer Li

The Cheetah and the Trader – How to Go for the Kill

The cheetah, while the fastest animal on the African plain can outrun any of the prey it feasts upon, always chooses to go for the young, weak, or sick. Once identified, he attacks with laser-guided focus and effectiveness. It is only then that the kill is likely. This is the epitome of a professional trader. Be the cheetah.

 

The Cheetah and the Trader

 

Here are some common questions I get from people:
“Sometimes I can’t find good setups in the market, should I trade the less optimal setups or should I look for more different stocks to trade?”
“The setup I learnt from xxx course was working fine a few months back, but it doesn’t seem to be working now. Should I continue using it?”

 

So, how do we go for the kill?

As cheetah, we should always go for the easy trades. But quite often, for the newbie, the easy trades are staring them right in the face but they do not see them. This is because they are only familiar with a few simple setups (with simple rules/formula) that work best only under specific market conditions.

All these questions have a common theme. Traders who learn one or two simple setups think that they can trade successfully, but when the market changes, quite often the simple setup or system that they are using cannot adapt to the market, and becomes discarded.

Hence, a good trader cannot keep relying on the one same setup. Rather, he needs to know the basic form of a setup, so that from there, he can create a wide variety of different setups that are best suited to the current market situation. That is why we teach a variety of setups (and certain proven variations), leaving them the core skills to tweak setups to adapt to any market situation.

 

complete guide to investing and trading psychology cover

If you would like to learn more about trading psychology, also check out: “The Complete Guide to Investing & Trading Psychology”

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