When it comes to trading, most people think that trading is stressful and boring because it involves staring at a screen the whole day and watching prices move, and then having to execute trades at lightning speeds to make any profits.

That is quite often what is shown in the movies, and very much dramatized.

In reality, there are many different kinds of trading, and here is a simple infographic depicting the main categories.

Source: Forex Useful


Generally, what you see in the movies tend to depict scalpers and day traders, which is the most stressful kind of trading. I myself tried it for a couple of years, but it started to take a toll on my health, which I decided was not worth the money, even though it was pretty good.

Position trading is more useful in timing the market to build your long-term portfolio, as I mentioned in my previous blog post:

Hence, I find that the most useful kind of trading for anyone who is doing it part-time, or does not want to get too stressed out, is to use a swing trading approach. This means taking tactical positions to capture the medium to long-term trends.

With just 15 minutes a day, it is more than enough for me to place and manage my swing trades, which leaves me more free time to focus on the things that matter in life.

Of course, there are some drawbacks to swing trading as well, for example your income will be more lumpy as compared to intraday trading, and you will need a ton of patience in waiting to enter the perfect trades, and also waiting for trades to play out.

In summary, the type of trading style really depends on each individual personality and amount of free time, but personally I prefer to use the swing trading approach because it gives me the best returns for my time and effort.

Do you know what is your preferred style, and does it play to your strengths? 😀


Last week, we had some pretty decent trades in, netting close to US$2,000 in profits for a handful of quick trades, riding on the strength of the USD after the FOMC.


Also took the chance to check out my new house:


For those who are keen to join our private network for timely trade calls, you can reserve your spot here, but do so early, as we only allow 20 new people to join each quarter!

Last week, we concluded another exciting run of our “Trading Mastery Program”, where we imparted our powerful “lifestyle trading” strategies to empower another batch of traders to create a 2nd source of income from the forex markets by spending 15 minutes a day.

I will be taking a long break from training, so we will not be having anymore “Trading Foundation Workshops”, but I have scheduled another 2 more sessions this year to clear our waiting lists for the “Trading Mastery Program”.

We will also be opening a few seats to the public for each session, on a first-come, first-serve basis. for those who are keen, you can reserve your slot via this link:


Training Feedback from Attendees:

“Very informative. The feedback from the homework submission is very helpful as it helps to confirm the concept & understanding. The concepts are broken down into simple parts, easily understandable with great support.” – Clemence Wang

“I’m very new to trading and this training gave me a lot of important insights & strategies to become a good trader.” – Larry Tan

“I feel that the course provided a clear and proven methodology to trade effectively. The tools provided are also very supportive.” – Janie, AXA

“The concepts taught by Spencer are easy to follow!” – Jiawei

Very informative and interactive training conducted in a right pace.” – Eugene Chng

Awesome course and wonderful post-course support even before the course ends.” – Eddy

Excellent training.” – Quek Boon Kiat

“A very complete training program that give a good coverage on trading and practical setups that are easy to understand and apply. The mindset portion is very important to ensure that we are profitable in the long term. Thank you.” – Alan

“The training was very well-done. The flow in the course is good, and very informative and detailed with a good overview of the entire market. The ending with mindset and psychology summarized it nicely. The case studies were also very useful in allowing us to apply the principles involved.” – Sherilyn Tan

“Good program structure, clear flow of progress on how to become a good trade, deep learning with a top-down approach.” – Nguyen Son Tung

Systematic and methodical.” – Wei Ming

“The course is conducted well. Able to see charts with different perspective and understand the behavior of the market and apply the correct method.” – CW Tay

“Having being a complete newbie to trading, Spencer’s course resources have made it easy for me to understand.” – Jaxon

“The program is systematic and provides good fundamental knowledge for traders who aspire to be profitable.” – Min Lun

“The concepts taught by Spencer are easy to understand.” – Gary

“A comprehensive workshop that gives insights to trading. The money management strategy is very good advice.” – Richard Ching, Nanyang Polytechnic


Register Early to Avoid Disappointment!

We will also be opening a few seats to the public for each session, on a first-come, first-serve basis. for those who are keen, you can reserve your slot via this link:

Good luck to all the new “future millionaires”, and see you all at the top! 😀

Last month, I embarked on a 2-week trip to Dubai, South Africa and Lesotho, and  it was truly a unique experience, especially driving over 3000km in 2 weeks, trying out the shark-cage diving, riding an ostrich, and doing a self-drive safari.

And the best part was that by continuing to trade 15 minutes a day, I managed to make a tidy 5-figure profit during these 2 weeks of travelling, which was more than sufficient to cover the cost of the whole trip! 😀

Here are some photos from the trip:


Here is the full photo album for this trip:

Good luck, trade safe! 😀


P.S. For my full travel photo log and list of countries travelled, please visit:

This year, we are off to a great start for our trading accounts, which means it is time to get ready to start planning our travel adventures for the year! 😀

A typical tour (if you’re going without a guide) normally involves planting yourself at a city, and then using it as a base to get to where you want. That’s fine if you want a normal, touristy tour. But getting off the normal road is a lot more rewarding (and a lot more fun!)

Unlike what the image below shows, we’re not going to London, Ney York, Paris, or the Taj Mahal (been there, done that!).


Here are 5 places you must visit if you really consider yourself a travel junkie:

  1. Wales
  2. Kenya
  3. Sri Lanka
  4. Albania
  5. Romania



Wales is home to one of the most beautiful highland regions of the world. Picturesque and yet not cliche, the natural beauty and variety of the mountainous region is sure to dazzle. Of course, how can we talk about Wales without an obligatory picture of a railway train?

waAh, yes. The obligatory railway train photograph.

History buffs would love the endless menu of castles, museums & churches. Picture the Harry Potter castle – Alnwick Castle of Northumberland in England – you get much more than that. Caenarfon, Conwy, Harlech, Carfiff, and Pembroke castle are some of the more interesting ones.

In the southwest, Pembrokeshire offers unparalleled coastal adventures and sight-seeing. Here, a snapshot of what it looks like in Pembrokeshire national park.

walesCoastal beauty is the norm here at Pembrokeshire, Wales.


Beautiful white sandy beaches, national parks, bustling metropolitan cities, luxury hotels… you probably won’t associate these with Kenya, but they sure do exist there. African nations are starting to ramp up on their visitor-friendly image, and while safety is a concern on many travellers’ minds, Kenya is a largely unexplored territory that would yield great dividends, if you know where to look.

asNairobi at night sure doesn’t look like the stereotypical Africa.

Another interesting attraction is its rich tribal culture, and Kenya wears this as a badge of honour. Bomas of Kenya is a wonderful museum where visitors can live in a recreated village, and learn about the music, culture, and lifestyle of each tribe (along with cultural performances!)

aCultural Performance at the Bomas of Kenya
Source: @fetchstix on Pinterest


Sri Lanka is often not thought of as a tourist destination. However, Sri Lanka offers majestic beaches:

111A beautiful pavilion along Bentota Beach, Sri Lanka

111111Sri Lanka is often not thought of as a beach destination.
Source: Sri Journeys

…and an epic-looking rock.

lionNot just another rock; the rock, named ‘Sigiraya’ (lion rock) is an ancient rock fortress of nearly 200m in height.
Source: Ceylon Private Tours

Marco Polo described this island as ‘the finest island of its size in the world’, and many adventurers continue to flock to its beaches and beautiful shores. Elephants, Indian culture, rare spices, and precious stones make it a legendary place for natural beauty. While the place experienced civil wars in the past, the peace it now has brings optimism to its people, and great times are ahead for this humble location.


This humble nation of about 3 million Albanians has a very deep and rich history. While watching people lead their horses out on the street, you may find it fascinating that this nation was totally isolated because of its paranoid communist dictator.

asAn Albanian leads his horse out on the streets in Cosovo.

As a result of the dictator’s communist rule, there are many strange little concrete domes (750,000 of them!) to defend the country. These gigantic grey mushrooms are all over the country.

There are some obvious problems with designing a military strategy around hundreds of thousands of bunkers. How long could one defender hold out alone in a bunker? How could all the disparate, scattered positions be resupplied? How would they communicate?

bunkerIt’s actually quite common to see bunkers in random places. In front of homes, cemeteries, and even malls.

Shopping is great in Albania, and the languages spoken are rich and diverse. Definitely somewhere to visit if you’re into history and it’s incredible how a nation survived world war 2, nazi germany, and communism all in one century.


romCool-looking houses dot the landscape amidst lush greenery here in Romania.
Source: LonelyPlanet

Romania is beautiful city with colourful cobblestoned towns painted to perfection. Aside from its quiet, just-humming-along mood, the Buconiva’s painted monasteries offer an epic adventure into the war against the Ottoman empire.

aBiblical stories painted onto the monasteries’ walls.

Most buildings are painted inside, but these are also painted on the outside. The buildings clearly deserve its UNESCO World Heritage status. History buffs would love this and the place is just surreal.

The famous Danube Delta is located in Romania. Hiking, exploring, travelling by boat, and just being in awe of wildlife is a wonderful treat for travellers who are adventurous enough to spend a few days here.

deltaAn aerial view of the Danube Delta, Romania.

baA beautiful shot of the delta from a boat.

Now that I’ve pointed out these 5 places, I’m sure you are amped to get yourself creative on your next trip.

Feel free to leave a comment if you have other suggestions, and I might just add it to my next travelling destination.

Cheers, and a great week ahead! 🙂


P.S. For my full travel photo log and list of countries travelled, please visit: