Trading Psychology

Anchoring Bias – I Refuse to Change My Mind!

What Is Anchoring Bias in Trading (and How to Beat It)? Last updated: 14 June 2026 · By Spencer Li, CFTeAnchoring bias is the tendency to lean too hard on the first number you see, and then judge everything after it against that number instead…
Trading Psychology

Citbank Forex Challenge 2010

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…
Trading Psychology

How to Think Like a Trader by Changing your Frame

Trading Psychology: The Behavioral Biases That Cost Traders Money (and How to Beat Them) Last updated: 3 July 2026 · By Spencer Li, CFTeTrading psychology is the study of how your own mind, not the market, decides whether you make or lose…

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3. News & Events

Invitation to Speak at SGX Investment Carnival

Later this evening (Saturday), I will be making a guest appearance at the SGX Investment Carnival, and sharing some practical tips on how to achieve early financial freedom, especially for those starting with little capital. When I popped by today, I was pleasantly surprised to see the video tutorials that I did with SGX being […]

Guest Speaker at Lim & Tan Securities – Event Sold Out in 2 hours!

  When I posted this event up yesterday, I did not expect all 50 seats to be snapped up within 2 hours, so I had to close the registration early. I apologise to all those who did not manage to get a slot for this workshop, so we have created another event after the Chinese […]

Thank You For Another Full House Workshop at CIMB Securities!

Today, I was supposed to meet up with Wendy Kwek for lunch, but ended up having a chit-chat with her about the property market in her office. I gained a lot of useful insights on the property market, and interestingly, she mentioned that property prices are unlikely to correct more than 5-10%, and will probably […]

Invitation to Market Outlook & Technical Analysis 2015 – Chance to Meet John Bollinger!

A big thanks to DZH NextVIEW for inviting me to this event, “Market Outlook & Technical Analysis 2015 with John Bollinger”. I won’t be speaking this time, but I’m curious to meet up with John Bollinger, having read his book “Bollinger on Bollinger Bands” many years ago. It is somewhere in this reading list: https://synapsetrading.com/my-reading-list-top-trading-investing-books-i-have-read-over-the-years/ Special Promotion […]

Guest Speaker at CIMB Securities: The 7 Best-Kept Secrets of Professional Traders

I have been invited by CIMB Securities to give a free 2-hour content-packed workshop to share my trading secrets of how I achieved financial freedom at 27 by spending only 15 minutes a day trading, and how anyone can do it once they pick up the right skills. Seats are very limited, so please turn […]

I Am Now Officially a Certified Financial Technician (CFTe) by the International Federation of Technical Analysts (IFTA)!

After passing level 1 of the Certified Financial Technican (CFTe) exams a few months back with a whooping score of 86 (passing score is 74), I went on to take level 2 of the exam, and was recently notified that I have passed! Yay! 😀 What is this Certified Financial Technican (CFTe) exam all about? Basically, it […]

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