Confirmation Bias – I See Only What I Want to See!

What Is Confirmation Bias in Trading (and How to Beat It)? Last updated: 2026-06-14 · By Spencer Li, CFTeConfirmation bias is the tendency to notice and trust information that supports what you already believe, while ignoring or explaining…

Endowment Bias – Do You Really “Own” a Trading Position?

Endowment Bias in Trading: Why You Hold Losing Positions Too Long Last updated: 3 July 2026 · By Spencer Li, CFTeEndowment bias (a behavioral-finance term for valuing something more simply because you own it) is what makes traders hold losing…

Long-term refinancing operations (LTROs) – Long-term time bombs?

Long-term refinancing operations (LTROs) involve the central bank lending money at a very low interest rates to eurozone banks, which has led to the term “free money.” The injection of this cheap money means that banks can use it to buy…

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Wishing Everyone a Merry Christmas, and Thanks for All the Gifts! 🙂

As we grow, our guiding vision is a global network of traders and investors building wealth together, and transforming lives.  As we build our wealth together, let us not forget that “with great power comes great responsibility”. Using our wealth, time & resources, we can reach out to the less privileged, and make a difference […]

The Synapse Program Q4 2013 – New Year, New Start, New Success Stories!

Another successful batch of new traders have graduated from our Synapse Program, and joined the Synapse Network. This batch was a great batch, with lots of insightful questions, and it was a fun and life-changing experience. Many people have asked me why I only do it only once every 3 months, and my reply is […]

2013 Grand Finale: Comprehensive Market Outlook Seminar

To end off the year with a bang, we had a special grand finale market outlook seminar, where I did a full coverage of stocks, indices, forex & gold. I have included the ranking lists for all the different products, and will be posting the top picks in the “Synapse Network” private forum later on. […]

Flying off for my $6.45 Million Holiday, Last Minute Updates 🙂

Tomorrow, we will be taking a trip overseas, and I have already prepared a budget of $6.45 Million. Holding this thick stack of notes, for a moment I feel like I’m a multi-millionaire. I am patiently waiting for the day that this stack is in SGD :] On a sidenote, if you want to sign […]

Guest Speaker at Sparks Summit – Singapore’s First Life Hacking Conference

A few months back, I was invited as a guest speaker at this exclusive conference, the very first life-hacking conference in Singapore. Top specialists from each field were carefully selected to give a short, insightful, and practical lecture, aimed at providing participants the real practical expertise of these speakers in bite-size nuggets of wisdom.

Trading Workshop | Guest Speaker on Behavioral Finance at SIM (Singapore Institute of Management)

Yesterday, I was invited by the Singapore Institute of Management (SIM) to give a workshop on behavioral finance and trading, and the title of my talk was “The True Nature of People and Markets”. Although it was a closed door event, I was pleasantly surprised by the large turnout of 50-60 students who were eager […]

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