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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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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