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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Free Trading Seminar | Trading for a Living @ STI Auditorium

A big thanks to those who came down last Saturday, and for making this such an awesome event! Also a big thanks to CMC Markets for sponsoring the event, and to all the guest speakers and helpers who helped complete this great experience. It is another milestone for Synapse Trading, having grown from a simple […]

Mega-Event with CMC Markets: Economic Outlook & Trading for a Living

Last Saturday, I completed the final run of “The Art of Market Timing” seminar, and it was a great session. A big thanks to those who were willing to take time off from their Saturday morning, and I’m sure you did not regret it. To those who signed up for the June training program, I […]

Free Trading Workshop | The Art of Market Timing

In the stock market (and all other markets), the difference between a winning trade and a losing trade is the timing. You could be correct on the direction of a stock, but if you neglect the timing, you will either be entering too early (and subsequently be stopped out at a loss before you see […]

Straits Times Index – How I Predicted the Breakout

On Monday night (around 4am on Tuesday), while I was doing some income trades on the forex markets, I took quick look at the STI Index and saw that the BBs were starting to load up on longs, based on the analysis of their behavior. This allowed me to predict the breakout with confidence, and […]

Trading Class | Mentoring Program – The Fast Growing Traders Network

Last month, in March, we completed the long-awaited run of our mentoring program, adding another up-and-coming batch of successful traders into our Traders Network. A hearty congratulations to this new batch of traders, now that you have learnt the skills and secrets of professional traders and behavioral analysis, you are ready to tackle the markets, […]

Free Trading Workshop | NTU Sharing Session – Trading as a Career

On Wednesday, we had a sharing session at NTU (Nanyang Technological University) in collaboration with the NBS Investment Banking Club, to share with undergraduates the career path of a trader. This was a great session, as I could tell many were genuinely interested, and I am happy to share my experiences with them, and lead them towards the correct […]

4. Life Hacking