Many new to trading have the tendency to liquidate positions that show a small profit, yet they keep those positions that show a loss as are unwilling to take a loss, in hope that prices will rebound.
Such a counter-intuitive strategy will…
https://synapsetrading.com/wp-content/uploads/2021/07/How-to-Manage-Losing-Trades-with-the-Correct-Trading-Psychology.png7201280Spencer Lihttps://synapsetrading.com/wp-content/uploads/2019/10/logo.jpgSpencer Li2021-07-25 12:24:502022-12-21 02:26:09How to Manage Losing Trades with the Correct Trading Psychology
Timing is an essential element in trading and investing.
For any product or market, if you buy and sell at the right time, you can make a lot of money, but if you get the timing wrong, you can also lose a lot of money.
And to get this…
https://synapsetrading.com/wp-content/uploads/2021/07/How-to-Develop-Patience-Discipline-in-Trading.png7201280Spencer Lihttps://synapsetrading.com/wp-content/uploads/2019/10/logo.jpgSpencer Li2021-07-25 12:20:042022-12-19 02:20:23How to Develop Patience & Discipline in Trading
Knowing all the different cognitive biases and dangers of emotional decision-making can make us more aware of whether we are thinking logically and making the right decisions.
But it can hard to be on 100% alert all the time, especially on…
https://synapsetrading.com/wp-content/uploads/2019/10/logo.jpg00Spencer Lihttps://synapsetrading.com/wp-content/uploads/2019/10/logo.jpgSpencer Li2021-07-25 12:14:362021-10-04 19:15:45Best Habits to Improve Trading Psychology
Prior to the launch of the program, I ran it through some friends and volunteers to get their feedback, and this provided me idea on how to tweak and improve the program to cater to both complete newbies and experienced traders. For now, I have yet to release this program to the public. Feedback “This […]
Discipline ‘key to success in trading’ Last week, I was interviewed by Teh Shi Ning, one of the reporters from the Business Times, to share my trading journey and his success story. “Having spent over 7 […]
https://synapsetrading.com/wp-content/uploads/2011/10/2015-10-18-17.54.09.jpg24483264Spencer Lihttps://synapsetrading.com/wp-content/uploads/2019/10/logo.jpgSpencer Li2011-10-17 21:00:582022-03-09 18:36:07My Exclusive Interview with the Business Times
Spencer LiAfter trading for 18 years, reading 1500+ books, and mentoring 1000+ traders, I specialise in helping people improve their trading results, by using tested trading strategies, and making better decisions via decision science.
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 8 teams from my round that made it to […]
Today, I was invited as a guest speaker to give a talk at 2009 AGM of STATS (Singapore Technical Analysts & Traders Society) on the “Strategic Outlook for 2010”. Before the talk, there was a poll, and it seemed that the general consensus is for a correction in the medium term. Here also some of […]
This event was held in SMU, and saw professionals and student flying in from all over the world to attend talks and networking sessions with a variety of renowed industry speakers. After 3 days of talks and workshops, the event culminated in a memorable networking dinner and social drinking session in a professional setting. It […]
