To help traders and investors overcome the problem of emotions in decision-making, the first step is to be aware of the situations in which we might exercise flawed thinking, in the form of cognitive biases.
Cognitive biases are systematic…
In classical finance, traders and investors should always make rational decisions to maximise their self-interests, but in practice, quite often they end up making decisions that are not always rational, due to the influence of emotions and…
https://synapsetrading.com/wp-content/uploads/2019/10/logo.jpg00Spencer Lihttps://synapsetrading.com/wp-content/uploads/2019/10/logo.jpgSpencer Li2021-07-25 12:05:442021-10-09 15:44:46What is Behavioral Finance?
In the game of trading and investing, the goal is not to make once-off huge bets and have large swings in your portfolio based on your luck.
The ultimate goal is to achieve consistent returns over the long-run.
And to achieve this consistency,…
https://synapsetrading.com/wp-content/uploads/2021/07/Achieving-Long-Term-Consistency-in-Trading.png7201280Spencer Lihttps://synapsetrading.com/wp-content/uploads/2019/10/logo.jpgSpencer Li2021-07-25 06:39:232021-10-09 15:45:03Achieving Long-Term Consistency in Trading
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 […]
