Self-Attribution Bias – Don’t Confuse Brains With a Bull Market!

Self-Attribution Bias in Trading: Why You Think You're Better Than You Are Last updated: 3 July 2026 · By Spencer Li, CFTeSelf-attribution bias is the tendency to credit your wins to your own skill while blaming your losses on bad luck, the…

Representativeness Bias – The Dangers of a Small Sample Size

In order to derive meaning from life experiences, people have developed an innate propensity for classifying objects and thoughts. When they confront a new phenomenon that is inconsistent with any of their preconstructed classifications, they…

Cognitive Dissonance Bias – This Can’t Be True!

Cognitive Dissonance in Trading: Why You Refuse to Cut a Losing Trade Last updated: 3 July 2026 · By Spencer Li, CFTeCognitive dissonance is the mental discomfort you feel when new information contradicts a position you already hold, and…

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3. News & Events

The Synapse Program (Private Run)

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 […]

My Exclusive Interview with the Business Times

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 […]

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 8 teams from my round that made it to […]

Guest Speaker for STATS Market Outlook & AGM 2010

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 […]

Asia Investment Banking Conference 2009

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 […]

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