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…
https://synapsetrading.com/wp-content/uploads/2019/10/logo.jpg00Spencer Lihttps://synapsetrading.com/wp-content/uploads/2019/10/logo.jpgSpencer Li2011-03-14 03:21:512026-09-03 18:29:41Anchoring Bias – I Refuse to Change My Mind!
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: 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…
https://synapsetrading.com/wp-content/uploads/2010/09/trading-psychology.jpg8221233Spencer Lihttps://synapsetrading.com/wp-content/uploads/2019/10/logo.jpgSpencer Li2010-09-03 20:57:002026-07-06 02:43:33How to Think Like a Trader by Changing your Frame
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
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 […]
