Today, we were invited to give an exclusive seminar to the members of STATS (Singapore Technical Analysts & Traders Society), where we shared our prototype of the Trader Blueprint. With a focus on price action and psychology, we shared how…
Confirmation bias refers to a type of selective perception that emphasizes ideas that confirm our beliefs, while devaluing whatever contradicts our beliefs. This can be thought of as a form of selection bias in collecting evidence to support…
https://synapsetrading.com/wp-content/uploads/2019/10/logo.jpg00Spencer Lihttps://synapsetrading.com/wp-content/uploads/2019/10/logo.jpgSpencer Li2012-04-14 04:55:392022-07-24 21:06:12Confirmation Bias – I See Only What I Want to See!
People who exhibit endowment bias value an asset more when they own it, as compared to when they don't. This is inconsistent with standard economic theory, which asserts that a person's willingness to pay for a good should always equal the person's…
https://synapsetrading.com/wp-content/uploads/2019/10/logo.jpg00Spencer Lihttps://synapsetrading.com/wp-content/uploads/2019/10/logo.jpgSpencer Li2012-03-20 01:20:072022-07-24 21:08:04Endowment Bias – Do You Really “Own” a Trading Position?
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 […]
