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According to the gurus featured in the book, consistent profitability is built on a foundation of discipline rather than "insider tips": Robust Trading Plan
These represent "fair value" where buyers and sellers agree. Gurus avoid placing trades here because the price tends to chop sideways.
For consistent income, many elite Singaporean traders turn to futures, particularly in indices and commodities. According to the gurus featured in the book,
The markets are an arena of psychological warfare. The ultimate secret of Singapore’s trading gurus lies in their emotional mastery and rigorous execution routines. The Probability Mindset
The forex market is another popular market for Singaporean traders. Here are some of the strategies they use to make money in forex: The markets are an arena of psychological warfare
Operating from GMT+8 allows local gurus to analyze the Asian market close, transition into the highly liquid European open, and set up positions just as the volatile US market opens in the evening. They structure their days to maximize peak market hours while maintaining strict work-life boundaries.
The most fundamental secret shared by every elite trader in Singapore is that . Here are some of the strategies they use
Which (Stocks, Forex, Futures, or Options) aligns most with your goals? What is your current experience level in the markets?
They wait for their high-probability setups to appear. If the setup isn't there, they do not trade. 5. Continuous Learning and Adaptation
Elite traders treat their trading journal as a holy text. They document: The exact technical setup for entry. Their emotional state before, during, and after the trade. The slippage and execution metrics.
Amateur traders experience an emotional rollercoaster, feeling ecstatic after a win and depressed after a loss. Gurus treat wins and losses with equal indifference. They view losses simply as a standard cost of doing business—much like rent or utilities for a traditional storefront. Rigid Execution via Systems