The successful entrepreneur joined a local proprietary trading firm in 2011, but quickly resigned because he wanted more than a normal corporate job, he wanted to challenge himself and his abilities to the fullest. “I founded Pixeltrade together with my brother Evan who is equally passionate about trading. We both spent sleepless nights doing back testing and made numerous sacrifices. But the end result was rewarding and can be seen in the success we have accumulated,” explains Siang.
From Dreamer to Achiever
According to Wei Siang, a proficient trader develops over time by implementing and consolidating skills that he picks up with the experiences, which no short-term program or reading books alone can give. “This is the backdrop of why I founded Pixeltrade Academy. Our trading floor training program has been painstakingly developed for almost over a decade by successful traders, experienced academics, and high performance coaches with one clear objective in mind—to train individuals to trade currency consistently and profitably, such that they can pursue a career as an in-house trader,” adds Siang. Through a combination of formal teaching, high performance coaching, simulated trading, active mentorship and plenty of homework, trainees are able to learn how to trade the global markets in real-time.
I attended countless courses and read many books—in the end I realized the key to trading well was in staying true to yourself
Building Future Traders
Siang has driven the company to great heights only through hard work and dedication, with the steadfast ability to withstand fear of uncertainty in trading. “Entrepreneurs and traders take risk daily. With risk, there is always fear—of failure, humiliation, losing money and bankruptcy. This is where the ultimate stress test takes place, in the brain. The choice to choose ‘fear and quit’ or ‘push through it’,” says Siang. “The budding traders and entrepreneurs need to have a strong belief in themselves.” Siang emphasizes that an entrepreneur needs to be sure his product is something the world needs and that he can deliver it successfully and overcome the naysayers, who will always deride what the majority has yet to validate.
“A victorious entrepreneur is one who is prudent with every available resource at his/her disposal. Regardless of how seemingly insignificant, any decision that impacts the business should be evaluated carefully with respect to benefits and tradeoffs,” adds Siang. “With each passing day, my constantly growing trading psychology helps me in managing my business and act rationally in importance times. As Alfred Herrhausen said, ‘50 percent of business is psychology, business is a party of people not computers’.”