Media OutReach
Psychological traps in trading: Octa Broker’s perspective on avoiding costly mistakes
Psychological traps in CFD trading
Psychological traps consist of cognitive bias and emotional responses that negatively affect trading decisions. Cognitive bias compels traders from their strategy, potentially undermining their results. Notably, such traps are not exclusive to novices. Experienced traders are not immune to them either, especially when the market is volatile.
Emotions are powerful forces in trading. They can override rational analysis, prompting impulsive behaviour and unwise actions. Empirical findings in trading psychology indicate that investors frequently succumb to fear and greed, two emotions that can cloud their decision-making, potentially resulting in suboptimal profits or, more severely, significant losses.
Understanding 6 common psychological traps in CFD trading
- Fear of missing out (FOMO) drives traders to enter positions based on the anxiety of missing potential profits, often influenced by market hype or social media trends. This behaviour can lead to buying at peak prices without proper analysis. FOMO-driven traders may trade excessively, believing that more trades will increase their chances of hitting a winning opportunity.
- Revenge trading. After incurring losses, some traders attempt to recover quickly by making impulsive trades without adequate analysis. This often exacerbates losses and deviates from disciplined trading plans.
- Overtrading. A situation when traders try to always be active in the market and take positions without clear signals or strategies. This impatience can result in increased transaction costs and exposure to unnecessary risks.
- Gambler’s fallacy involves believing that a series of losses or gains will be naturally followed by the opposite outcome. Driven by the anticipation of an imminent reversal, traders may prematurely try to ‘pick a top’ during a bullish trend or ‘find a bottom’ in a bearish trend, often without sufficient evidence.
- Hope vs. strategy means holding onto losing positions, believing that the market will turn in their favour, despite evidence to the contrary. This can lead to significant losses as traders ignore stop-loss rules and objective analysis.
- Herd mentality implies mimicking the crowd by following others’ trades without analysis. Herd behaviour may form bubbles or exacerbate market downturns, leading traders to buy or sell too early.
Spotting the signs—when you’re not thinking straight
Be mindful of the sudden impulses to deviate from your trading plan, especially after winning or losing a lot. A shifted risk tolerance, such as opening positions that are unusually large, can be a sign of emotional trading. Other behavioural red flags include:
- ignoring predetermined stop-loss levels
- doubling down on losing positions
- frequently changing strategies without thorough evaluation.
Recognising these signs is the first step in regaining control and preventing emotion-driven decisions. Here are other tips to stay in control when trading:
- Plan before trading. Develop a comprehensive trading plan that outlines entry and exit points, risk tolerance, position sizes, and adhere to it
- Journal your trades to record your progress and monitor your emotional state. This helps identify patterns in behaviour and improve self-control.
- Use stop-loss and take-profit orders to automate discipline, ensuring that decisions are executed as planned, even in volatile markets. Given the high-risk nature of CFDs, such controls are vital
- Learn from mistakes. Regularly review your trading history to understand what worked and what didn’t. Reflecting on past errors fosters growth and helps in refining strategies
- Step away when needed. Taking breaks from trading, especially after a series of losses or even wins, can provide perspective and prevent burnout. As Kar Yong Ang, a financial analyst at Octa Broker, advises: ‘Your worst trades often come when you feel most confident—or most afraid. Mastering trading psychology is what separates short-term reaction from long-term resilience.’
While technical ability and market knowledge form the foundation of trading, psychological discipline determines long-term success. Even a valid strategy can be undermined by emotional biases. By recognising common psychological traps and implementing measures to negate them, traders can improve their decisions and perform more consistently. Constant self-monitoring, deliberate discipline, and emotional mastery are key factors in navigating the complex psychological landscape of trading.
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Disclaimer: This content is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to engage in any investment activity. It does not take into account your investment objectives, financial situation, or individual needs. Any action you take based on this content is at your sole discretion and risk. Octa and its affiliates accept no liability for any losses or consequences resulting from reliance on this material.
Trading involves risks and may not be suitable for all investors. Use your expertise wisely and evaluate all associated risks before making an investment decision. Past performance is not a reliable indicator of future results.
Availability of products and services may vary by jurisdiction. Please ensure compliance with your local laws before accessing them.
Hashtag: #Octa
The issuer is solely responsible for the content of this announcement.
Octa
Octa is an international CFD broker that has been providing online trading services worldwide since 2011. It offers commission-free access to financial markets and various services used by clients from 180 countries who have opened more than 52 million trading accounts. To help its clients reach their investment goals, Octa offers free educational webinars, articles, and analytical tools.
The company is involved in a comprehensive network of charitable and humanitarian initiatives, including the improvement of educational infrastructure and short-notice relief projects supporting local communities.
In Southeast Asia, Octa received the ‘Best Trading Platform Malaysia 2024’ and the ‘Most Reliable Broker Asia 2023’ awards from Brands and Business Magazine and International Global Forex Awards, respectively.
Transforming Smiles Through Expert Guidance
Orthodontic Consultation Days are tailored for anyone considering braces or aligners but uncertain about their options. Attendees will benefit from the expertise of TruCare Dental’s highly qualified team—all graduates of the University of Hong Kong’s Bachelor of Dental Surgery program—who will provide personalized, one-on-one orthodontic assessments and clear recommendations.
What Participants Can Expect
Guests who register for the event will receive:
- Comprehensive oral evaluation: A detailed examination by a registered dentist to assess individual needs
- Bite and alignment analysis: Professional insights into current dental alignment and potential improvements
- Preliminary diagnosis and treatment planning: Customized guidance on possible orthodontic solutions
- Overview of braces and aligner options: Information on both traditional metal braces and modern invisible aligners
- Transparent discussion of pros, cons, and timelines: Clear explanations regarding each treatment’s suitability, advantages, and expected duration
- Cost breakdown and installment options: Detailed cost estimates and available payment plans for affordable care
TruCare Dental is dedicated to delivering exceptional dental care with a strong emphasis on patient education and individualized treatment. The clinic’s mission is to help every patient achieve optimal oral health and a confident smile through compassionate, professional service.
Registration Details
Due to the personalized nature of the consultations, advance registration is required and spaces are limited. Interested individuals are encouraged to secure an appointment as soon as possible by calling 2152 0280 or by visiting the online registration page.
Event Venue:
Room 2201, 22/F, Tower A, Mira Place, Tsim Sha Tsui
Hashtag: #TruCareDental
The issuer is solely responsible for the content of this announcement.
Grand Prize Trip to Korea, New Speed Building Finale, and Unforgettable Prizes Await Young Builders!
JOHOR BAHRU, MALAYSIA – Media OutReach Newswire – 16 May 2025 – Ready, set, build! The most anticipated LEGO® school event in Asia is back—and it’s bigger, bolder, and more inspiring than ever. The LEGOLAND® Malaysia School Challenge 2025, organized in partnership with the Ministry of Education, kicks off its fourth edition with a mission to unlock the boundless creativity of students across the region.
Since its inception in 2022, the Challenge has become a regional phenomenon. Following record-breaking participation in 2024, this year promises an even more thrilling experience, packed with new features and prizes that spark imagination and ignite a passion for learning.
New Theme, New Thrills: “Build Your Dream Destination”
Now open to three age categories (7–9, 10–12, and 13–17), the 2025 edition challenges students to design their ideal travel destination using LEGO bricks. Whether it’s a futuristic underwater world, an island of imagination, or a dreamland among the stars, participants are encouraged to combine creativity, storytelling, and technical building skills to bring magical destinations to life.
What’s New in 2025?
Two major updates make this year’s Challenge truly unmissable:
- Grand Prizes Go Global: Winners from the Primary and Secondary Categories will experience a trip to LEGOLAND Korea, while Junior Category champions will enjoy a getaway at LEGOLAND Malaysia.
- Speed Building Showdown: For the first time, the finale will feature a high-energy Speed Building Challenge. The Top 5 finalist teams in each category will compete live in front of a judging panel and audience, racing against the clock to create an original LEGO build in just 45 minutes.
Each finalist team will also enjoy a 3D2N stay at LEGOLAND Hotel, receive exclusive LEGO trophies, exciting LEGO sets, and Annual Passes to LEGOLAND Malaysia Resort.
Inspiring Young Innovators: A Story of Growth
Among the Challenge’s most inspiring alumni is Nathanael Yap, a three-time Grand Prize winner. At the launch event, he shared:
“Being part of the LEGOLAND School Challenge for three years in a row was honestly one of the best parts of my school life. Every year, I got to team up with friends, solve problems in creative ways, and build something we were proud of — brick by brick. It taught me how fun learning can be when you get to think outside the box.
Even though I’ve graduated and can’t take part anymore, the experience has stayed with me. As I look ahead to university and start thinking more seriously about my future, I realise how much the Challenge helped shape my interests — especially in areas like design, engineering, and creative thinking. I’m excited to see what this year’s participants will build, and I hope they take the chance to push themselves and discover what they’re capable of.”
His story reflects what the Challenge is all about – empowering young minds to explore, imagine, and create.
Shaping Future Creators, One Brick at a Time
Cs Lim, Vice President of LEGOLAND Malaysia Resort, remarked, “The LEGOLAND School Challenge has always been more than just a competition. As an event centered around our LEGO DNA of learning through play, it helps cultivate essential skills such as problem solving, critical thinking, and innovation in our future leaders. Since we expanded last year to include participation from schools across Asia, this has also become an avenue for cultural exchange for students and teachers alike. We look forward to welcoming more participants this year across the region and seeing their creativity unleashed.”
The 2025 Challenge is proudly supported by the Ministry of Education, Tourism Malaysia, Trip.com Group, and the LEGO Group—all sharing a common goal: to ignite the passions of the next generation of builders, dreamers, and doers.
Register for the LEGOLAND School Challenge 2025
The competition is open to students aged 7 to 17 across three separate categories:
- Junior: Ages 7 to 9
- Primary: Ages 10 to 12
- Secondary: Ages 13 to 17
Each team must consist of 3-4 students and 1 teacher. Registration is open from now until 15 June 2025 via https://www.legoland.com.my/tickets-passes/day-tickets/schools/school-challenge/. Follow us for updates, tips and behind-the-scenes on Facebook and Instagram.
Let your imagination run wild. Build your dream destination—and win the trip of a lifetime!
Hashtag: #LEGOLAND® #LEGO®
https://www.legoland.com.my/
https://www.facebook.com/legolandmalaysia/
https://www.instagram.com/legolandmalaysia/
https://www.tiktok.com/@legolandmalaysiaofficial?lang=en
The issuer is solely responsible for the content of this announcement.
LEGOLAND® Malaysia Resort
LEGOLAND® Malaysia Resort brings together a LEGOLAND Theme Park, Water Park, Hotel and SEA LIFE in one LEGO® themed location. It is the ideal family holiday destination with more than 80 hands-on rides, slides, shows, and attractions. It is the first of its kind in Asia that offers comprehensive adventure, education, and fun for either an action-packed day trip or a short break destination ideal for families with kids aged 2 to 12 years old.
The Theme Park is divided into eight themed areas containing thrilling rides, exciting LEGO workshops, awe-inspiring Miniland where Asia’s interesting landscapes, countries and landmarks are recreated in miniature made with more than 30 million LEGO bricks. The Water Park is the largest LEGOLAND Water Park in Asia which features 20 unique slides, waves, wade pools, interactive water-play structure and Build-A-Raft River.
LEGOLAND Hotel Malaysia is the first LEGO themed hotel in Asia. Choose your preferred theme room at a hotel all equipped with LEGO theming elements, giving you choices to be trained like a NINJA, playing pirate, commanding a Kingdom or embarking on an adventure option. All rooms include a king-sized bed for parents and a separate private sleeping area for 3 kids. Participate in our in-room treasure hunt activity and stand a chance to win cool LEGO gifts.
SEA LIFE is the world’s largest international aquarium brand with more than 50 outlets in the world and it is the latest addition to LEGOLAND Malaysia Resort. This attraction will immerse all guests in an intimate and interactive journey underneath the waves. All guests will have a chance to enjoy up-close experiences with sea creatures and be inspired to learn more about our blue planet’s invaluable natural marine assets through magical storytelling, interactive displays and hands-on encounters. SEA LIFE Malaysia has more than 25 display tanks in 11 habitat zones featuring 13,000 amazing sea creatures. The Malaysian Rainforest is one of the unique exhibit zones featuring local creatures in Malaysia. Don’t miss this special zone where you can never find it in other SEA LIFE attractions.
Media OutReach
Transform Your Home with the Next-Generation Cleaning Companion: Tineco’s Young Series – Powerful, Efficient, and Affordable
- Tineco launches the Young Series with three new floor washers: the Y2, Y3, and Y5 Stretch Ultra
- Experience the ultimate cleaning experience with these innovative floor washers, where cutting-edge technology meets energy efficiency and sleek design for unmatched performance
SINGAPORE – Media OutReach Newswire – 16 May 2025 – Tineco, a global leader in smart cleaning technology, today announced the official launch of its Young Series Floor Washers in Singapore. Designed with new homeowners and first-time users in mind, the series features three value-driven models—Y2, Y3, and Y5 Stretch Ultra—offering high-performance cleaning at an accessible price point of just $299 onwards.
YOUNG SERIES: PERFECT FOR THE SINGAPORE HOUSEHOLDS WITH ITS COMPACT BUILD AND EFFICIENT TECHNOLOGIES
The Young Series delivers professional grade cleaning, making it ideal for everyday messes. Designed to handle wet and dry debris, pet hair, and edge dust with ease, these versatile floor washers work seamlessly across hard floors and carpets. All models feature a convenient one-touch self-cleaning. Experience premium cleaning at an accessible price—Tineco’s Young Series delivers top-tier value.
Meanwhile, the Y3 and Y5 Ultra models gives you an elevated cleaning experience that includes:
- 5-Minute Hot Air Drying and 85°C Hot Water Self-Cleaning: Keeping your vacuum clean with this cutting-edge system that eliminates odors and bacterial growth.
- 180° Lay Flat Design (Y5 Stretch Ultra): With its 13cm ultra slim profile, it can reach places that are harder than usual to access, guaranteeing a 360° deep clean.
In conjunction with the launch, from May 19th to June 8th, all Courts stores and Courts.com.sg will offer a range of exclusive promotions. It is the perfect opportunity for new and young families to upgrade their cleaning routine and enjoy a superior, fuss-free cleaning experience.
AVAILABILITY & LAUNCH PROMOTIONS
| Device | Availability | Launch Promotions
T&Cs apply, while stocks last |
| Y2 (Entry-Level)
$299 (u.p $499) |
Available now at Courts, Shopee, and Lazada | Exclusively at Courts, from May 19th to June 8th
Free Tineco Woven bag (worth $49 or wagon (worth $299). |
| Y3 (Hot Drying)
$399 (u.p $799) |
Available now on Courts ,Shopee, and Lazada | |
| Y5 Stretch Ultra
$549 (u.p $999) |
Available now on Courts, Shopee, Lazada |
Hashtag: #Tineco
The issuer is solely responsible for the content of this announcement.
Tineco
Founded in 1998, Tineco is a high-tech company and a wholly-owned subsidiary of ECOVACS Group (SHA: 603486). Dedicated to innovation, Tineco has consistently delivered smart home cleaning solutions that redefine convenience and efficiency. Tineco has secured “World No.1” sales in the wet & dry category in 2024. With the launch of the Young series, Tineco continues to lead the way in creating products that make everyday life easier and more enjoyable.
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