Overview:
Joey Choy is a Singapore-based trader, investor, entrepreneur and financial educator whose journey has been shaped by both financial success and significant setbacks. After experiencing major trading losses and a S$740,000 financial setback resulting from a client’s default, Joey developed a deeper appreciation for capital preservation, discipline and risk management. Today, he believes that successful trading is not about predicting markets, but managing uncertainty, controlling losses and making informed decisions.
Industry:
Financial Services | Stock Trading | Investment Education | Risk Management | Entrepreneurship
Professional Experience:
Joey has built his professional experience across trading, investing, business and financial education. Throughout his career, he has experienced the challenges of volatile markets, trading losses and financial setbacks, which have influenced his approach to investment decisions. He advocates using technical analysis to understand market trends, momentum, support and resistance, while emphasising that no indicator can predict market movements with certainty. His experience has also enabled him to educate others about trading strategies, risk management and the importance of following a consistent, repeatable process.
Turning Point:
A defining turning point came when Joey suffered substantial trading losses and subsequently faced a S$740,000 financial setback following a client’s default. The experience changed his perspective from focusing primarily on potential profits to understanding the importance of protecting capital. With encouragement from his wife and strength drawn from his faith, he persevered and rebuilt his career. These experiences taught him to evaluate the downside of every financial decision and reinforced his belief that resilience, preparation and discipline are essential to long-term success.
What He Does Now:
Today, Joey remains actively involved in trading, investing, entrepreneurship and financial education. He shares practical insights on technical analysis, trading psychology and risk management, helping others avoid common mistakes such as chasing rising stocks, overtrading and attempting to recover losses through impulsive decisions. While recognising the potential of AI and sophisticated trading tools, he believes that technology cannot replace human judgement and discipline. Beyond business and financial achievements, Joey prioritises his family, faith and helping others make better financial decisions.
SGVisionaries Interview:
LinkedIn Profile:
https://www.linkedin.com/in/joeychoy
Website:
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