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245: Jason Shapiro - The Mind of a Tape Reading Contrarian Trader

245: Jason Shapiro - The Mind of a Tape Reading Contrarian Trader

FromChat With Traders


245: Jason Shapiro - The Mind of a Tape Reading Contrarian Trader

FromChat With Traders

ratings:
Length:
57 minutes
Released:
Oct 11, 2022
Format:
Podcast episode

Description

Jason Shapiro has been a trader for 30 years and was interviewed in the Unknown Market Wizards book by Jack Schwager.  From early on Jason was a rebel who avoided group think and sought out contrarian trading opportunities in overhyped, or deeply oversold stocks and commodities. 
Blessed by early trading successes, Jason retired to a beach in Thailand in the late 90’s and traded his account full time only to experience tragedy less than a year later.  The painful lessons he learned drove him to give up his opinions about markets and instead listen to what the market is saying by becoming a great market tape reader.
You’ll hear how Jason finds great trading opportunities through a combination of weekly trader reports, media commentary and news events to put on his contrarian trades.
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Released:
Oct 11, 2022
Format:
Podcast episode

Titles in the series (100)

Chat With Traders is your key to the minds of trading's elite performers. Start listening to learn how a diverse mix of traders went from zero to hero, how they successfully trade markets today, and get their best tips 'n pointers for profitable performance, plus much more. Note: You are responsible for your own trading decisions—this is not financial advice.