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

Published: Oct. 11, 2022, 9 a.m.

Jason Shapiro has been a trader for 30 years and was interviewed in the Unknown Market Wizards book by Jack Schwager.\xa0\xa0From early on Jason was a rebel who avoided group think and sought out contrarian trading opportunities in overhyped, or deeply oversold stocks and commodities.\xa0\nBlessed by early trading successes, Jason retired to a beach in Thailand in the late 90\u2019s and traded his account full time only to experience tragedy less than a year later.\xa0\xa0The 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.\nYou\u2019ll 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.\nLearn more about your ad choices. Visit megaphone.fm/adchoices