286 · Jason Shapiro - Overcrowded Trades: What Everyone Else is Not Seeing

286 · Jason Shapiro - Overcrowded Trades: What Everyone Else is Not Seeing

There’s Contrarian Trading and then there’s Consistent Contrarian Trading. Can you really make money by consistently going against the crowd? Does it take a certain type of personality to be able to trade this way? Jason Shapiro was featured in “Unknown Market Wizards” by Jack Schwager and he returns to Chat With Traders for an update after two years since we last spoke with him. We delve deeper into his countertrend trading philosophy, learning about how he identifies overcrowded trades, and how market positioning and sentiment, rather than price, guide his trades, and focusing on the underlying mechanics that drive market moves. About Jason Shapiro: Jason has over 30 years of trading experience, navigating various markets including the 90s rallies, the 2000s tech bubble, the 2008 crash, and recent volatility in the last few years. His contrarian approach has made him a successful hedge fund manager, and he was featured in one of Jack Schwager’s recent Market Wizards books. He has managed money ranging from a few million to several hundred million dollars, gaining extensive knowledge of futures markets. Jason currently runs a one-man hedge fund using the CMR process. Learn more about your ad choices. Visit megaphone.fm/adchoices

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Jaksot(326)

063: Nicola Duke – Strong Determination, Preserving Mental Capital, and Professionally Trading Futures

063: Nicola Duke – Strong Determination, Preserving Mental Capital, and Professionally Trading Futures

Here we are, episode 63 and I have another brilliant (and very experienced) guest lined up for you this week. Her name is Nicola Duke, or @NicTrades on Twitter. She’s a professional swing trader from ...

10 Maalis 201644min

062: Tracy, @ChiGrl – Pairing Technicals & Fundamentals, and The Life of a Hardcore Crude Oil Trader

062: Tracy, @ChiGrl – Pairing Technicals & Fundamentals, and The Life of a Hardcore Crude Oil Trader

For this episode, I spoke with a trader who has spent many years in the financial hub of Chicago; Tracy – otherwise known as @ChiGrl on Twitter. Tracy is a technical intraday trader, but also tracks f...

3 Maalis 201641min

061: Ari Pine – A Scientific Trading Perspective, Process Over Outcome, and The Law of Large Numbers

061: Ari Pine – A Scientific Trading Perspective, Process Over Outcome, and The Law of Large Numbers

Ari Pine has many years of real market experience on his side, and during this time he’s traded a whole range of markets in various positions and roles… Some of those include; working at J.P. Morgan, ...

25 Helmi 20161h 12min

060: Peter Tuchman – 30 Years on the NYSE: A Lesson in History with Wall St’s Most Photographed Man

060: Peter Tuchman – 30 Years on the NYSE: A Lesson in History with Wall St’s Most Photographed Man

Here we are at episode 60, and my guest is Peter Tuchman, aka the ‘Most Photographed Man on Wall Street’. Peter is a broker on the floor of the New York Stock Exchange, and he’s worked there for the p...

18 Helmi 20161h 19min

059: Daniel Goldberg – Being Alert to Market Conditions, and Trading Within a Prop Firm

059: Daniel Goldberg – Being Alert to Market Conditions, and Trading Within a Prop Firm

This weeks guest is Daniel Goldberg, an active trader and partner at Futex – a proprietary trading firm located in London, UK. Dan has been involved with financial markets since 1995 (straight out of ...

11 Helmi 20161h 14min

058: Paul Singh – Planning and Preparation: Failing to Plan is Planning to Fail

058: Paul Singh – Planning and Preparation: Failing to Plan is Planning to Fail

This week I spoke with Paul Singh, a long-time trader who has been doing this since his college days. Over the years he’s traded stocks, options and futures, but now tends to focus purely on stocks. I...

4 Helmi 201654min

057: Jesse, @PsychoOnWallSt – $500k of “Beginner’s Luck” and How to Thrive as a Part-Time Trader

057: Jesse, @PsychoOnWallSt – $500k of “Beginner’s Luck” and How to Thrive as a Part-Time Trader

This week, I have a really interesting guest on the podcast; his name is Jesse, but in the Twittersphere he goes by @PsychoOnWallSt. (a play on the cult film American Psycho) A couple things you shoul...

28 Tammi 20161h 2min

056: Matt Zimberg – The Makeup of Successful Traders & Observations From a Veteran Broker

056: Matt Zimberg – The Makeup of Successful Traders & Observations From a Veteran Broker

This weeks guest is Matt Zimberg – the founder of Optimus Futures, a boutique brokerage firm. Matt has been deeply involved in the business of trading since his early 20’s, and while he’s no longer an...

21 Tammi 20161h 26min

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