363: The Counter-Trend Market Wizard - Jason Shapiro

The Counter-Trend Market Wizard

In episode 363 of the Desire To Trade Podcast, Etienne sits down with Market Wizards Jason Shapiro who makes a living trading for the past few decades. He was featured in the recent Unknown Market Wizards book by Jack Schwager. You’ll love this story of Jason’s counter-trend trading style!

Are you ready for it?

Watch the video interview!

In This Episode, You'll Learn...

• 0:00 Its not always a bull market
• 0:15 Introduction
• 0:47 How is Jason Shapiro and what he does
• 2:01 What was Jason's start in trading
• 3:27 Why making money when you start trading can be bad
• 4:43 How Jason became profitable in trading
• 6:06 How was his transition from HSK to US stocks
• 7:52 The biggest mistake of new traders
• 9:23 Jason's motivation to succeed
• 12:07 Why you need to do your own thing
• 13:02 Why Jason almost retires from trading
• 14:42 How to get back into the markets
• 15:32 Jason's semi-systematic strategy
• 17:25 What is Jason's trading style
• 19:11 What timeframes does he trade?
• 20:20 How much time do you need to trade
• 26:08 Why Jason looks at the markets all the time
• 28:08 "There is always something" that can add risk to your trading
• 29:03 How was it like being in a "Market Wizards" book
• 32:30 What do YOU need to focus on to make it in trading
• 35:03 Why strategies are overrated
• 36:41 Are common trading tools useless?
• 38:20 How Jason takes profits
• 39:28 Where to find Jason Shapiro
• And much more!

What is one thing you are going to implement after listening to this podcast? Leave a comment below, or join me in the Facebook group!

Desire To Trade's Top Resources

• DesireToTRADE Forex Trader Community (free group!)
• Complete Price Action Strategy Checklist
• One-Page Trading Plan (free template)
• Recommended brokers:
  • EightCap (preferred Crypto and FX Broker)
  • AxiTrader (use our link to get a special bonus)
• Desire To TRADE Academy

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Where to find Jason Shapiro!

• Website
• Youtube

What is one thing you are going to implement after listening to this podcast episode? Leave a comment below, or join me in the Facebook group!