How to Bet Against the Herd Like a Market Wizard: Jason Shapiro

In this episode of The Trader’s Journey, Anthony sits down with Jason Shapiro, a featured trader in Jack Schwager’s Market Wizards book, to explore the art of contrarian trading. Jason shares how he built long-term success by safely betting against the overcrowded herd, analyzing positioning instead of price, and avoiding the common traps that cause most traders to fail. Jason provides key lessons and countless trading wisdom from decades of experience, how he views the Commitment of Traders (COT) report, the critical role of risk management and discipline.

Om Podcasten

Want to learn how the best traders in the world made careers out of trading? Tune in to the Trader's Journey (formerly the Investors Underground Podcast) for interviews with some of the best traders in the world. Learn how they got involved in the markets, what the early stages of their careers were like, and how they finally developed strategies that worked. Our in-depth interviews take you inside the minds of different traders, allowing you to learn about their strategies, approaches to stock selection, risk management, and more. Topics include technical analysis, risk management, performance optimization, short selling, day trading, swing trading, and more. We interview specialists in different areas to help you gain the insights you need to take your trading to the next level - from multimillionaire career traders to part-time traders who have found reliable ways to supplement their income. Subscribe for new interviews every other week!