245: Jason Shapiro - The Mind of a Tape Reading Contrarian Trader
Chat With Traders
Are You a Contrarian Trader?
"I was getting stuck into a lot of psychological traps that, you know, we all get stuck in with trading," he says. "You're basish, you're shorting the markets going up. Okay, maybe you're stopping loss, but then you're shorted again and it's this whole idea of, well, now you can't miss it when it does go down because you've been shorting so much" He adds: "Those kind of thought processes are very debilitating to your P and L over time."
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