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Episode 66 | Jason Shapiro - 'The Contrarian Trader'

A TRADER'S LIFE

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Is There a System That Keeps You Out of Trouble?

I do better than the system by overriding some of these trades. You know, like I say, I won't take trades that it doesn't say take. So I'm not just going to buy, you know, it keeps me out of trouble, right? Here I am. It's going down. I got to catch the bounce. Well, I could have been saying that for the last three weeks and I'd be getting run over. Now my system has never given me a buy. So therefore I haven't done it, right? But if I was just some guy sitting here letting all this bad psychology overrun me, I probably would have been buying it."

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