2min chapter

Chat With Traders cover image

245: Jason Shapiro - The Mind of a Tape Reading Contrarian Trader

Chat With Traders

CHAPTER

Oil Versus Oil Stock Chart - Is There an Edge in There?

If you are looking to get long the commodity say oil for example, do you ever take a look at the the oil stocks as maybe maybe another way or oil indices to go long. I don't think that's a very good idea at all personally it goes against every every trading rule that I know. It almost goes against all good sort of trading ideas which is things are lagging by the laggard sell the leaders really is supposed to be buying the leaders and selling the laggards so do you going to sit there and buy the Oix or whatever it is because it's lagging oil? That would never help you right.

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