5min chapter

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203: “Going against the crowd - a contrarian approach to trading profits.” – Jason Shapiro

Better System Trader

CHAPTER

Is There a Contrarian Tri Ami Getting Ready?

"I don't want to be contrarian price, right? My attitude is not, ha, this thing's gone up a lot, it's time to short it," he says. "What i'm trying to be contraryan is participation in the market." He uses data and an oscillator to see if people are super long or super short. And when they're superlong, i'm looking to go short. When they're super short, i'mlooking to go long,. But that doesn't mean every trade has to take place like that because of the oscillator either way.

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