Investing With IBD
Ep. 228 Jason Shapiro: How This Contrarian Strategy Gives You A Trading Edge
Aug 3, 2023
Jason Shapiro, founder of Crowded Market Report, shares a contrarian approach to investing in futures markets and the signals he uses to go against the crowd. They discuss the current market state during earnings season, the impact of reading Market Wizards books on their trading career, and the importance of timing and risk management in trading. Jason also analyzes commitment of traders reports and currency positions, and shares book recommendations and interesting life experiences.
01:06:29
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Quick takeaways
- Jason Shapiro uses a contrarian approach to investing in futures markets, focusing on positioning rather than price.
- Shapiro pays close attention to market signals like news failures to identify potential reversals in trends and manages risk in trades using market confirmation and defined stop levels.
Deep dives
Contrarian approach to trading
Jason Shapiro shares his contrarian trading approach, which focuses on positioning rather than price. He looks for crowded trades and fades them by taking the opposite position. He uses the Commitment of Traders report to determine crowded positioning in markets.
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