Chat With Traders

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

75 snips
Oct 11, 2022
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ANECDOTE

Trading Success and Move to Thailand

  • Jason Shapiro made substantial profits from a Hang Seng Index futures trade while in business school.
  • This trade's success influenced his decision to move to Thailand and trade full-time.
ANECDOTE

Thailand Trading Experience and Blowout

  • Shapiro moved to Thailand to trade full-time after business school, believing it was a dream come true.
  • However, he blew out his account within nine months due to fighting the market.
ADVICE

Learning from Losses and Developing a Process

  • Learn from trading losses, journal trades, and develop a repeatable process.
  • Eliminate emotional decision-making and avoid fighting the market's direction.
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