

Catching the turns for big gains with Jason Shapiro
Aug 18, 2025
Jason Shapiro, the mind behind the Crowded Market Report, shares his contrarian trading insights rooted in market sentiment. He emphasizes the importance of emotional intelligence and adaptability in trading. Shapiro discusses the significance of a process-driven approach, focusing on market positioning rather than personal opinions. He also explores the value of asymmetrical risk-reward ratios and the necessity of embracing diverse viewpoints to enhance trading success. Listeners gain practical advice for navigating market complexities while cultivating emotional resilience.
AI Snips
Chapters
Books
Transcript
Episode notes
Price Leads Fundamentals
- Jason trades market turns because price moves before fundamentals and sentiment flips at extremes.
- He looks for crowd positioning extremes, then waits for market confirmation before trading.
Wait For Confirmation Before Trading COT
- Wait for market confirmation even when the COT shows crowded positioning before taking a turn trade.
- Use stops and accept that some early attempts will fail; take losses and try again.
Low Win Rate, High Payoff Edge
- Jason's system has under 40% winners but a high payoff ratio, producing long-term edge.
- He targets trades where average winners are roughly four to five times the risk taken.