Interview recorded - 7th of July, 2023

On this episode of the WTFinance podcast I had the pleasure of speaking with Jason Shapiro, Principal at JS Trading and Chief Strategist of Crowded Market Report.

During our conversation we spoke about how Jason believes markets have more upside, his market sentiment strategy, why its all about choosing the right trade, the current opportunities Jason is watching and more!

0:00 - Introduction
1:25 - What is Jason seeing in the markets?
4:00 - How do you know when sentiment has changed?
5:30 - Don’t buy the laggers
6:40 - Jason’s strategy, how he built it and why it is successful?
10:00 - What do most traders do wrong?
13:15 - Its not just about being right, but choosing the right trade
14:50 - Concentration of markets
18:30 - What is Jason’s process?
21:30 - What happens when position closes?
22:35 - Position sizing
23:10 - What are the current opportunities?
28:30 - One message to take away from our conversation?
33:06 - Where to find Jason’s work?

With over 30 years of trading experience, Jason has gone through most markets a trader should see in their career.  From the crazy rallies during the 90s, the tech bubble pop in early 2000s, the 2008 market crash and the latest bull run starting in 2009.  Through the last 20 years of his career, he has used a contrarian approach which has been very successful to him and his clients, as verified by Jack D. Schwager in his latest MARKET WIZARDS BOOK.  Jason has managed large sums of money from a few million to several hundred million and learned a great deal about the Futures markets, from Equities, Currencies and Fixed Income to Currencies and Precious Metals.

Jason Shapiro -

Website - https://www.crowdedmarketreport.com/
Twitter - https://twitter.com/Crowded_Mkt_Rpt
LinkedIn - https://www.linkedin.com/in/jason-shapiro-53674994/
YouTube -  @crowdedmarketreport

WTFinance - 

Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Twitter - https://twitter.com/AnthonyFatseas