How to Bet Against the Herd Like a Market Wizard: Jason Shapiro
Update: 2025-02-08
Description
In this episode of The Trader's Journey, Anthony sits down with Jason Shapiro, a featured trader in Jack Schwager's Market Wizards book, to explore the art of contrarian trading.
Jason shares how he built long-term success by safely betting against the overcrowded herd, analyzing positioning instead of price, and avoiding the common traps that cause most traders to fail. Jason provides key lessons and countless trading wisdom from decades of experience, how he views the Commitment of Traders (COT) report, the critical role of risk management and discipline.
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