Great background story Jason. Thank you for sharing. Do not fool yourselves, every trader that lived has blown an account at the beginning of their journey. Managing the psychology behind being a good trader is one of the hardest things you will ever do in your life. And the way to do it is when the markets knock you down, getting back on your feet, again and again and be humble. Trading is not an ATM machine; your gains will be inconsistent. Other than that, you can make a lot of money!
glad i read market wizard and techinical analysis of stock trend. i never had major or blow up lost so far. ;) of coz, i dont make alot compared most traders
Inspiring story and thank you for sharing! I am from Hong Kong and it is interesting to know that you traded Hang Seng Index back in the days. Given there is no Commitment of Traders Report in Hong Kong (at least, not that I am aware), do you think looking at the open interest of Callable Bull/Bear Contracts (i.e. CBBC) is a good proxy?
Interesting backstory Jason. Thanks for sharing. May I ask what did you study and or what qualifications did you gain to enable to you to work with hedge funds and then ultimately managing your own business and other peoples money? Many thanks.
I don't think being "contrarian" is about taking the opposite view on every thing, it means trying to make objective decisions while trying to stay clear of the herd/ ignoring the herd as much as possible. Most people have a tendency to be agreeable and follow the herd because it's the safest thing to do, less risky. It's a social trait. But imo in stocks it's best to take the most objective view, ignoring group think. It might just be, from time to time, that the most objective view is also the consensus
@@crowdedmarketreport long story short. I’ve traded 6 years. Took 4 to become profitable. Made lots in 2020 and 2021 then blew up in 2022. Im also a contrarian by nature. Just re opened my account as of last week. Looking to connect with likeminded ppl that have more experience than myself.
@@jasonshapiro4369 is being a trader worth it ? I've been doing it for almost 7 years, I'm 28 now and had big ups/down but overall made quite some money. I feel it was a great "youth" experience and can still use trading to "park" my money into long term very good risk/rewards trades. I would start waging again to get a full salary and raise a family. How does it sound to you ? I fear trading will not be enough to overcome the "family" challenge.
not to be rude or something , but your journey sounds a bit lucky actually and not like most i've hear. years and years of constant loosing with no hope that you will ever make it, at least thats what i got from this. good day
Jason! Thank you for sharing your story. You've got the trading scars to get you to where you are man!
What a fantastic story. Thank you for sharing.
Thank you for this video, really helpful to me.
Thanks for this, Jason
Great background story Jason. Thank you for sharing. Do not fool yourselves, every trader that lived has blown an account at the beginning of their journey. Managing the psychology behind being a good trader is one of the hardest things you will ever do in your life. And the way to do it is when the markets knock you down, getting back on your feet, again and again and be humble. Trading is not an ATM machine; your gains will be inconsistent. Other than that, you can make a lot of money!
Thanks for sharing your story!!
i'm fan of you're trading style
Great lessons Jason ! Thanks
Nice origin story, SifuShap! Gotta mention the Porsche next time ... 😆
You are a gem. And honest. Just knowing it can be done is helpful. Brilliant strategy.
Found a lot of value in this thanks.🍻
Thank you!
You just blew my mind Jason
glad i read market wizard and techinical analysis of stock trend. i never had major or blow up lost so far. ;) of coz, i dont make alot compared most traders
Excellent! I find my story is shaping up to be very similar to yours. Glad to know we are not alone in our tribulations.
Inspiring story and thank you for sharing! I am from Hong Kong and it is interesting to know that you traded Hang Seng Index back in the days. Given there is no Commitment of Traders Report in Hong Kong (at least, not that I am aware), do you think looking at the open interest of Callable Bull/Bear Contracts (i.e. CBBC) is a good proxy?
could be yes.
Interesting backstory Jason. Thanks for sharing. May I ask what did you study and or what qualifications did you gain to enable to you to work with hedge funds and then ultimately managing your own business and other peoples money? Many thanks.
Jason stronghold is risk mgmt discipline that he has developed into a process which he mechanically execute with discipline.
Hi Jason, I really enjoy your videos, but I’m hearing a lot of noise from your mic getting touched.
Do you recommend any book?
Do you ever feel conflicted between being contrarian, but also not wanting to fight the trend? For me it's hard to honor both concepts.
I dont fight trends. I wait for them to confirm they are over.
I don't think being "contrarian" is about taking the opposite view on every thing, it means trying to make objective decisions while trying to stay clear of the herd/ ignoring the herd as much as possible. Most people have a tendency to be agreeable and follow the herd because it's the safest thing to do, less risky. It's a social trait. But imo in stocks it's best to take the most objective view, ignoring group think. It might just be, from time to time, that the most objective view is also the consensus
what would it take to come work under you?
I dont have employees. never again. but why do that anyway?
@@crowdedmarketreport long story short. I’ve traded 6 years. Took 4 to become profitable. Made lots in 2020 and 2021 then blew up in 2022. Im also a contrarian by nature. Just re opened my account as of last week.
Looking to connect with likeminded ppl that have more experience than myself.
Jason...what's the worse trade you've ever made?
skipping law school to become a trader
@@jasonshapiro4369 is being a trader worth it ? I've been doing it for almost 7 years, I'm 28 now and had big ups/down but overall made quite some money. I feel it was a great "youth" experience and can still use trading to "park" my money into long term very good risk/rewards trades. I would start waging again to get a full salary and raise a family. How does it sound to you ? I fear trading will not be enough to overcome the "family" challenge.
not to be rude or something , but your journey sounds a bit lucky actually and not like most i've hear. years and years of constant loosing with no hope that you will ever make it, at least thats what i got from this. good day
lol
SUPER. video