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, bull market run starting in 2009, Trump election, Covid crash and the recent volatility in the 2020s. The last 20+ years of my career, I have used a contrarian approach fading speculators that has made me a successful Hedge Fund Manager, as verified by author Jack Schwager in his latest Market Wizards book (Chapter 2). He 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. He currently runs a one-man hedge fund based on the CMR process. The goal of creating the Crowded Market Report and the CMR Community is to give back to traders as others have done for him and help the new generation of traders. This is personified in the podcasts below.
BlockWorks Macro Podcast
Investing With IBD Podcast
Chat With Traders Podcast
David Lin Show
Jimmy Connor Podcast
Stansberry Research Podcast
The Market Huddle Podcast
Kitco News Podcast
Wealthion Podcast
Anthony Crudele Podcast
Trader Lion Podcast
Confessions Of A Market Maker Podcast
Learn More By Joining The CMR Community
A portion of the proceeds will be donated to the Charlestown Early Learning Center, a non-profit organization, to provide a high quality, affordable educational program for 3,4, and 5 year old children in the local community.
If you disagree with our Terms and Conditions, please refrain from using our Site, Services, Content, or Information. Your continued use signifies acceptance of these terms.
CMR Publishing LLC's past performance and testimonials are not indicative of future results and are not typical. Trading requires hard work and dedication, and results vary widely.
Most day traders or traders a like are not profitable, as supported by studies:
A study of 3.7 billion trades on the Taiwan Stock Exchange from 1992-2006 showed only 9.81% of volume came from profitable traders, who were less than 3% of all traders (Barber et al., 2014).
Research on 1,146 U.S. brokerage accounts from March to June 2000 found only 50% were profitable, with an average net profit of $16,619 (Garvey & Murphy, 2005).
A study of 334 U.S. day traders between February 1998 and October 1999 showed only 35% were profitable, with just 14% earning over $10,000 (Jordan & Diltz, 2003).
These findings highlight the difficulty of achieving profitability in day trading, which is risky and could lead to the loss of your entire investment. Information provided is for educational purposes only and is not investment advice. Refer to our full disclaimer for more details.
Citations:
Barber et al., 2014: SSRN Electronic Journal
Garvey & Murphy, 2005: Journal of Applied Finance
Jordan & Diltz, 2003: Financial Analysts Journal
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