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Contrarian Trading is a strategy where traders take positions against the prevailing market sentiment. It involves identifying trends and then trading against them, assuming they'll reverse. Jason Shapiro, a renowned stock market wizard, is known for his contrarian approach. Picking a direction requires analyzing market sentiment, technical indicators, and fundamentals. To be a successful contrarian trader, knowing when to go against the crowd and having patience for reversals is crucial.

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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

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