326 · Jason Berry - This Market Wizard Only Had 5 Losing Months in 14 Years... Here's How

326 · Jason Berry - This Market Wizard Only Had 5 Losing Months in 14 Years... Here's How

June 24, 2026 · 1h 19m · Episode 326

About this episode

Jason Berry discusses his trading career, emphasizing discipline and risk control as keys to success.

Jason Berry co-founded Positive Equity in 2008. Built alongside partners and traders who raised the bar, the firm operates trading floors in Ireland and Croatia. Over a 14-year stretch of verified clearing statements, his small losses, long career approach resulted in only five losing months.Most people think trading success comes from predicting markets. In reality, Jason's multi-decade longevity proves that true consistency comes from deep discipline, strict risk control, and surviving long enough for compounding to work, earning him a featured chapter in Jack Schwager's book, Market Wizards: The Next Generation.In this conversation, Jason pulls back the curtain on his journey from a remote Northern California commune to the chaotic trading floors of London and Dublin. He breaks down the realities of managing a decaying edge, his framework for identifying raw talent in trainees, and why surrounding yourself with a team of disciplined professionals is the ultimate source of career longevity.In this episode, we explore:· How Jason transitioned from an isolated childhood to the chaotic London trading floors· The hidden edges of the open outcry era and the nature of "elbow trades"·…

People in this episode

Hosts: Ian Cox, Tessa Dao

Guest: Jason Berry

Topics covered

Keywords

Mentioned in this episode

Organizations: Positive Equity, Jack Schwager

Books & works: Market Wizards: The Next Generation

Places: Northern California, London, Dublin, Ireland, Croatia

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