Sam Shames

A native Texan, Sam started trading what he saw, energy equities/ETFs and crude. In 2006, he started trading index futures and equities as markets were reaching a crescendo. It was an easy trade, crude upticked almost daily… until it didn’t. After buying the top in crude and taking a big hit to the portfolio, he became determined to understand the nature of the market and the psychological and technical levels that drive price. Learning about long-term trends, asset correlations, and finding price levels that are inflection points were key to his growth as a trader. In 2007, Sam switched his stance to bearish as it became evident the trend that powered the housing market had reversed. Learning how to make money in any market was the most important lesson from that time. As an aggressive swing trader, Sam works to understand the markets through technical analysis and recognizing the psychology of each story. Sam’s lessons and experiences have lead him to joining the Simpler Trading team and sharing profitable trading ideas with our Simpler Trading members.