Crowded Market Report Reviews 

10
•
TrustScore 3 out of 5

3.1

While we don't verify specific claims because reviewers' opinions are their own, we may label reviews as "Verified" when we can confirm a business interaction took place. Read more

To protect platform integrity, every review on our platform—verified or not—is screened by our 24/7 automated software. This technology is designed to identify and remove content that breaches our guidelines, including reviews that are not based on a genuine experience. We recognise we may not catch everything, and you can flag anything you think we may have missed. Read more

Company details

  1. Media Company

Written by the company

The Crowded Market Report (CMR) is home of the best online trading community where Jason Shapiro, featured in Unknown Market Wizards (The Contrarian), helps traders learn about risk management, trading discipline and the ultimate discounting mechanism - trader positioning. 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 his career, he has used a contrarian approach fading speculators that has made him a successful Hedge Fund Manager as verified by Jack Schwager's book. When you join CMR, you gain direct access to Jason on CMR's private Discord trading room, weekly reports with unique market analysis, CMR COT Charts in three different formats, CMR's proprietary market crowded index, and weekly calls. CMR Charts are the industry leader when it comes to trader positioning charts, they are the most comprehensive on the market, and are published right after the CFTC releases the data before any other service.


Contact info

3.1

Average

TrustScore 3 out of 5

10 reviews

5-star
4-star
3-star
2-star
1-star

No recent history of asking for reviews

This company hasn't invited customers recently, so reviews may not be representative

Replied to 100% of negative reviews

Typically replies within 24 hours

How this company uses Trustpilot

See how their reviews and ratings are sourced, scored, and moderated.

3.1

All reviews

(10)

4 reviews in the last 12 months

Write a review

We perform checks on reviews

Companies on Trustpilot aren't allowed to offer incentives or pay to hide reviews. Reviews are the opinions of individual users and not of Trustpilot. Read more

Rated 1 out of 5 stars

Hope this review protects future…

Hope this review protects future aspiring traders. Once you’ve paid, if you’re hoping to verify recent trades, you’ll be out of luck. There is no list of past trades with entries, exits, and hit rates. Happy to share screenshots of the Discord chat with Trustpilot as proof.

Edit: I wasn’t looking for an alert service, and I said so directly in Discord: I wasn’t asking to copy trades. I was asking whether the methodology is demonstrably profitable before committing more time and £150/month.

The facts: the cmr-trades channel has no entry prices, exit prices, or P&L. When I asked for a record of the last 12 months, I was told to work it out myself with a spreadsheet, that these aren’t verified returns because CMR trades no account, and that if I had doubts I should probably just unsubscribe. A CMR staff member confirmed the reports and trades channel are all that’s available. Screenshots available to Trustpilot on request.

So it comes down to this: you say the trades are clearly recorded; I say there’s no practical log of recent trades that lets anyone verify an edge. I wanted to confirm that before paying more. Your answer amounts to asking members to simply trust you.

October 19, 2026
Unprompted review
Crowded Market Report logo

Reply from Crowded Market Report

Gavin - How many times are you going to try and post this review? This time we will not have it reviewed for false info AGAIN. I think the review will help keep the wrong type of trader from joining our community, especially if they are looking for the same thing you were looking for, which is an alert service. WHICH WE DO NOT DO! We clearly state that the goal of CMR is to help traders learn about positioning, sentiment and market action. All of the CMR process trades are posted in the reports and online in real time for the last six years. You did not want to do the work. You wanted the easy-bake oven option of trading versus learning how to cook. If you focused more on learning how to trade versus creating another trust pilot review under a different name, you would be better off. Wish you all the best.

Advertisement

Trustpilot is assessing this review in accordance with our flagging process.

Advertisement
Rated 5 out of 5 stars

CMR is selling the steak, not sizzle.

Jason is recognized as a Market Wizard not because he can predict market turns, but because he handles losses better than anyone else. His 2 decades+ of success is attributed to the discipline and the patience he exercises in waiting for market confirmation before entering trades with asymmetric reward-to-risk ratio.

Unlike typical trading gurus who emphasize high win rates and flaunt paper profits (the sizzle), the CMR service has guided me towards developing the right mindset. It has taught me the importance of patience and discipline for long-term success in the market. These skills will not lead to overnight success or fortune, but over time, they will shape me into a profitable trader (the steak). I highly recommend this service to new traders looking to build a sustainable trading career.

Member since 2021 and counting.

May 14, 2024
Rated 5 out of 5 stars

My Experience with CMR

I extend my sincere gratitude to Jason and the entire Crowded Market Report community for the invaluable impact they've had on my trading journey over the past 10 months. I attribute this to having the rare chance of observing a long-time professional CTA discuss his trading method day in and day out. After reading Unknown Market Wizards, I was really intrigued by Jason’s approach of identifying overly crowded markets, and using that idea to help manage risk. Moreover, the vibrant discussions and camaraderie within the CMR community have helped me tremendously to better understand market dynamics and correlations, which is something I haven’t been able to find elsewhere.

For anyone struggling with the challenge of managing risk or seeking to elevate their trading game, I highly recommend joining CMR. The wealth of knowledge, supportive environment, and direct access to Jason and fellow members make it a transformative experience.

May 7, 2024
Rated 5 out of 5 stars

To learn to fly, spend time with eagles, not ducks.

The CMR Process is quite unique in its application of COT data to navigating the markets successfully over time.

Perhaps most importantly, Mr. Jason Shapiro - a bona fide Market Wizard - is authentic in expressing his views and is readily available to answer questions from subscribers on the associated Discord.

Just having direct access to this Market Wizard on a daily basis is worth its weight in gold, or even bitcoin, let alone the very reasonable subscription price.

Lfg!

February 17, 2024
Rated 5 out of 5 stars

Best money I've spent on education

I have been a very satisfied subscriber to CMR for around 1.5 years. The level of transparency into Jason's process and thinking was a pleasant surprise. Having subscribed to more expensive services which only left me disappointed because they didn't teach me 'how to fish', only threw some fish my way, here I feel I've become a much better fisherman.

Jason is very accessible, answers any and all questions that are put to him, and shares his wisdom in a no-bull way that I find highly appealing.

My reason for becoming a member was to improve my CoT process, and to be a better trader. Both objectives have been exceeded.

November 11, 2023
Advertisement
Rated 5 out of 5 stars

Becoming Profitable

Jason Shapiro is not only a Market Wizard and therefor a very profitable trader, he is also invaluable as a mentor. With his no bull*hit attitude he tells it like it is and emphasizes the importance of risk management and discipline above any trading tactic.

November 7, 2023

The Trustpilot Experience

Anyone can write a Trustpilot review. People who write reviews have ownership to edit or delete them at any time, and they’ll be displayed as long as an account is active.

We use dedicated people and clever technology to safeguard our platform. Find out how we combat fake reviews.

Learn about Trustpilot’s review process.

Here are 8 tips for writing great reviews.

Verification can help ensure real people are writing the reviews you read on Trustpilot.

Offering incentives for reviews or asking for them selectively can bias the TrustScore, which goes against our guidelines.

Take a closer look