10 Trading Lessons from JR Romero

JR Romero joined the T3 Alpha Show podcast to talk immigrant mentality, the wild ups and downs of trading, and why he DOES NOT consider himself a technical analyst.

These are the 10 things we learned from him:

1. Work Is Freedom

JR Romero came to America searching for one thing: a fair shot.

“In my country, you could work as hard as you wanted and it meant nothing if you weren’t connected. Here, I could start a business, make money, and nobody stopped me.”

He sees the U.S. as “the greatest experiment in liberty, creativity, and innovation.” The immigrant mentality still drives him: work hard, think big, and never take a new opportunity for granted.

Takeaway: Whether you’re trading or building a small business, effort is the one thing you control. Freedom isn’t given. It’s earned through  good old-fashioned hard work.

2. Love Winning, But Respect Losing

JR is 100% addicted to the rush of achievement. But he also says nearly half of his ventures have failed.

“Most businesses I’ve started failed. But it was always a thrill. That’s life.”

He treats every setback as tuition. Losing is part of the game. You have to choose to learn and get better.

Takeaway: Treat failure like feedback. Every loss teaches you something about your process, discipline, or emotion. But it's up to you to learn.

3. Trade Like a Merchant, Not a Magician

JR doesn’t consider himself a chart guy or classic technical analysis expert. He calls himself a merchant.

“Trading is haggling over price all day long. You’re finding where supply and demand meet, like selling rugs in a bazaar.”

Indicators are like measuring tape. True traders think in terms of people and price. Your job is to sense when the crowd is fearful or euphoric, and act like a business owner, not a gambler.

Takeaway: You’re not fighting the market. You’re negotiating with it as you observe the competition. Approach every setup like a business transaction, not a magic trick.

4. Empathize with the Other Side

JR's trading success comes from emotional intelligence. It's about empathy, not brainpower.

He constantly imagines what other traders are feeling: Who’s trapped? Who’s panicking? Who’s greedy?

“We know where the stops are. We know when people feel fear or ecstasy. You have to think like the person on the other side of the trade.”

By understanding the crowd's emotional state, he finds turning points before the charts show them.

Takeaway: The market isn’t math. It’s a massive real-time study in human behavior that is measured in dollars. Learn the crowd’s psychology and you’ll spot moneymaking opportunities faster.

5. Marry the Narrative with the Numbers

JR rejects the idea that traders must choose between technicals and fundamentals.

“There are purists who only look at charts. That’s silly. You need to understand what institutions are thinking, and sometimes that comes from fundamentals.”

He combines stories with setups. When Caterpillar (CAT) stock surged, he tied it to infrastructure spending trends — a narrative confirmed by price action.

Takeaway: The best trades align story, sentiment, and structure. Use charts to time entries, but let real-world context guide conviction.

6. Cowboy Up Because Your Life Depends on It

After losing millions in the 2000 dot.com bust, JR borrowed $75,000 to restart his trading career. TWICE.

“You better cowboy up,” he told himself.

He worked fourteen-hour days selling Internet services until he could fund his first company, and eventually, his trading career.

Takeaway: Real success demands full immersion. Part-time effort leads to part-time results. Decide what you want, and burn the boats behind you.

7. Forget Your Trading Batting Average and Focus on Efficiency

Many traders obsess over win rate. JR's not worried about whether he's making money on 40% of his trades or 90%.

“You can be right 80 percent of the time and still lose money if you manage trades poorly.”

He focuses on trading efficiency, which means cutting losers fast and pressing winners. He also emphasizes expected value, weighting every setup by probability and reward.

Takeaway: Success isn’t about being right. It’s about staying right long enough to get paid.

8. Your Passion Should Be Your Work and Your Work Should Be Your Passion

When JR reads Tesla’s (TSLA) price action, he says it’s like watching a movie:

“You get comedy, tragedy, intrigue, and action all inside a few five-minute bars.”

If studying markets doesn’t fascinate you, you’ll never last. The best traders feel addicted. And not just because of greed. They love the game and can't stay away, even if they want to!

Takeaway: The market rewards obsession. If you don’t find joy in analysis and execution, find another field before it breaks you.

9. Human Nature Never Changes

Algorithms and HFTs may dominate headlines, but JR insists they’re still run by humans. And often badly.

“Most HFTs lose money. They misread news all the time. They’re a never-ending opportunity machine.”

He’s convinced that greed and fear remain the true market engines, and that traders who understand human bias will always have an edge.

Takeaway: Technology changes, but emotion doesn’t. Study people more than programs.

10. Stay Curious About Everything

JR reads constantly: history, art, psychology, economics and more. He believes a broad sense of curiosity will sharpen your trading instincts.

“Trading is the ultimate social experiment. You’re watching human virtue, greed, and fear play out in real time.”

He connects dots across disciplines—understanding how culture, politics, and innovation shape sentiment and price.

Takeaway: Great traders think beyond tickers. Read widely, live fully, and keep expanding the mental map that helps you anticipate change.

Final Thoughts

JR Romero’s story is about more than trading.

It’s about belief, resilience, and curiosity. The qualities that turn chaos into opportunity.

He’s living proof that you can start with nothing, lose everything more than once, and still build a life defined by freedom and purpose.