The Origins of All Star Charts with Founder J.C. Parets

Today’s guest is certainly something special. If you’ve been in the trading industry for very long, there’s no doubt you’ve heard the name  J.C. Parets before. J.C is the founder of All Star Charts, one of the most widely followed technical analysts in the industry. Jeff and J.C. cover a wide variety of topics from baseball to chess to wine while breaking down some of the most spot on technical analysis of the markets you’ll ever hear.
However, before all that talk, Mark Meadows is back this week with his MARKet Reactions from last week. Lastly, July was  TopstepTrader’s 7th birthday! We’re going to be celebrating the only way we know how: by giving you all some amazing gifts! So join us for the celebration and stayed tuned for more info about our birthday extravaganza!
Have thoughts about this episode? Don’t forget, we want to hear from you! We’re rolling out a new call-in line for listeners of the show, so be sure to give us a call at 855-902-0331 and let us know what’s on your mind.

• [00:42] - This week: J.C. Parets
• [01:07] - TopStepTrader 7th Anniversary
• [01:53] - MARKet Reaction with Mark Meadows
• [03:04] - J.C. Parets introduction
• [03:39] - Jeff Carter Interview with J.C. Parets
  • [03:56] - All Star Charts
  • [04:57] - So you grew up in Miami?
  • [06:16] - How did being a pitcher inform your approach to the markets?
  • [07:24] - Pitching is a chess game
  • [09:07] - Did the discipline that you had to have pitching carry over to what you do today?
  • [10:38] - How did you get interested in finance?
  • [11:17] - Majoring in accounting
  • [12:51] - Josh Brown of Ritholtz Wealth Management
  • [13:17] - Were you in the wealth management part of Merrill Lynch?
  • [13:48] - With an accounting background you can understand the guts and glue of the business
  • [15:38] - What is the difference between asset classes when using technical analysis?
  • [15:54] - John Murphy, the father of inter-market technical analysis
  • [17:39] - What sort of indicators do you look at to see the capital flows?
  • [20:08] - When you see an indicator on a chart like that what is the period of time you'd expect to wait for the market to go that way?
  • [21:02] - How do you use technical analysis to trade options?
  • [21:41] - Sean McLaughlin of All Star Charts
  • [24:11] - Wedding planning & Honeymoons
  • [26:29] - How has moving from New York to Sonoma hurt or benefited you?
  • [30:03] - What types of institutions are your customers?
  • [32:09] - Koyfin Data Analytics Platform for Investors
  • [32:12] - The Chart Report
  • [33:10] - How do you respond to the criticism that charts are looking backward?
  • [33:51] - How would somebody approach analysis tools to determine which would work for them?
  • [36:44] - What do you think of tools like Market Profile?
  • [37:56] - You are starting to make wine now, do you chart the grapes?
  • [38:34] - What wine made you want to learn how to make it yourself?
  • [39:52] - Pairing wine with food
  • [44:46] - What if the Fed cuts rates, higher or lower?
  • [45:00] - 2020 election year coming up, good or bad for stocks?
  
  

JC Parets, who holds a Chartered Market Technician (CMT) designation, is the founder of All Star Charts and is one of the most widely followed Technical Analysts in the world. All Star Charts is a research platform for...