Benefit of the doubt never really works except in Poker and Trading

I used to second guess human intentions, even though nobody ever second guessed me. But it turns out nasty people are just as nasty as they at first advertise. There is no softer core inside. There is no frog prince.

Poker on the other hand has sand baggers. And in trading there are the faders who fade a trend to hunt for stops. So second guessing really works there. Buy in the fade (adjusted for volatility).


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