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Contrarianism is overrated; the crowd is right 80% of the time, trend following beats contrarian trading.

From Tradermayne agrees with Druckenmiller: the crowd is right most of the time. · jumps to 0:00 · speech

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His edge was the ability to fucking pull the trigger. Contrarianism is overrated. The crowd is right 80% of the time. Remember those people who are like, everyone's bearish. This has to happen. Everybody's bullish. This has to happen. The crowd is right more often than not. Being a contrarian can be fun, but being a contrarian means you're just trying to pick like key reversal spots when, you know, the most OG trading advice is the trend is your friend. Right? Right?
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