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It’s important to understand two herds that exist in the market:
1. Smart Money and
2. Dumb Money
‘Smart Money’ refers to institutional investors, big sharks who have money and information power who give direction and momentum to markets.
‘Dumb Money’ refers to nonprofessional traders, retail traders who often try to make quick money.
Do you agree that it’s always a good idea to follow the smart money?
Besides, do you know only ‘Entry’ and ‘Exit’ decide the fate of your trade irrespective of your reputation, experience, and qualification?
This book explains the secrets to identify the activities of smart money. Hence you will be able to differentiate a genuine breakout from a false breakout.