Quote from: shisotsu on Today at 01:12:17 PM

Quote from: Oshosondy on Today at 01:02:29 PM

I will like to ask. What is smart money? I do not think this is related to trading

Smart money refers to the capital that institutional investors, central banks, and other professionals or financial institutions control. It is managed by expert investors who can foresee market trends and make most of the profits. So it means that smart money traders trying to trade together with market-maker. Also they think that technical analysis is not working because it's very old.

So basically your are pertaining on calling that smart money is into that kind of sending out your funds and letting other people do handle those funds instead for yourself on making up those trades and other investment
decisions? Is this something that you would really be that willing to do so or not? Going back into the first thing that you had said about relevance of technical analysis. Yes, this is something which is really that relevant.
We cant really be having a market to have that only on having that kind of news from time to time on which you cant really make use of FA and this is where TA would really be that setting in.
You cant really just make out those trading positions without any basis because you are really just that basically doing gambling in the first place.

Also if you do really make mention about smart money, then its up to your own choice. If you do really trust them up on making a hold of your finances or investment
and making up some trades for you then its impossible that you wont really be able to know or been wary about the risks involved into this one.