It’s important to understand that there are two different herds that exist in stock market trading. 1. Smart Money, and 2. Dumb Money ‘Smart Money’ refers to institutional investors, the big sharks who have money and information power, who give direction and momentum to markets. ‘Dumb Money’ refers to non-professional retail traders, who often try to make quick money. Wouldn’t you agree that it’s always a good idea to follow smart money? Besides, did you know only the ‘Entry’ and ‘Exit’ decide the fate of your trade, irrespective of your reputation, experience, and qualification? This book explains the secrets of identifying the trading activity of smart money. It enables you to differentiate a genuine breakout from a false breakout.
About the Author
Indrazith Shantharaj is a full-time stock market trader and a bestselling author. He applies the concepts of Market Profiling, with systems tailor-made for the Indian stock market conditions. He is a former IT professional and has over ten years of experience in the stock market. His articles and free eBooks can be found at www.profiletraders.in. Apart from trading, he spends his free time on travel and adventure. Indrazith believes in using the power of the MIND extensively, and practices spiritual sadhana.