Smart Money
We all know or have heard of "smart money" or "big money". They are generally understood to have deep pockets, and move markets with their size. But do we really know who or what they are ? And how do we track them, and benefit from their moves. This course takes a deep-dive into how we can spot smart money operating in the markets. It is said that human nature does not change and this cliché is clearly evident in the markets. We explain how to spot the smart money, and why it makes sense to follow them, because it makes no sense trying to beat them. We study a 10 year chart of the S&P 500, and clearly identify all the smart money activity points. This is an exciting course :)
What you will master
- What is smart money and are they active in the markets
- How do we spot them and track them
- Does it make sense to go with them or against them
- Why does the Richard Wyckoff methodology provide a storyline to the markets
- Why is it important to construct the market storyline
- Why Volume analysis is critical to spotting and tracking smart money
- How we could clearly spot Smart Money before the crash of 2008
- How smart money had started selling in March 2007 and the markets peaked in Oct 2007
- What is the accumulation phase and why is this needed to have a bull market
- What is the distribution phase and why is this needed to have a bear market
- Why does big money like stock price movements without friction
- What are the tactics used by smart money
- What is the Market cycle and how can we recognize tops and bottoms
- Can we spot smart money in intraday charts ? Yes, you can..
