I Understood Smart Money

[00:02] attention paid to this phenomenon on the internet? I'll give you a spoiler: no. And here's why. Almost everyone who is interested in trading in one way or another has probably heard about the wall.

[00:14] There are a huge number of profitable traders who have only heard about this methodology, but have not delved into it. There are also a huge number of traders who know this methodology and make money in the market. And then there is the

[00:28] third side - those who do not live from the market, but either hate smartmania or mystify it. What does a trader who hates SmartMoney with all his heart and wants to be heard online look like? He says: “This

[00:42] smartmania of yours was invented for idiots, nothing works there.” And its creator is a fraudster who has never traded himself. It's a curious fact, but in my experience, a profitable trader is a person who is outside of these

[00:55] debates. He doesn't give a damn about these endless disputes. He chose the golden mean. He can either use SmartMoney and earn money from the market, or not use it, but assume that SmartMoney is one of the methodologies,

[01:12] having learned which one can live from the market. If everything is clear with the touchy ones, then with those who mystify smartmania it is even worse. They remind me of the human threshold, because of which people are constantly looking for the main reason in something. In the Middle Ages,

[01:26] they tried to obtain the Philosopher's Stone, and now the Grail is in trading. This process is, in general, endless, as long as humanity exists and lives. As for me, the one and the other are two extremes that are best avoided if you don’t want

[01:43] to be an idiot. So what is SmartMoney really

[01:55] Smart Money is the capital of major market participants. Five, [ __ ], five and a half thousand, [ __ ], leave the [ __ ] greens to the Komsomol, [ __ ]. They have access to

[02:09] Komsomol, [ __ ]. They have access to analytics and can influence the price. Hello, analytics and can influence the price. Hello, [ __ ]. Hello, [ __ ]. Often much [ __ ]. Hello, [ __ ]. Often much earlier than ordinary traders know where

[02:22] the price will go. I press the [ __ ] button to buy, [ __ ]. And I have a glass, [ __ ], history, [ __ ], it shows a minute ago . . They don't trade in emotions. It's not my

[02:35] [ __ ] problem. This is not an internet problem, [ __ ] it. They accumulate positions through proper movement and enter only where the crowd is

[02:49] movement and enter only where the crowd is already completely beaten down. His [ __ ] mouth, [ __ ] [ __ ], this Binance. [music] Method, method and more method. Many people

[03:03] mistakenly equate smartmanagement with strategy. Method is broader than strategy. using the appropriate terminology, rather than providing specific entry points or specific potentials for a particular trader. In my

[03:18] opinion, smartmoney is one of the working methods that describes the behavior of market participants in relevant and precise language. Smartma is based on the idea of ​​the , which can be represented as an institution, a bank, a

[03:34] hedge fund, any whale, and a crowd that follows the large participant. SmartMoney's entire methodology is based on the analysis of a major participant who manipulates prices, exchanges orders, captures

[03:49] liquidity, and so on. Can smaone be refuted? Very unlikely. The major player hypothesis posed by this concept can be replaced by anything you like. But no matter what you call

[04:04] it, the market will not stop moving the way it does. And that's the funny thing. We all trade Smartmane, but we don’t even know it. Both Vasya and Francis can trade the same situation, but one will explain it through smartmane, and the

[04:20] other through a mystical pattern consisting of a combination of green candles. And both will be right if they know how the price moves. But knowing why the price moves is generally of secondary importance, especially for a trader. He may know how, but he doesn't know

[04:36] why. It's not that important anymore. A pack of marshmallows and a banana-flavored nicotine vape pod are enough for a trader pack of marshmallows and a banana-flavored nicotine vape pod are enough for a trader

[04:48] all the blessings of earthly life, and that’s all. And to know why this is, I'll tell you using my own example. I traded for 2 years without any of your SmartMoney and, in general, came to my own understanding of the market in a roundabout way. I had my own

[05:04] patterns there, and I explained how and in what way coins move, and everything in that spirit. established terminology and apply what was

[05:16] already thought up for you long ago, without reinventing the wheel. The fact that I traded purely on my own and formed my own view of things. Is this good or bad? And in answering

[05:28] this question, I don’t think that this question can be answered definitively. On the one hand, I don't regret it. On the other hand, when you're a beginner, it's probably better not to waste time reinventing the wheel and to use

[05:42] existing concepts. And I'm not saying that this concept is specifically SmartMoney. About a year and a half ago, or maybe a little later, I started practicing a trading situation, which

[05:56] was called Shakey on the foreign Internet, in Russian it was called shaking out. This term is not from smartmoney, and I would even suggest that it was invented even before smartmoney, in the era when the Internet had just appeared, or in general, when you could

[06:11] only learn about trading mostly from some books that have now become classics. So, the same market phenomenon that I called shaking out was described in Smartman, and it was done more accurately. But

[06:24] the essence is the same: these are the same market processes, just named differently. It turns out that the main criterion for whether any concept is worth studying is its profitability. It doesn't matter how many supporters there are or how people feel about it on the

[06:38] internet. The main thing is backtesting and profitability over time, or, more simply put, practice. There is so much [ __ ], noise and idiots around Smartmane. From the very beginning of the video, I talked about the scale of this concept. And it’s not surprising that they’re

[06:55] trying to make money from this. make money without using the concept, but make money from the concept. A newbie goes on YouTube, watches some forecaster or trader, then goes to him on Telegram, and he sells training on Smartman. Everything,

[07:10] mystery, mysticism, the Grail. I need to buy this course for $1,000 and I'll become a market genius. This is exactly the kind of stuff that cosmetics for a girl. They can hide their shortcomings to such an extent and

[07:25] case, this is a trader who does not practice smart trading, but creates the image of a smart trader. So some idiot will turn to a production studio, they will package his training for him competently, they will write in the

[07:40] course program Rejection Block, Orderflow, FVG, GSPD, TNT, Swag. Orderflow, FVG, GSPD, TNT, Swag. And to a newbie it will seem like, well, wow,

[07:52] And to a newbie it will seem like, well, wow, this is something in American. this is something in American. And, well, he will, naturally, buy the course. But no less funny are the bloggers and traders who expose, yes,

[08:06] expose SmartManyone, saying that it’s all from Lukao. And then they say: “It’s better if you come to me for training, I have my own unique vision of I have my own unique vision of the market.” that those, that these, in fact,

[08:20] make money on human ignorance, on human trust, on human weakness. And this process, believe me, will exist as long as man exists. y