It shows where spot Forex traders (dumb money) have their money positioned and how that amount of money has changed over time. This can occur in any marketplace, but is most common in the foreign-exchange (forex) market and stock market.” ... Fiction Will Not Cost You Real Money. You need to follow the patterns of the small percentage of traders who are dominating this market in terms of profits. As a final warning, be also aware of the shortcomings of relying solely on the MFI indicator. Final Words – Smart Money Flow. Opinion: Smart money and dumb money are moving in opposite directions ... At the same time, noncommercial traders (“dumb money”) have a record number of long positions.
Interesting that CNBC, Bloomberg, MarketWatch are feeding us with fearful ideas to sell everything before the real bear market shows up, so you could sell your stocks to those who owns them. The index was invented and popularized by money manager Don Hays. Trading is hard, so get back to loving and embracing the challenge. I encourage you to go look at it, it’s pretty fascinating. Almost every ETF is hitting lower BB. Prior to launching its free trading service, IBKR Lite, last Monday, Interactive Brokers did not accept payment for order flow. Smart money index (SMI) or smart money flow index is a technical analysis indicator demonstrating investors sentiment. Money management plays very important role in getting profits out of Forex; do not underestimate it. How to Follow Smart Money and Avoid Making Dumb Mistakes Kathy Lien and Boris Schlossberg ... Trading forex carries a high level of risk, and may not be suitable for all ... exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money … The IG Client Sentiment Indicator (Formerly the SSI Indicator at FXCM) is a series of charts that show where their traders’ money (the dumb money) goes, long or short — and then above that shows where price ended up going. Most of the markets are already 30-70% down. Its mission is to keep traders connected to the markets, and to each other, in ways that positively influence their trading results. If you want to achieve forex success and profits you need to stop following the dumb money, which represents the majority of traders. Contrarian Forex Trading Against the Dumb Money. Money management in Forex (as well as in other financial markets) is a complex set of rules that you develop to fit your own trading style and amount of capital you have for trading. Hooman , 3 months ago 2 4 min read 2964 In trading circles, this is known as "dumb money." Forex traders who know how to follow the smart money and understand how to read the clues the markets and the professional market participants provide, can make much better trading decisions. Bros and madams, you should go to the nearest pharmacy and buy some prozak. FACEBOOK TWITTER LINKEDIN By Amy Bell.

How Dumb Money Can Become Smart Money. Sentimentrader.com’s description of their smart money/ dumb money indicators .

I used to do a lot of technical and fundamental analysis in my Forex trading. The indicator is based on intra-day price patterns. A string of good times can make us lazy, and often a big loss is the wake-up call.