What really drives the market
A bit counterintuitive.
I first was thinking that the Big player (smart money) were the driver in the market.
But think about it, they can do nothing without some fool to trade with them.
It is dumb money that controls the market.
I created my own indicator to ID smart and dumb money movement.
Smart money waits for dumb money to start selling, and they start buying, driving the market up.
Dumb money starts buying, and Smart money starts selling. Why ? they need someone to trade against to make their money.
I first was thinking that the Big player (smart money) were the driver in the market.
But think about it, they can do nothing without some fool to trade with them.
It is dumb money that controls the market.
I created my own indicator to ID smart and dumb money movement.
Smart money waits for dumb money to start selling, and they start buying, driving the market up.
Dumb money starts buying, and Smart money starts selling. Why ? they need someone to trade against to make their money.
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