The Disciplined Trader + How To Make Money With Breakout Trading  (Paperback, Shantharaj Indrazith, Douglas Mark)

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. The Disciplined Trader: Developing Winning Attitudes