💡 There is a trend on YouTube of calling out or exposing forex traders for attention and clicks.
🔥 Some YouTubers resort to creating drama and controversy to generate traffic and ad revenue.
📉 Smart money concepts introduced in the trading community have been misused and presented as the only route to profitability.
📚 The speaker emphasizes that their trading concept is unique and different from other popular strategies like Wyckoff and supply and demand, which have been sensationalized for drama.
🗣️ They express frustration with traders who claim to use their concept but don't give credit, and instead belittle other traders who don't follow their approach.
👥 The speaker encourages maturity and responsibility in the trading community, appreciating different trading styles and not forcing one's opinions on others.
📊 Trader Nick's opinion on smart money concepts is not important for individual profitability.
💰 The speaker emphasizes making money regardless of others' opinions or interest in their teachings.
📈 The speaker discusses the analysis of the E-mini S&P futures chart, highlighting the importance of buy stops and liquidity levels.
Traders use buy stops and breakouts to create a pool of liquidity for smart money.
Smart money is controlled by algorithms and artificial intelligence (AI) rather than buying and selling pressure.
Understanding the algorithm-driven price and liquidity helps gain a unique perspective on market behavior.
✨ Smart money traders analyze the market by following algorithms and anticipating price movements.
📉 Smart money traders strategically enter short positions after a flood of buy orders, using sell stops as a counterparty liquidity pool.
🔄 Market fluctuations create opportunities for smart money traders to profit by waiting for clear runs indicated by algorithms.
📉 The speaker looks for perfect conditions in price action to minimize losses and enter trades.
📊 They use the concept of fair value gap and liquidity to strategically enter and exit trades.
💡 The speaker emphasizes that trading involves managing losing positions and waiting for winning trades.
📊 The speaker explains that the markets have always been rigged and it's important to understand what smart money is doing at specific times.
🎯 The speaker emphasizes the need for understanding and depth of knowledge in trading, and how blindly relying on luck can lead to financial risks.
🧠 The speaker shares their experience and insights on smart money concepts, creating a language to teach complex ideas and urging responsible mentorship.
Guiding Pre-Teens in Career Exploration: A Creative Arts Approach
Market Outlook for Sept 24 2023
Who is Funding UK Election Campaigns? - TLDR Explains
Using IoT and artificial intelligence to create a healthy workplace | Air Summit | Infogrid
OSIRIS-REx Asteroid Sample Return (Official 4K NASA Broadcast)
The Impact of Generative AI on Workforce Productivity