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Smart Money Concept Trading for Beginners

Posted By: TiranaDok
Smart Money Concept Trading for Beginners

Smart Money Concept Trading for Beginners.: Learn How To Trade Like The Big Banks Using: Break of Structure, Change of Character (CHOCH) Area of Interest, … Grab, Order Blocks, Fair Value Gap. by Derek Salvon
English | December 7, 2023 | ISBN: N/A | ASIN: B0CPT7SCP7 | 37 pages | EPUB | 4.40 Mb

Today, the smart money concepts of trading remain among the best-kept secrets in the trading world, prompting traders to seek a profound understanding of this concept. In this book, we will explore these secrets together. Once you understand how smart money works, you can seamlessly incorporate these concepts into your trading strategy for enhanced profitability.

First I will delve into some fundamental smart money concepts, providing insights to facilitate easy integration into your trading style. Then, I'll illustrate the trading strategy using examples. While this trading strategy may appear unfamiliar initially, the Smart Money Concept, commonly known as SMC, is based on trading principles like supply and demand, price patterns, and support and resistance. What sets it apart is its distinctive terminology, with SMC traders employing terms such as "liquidity grabs," "market structure," and "mitigation blocks" in their strategy.
Now, you might be wondering: What exactly is the SMC trading strategy? How can I incorporate it into my trades, and what level of profitability can I achieve with it? This book aims to address these questions, so log in to your mt4/mt5 as we delve into the details.