Trading with the Smart Money | Stocks for Breakfast

Some stock trades are easier than others.
More money is lost to the stock market because of bad trade ideas than any other reason.

So the big question is..."How do we consistently find good trade ideas?"

Trade with me for the next 30 days in real-time:
Join Now:​

We follow the smart money.

Who is the smart money? It's what Benjamin Graham called Mr. Market. It's the force of buying and selling pressure that moves a stock from $10 to $100.

The smart money, the big money allocates capital that pushes stocks higher. So the key is "looking to the left" and asking a simple question - "How long has the smart money allocated capital to the stock you want to trade?"

Is it three months or three days? The greater the commitment by the smart money (time), the more conviction you should have in the new trade idea. The only action left is timing your trade with good entries.

Enjoy today's lesson and let me know if you have any questions.

Pete

Pete Renzulli Gmail
 

Click Here to Leave a Comment Below 1 comments
Diedre Hernandez - October 4, 2020

obviously like your website but you need to check the spelling on several of your posts. Several of them are rife with spelling issues and I find it very troublesome to tell the truth nevertheless I will definitely come back again.

Reply

Leave a Reply: