The Smart Money Concept (SMC)

Smart Money Concepts (SMC) trading is a trading strategy that focuses on identifying and trading with the “smart money”. The smart money refers to large institutional investors, such as banks and hedge funds, who are believed to have a significant influence on the direction of the market. SMC traders believe that by identifying the moves of the smart money, they can increase their chances of making profitable trades. In this webinar, we would be looking at one of the best trading strategies every trader should know about and it is called the SMC trading strategy. The full meaning of SMC is Smart Money Concept, the SMC trading strategy is in a way similar to the supply and demand zones trading strategy we have also written about in one of our articles here because it helps the trader to easily determine the entry and exit positions of the big boys’ trades. By big boys, I mean institutional traders, hedge funds, and banks. Understanding where these sets of traders take positions is one of the key factors to taking a successful trade and that is why the SMC trading strategy is revered amongst many other trading strategies.