Could you please clarify the meaning of SMT in the context of stocks? I've encountered this term in several financial discussions recently but have been unable to pinpoint its precise definition. Is it related to a specific trading strategy, an analytical tool, or perhaps a particular market segment? My understanding of the stock market is quite extensive, but SMT remains a mystery to me. Any insights you could provide would be greatly appreciated as I strive to stay abreast of the latest developments in this ever-evolving field.
7 answers
Eleonora
Fri Jul 05 2024
The Smart Money Tool, also known as the Smart Money Technique, is a unique approach advocated by ICT, or The InnerCircleTrader.
CryptoNinja
Fri Jul 05 2024
This methodology focuses on analyzing the correlations between various assets. The key lies in identifying when these correlations undergo significant shifts.
KatanaSwordsmanship
Fri Jul 05 2024
When the correlation between assets is disrupted, it is termed as an smt divergence. This divergence serves as an important indicator for traders to act upon.
Luca
Thu Jul 04 2024
ICT believes that by carefully monitoring these divergences, traders can gain an edge in the market. The technique requires a thorough understanding of market behavior and asset correlations.
Carlo
Thu Jul 04 2024
The Smart Money Tool is not just a technical indicator; it's a comprehensive strategy that combines market analysis, technical analysis, and behavioral finance.