How Operator TRAPS New Traders | *FREE Advance Price Action Trading | Smart Money Concepts In Hindi

Two Side Traders

23 Mar 202314:21

Summary

TLDRThe video script discusses the 'Smart Money' concept, a trading strategy used by large institutions and experienced traders to outperform retail traders. It highlights common issues faced by new traders, such as market reversals and stop-loss hits, and introduces the idea of smart money patterns like support and resistance, market structure, and key levels. The script promises to reveal advanced concepts and strategies to help viewers improve their trading accuracy and avoid common pitfalls, all presented in a simple and accessible manner.

Takeaways

😀 The video discusses an interesting topic called 'Smart Money' concept, which is widely used by traders but can sometimes lead to unexpected market reversals.
📈 The script mentions that new traders often complain about not making price action and failing trades, such as the market reversing immediately after their entry or stop-loss being hit.
💡 'Smart Money' is a concept where institutional investors or large funds with significant trading volumes influence the market, and their strategies can be learned and applied by retail traders to improve trading accuracy.
📊 The video introduces the idea of 'support and resistance' levels in the context of the 'Smart Money' concept, emphasizing the importance of drawing 'zones' rather than straight lines for better trade decisions.
📉 The concept of 'market structure' is explained, highlighting patterns like higher highs and higher lows (bullish) or lower highs and lower lows (bearish), and how 'Smart Money' traders look for breaks in these structures as trading opportunities.
🔄 The script talks about 'change of character' in market trends, where a bullish trend might turn into a bearish one, and vice versa, indicating a significant shift in market sentiment.
📍 The importance of marking out levels such as weekly and daily candle highs and lows, as well as major swings, is emphasized for better understanding of market movements and potential entry/exit points.
🚫 The video warns against entering trades in the middle of a strong trend without proper consolidation or retest, as it can lead to increased risk and potential stop-losses.
🔢 The 'Smart Money' concept includes understanding supply and demand zones, market structure, and key levels to make informed trading decisions rather than relying on simple technical terms or patterns.
📝 The speaker shares personal insights about a course offering on the 'Smart Money' concept, expressing the view that such knowledge should be accessible for free or at a lower cost to help more traders learn effectively.
🌐 The video concludes with an invitation for viewers to like, comment, and show interest in further 'Smart Money' concepts, promising a series of videos that will delve deeper into advanced strategies and indicators for mastering live market trading.

Q & A

What is the main topic discussed in the video script?
-The main topic discussed in the video script is the 'Smart Money' concept and how it affects retail traders in the market.
What issue do new traders face according to the script?
-New traders face the issue of their trades not being executed properly as they often get trapped or stopped out due to market reversals triggered by 'Smart Money'.
What is the term used in the script to describe the market's immediate reaction to a trade entry?
-The term used to describe the market's immediate reaction to a trade entry is 'market reversal'.
What is the 'Smart Money' concept as mentioned in the script?
-The 'Smart Money' concept refers to the trading practices of large institutions, banks, or fund houses that trade in billions, which can influence the market significantly.
What is the importance of understanding the 'Smart Money' concept for new traders?
-Understanding the 'Smart Money' concept helps new traders anticipate market movements and avoid getting trapped or stopped out.

Outlines

00:00

😀 Introduction to Smart Money Concept

The video script introduces the concept of 'Smart Money', which is the capital of large institutions like banks or hedge funds that trade in billions. It discusses how retail traders often struggle with market reversals and stop losses being triggered, leading to losses. The speaker promises to demystify the Smart Money strategies that are currently being used by traders, which seem to cause market movements against retail positions. The video aims to be accessible to new traders and those learning about price action trading, ensuring they understand the basic concepts before moving on to more advanced topics.

05:01

📈 Understanding Market Structure and Trading Opportunities

This paragraph delves into the market structure and the importance of recognizing supply and demand zones, as well as market structure in trading. It explains the concept of 'Smart Money' in terms of support and resistance levels, emphasizing the use of 'jawns' to identify these levels more accurately. The speaker also introduces the idea of market structure, including the terms 'higher highs' and 'lower lows' to indicate strength or weakness in the market trend. The paragraph discusses how 'Smart Money' concepts can help traders avoid common pitfalls and improve their trading accuracy by recognizing changes in market character, such as breaks in structure and shifts from bullish to bearish patterns.

10:02

📊 Advanced Smart Money Concepts for Market Trading

The final paragraph of the script outlines advanced 'Smart Money' concepts that can help traders avoid getting trapped in the market. It talks about the importance of recognizing when the market is showing signs of strength or weakness, such as multiple changes in character, and how to identify and respond to these changes effectively.

Mindmap

Keywords

💡Smart Money Concept

The 'Smart Money Concept' refers to the trading strategies and behaviors of large institutional investors, such as banks or hedge funds, who are perceived to have a significant influence on market movements. In the video, this concept is central to understanding how retail traders often get manipulated by the market movements, which are orchestrated by these 'smart money' players.

💡Stop Loss

A 'Stop Loss' is an order placed with a broker to sell a security when it reaches a certain price. It is designed to limit an investor's loss on a position. In the context of the video, it is mentioned that the market often reverses direction immediately after hitting a trader's stop loss, indicating a possible manipulation by smart money players who are aware of these levels.

💡Breakout

A 'Breakout' occurs when the price of a security or index moves above a resistance level (upper boundary) or below a support level (lower boundary). The script discusses how new traders often experience the market reversing after a breakout, which can be a sign of smart money activity and a common pattern that leads to retail traders' losses.

💡Candlesticks

Candlesticks are a method used to represent price movements of a security, derivative, or currency. Each candlestick provides information about the open, high, low, and close for the time period it represents. In the video, large candlesticks are observed as indicators of significant market movements, often associated with smart money actions.

💡Market Structure

Market structure in trading refers to the pattern or framework that describes the overall trend and volatility of a market. The script mentions 'Market Structure' in the context of understanding the highs and lows formation, which is crucial for identifying potential reversal points or continuation of trends.

💡Support and Resistance

Support and resistance are levels on a price chart where the price of an asset tends to stop and reverse. Support is where the price is expected to rise, and resistance is where it's expected to fall. The video discusses how smart money concepts redefine traditional ideas of support and resistance, suggesting that these levels are not always as straightforward as retail traders might think.

💡Pattern Recognition

Pattern recognition in trading involves identifying recurring chart patterns that may indicate potential future price movements. The video mentions 'Pattern Recognition' as a key aspect of smart money concepts, where understanding certain patterns can help traders predict market reversals or continuations.

💡Consolidation

Consolidation in a financial market is a period of price stability or minor price movement after a significant price move. The script refers to consolidation areas as places where buyers and sellers are in balance, which can be important for smart money traders to identify potential breakout or breakdown points.

💡Swing High and Swing Low

Swing high and swing low are terms used to describe the highest and lowest price points in a particular time frame, respectively. In the video, marking swing highs and lows is presented as a smart money technique to track significant price movements and potential trend reversals.

💡Range Boundaries

Range boundaries refer to the upper and lower limits within which a market's price moves. The script discusses the importance of correctly identifying range boundaries to avoid premature trades that can lead to being stopped out before a true breakout or breakdown occurs.

💡Volume

Volume in trading refers to the number of shares or contracts traded in a security or market during a given period. It is a crucial indicator of market activity and can provide insights into the strength of a price move. The video implies that understanding volume can help in distinguishing between smart money moves and retail-driven price action.

Highlights

Introduction to the concept of 'Smart Money' and its impact on retail traders in the market.

Discussion on how new traders often complain about the market not following price action and failing trades.

Explanation of how the market can reverse immediately after a stop loss is hit, causing retail traders to miss out on potential profits.

Introduction of the 'Smart Money' concept as an advanced form of transaction that manipulates price action.

The importance of understanding 'Smart Money' concepts for new traders to improve trading accuracy and reduce the chances of a trade going against them.

The revelation that the 'Smart Money' concept has been around for a long time in Forex and Crypto markets and is now seen in the stock market.

Introduction of the first basic 'Smart Money' concept: Support and Resistance with a twist, using 'Jon' instead of lines for better trading opportunities.

Explanation of how 'Smart Money' avoids consolidation areas, reducing the chances of getting trapped in a trade.

The second concept: Market Structure, explaining how the market doesn't move in a straight line but in a 'Lujjati' pattern, which is a series of highs and lows.

Discussion on how 'Smart Money' identifies and utilizes the change from a bullish to a bearish market structure, known as 'Break of Structure'.

The third concept: Marking Levels, emphasizing the importance of marking weekly and daily candle highs and lows, and major swings for better trading decisions.

Explanation of how to avoid common mistakes when marking range levels, ensuring a more accurate understanding of market movements.

The presenter's commitment to teaching the 'Smart Money' concepts for free, challenging the high cost of similar courses offered elsewhere.

A promise to the audience that by the end of the video, they will have a clear understanding of the 'Smart Money' concepts and how to apply them in trading.

Introduction of an upcoming series of videos that will delve deeper into advanced 'Smart Money' concepts and strategies for capturing fast and big market moves.

A call to action for viewers to like, comment, and show interest in the content to receive more advanced concepts in future videos.

The video concludes with a teaser for the next part of the series, promising more advanced 'Smart Money' concepts to help viewers improve their trading skills.