What are the advantages of the smart money concept?

[TOYIMA NAGAZAKI]

The concept of Trading Smart Money Concepts (SMC) focuses on detecting the signals left by financial institutions, central banks and large investors to determine the right time and place to start a purchase or sale operation, or to wait for opportunities without putting at risk more than 1% of the capital. These operations include a stop loss of maximum 5 pips, which allows even more significant profits to be obtained.

 

[danni23]

do you know What the diference betwen Bos and choch?

 

[waylon1]

do you know What the diference betwen Bos and choch?

Break Of Structure is a pullback continuation pattern where price continues to follow the main trend, whereas Change Of Character signifies a major reversal of the trend.

 

[Fin_Trader]

And how can such signals from large players be detected? Are there any methods or approaches for this?