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The reality is, the "smart money" does NOT trade the direction on the market. The "smart money" trades only in situations where a huge move is probably going - as well as the "smart money" doesn't care which direction that move takes, since they will be positioned in order to create a profit whether the stock falls or goes up!
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You then profit if for example the stock moves up. An individual also profit when the stock moves down. And will often usually bank your profits in a subject of days, as finish up trading on volatility here, which means large moves in this brief timeframe.
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