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Follow the (Smart) Money

10/16/2017

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I watched a video today from Johnny Seville at Acorn Wealth Corp. whom I have been following for years.  Below are a few screenshots.  Smart Money company insiders quietly accumulate stock before it moves up sharply.  The points he emphasizes which apply to all financial markets:
  1. Smart Money quietly buys at the low
  2. Keep it simple
  3. Protect your profits by taking money off the table along the way and move your stop loss up behind price as you go into profit to lock in gains
  4. Find a repeatable edge and wait patiently for conditions to set up instead of jumping into the market by watching your screen all day

Here is the link to the You Tube video:     https://www.youtube.com/watch?v=eWImcWOkFQg

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