Following smart money helps with trading. A great resource for smart money actions is The Arora Report.
Played around with the T-Line a bit and backtested it with my system. What a blessing. Looks really promissing. Whoever came up with it - thanks alot
What makes you think the average hedge fund is the smart money? Seriously. They don't perform well. Few are respected on Wall Street. Many are guys in their basements selling whatever strategy they can find clients to pay them for. I'm honestly curious what data you have that leads you to believe they are the smart money.
What access do you have to know everything to know about any company? It is not rocket science. Hedge fund managers have an army of analysts, contact with CEOs of top companies, have tens of billions in capital. How the hell can you even compete? Now, let me clarify when I refer to someone as a Hedge Fund manager, I refer to Paul Tudor Jones, Ed Seykota, etc. from the market wizards book. Compare that with the retail crowd of Wallstreet Bets. The dirty little secret they do not tell you is that most of the tens of billions earned from GME and AMC went to the pockets of hedge funds. The smart money is not those retail traders. A few got lucky to get out and get a couple of million tops. Most of the retail traders gave it all back and lost a lot.
Hedge Funds are THE DUMB MONEY Large Speculators and small Speculators are THE DUMB MONEY Small retail Traders are also THE DUMB MONEY The SMART MONEY is ONE group ONLY and they are called COMMERCIAL HEDGERS Let it be known far and wide that the Commercial Hedgers are an outstanding EDGE
The vast majority of hedge funds are small with under $100 million in capital. Of those the average capital is only $37 million. These are guys sitting in their basement hoping to make a million dollars for themselves while firing off emails to clients and selling them whatever strategy they wanted to buy. Your perception is WAY off base.