Food for thought… Would like to know what you guys think on this 
Because they have no idea what they are doing in the markets. Their money gets taken away by the institutional or smart money. ‘Dumb money’ is called because they are trading against professionals.
The professionals know how to make money in the markets , thats why they are called “smart money”.
Ofcourse all this is known , who is the dumb money and who is smart.
The real question you should be asking is how do i trade like institutions or smart money?
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Sir, you can extend your answer to the question as to ‘what to do in order to not qualify as dumb money in the market?’
Become smart money
Please also enlighten us to that
We shall be grateful!!
start different thread for 'how to become smart money’
There you go 
you may not want the answer or like it , but here goes.
Dumb money thinks they can just get a computer + trading account and read some books on trading and start making money.
you want to trade like smart money, then you must go them to learn.
Go work for a brokerage or a fund house/hedge fund or work as a analyst . learn and get all the experience you can.
But be warned , you may not like it or the hours or even the pay.
Trading business has become so competitive these day and going forward, it is now very difficult to even enter into the industry.
But then again , you are passionate about trading so nothing should stop you.
Don’t think that you can just read some books or go to some forum and even pay someone to teach you to trade like a professional. That simply wont work.
Good luck.
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This is an honest answer… Appreciated 
