The strategies and tactics employed by major institutional traders and market players to spot and profit from trends and market inefficiencies are referred to as “smart money concept “in the forex market. These traders, who are frequently referred to as the “smart money,” have substantial resources and knowledge, which enable them to have an impact on the market.This forex book is a straightforward, handy way using smart money to keep track of the particulars of your trading strategy, objectives, and trade history.You can hone and solidify your trading techniques and trading mindset by outlining and reviewing on a regular basis your own personal rules of engagement and previous deals. Whether you’re a swing trader, day trader, pip scalper, or long-term trader, you can lower risk and increase your chances of success.