PDB Academy

Academy › Glossary › Market Structure & Flow

Smart money

An informal term for professional and institutional investors.

Market Structure & FlowBeginner

Definition

Smart money is used for funds, insiders and other well-resourced participants whose positioning some traders track. PDB's Smart Money page covers insider filings, institutional holdings and congressional trades.

Watch out for

Professionals are wrong often, and public filings lag the actual trades.

Learn it in context with PDB Academy

Guides, short videos and a plain-English glossary in one place, with tools to try each idea on real market data. The basics are free.

Create a free accountOpen PDB Academy