Ict

[yunny1]

Of course you don’t, because you take this forum seriously, LOL

No, come here just for fun

And what reward do you get for being a good little boy? hmmmm?

making fun of guys like you/ICT :D:D that is my reward…

[BatterRam]

No, come here just for fun

making fun of guys like you/ICT :D:D that is my reward…

So we make fun of each other? lol

Now that’s a system that works!!

[BatterRam]

What are you talking about? I made a million dollars yesterday… and I am willing to offer as much proof as you.

I think the reality is that you know I am right, and you can believe me because were both profitable!

I don’t believe you, but also I don’t care. I guess that is the distinguishing factor eh?

[IyaJenkei]

[QUOTE=“ILovePizzaMore;490027”]

Dude… Trading is entirely a mental excercise.

Lets put it this way…

If you are a blue collar dock worker, where your pay is based on picking up heavy bags of concrete and carrying it by hand from the warehouse to the boats… Who is going to make more money… The 120 pound slight of build vegetarian… Or the 250 pound former football all star?

Likewise the mind is a muscle, some have weaker minds and some have stronger minds… And in a solely mental excercise… Who is going to have the advantage?[/QUOTE]

You’re not a very smart, smart guy I’m a 120 lb guy doing the job of a 200 lb. I would memorize all the products I was running and where they were at in my first cycle. And instead of just doing one at a time I would 5 if I could. I ended up being one of the fastest guys at that job. Not because I was big or strong or even that fast. It was because I was smarter and I used it to my advantage. I almost got fired in my first 6 months.

I don’t do that job anymore I switched when I could.

[yunny1]

So we make fun of each other? lol

Now that’s a system that works!!

Yeah… not like the ict BS :D:D

[ILovePizzaMore]

[QUOTE=“IyaJenkei;490051”]

You’re not a very smart, smart guy I’m a 120 lb guy doing the job of a 200 lb. I would memorize all the products I was running and where they were at in my first cycle. And instead of just doing one at a time I would 5 if I could. I ended up being one of the fastest guys at that job. Not because I was big or strong or even that fast. It was because I was smarter and I used it to my advantage. I almost got fired in my first 6 months.

I don’t do that job anymore I switched when I could.[/QUOTE]

Yeh… So your saying you being smart helped your work…? gasps

[Bitterseatrader]

I don’t believe you, but also I don’t care. I guess that is the distinguishing factor eh?

I guess champ, good luck with your trolling. I know it means a lot to you these days.

[piptronix]

Well ButterBum got banned quite quickly, I guess the police are onto him now.

I guess champ, good luck with your trolling. I know it means a lot to you these days.

[Bitterseatrader]

@piptronix

Well ButterBum got banned quite quickly, I guess the police are onto him now.

He’ll be back, its not like he has anything else to do.

Take ICT for example, he makes $150k a month and donates $1m a year to charity, leaving him with $800k before tax and he has been doing this for 20 years, making himself millions. He’s going to stop trading once he hits $25m and according to him he’s only a couple years away.

So one day he is bored, and decides to share his knowledge with the world, spending three years teaching people he has never met, “how to trade” until eventually he decides to prove to his followers how easy it is (THE FINAL TEST).

But wait, he needs to teach everyone one last lesson, a lesson about loss. So he deliberately burns the account to show what “bad” traders do, but to his surprise!!! the Babypips community doesn’t understand??? WHAT??? <hulk smash>

Now he is very annoyed, so he deletes his videos and goes off to sulk. He thinks to himself, well rather than count my millions or go on a holiday I am going to show those people (I don’t know at all) how much better I am, than they are. So he has a website built (keeping to a budget, don’t want to waste any of his millions) and starts trolling the babypips forums to show everyone how awesome he still is, because people who are millionaires need the approval and respect of randoms on forums.

The story of ICT - The End

ICT forecast growth till retirement:

[BayernMunich]

LOL, this is quite possibly the most entertaining thread on this forum! I know some guys hate all the constant whining, but really, it’s utterly good entertainment at an affordable price

How funny is it that Aaron never tires of berating all of us, yet cannot scratch together a quick myfxbook for even 1 month’s worth of the ridiculously profitable trading he has been experiencing of late? Yes, I know, he has nothing to prove! But if he really wanted to silence all the critics, why not just shove it down their throats by simply producing a basic set of results. I mean really, is it that hard?

Even I can trade ICT techniques profitably for a month or two, would anyone like to see?

[BayernMunich]

I’ll take the test for the sake of being consistent and not being affraid to voice my point of view. I would try to help anyone I could to improve in their trading (or any other life pursuit) if my own time permitted. That tells you more about my character than my answer to these questions.

1. Yes. I have questioned this a couple of times, but if forced to answer, yes, I think he is who he says. I base this opinion on the presentation and analytical skills I’ve seen him demonstrate and the ease that he was able to discuss his perspective and think on his feet with. ICT has professional quality presentation and analytical skills in my view.

2. I will say this: I’ve studied one of the trades that blew up over and over again. It was one of the Draghi speach trades in early February when fiber went down. His FXbook performance defies logic to me. If he were using the tools he taught, he would not have been on the wrong side of this trade. I’ve heard him discuss his opinion regarding the market several times, and he’s usually right. So no, while I do not know what happened, I do not believe his performance in the challenge reflects his true skill as a trader. Was it on purpose? Only he knows for 100% cetrain.

In a some videos ICT’s personal wealth were mentioned by him to the effect that he made sufficient income from trading that he didn’t need to charge for teaching.

My belief is that he is a full time trader and since he never has asked for or any payments it’s therefore probable that he is making a living from trading.

I’m not aware of any actual claims of particular wealth or success, certainly not aware of any such claims on the videos, but maybe in the posts - I just don’t know.

The Myfxbook thing was a sideshow for me, one that I had no interest in. I never logged into it, I recall reading the thread at most twice near it’s end and posting once.
At the very beginning of that exercise one of our own posters on the regular thread mentioned that ICT was going long fibre (or maybe short) - this information dumfounded me totally, it was against everything that was in the ICT videos from the past 3 years - from that moment I decided that that particular thread was not for me.

Do I believe the account drawdown was deliberate? - not a notion, I’ve absolutely no idea and indeed no opinion and zero interest, a challenge account occurred in the old videos - my interest in that was equally zero.

The purpose of the myfxbook thread when being announced I never really understood in the first place so perhaps I was biased against joining in from the start.

Just read the second post Bayern, that’s the big problem, I am a market follower.

I am of the opinion that ICT also follows the market, hopefully all you guys do too.

There is one enemy, he/she has greater resources than us, he/she has better information than us, I will learn from anyone, regardless of who they are, if I judge that that person can better inform me of my enemy.

If I am an ‘ICT follower’, then I am also a ‘follower’ of a very long list, some of whom have excellent threads on babypips, others who have been life long traders and others who have started out more recently.

You see, one time I posted that each day before trading I exorcize all bias - this give me freedom to see the charts fully, for me it’s the same with learning - I then can better judge all teaching material.

Thanks guys, I appreciate your responses.

I’ll be perfectly honest with you… I do believe ICT is a trader. However, I do not in any way believe the highly illogical claims he has made regarding his wealth. I say highly illogical because if he were as successful as he claims (“making 30% a month is easy”, “turning $5k to $1m in three years is easy”), then he’d be the absolute richest individual on this planet, plain and simple. I think he exaggerated grossly, and it was probably one of the most significant contributors to his eventual downfall. The proud are always brought to their knees eventually.

[IyaJenkei]

not true. they dont provide an edge and youre too stupid.

LOL, this is quite possibly the most entertaining thread on this forum! I know some guys hate all the constant whining, but really, it’s utterly good entertainment at an affordable price

How funny is it that Aaron never tires of berating all of us, yet cannot scratch together a quick myfxbook for even 1 month’s worth of the ridiculously profitable trading he has been experiencing of late? Yes, I know, he has nothing to prove! But if he really wanted to silence all the critics, why not just shove it down their throats by simply producing a basic set of results. I mean really, is it that hard?

Even I can trade ICT techniques profitably for a month or two, would anyone like to see?

[BayernMunich]

not true. they dont provide an edge and youre too stupid.

Thanks Iya, that is enlightening.

[Sweet_Pip]

Even I can trade ICT techniques profitably for a month or two, would anyone like to see?

Well…since you offered, give it a go…:13:

[IyaJenkei]

what are you doing? LO? I disagree with Aaron on Asian not being profitable or as profitable. All depends on how you look at it and what you risk. It doesnt seem like asia likes to make new highs or lows…

Well…since you offered, give it a go…:13:

[BayernMunich]

Well…since you offered, give it a go…:13:

I would be happy to. If people start assuming that I’m ICT though, I will rage quit.

[Bitterseatrader]

what are you doing? LO?

Iya why do you spend so much time defending ICT and Akeakamai? Are you profitable with the ICT tools? You keep arguing the value of the tools but on what basis?

[Sweet_Pip]

I would be happy to. If people start assuming that I’m ICT though, I will rage quit.

Just don’t say “Coming Summer of 2013” or some such annoyingly distant start date…:34:…no time like the present

[IyaJenkei]

Iya why do you spend so much time defending ICT and Akeakamai? Are you profitable with the ICT tools? You keep arguing the value of the tools but on what basis?

Maybe I am ICT and Akeakamai…

Doesnt matter does it? If I say yes you wont believe me. If I say no you’ll tell me that it’s the tools. It obviously couldnt be because I’m only 11 months into my trading career. Or because I’ve hopped around so much instead of staying consistent and looking for the same thing everyday.

I never traded the tools consistently. Being perfectly honest. How I thought you were supposed to do it in the beginning was like he did in his video’s. Just look for confluence. So if I saw a sharp move down in the london open into an OTE or reflection at a big figure I got in. Then the next day if I saw SMT divergence in the london open on a sharp move I got in. This made me brake even. I never risked more than 1% but in all honestly I think I was scared because I didnt trade much. Plus I would play video games lol like halo or wow instead. I trade a $500 account, live. I would get up $30 then lose $45 then make $20 and then lose. Just back and forth to my $500. Then idk day trading, takes a lot of attention and at the time I wasnt willing to work. So I started to think about a position trade strategy. So I take some of the long term tools like COT and market structure. I get in on the GBP in december I think. I ride it for a few months. And everything is good. So I decide thats what I wanna do. 3 maybe 4 big trades a year. I have my account split into 4 sub accounts. So I could still practice day trading while I have a position or swing trade on. That damn FIFO rule. So then mastergunner comes along. And I think “hey what if I can just peg those tools to EVERY pair”. Money. And that’s where I’m at now. I am in the red $68 on a $500 account. Although I have $50 in unrealized gains. I am working on it. I use the COT and market structure to determine my bias(stuff i learned about from ICT). Obviously all my losses are due to the tools.

I disagree I think recently my losses have been from the pairs in a range or changing direction, also my stop losses were way to tight for this and I was entering on strength then price would pull back and stop me out. Ive ironed that stuff out I think. So we’ll see. If I’m still slowly losing money in a few months I’ll give it up and try something else.

The reason I defend them? Because everyone is ganging up on them lol. I like Aaron. I liked Michael until he threatened me for trying to help people. Now I’m more impartial to him. I don’t stick up for him I stick up for support and resistance, kill zones and the 62-79 % retracement levels. Just about every single tool he showecased was in the babypips school. So it’s fine to talk **** about them but I dont ever see anyone bash that “school”. Quite the opposite I always see everyone ushering people to it.

It does make me wonder about MG99’s method. Everyone else is making money…so maybe it is my ICT tools…

[BayernMunich]

I’ve got a quick question about ICT: Why did he always call people “bub” whenever he was irritated or upset? Unfortunately, I am not well-versed in American speech arts and other linguistic creations, so what exactly does that mean?