Inner Circle Trader's 5k To 1mil - Live Trading Tracking Thread

[pipmart]

Akea way to go man! Loving those numbers! Keep it up. Maybe you will beat ICT to a million. lol

[IyaJenkei]

I think ICT, petefader, relativity, and captain currency all have good threads. Otherwise it’s mostly the same questions over and over.

[Banker928]

I think ICT, petefader, relativity, and captain currency all have good threads. Otherwise it’s mostly the same questions over and over.

Of those… Relativity’s is the gem. He does what every trader should be doing, which is doing his own analysis… Taking a very disciplined thoughtful approach… Applying sound principles and constantly testing his own ideas.

[IyaJenkei]

Of those… Relativity’s is the gem. He does what every trader should be doing, which is doing his own analysis… Taking a very disciplined thoughtful approach… Applying sound principles and constantly testing his own ideas.

I agree wholeheartedly.

[Getty]

Here’s a snapshot of my last 7 weeks of trading… for those who are saying none of ICT’s students can duplicate his success…

Of course this is my personal equity tracker sheet on excel, so you’ll have to take my word that these values are real. If you don’t… I could care less

(if you noticed the balance has been increasing more than the P/L suggests, that is because I have been depositing $$$)

But hang on, didn’t the naysayers say ICT’s methods were of no use to anyone and couldn’t be depulicated?

And low and behold, they are consistant profits over time.

Nice work Akeakamai

[IyaJenkei]

$100,000 1% loss WILL mess with your head more than a $100 1% loss.

[Kevin_LaCoste]

Banker has yet to show his. It’s all speculative at this point.

Hehehe ouch!

Anyway, good luck ICT! There’s too much unproductive stuff going on around here. If you’re losing in the forex market, hate the game, not the playa.

[Getty]

$100,000 1% loss WILL mess with your head more than a $100 1% loss.

Thats the whole point, it wont when you believe whole heartedly in your money management stratagy that meets your risk appetite. It is a process, not an amount. People get fixated on what they could have done with that money if only they could go back in time. That is what unsettles people and throws them off.

If you havent, have a read of the turtle trader book, its got some really good wisdom in it about certain things that just click home as to why people can do this with min emotion attached.

[akeakamai]

Well… When someone has to make a glossary just to keep up with the guy’s lingo, it might be time to just start simplifying the process.

Well i’ve certainly simplified it. I use terms like OTE, SMT, and market structure but I would say the rest is pretty universal

[peterma]

Well… When someone has to make a glossary just to keep up with the guy’s lingo, it might be time to just start simplifying the process.

I just had another look at Clint’s glossary as referred to.

http://forums.babypips.com/newbie-island/49172-glossary-ict-terms-abbreviations.html

I make no apologies for linking to it.

The vast majority of abbreviations are common market terms - these terms used to drive me wild, spending hours googling, trying to make sense of them, ask any trader, newbie or seasoned, and they will confirm the same - there are also so many hidden gems in Clint’s glossary, for example - any you non UK guys think that London is the same thing as City of London? -

Or somebody says on the forum ’ I am at BE ’ and you are thinking ’ ok where has he been?’ or he says ’ check the HTF ’ and you are saying to yourself ’ wonder was that a fat finger, though H and W are’nt that close on the keyboard’.

Or the infamous ‘Judas’ - go into any bar in the above mentioned ‘square mile’ from, currently, 13.00 until 14.00 gmt and chat to some guys - mostly in late 20’s, suits but no ties, drinking diet coke and ask them - need I spell it out?

Thank you Clint for spending the time and energy in compiling such an exhaustive and helpful glossary for all us newbies - this is what is good about Babypips.

BTW (you readers knows what that means) if you have’nt a clue what I’m talking about - check out Page 1 of Clint’s thread.

[PipNRoll]

Lol… This is too funny but true…hahaha… Thanks for the laugh

I too, I am not sure what BE means before… I thought it was “Before Evening”…lol

I just had another look at Clint’s glossary as referred to.

301 Moved Permanently

I make no apologies for linking to it.

The vast majority of abbreviations are common market terms - these terms used to drive me wild, spending hours googling, trying to make sense of them, ask any trader, newbie or seasoned, and they will confirm the same - there are also so many hidden gems in Clint’s glossary, for example - any you non UK guys think that London is the same thing as City of London? -

Or somebody says on the forum ’ I am at BE ’ and you are thinking ’ ok where has he been?’ or he says ’ check the HTF ’ and you are saying to yourself ’ wonder was that a fat finger, though H and W are’nt that close on the keyboard’.

Or the infamous ‘Judas’ - go into any bar in the above mentioned ‘square mile’ from, currently, 13.00 until 14.00 gmt and chat to some guys - mostly in late 20’s, suits but no ties, drinking diet coke and ask them - need I spell it out?

Thank you Clint for spending the time and energy in compiling such an exhaustive and helpful glossary for all us newbies - this is what is good about Babypips.

BTW (you readers knows what that means) if you have’nt a clue what I’m talking about - check out Page 1 of Clint’s thread.

[peterma]

Or another little hidden gem which I just discovered on Clint’s thread - the question get’s raised often - what’s the difference in a t-note, a t-bill and a t-bond and where would I get a free chart on them, check out page 4 - he even gives the very symbols needed!

[PipNRoll]

It is surprisingly amazing how Clint can do all that to devote his time and effort to put into it. I hope he get paid for that going extra mile…just saying…

Or another little hidden gem which I just discovered on Clint’s thread - the question get’s raised often - what’s the difference in a t-note, a t-bill and a t-bond and where would I get a free chart on them, check out page 4 - he even gives the very symbols needed!

[DroneTrading]

Could you please post the link to the thread that you speak off where Clint talks about the t-note t-bond.

Or another little hidden gem which I just discovered on Clint’s thread - the question get’s raised often - what’s the difference in a t-note, a t-bill and a t-bond and where would I get a free chart on them, check out page 4 - he even gives the very symbols needed!

[system]

I included it on the first page and post of the Pro Traders Club thread.

Thanks again Clint

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Could you please post the link to the thread that you speak off where Clint talks about the t-note t-bond.

[DroneTrading]

I included it on the first page and post of the Pro Traders Club thread.

Thanks again Clint

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Thanks ICT

[akeakamai]

Akea way to go man! Loving those numbers! Keep it up.[B] Maybe you will beat ICT to a million.[/B] lol

Haha, no I don’t think that’s going to be happening. I was shooting to get to 100K in the same time though :57:

With this account, I’m capping risk at 2% per trade. If $7000 meant nothing to me (like it does for Michael) sure I’d risk 3% too. Plus I’m still juggling a FT job and trading. I dream of the day that I can put my full focus into trading…

it would be nice to land a nice win and then have a long victory nap afterwards instead of being stuck at work for 6 more hours, hah

[pipmart]

Haha, no I don’t think that’s going to be happening. I was shooting to get to 100K in the same time though :57:

With this account, I’m capping risk at 2% per trade. If $7000 meant nothing to me (like it does for Michael) sure I’d risk 3% too. Plus I’m still juggling a FT job and trading. I dream of the day that I can put my full focus into trading…

it would be nice to land a nice win and then have a long victory nap afterwards instead of being stuck at work for 6 more hours, hah

I think you will do it. You have stayed in the game even after the market smacked you around… That says a lot.

I work full time as well and its tough to manage the trading… One positive thing about the J.O.B. is that it keeps me from over trading and I only stay up to take the BEST set ups. I just don’t have time to settle for anything less… lol I think my job might actually be a good thing for my trading account…

[mastergunner99]

Have any of you considered that perhaps you are applying to much pressure on yourself. I keep hearing a lot of people wanting to quit their job to trade Forex. That’s an incredible undertaking.

Maybe just focus on getting profitable. Or earning enough to buy your hot wife that vacation she’s been dying to take with me.

Seriously though. Take Forex seriously, but take yourself lightly.

[DGB]

Yes, but we are creatures of emotion, not logic.

If I walked up to someone in the street and offered them the option of taking $10,000 today or $12,000 next year, nearly everyone would take the funds today despite losing the guarantee of a 20% gain.

Why are you so sure you will live another year? Do you hold the key to the future? Make the 12K into 50K and we have a starting point