It is not demo money. It is real money he has put in there.
If it is a lesson he is trying to teach us, then it is a pretty screwed up way of teaching it, unless it is to make us use our own judgement only in spite of all outside inputs. He has closed out the day -12.4%. I think his max loss was 6% in a day??
I am happy now I think continuing with how I was trading before spending time here. Much less than many others, but I am bloody happy with my 2.77% effort today (2 trades now. AJ long just closed)
IMHO he is sooo goood that he will make this -10 to +30 this month easy. I always thought hes the best in the world and i think he is. You just watch how NO1 trader in the world shows the impossible!!!
I think he is showing us how not to trade. Remember that jade story he told. He is giving us a rock right now, and I can tell it is a rock. I think I am learning.
Thank you for posting a quote by Bob Grant. I no longer feel old. Donāt you think itās a little early for this. Iām not being mean, but the contest is only a few weeks old.
If anyone of you still think this is some offbeat education, you really sound as if you are willing to justify anything he does wrong. Thatās why people make reference to the fact that this is cult like.
This has become a joke that Iām even laughing. He says heās serious then flops. He says the jokes over and heās continuously losing.
Had I invested time into learning from him, I would be livid. I get why you have to justify now.
Sighā¦ Well if Iāve been duped then I am honestly sad. I really do benefit from what ICT has taught me, although I donāt have anything to show for it. I am just upset that things turned out this way. I still canāt shake the feeling that something isnāt right though, but at the same time, it just doesnāt make sense that he would joke about it.
I respect your opinion and what you have been contributed in this forum and so as everyone else. I am trying to weight in the discussions and most have a valid points.
However, why donāt we give a man (ICT) the time that he needs? Why we donāt review the performance in 3 months or 6 months? I am sure by less than a year (this year) we will find out for sure of what everyone is hoping to see or not.
Would you cashing in your Appleās stocks, your 401K, mutual funds, and any other investments (I am just using this as an analogy) in just a few weeks of bad performance? It is still premature at this point in time unless he already blown out the account then his done.
Investing in the market and speculating currency markets are two different things.
However, if Apple had a presentation and came out with the latest greatest device, letās call it the iPen, a revolutionary pen that writes itself when you speak to it, and when the product is delivered its a regular number 2 pencil with a broken tip, and then they just say, we were kidding we will send out the real thing now, but now itās a magic marker that is dried up, I would not only sell all the stock I owned, I would short sell the hell out of them.