Inner Circle Trader's Pro Traders Club 2012 - 2013 Series

If anyone wants a video message me. I wish he would have at least completed forexmas first lol.

What video?

I was still waiting on the 2011 forexmas videos that were never fully released :60: ones like ā€œtrading the newsā€ etc etc

This year we only really missed out on a few, and actually he even explained some like the 0050 , the ā€œORO tradeā€ and if I could take a guess i would say the ā€œlead pipe cinch tradeā€ would be a lot like what larry williams describes in his book.

I like your Avatar lol!

anyone he had out. I dont have the full collection of PTC just some. but I have just about every video he released. just in case something like this happened.

Sooooooā€¦ The next time a ā€œGuruā€ turns up here on BP there will be a mandatory requirement to publish their Fxbook account showing the last 12 mths history, otherwise theyā€™re full of the stuff that dribbles out of a bulls butt on a cold winters morning, as far as Iā€™m concerned anywaysā€¦

LO judas, OTE confluences, ICT reflection confluences, HTF resistance levels, 1.3380, 13390, short @ 1.3375

40 pips TP on order 1, waiting to see how far we go for the remainderā€¦ Targetting 1.3280 ultimatelyā€¦

Nice i tried to get an entry at 1.3417 for a position trade. o well. just looking at market structure and OTE.

jonnycab what about a retest of ~1.346 (weekly LH OTE downswing) ?

Please understand that Iā€™m not meaning any offense by this, but Iā€™m sure you must be like at least a millionaire by now? Every single day you win at least one trade, usually more. What size account do you trade?

But these tools dont work PM and no one who uses them is profitable.

maybe there should be a separate thread for flamers. just saying, itĀ“s getting distracting. x_x

IĀ“m going to stay out today with all this try and do my weekly analysis.

I also fall under the camp of appreciation for everything IĀ“ve learned, evidently not all is for me but overall itĀ“s been beneficial.

kudos to those who keep at it.

thx for the updates jonnycab ure a breath of fresh air

Haha bro, that remains to be seen.

Donā€™t get me wrong, Iā€™m being sincere in my question though. There are a few guys here who are raking in pips seemingly at will, so of course Iā€™m interested to see an ICT student dominating the market :slight_smile:

Yes, my challenge was Ā£200 to Ā£1,000,000 in 6 monthsā€¦ :smiley:

Seriously, no offence taken, I really wanted to show that there are actually guys out there who can use this stuff and make it work consistantlyā€¦ (the point of this thread IMO).

Like everyone else, I have my doubts about online forums and ā€œgurusā€. So I wanted to risk something small to illustrate whether I could make this work or notā€¦

My account started off with Ā£200 (similar size to your own account I believe), used solely to test how good this material is. from 1st September 2012 (pretty much since this thread started). I spent months prior demoing, learning, and watching all of the material on subjects presented by ICT that interested me, along with other concepts out there. (mostly the ā€œgenericā€ concepts that are nothing new per se, S&R, Fibs, etcā€¦). Lots of hard work and time spent trying to make sense of everythingā€¦

The account currently sits at Ā£350 or so, nothing wildly impressive in terms of monetary value, but a decent percentage returnā€¦ I am waiting to see what sort of value it has by the 31st August 2013ā€¦ Then I will think about increasing it. But why would I need to?

Iā€™m on the get rich slowly program (and Im one of these people who actually enjoy their day job). I am in no hurry to make a million, or even Ā£10,000, I am working off this spreadsheet (click for bigger picture) for my monthly targets:

I think its a reasonable goal to hit 1mil after 16 years :smiley:

So, plenty of room to manoeuver, should I make a string of lossesā€¦ I feel too many are in a rush to hit it bigā€¦ The counter-intuative thing is that if you take it slowly, youā€™re more likely to make more money, because youā€™ll actually be able to stick around long enough to learn how the market flows in reality, rather than analysing from the left hand side all the timeā€¦

I think if I take my time, I will make the money quicker than if I load the account up now and then panic due to the size of it, or having to worry about ā€œwhat ifsā€ā€¦

I agree 100%. No proof? Well then no truth.

Golden Words, but i think 90% of traders wanna be here think its a rich quick scheme thats why they complainingā€¦

You know PM lately Iā€™ve been thinking day trading is really gambling lol. Maybe its just me. But looking at daily market structure and looking long term has really helped me. The trades I usually lose on are the day trades I take. But when you think about it, it makes sense. That spread really does add up so why try to be in the market for 20 pips at a time?

Maybe MAYBE just maybe, ICT was a swing trader right, maybe he made his money doing that got ****y and started getting out of his element with day trading and the myfxbook.

IDK just some thoughts I had.

Looking at Long term Highs and lows and Intermediate Term ones (on the daily chart) and viewing the market from that perspective is so eye opening. Maybe it isnt about finding your inner trader. maybe its about molding yourself into a trader.

I hope I get to that level JCā€¦ one day

I agree with everything said, on both sides of the coin. Being a complete beginner iā€™ve stumbled upon some great threads on BP along with ICT and Chris Lori. Stepping into Al Brooks zone soon, right after I read up on everything ICT has. But I do believe that every one of these people have something for you to learn from, both from their successes and their failures.

What ICT showed was knowledge of his understanding of the markets. What happened over the last month is quite unfortunate, I donā€™t agree with how he dealt with the situation, but I am in no place to judge as I donā€™t know how I would act getting that much attention. He went from much adoration and respect to being flamed literally in the blink of an eye. Cynicism is healthy but he was really dealt a hard blow and psychologically thats not easy to deal with, on top of trading! I mean you shouldā€™ve read some of the things people were saying, it was soul destroyingā€¦ and that rant he did just added fuel to the fire.

So I think the next step really is to use this forum as a continuation of ICTā€™s principles - Because his lessons are valuable and insightful. Stick to what we all have in common - To be good traders.

People in general are not long term thinkers. Look at the ā€œbubblesā€ that happen in stocks. And how retail traders are always at their longest when price is at its highest. Recency bias is what they call it I think.

This is really an excellent post johnnycab.

Ladies and Gentlemen I think Iā€™ve identified our next guru :smiley: