Hi,
I don’t know what the past of ICT and I don’t care. When you find information, the important thing is to evaluate it and decide wheter is worth or not integrating it.
I don’t understand you when you say that ICT’s methods are suspicious of being “fake” and not working in real trading, that there should be “backtesting”, that his “system” doesn’t seem to work.
I think you got it all wrong, he isn’t teaching any system, he teaches concepts and tools to help you understand the market and then is up to us… He uses correctly his tools because he has a market experience and understanding that goes well with them.
The majority of his concepts are based on multiple preceding works from other people that he has integrated (and gives credit for).
I mean, he teaches S/R, Fibonaccis, market structure, correlations, swings, COT, risk management, trading styles, multi-time frame analysis, time structure of forex market, institutional flows importance, seasonal tendecys, market profiles.
Is any of this suspicious?
LOL. Fore example, how can someone say:" man, look at what this guy is saying, small ranges preceed big ranges… show me proof of that"… hahaha, Go search the Larry Williams book “Long term secrets of short term trading”, he already did the backtesting like 20 years ago!!!
I have personally learned all the concepts he teaches and guess what: I’m not trading exactly like him, because it doesn’t adapt well to my style, but I use many of the concepts.
Good luck