What Every New & Or Aspiring Forex Trader... Still Wants To Know

ICT do you use daily or weekly fibs?

Risk Management online

I do among other time periods as well

Hi Michael

Firstly, can I add my thanks for these highly instructive, insightful and eye-opening videos. You certainly have a knack for getting your points across powerfully and memorably. I’ve really enjoyed working through each one (repeatedly!) and I’m definitely looking forward to the rest.

Your descriptions of ā€˜how not to do it’ resonated powerfully. Luckily I’ve only recently begun demo trading and so the bad habits haven’t become ingrained. Needless to say, I’ve stopped all demo trading (bar your daily EURUSD exercise). Stripping everything away from the chart does make it possible to ā€˜see the wood for the trees’ as you say yourself.

Incidentally, I wanted to research the Kelly Principle as mentioned in the Risk Management video. I found some useful results by Googling ā€˜Kelly Criterion’. Might be worth knowing for others who want to look more closely at this - and I certainly think it’s worthwhile.

Thanks again and GLGT :slight_smile:

Dave

Another good video, looking forward to the next.:smiley:

I agree, very good video ICT.

Cool video, nice to see.

great video ICT. I’m also going through james16 thread and although it seems quite good some people have doubted the credibility of that guy. Do you think it’s worthwhile to go through that 5000+ page thread as it could take weeks and I wouldnt want to waste that much time when I could be reading other useful information

Another great video ICT, thanks again!

You mentioned before about corrections, so on the page "Account Risk"
the line that starts with ā€œ[B]Risk per Trade is[/B]ā€ shouldn’t 5,000 be in braces instead of 500?

eg: you have $100USD([B]500[/B]x0.02)

:slight_smile: yes thank you for bringing that to my attention. I read it in my own words and my mind fills in the voids and errors… I have a few others in this video and the previous I am doctoring up… when I have I will post the next video on Support & Resistance… this topic has multiple videos and will require time and foundation, as I intend to cover it as completely or in the best of my ability, let’s just say that lol.

I wouldn’t call James16 a scam.

this website is famous.

It is a good thread although James himself is a mysterious and secluded person.

There’s a lot of good information there though and there’s no need to join the private forum, the free public thread is enough.

Pay attention especially to the most skilled posters like mbqb11, raczekfx and a bunch of others.

Also, you don’t need to go through the entire thread, maybe the first 10-15000 posts or so and you’ll have a good idea of what it’s about.

I didn’t call him a scam, just was in two minds about it because of another thread at FF

thanks that makes it slightly more bearable :smiley:

Anytime :slight_smile: Everybody including myself knew exactly what you meant still. Can’t thank you enough for all the time and hard work you put into all those videos.

hey ICT what happened to your forum site? I haven’t been there in a while and just noticed it isn’t there. Or else I just can’t get to it for some reason.

LOL!!!

this website is famous.

No ā€˜sh1t’!!!

What kind of post was THAT??? LOL!!!

Regards,

Dale.

A ā€˜my-first-post-ever’ post, lol!

This might just be the best thread that ever happened in BP. Great work ICT.

Geez!!! Another ā€˜blast from the past’!!! Hey chizzenpips!!! How ARE you and where the ā€˜f*ck’ have you been???

Regards,

Dale.

This website is famous LOL I was wondering about that post myself WTF was that?