Summary:

– Purpose and schedule: ICT’s launching live mentorship sessions beginning February 7, 2023 (YouTube/Twitter). Sessions will be frequent (about twice weekly) and focus on real-time chart work, narration, and top-down analysis.

– Teaching goal: Build a clear, repeatable blueprint for profitable trading by teaching tape/price-action reading (not indicator reliance). The aim is to make students independent traders, not copycats.

– Market & timeframe: Instruction will use one primary teaching medium — the E-mini S&P (ES). Focused intraday trading window: New York session, roughly 9:30–noon (most setups resolve by ~11:00). He’ll show how to translate the lessons to other instruments/timeframes later.

– Methodology: A top-down workflow — weekly → daily → intraday (1–5 minute) — with emphasis on PD arrays (order blocks, fair-value gaps, old highs/lows, volume imbalances) as the structural guides for entries, exits and narrative building.

– Risk, size and money management: New traders should use very small, controlled risk (he suggests ≤1%, often much less — e.g., 0.5% or micro sizes). Use demo environments to practice with realistic stops before risking live capital. Never chase or over-leverage to “fix” drawdown.

– Psychology & discipline: You must know yourself (impulses, fear, greed), set clear goals and daily limits (when to stop), and learn to accept and manage losing trades. Journaling and disciplined self-talk are crucial to rewire behavior and reduce anxiety.

– Expectations & timeframe: Learning to read price and internalize the method takes time — expect months to a year (not weeks). He promises unique, repeatable lessons but does not guarantee constant monetary profits.

– Behavior & community guidance: Don’t publicly broadcast or copy trades; avoid distractions like social-media posturing and “chasing the Joneses.” He discourages relying on other people’s screenshots, hot-takes or short-term signal-chasing.

– Practical format: Live sessions will show chart annotations, forecasted levels, and reasoning for bias. If you can’t watch live, reviewing the recorded live charts and doing the post-session case study/hypothetical entries will still teach the same lessons.

– Scope limits: He will not focus on crypto and will limit teaching primarily to ES (though the concepts apply across futures, FX, stocks). He won’t hand-hold or provide “quick-fix” systems — students must show up and do the work.

– Teaching ethos: He values long-form demonstration and iterative learning (many small building blocks). He will show when his analysis fails and how to respond unemotionally; the goal is to remove bad habits and reduce self-inflicted losses.

Bottom line: commit to the year, trade one market and model, practice in demo with strict risk limits, journal and develop discipline. The mentorship will walk you through top-down price-action methods, live examples, and emotional management so you can learn to read the tape and build a durable trading approach.

1) When does ICT say the live mentorship sessions will begin?
A. January 2, 2023
B. February 7, 2023
C. March 1, 2023
D. April 15, 2023

2) Which market does ICT choose as the primary teaching medium for the year?
A. Forex (EUR/USD)
B. Crude Oil
C. E-mini S&P 500 (ES)
D. Bitcoin

3) What daily time window does ICT set as the primary intraday trading focus for the live sessions?
A. 7:00–9:00 New York time
B. 9:30–noon New York time
C. 1:30–4:00 New York time
D. 3:00–4:00 New York time

4) What maximum trade risk does ICT mention hypothetically for the setups discussed?
A. No more than 5%
B. No more than 2%
C. No more than 1%
D. No more than 0.1%

5) Which analogy does ICT repeatedly use to explain how traders should build their trading model?
A. A musical composition
B. A home (choosing the house/style you’ll live in)
C. A car race
D. A scientific laboratory

Answer Key
1: B
2: C
3: B
4: C
5: B

Evidence from the transcript (with timestamps)
1 — Live sessions begin Feb 7, 2023:
– “the live sessions that will begin February 7th 2023” (0:01:59.759–0:02:06.000)

2 — Teaching medium: E‑mini S&P 500:
– “I’m choosing to trade only the standard and poor is 500.” (1:51:09.660–1:51:15.059)

3 — Primary intraday window 9:30–noon (New York time):
– “we’re using the es the e-minning s p that’s our Market and we’re focusing our attention on 9 30 to noon” (2:50:51.540–2:51:03.180)
– “this is your window this is what you’re focusing on … shade that all the way over to noon” (2:57:43.319–2:57:46.560 / 2:58:28.380–2:58:37.080)

4 — Risk no more than 1% hypothetically:
– “and we’re risking no more than one percent hypothetically if we’re looking at the moves” (3:00:36.120–3:00:41.040)

5 — Trading-model as a home analogy:
– “consider your successful trading your successful Endeavor as a Trader much like a home” (0:02:46.019–0:02:55.500)
– “your trading system … it needs to have a structure … what type of house do you want” (0:02:51.120–0:03:01.860)