Summary:
ICT hosted a live session discussing trading discipline, mindset, and recent live-account results. He explained why he sometimes avoids trading on high-impact news days (Nonfarm Payrolls, CPI, rate decisions), described his intraday approach, and addressed critics who question whether he trades with real money.
Key points
– Purpose: He used a real AMP futures account to demonstrate that his methods can work with live money—not to boast, but to teach students what consistent, disciplined trading can produce.
– Recent performance: Reported strong short-term results (no losing days, significant weekly gains) while emphasizing he’s not encouraging others to copy his exact risk or leverage.
– Trading approach: Focuses on a limited set of setups (notably “silver bullet” and his 2022 model), trades primarily on the 15-minute chart, and studies fair-value gaps and key candles (e.g., 6:45 and 7:45 AM) to judge buy/sell bias and liquidity runs.
– News-day caution: Advises avoiding or being extremely cautious on major news days because markets can be manipulated, making probabilities unreliable.
– Risk management: Stresses not over-leveraging, knowing your limits, incremental position sizing, and closing trades when specific technical “price decision arrays” are breached.
– Demo vs. live: Uses paper/demo to teach and preserve focus; real-money trading introduces emotional pressures that require experience. He had an accidental live trade demonstrating the importance of focus.
– Journaling and psychology: Strongly recommends private, constructive journaling (positive framing), self-awareness, patience, discipline, and resisting social-media validation or toxic comparisons.
– Handling critics: Urges ignoring trolls; real results and student successes matter more than online noise. He has no broker affiliations; uses AMP for execution.
– Practical guidance: Set realistic income goals, build from small leverage (e.g., micro contracts), expect setbacks as learning opportunities, and avoid FOMO and impulsive trading.
– Logistics: Will post a YouTube lecture on backtesting and journaling (Sunday, 9 PM ET); limited teaching availability next week due to home installations.
Overall message: Trading success comes from discipline, risk control, patience, honest journaling, and learning to navigate uncertainty—especially on big news days—rather than chasing quick wins or social-media validation.
Quiz
1) Why did ICT put real money into a live account and share the results?
A. To brag and boost his social media following
B. To demonstrate the method works in a real trading account and to teach his son
C. To advertise AMP Futures and recruit clients
D. To test a new automated trading algorithm
2) Which timeframe does ICT call his “bellwether” for intraday analysis?
A. 1-minute chart
B. 5-minute chart
C. 15-minute chart
D. 60-minute chart
3) On which days or events does ICT advise being especially cautious or to avoid trading?
A. Quiet, low-volatility days
B. Regular monthly payroll days only
C. Major macro news days such as non-farm payrolls, CPI, and rate announcements (FOMC)
D. Weekends and holidays
4) Which broker/platform did ICT say he was using for the live executions he showed?
A. TD Ameritrade
B. Robinhood
C. AMP Futures
D. Tradivate
5) What per-trade risk range did ICT state he was using on the live account examples?
A. 0.1% to 0.5%
B. 1.5% to 3.5%
C. 5% to 10%
D. 10% to 15%
Answer Key with evidence:
1) Correct: B
Evidence:
– “we were sharing some results with the a real Market and a real trading account” (0:00:54.719–0:01:06.299)
– “the reason why I did that was number one to show my son” (0:02:14.040–0:02:22.080)
2) Correct: C
Evidence:
– “a Bellwether time frame for me is like the 15-minute chart” (0:09:20.220–0:09:25.800)
– “this is all 15 minute chart based by the way” (0:09:02.160–0:09:08.700)
3) Correct: C
Evidence:
– “so I sit down on non-farm payroll Fridays…” (0:08:28.680–0:08:35.880)
– “these types of things are like Kryptonite I have to wait” (0:16:58.320–0:17:02.120)
– “like CPI and FOMC those types of things” (0:17:05.640–0:17:12.120)
4) Correct: C
Evidence:
– “the executions I’m showing right now are being cleared … that’s amp futures” (0:33:36.360–0:33:41.279)
– “I’m not introducing broker for amp … my son opened up an account with them” (0:32:18.600–0:32:28.559)
5) Correct: B
Evidence:
– “trades between one and a half percent up to three and a half percent risk” (0:34:23.280–0:34:31.139)
– “three trades with three and a half percent risk and everything else was two and a half to two and a quarter percent” (0:36:10.260–0:36:18.720)

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