Summary — “Something New Under the Sun”
– Purpose: a long, candid talk defending ICT’s originality and teaching, explaining why his methods work, and advising traders on mindset, practice and what to avoid.
– Originality vs. influences: He credits older traders/books (Larry Williams, Connors & others) for inspiration but argues his methods (SMT/smart-money technique, fair-value gaps, PD arrays, time-based macro ideas) are distinct, refined and practically applied to modern electronic markets.
– Core concepts taught:
– Fair Value Gaps (first-presented FVG) and PD arrays as actionable levels.
– SMT (relative strength / smart-money divergence) to time entries before liquidity runs.
– Emphasis on time-based delivery (hourly/macros, 15s tape-reading) — markets are driven by predictable, scripted order-flow behaviors, not mystical “buying/selling pressure.”
– Focus on identifying where liquidity/inefficiencies are and entering ahead of the move (not reacting/chasing).
– Practical learning path: backtest → tape-read (observe, no demo) → demo trade → small live sizing. Journal KPIs and progress; measure consistently.
– Mindset and personal development:
– Expect adversity, setbacks and internal fear; success requires patience, discipline, and self-work more than a “silver-bullet” indicator.
– Guard your trading process and don’t broadcast weaknesses; avoid hero-worship, shortcuts and chasing social-media validation.
– Accept imperfect performance while improving incrementally; aim for consistency over perfection.
– Critique of common retail practices:
– Many indicators/schools (supply-demand zones, Ichimoku, Elliott, RSI lore) are gimmicky or too subjective.
– Prop/“monetized demo” firms and excessive leverage encourage gambling behavior; better to grow one real account responsibly.
– Public posturing, fake proofs and affiliate-driven marketing often mask lack of real, repeatable edge.
– Social media & persona: He uses an abrasive persona deliberately to hold attention and provoke engagement; much of his teaching is given free and unmonetized to disarm critics and force students to do the work.
– Evidence and challenge: He claims consistent, provable calls (public examples) and invites challengers to demonstrate superior live performance; asserts his framework yields repeatable edge that others can replicate if they do the work.
– Opportunities beyond trading: once skilled, traders can monetize via streaming, signals, teaching, affiliate revenue, or institutional roles — multiple income streams reduce fear and improve trading objectivity.
– Practical tips: study 15-second / low-timeframe tape-reading to see algorithmic patterns; use daily/weekly to define bias and short timeframes to spot execution points; learn when not to trade (macro events, seek-and-destroy weeks).
– Final messages: do the hard work, journal, measure progress, avoid distractions and entitlement, and recognize there really is “something new under the sun” — a reproducible, time-based, institutional-informed approach to price that disciplined students can learn and apply.

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