Summary:

– ICT explains why he didn’t call out every detail during a complex, focus-demanding PM session: the price action was very choppy and required undivided attention, and such environments are stressful and not suitable for most traders to trade in.
– He emphasizes studying live annotated examples (screenshots/video with commentary) and journaling trades—this is the best way to learn to recognize repeatable setups and build intuition.
– Key teaching: trade only in high-probability conditions (low-resistance liquidity runs) and avoid trading when the market is neutral/choppy. When unsure, “sit on your hands” — don’t force trades.
– Practical workflow: mark specific price levels and candles, screenshot and annotate them, then backtest and review. Specific ES daily levels he highlighted to watch: 4030.75 (recent target), sell-side pools near 4000 / 3996.75, and a favored downside level at ~3982.50 (derived from Jan 13 wick midpoint and Fibonacci). Also track Jan 13 low and Jan 9 high.
– Risk & position management: prefer pyramiding from a larger initial partial (example model: 6 → 3 → 1 to build to ~10 contracts; experienced traders may scale to 18). Beginners should start with one contract and learn scaling gradually.
– Psychological guidance: recognize three roles inside a trader—analyst (model/rules), trader (manager), gambler (emotion). Suppress the gambler, follow the analyst, and refuse to trade for ego or social-media clout.
– Critique of social media: many “gurus” post replayed/cherry-picked content; live documentation and annotated study are what actually teach repeatable skills.
– Outcome promise: with disciplined study and practice you’ll learn to identify biases and execute profitable setups (expect to reliably find at least one meaningful setup per week), though it takes time and effort.
– Logistics: he’ll be offline tomorrow morning and plans to reconvene in the PM session; students should study the named daily levels through London and into the next session.

Main takeaway: prioritize annotated study and journaling, trade only when the market presents clear high-probability signals, manage risk and pyramid slowly, and cultivate discipline to sit out unfavorable, choppy conditions.

Quiz:

1) Why did ICT say he was not pointing out specific levels during the PM session?
A. He forgot to prepare charts.
B. He was engaged and it was very focus-demanding, making multitasking difficult.
C. He didn’t want students to copy trades.
D. The market was closed.

2) Which method did ICT call “the highest form of journaling”?
A. Keeping a handwritten notebook of trades.
B. Recording yourself trading and annotating the chart (fluid entry, management and exit).
C. Saving broker statements monthly.
D. Relying on market replay videos.

3) What pyramiding entry sequence does ICT describe as his common model?
A. Start with one contract and double each subsequent entry.
B. Start with six contracts, add three on the second entry and one on the third (three positions pyramiding to ~10 contracts).
C. Always trade a single contract only.
D. Use random position sizes depending on mood.

4) What is ICT’s stance on holding positions over the daily trading break / overnight?
A. He prefers holding overnight to capture large moves.
B. He avoids holding overnight because of unpredictable gap risk.
C. He holds overnight only on Fridays.
D. He uses overnight holds only for small accounts.

5) When the daily chart shows no clear high‑probability directional bias, what does ICT advise?
A. Increase lot sizes to force a profitable outcome.
B. Sit on your hands — be patient and avoid trading until probability improves.
C. Copy whatever social‑media gurus are posting.
D. Remove stop losses and hope for recovery.

Answer key with evidence:
1) Answer: B
Evidence: “Well, obviously you can see by my recording, I was engaged and it was very focus demanding.” (0:00:34.320–0:00:42.960) and “it was very uh very hard for me to you do more than one thing at a time…” (0:00:45.040–0:00:55.120).

2) Answer: B
Evidence: “That fluid entry management and exit that is absolutely the highest form of journaling because you’re actually doing the process. You’re annotating the chart as it goes.” (0:03:46.400–0:03:56.319) and “Once you do it a few times … it’s a great way to journal too.” (0:03:20.640–0:03:29.760).

3) Answer: B
Evidence: “The one I go to for all of you most of the time is I start with six contracts and then I’ll split that for my second entry to pyramid by position. I’ll go in with three contracts dropping that down into one contract on my third partial. So, I’m pyramiding in three positions to one trade to a 10 lot or 10 contract position.” (0:16:25.040–0:16:48.720).

4) Answer: B
Evidence: “Admittedly, I don’t like to hold over during that break because anything can happen… And that’s what makes me love more than anything now that I am a proficient day trader in not being willing to hold overnight. I don’t I don’t want to do those types of things anymore. It’s too much risk. The gap risk in doing that…” (0:13:46.959–0:14:11.519).

5) Answer: B
Evidence: “I don’t have a clean read on a directional bias… I can see no real easy directional reach … I’m neutral… I have no idea what to expect going into tomorrow.” (0:39:30.960–0:40:14.720). And: “Where am I in terms of my analysis? I’m in a position of paralysis. I can’t make a call. So if I can’t make a call, I have to sit on my hands and do nothing.” (0:50:54.000–0:51:06.800).