ICT Shotgun Saturday – Destination Excellence | July 1, 2023

ICT—argues that true excellence in trading is not about having more tools or being “right” on every trade, but about how you manage yourself: discipline, patience, risk control, and accepting “enough” rather than perfection. He explains he built many methods early on (to overcome fear), but stresses students should specialize, study deeply (give a model 2–3 months, a year for seasonal perspective), journal, and cocoon themselves from distraction and social-media shortcuts. He warns against quick-fix gurus and chasing every new technique, saying those shortcuts may make money short-term but won’t create long-term, consistently profitable traders. He plans to stop teaching publicly in November to force students to use what they have and become independent. He defends concepts he teaches (PD arrays, order blocks, fair-value gaps, etc.) and says they work when properly applied. He also candidly shares the personal cost of pursuing excellence—sacrifice, failed trades, emotional strain—and urges acceptance of that process. Finally, he issues a broader caution about coming social changes (digital currencies with controls, “climate lockdowns,” rising instability) and urges being prepared and able to earn from home.

Quiz

Q1. How many PD arrays did ICT say he has created and utilized over the years?
A) 12
B) 45
C) 81
D) 120

Q2. When did ICT say he plans to “set sail” / depart from doing this kind of one-on-one content?
A) End of December
B) Second week of November
C) Next January
D) Mid-July

Q3. According to ICT, how long does it take to have “a full Baseline” and some measure of understanding of the marketplace over a calendar year?
A) One month
B) Six months
C) One full year
D) Five years

Q4. ICT states that excellence in trading primarily comes from:
A) Having the right tools and processes
B) Owning many entry methods
C) How the trader handles themself and engages the market
D) Always being perfectly right

Q5. How long does ICT recommend you spend studying a single model/method before judging its effectiveness?
A) A few days
B) Two to three months
C) One week
D) Two years

Answer Key:

1: C
Evidence: “I said well you know I have 81 specific PD arrays that I utilized over the years to frame a entry” (timestamp range: 0:02:06.840 – 0:02:15.480)

2: B
Evidence: “when I you know set sail in the second week of November” (timestamp range: 0:03:54.720 – 0:04:00.840)

3: C
Evidence: “but in one full year you will have a full Baseline” (timestamp range: 0:09:01.080 – 0:09:09.320)

4: C
Evidence: “the Excellence in this industry is not from the tools it’s not from the process … it’s how you as the operator you the traitor handle yourself and engage the market” (timestamp range: 0:05:09.060 – 0:05:27.900)

5: B
Evidence: “you should at least spend at least two to three months with it” (timestamp range: 0:43:45.660 – 0:44:03.900)

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *