Do You Know Where Your Money Is? | September 1, 2023

Summary:

ICT issues an urgent warning about imminent financial and social disruptions and gives practical preparedness advice.

Main points
– Recent event: a funded prop‑firm was shut down and clients can’t access funds. This illustrates a wider risk: money held by third parties (prop firms, some banks, or digital platforms) may become inaccessible.
– Action on profits: don’t leave earnings parked where you can’t touch them. Withdraw profits regularly (weekly/bi‑weekly or at least every ~20 days) and move funds to a real brokerage or into usable, tangible forms.
– Convert risk-prone holdings: diversify and consider turning some money into tangible, usable goods (non‑perishable food, OTC medicines, clothing, shoes, household supplies, furnace filters) rather than luxury spending or flashy items.
– Short‑term cash and logistics: keep some cash at home (suggested $2,500–$3,000), keep vehicle fuel above ~¼–½ tank, and maintain stocks of water and filters.
– Stockpiling guidance: aim for multiple months of non‑perishables (3 months minimum; likely more needed). Cycle and replace what you use.
– Beware of tech/banking risks: be cautious with crypto, CBDC controls, banks that can “debank” you, and digital surveillance (phones, tracking). Don’t assume decentralization makes assets immune.
– Personal security and behavior: stop flaunting wealth on social media, be discreet, prepare for possible civil unrest, home invasions, supply shortages and higher prices (canned goods tariffs, supply chains stressed).
– Mindset & family: prioritize feeding and protecting dependents, take care of medical needs and household basics now; organize daily actions toward preparedness rather than chasing clout or reckless trading.
– Tone: this is a call to urgent, practical preparation (not panic). The speaker hopes to be wrong but urges listeners to act now to hedge risk.

Bottom line: know where your money is — if it’s not accessible to you, treat it as not yours — and convert some financial gains into tangible supplies, cash, and safer accounts to protect your household against likely near‑term disruptions.

Quiz

1) According to ICT, what should you do with money as you make it from trading?
A. Reinvest all of it back into the funded account to grow faster
B. Withdraw it regularly (weekly/bi-weekly/monthly) and take it out of the platform
C. Keep it in the funded account as a cushion for larger trades
D. Spend it on luxury dining and showing off on social media

2) What did ICT say happened to the funded-account firm he referenced?
A. It expanded into new markets
B. It had regulatory/authorities’ intervention and its operations and payouts were locked up
C. It issued large bonuses to traders
D. It merged with a major broker

3) Into which of the following did ICT recommend converting earnings (making them tangible)?
A. High-end watches and flashy jewelry
B. Crypto tokens and NFTs
C. Non-perishable food, over-the-counter medicine, clothing, shoes, and household items
D. Long-term CDs and bank deposits only

4) How much cash on hand did ICT suggest you should have available and spendable right now?
A. $100–$500
B. $10,000–$15,000
C. At least $2,500–$3,000 in new spendable cash kept in your house/pocket
D. No cash; keep everything in the bank

5) What was ICT’s characterization of cryptocurrencies like Bitcoin?
A. A completely decentralized safe-haven asset regulators cannot touch
B. A long-term guaranteed store of value immune to manipulation
C. A large psyop/scam and vulnerable once futures/contracts and institutional mechanisms are applied
D. The best way to keep your money safe from government action

Answer key and evidence:

Q1 Answer: B
Evidence: “stop thinking about getting rich… as you make it take it out weekly bi-weekly once a month whatever… you better be taking money out every single 20 days or more” (around 0:23:16–0:23:36 and reiterated later 0:43:16–0:44:20).

Q2 Answer: B
Evidence: “there was a funded account company that … had the hand laid on them and everything got locked up and they can’t do anything I can’t touch any of the money they can’t pay out they can’t allow you to trade they can’t operate as a business” (around 0:02:34–0:02:56).

Q3 Answer: C
Evidence: “I would be taking that [money] and turning it into tangible things like non-perishable food, over-the-counter medicines, clothing, shoes, household things that you need” (around 0:20:31–0:20:46).

Q4 Answer: C
Evidence: “get some cash on hand as much as you feel like you should have on here I think at least twenty five hundred dollars three thousand spendable right now put it in your pocket new cash put it in in your house somewhere” (around 0:30:34–0:30:44).

Q5 Answer: C
Evidence: “that’s the biggest [__] scam frauding piece of [__] operation they’ve ever pulled on anybody it’s a psyop… once you put a Futures Contract on it your unicorn lost its horn” (around 0:40:36–0:40:42 and 0:41:17–0:41:27).

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