My proof of consistent profitability is on the Part 1 (previous post) of this AMA post, where you have password to log in my account to see my performance with investor password and others.
Ict is not just technical analysis like other trading methods. Michael describes it technical science. He says it’s the PHD level equivalent of trading knowledge and I don’t think that’s too much of an exaggeration as even most professional traders (high formal education) can’t get access to 80% winrate, though it’s possible with ICT (using many confirmations).
Older sources of information before knowledge spread better among traders because of increase in today’s knowledge, say that most professional traders (like some working for banks) would achieve up to about 60% winrate. You can research on this. They should be improved by now though, as with everyone else as some traders are getting more smart to try and oppose the masses’ trading strategies.
Now remember that y persuit for perfection and the trap of an ICT trader trying to master his vast and impressive knowledge of the markets delayed my profitability in trading. I could have just continued to trade SMC in 2021 and probably been profitable then.
I also could have just continued trading CFDs profitably from April 2023 were I had introduced something to try and compensate for the small difference of backtests and future price. Instead I enjoyed mastering the concepts.
The delay is worth it though because even since I wrote the booklet of my studies on Deriv’s synthetic index makets I am enjoying synthetic indexes as they have more volatility and produce more trades, by not being affected with fundamentals or world events.
As Ict was and still is continuing to release more trading knowledge over time I have become even more of a trading machine with time. Some traders even admit I’m more knowledgeable than the average trader.
It has come to the point were I have more than 10 counter books worth of backtests. I use up to about 40 market making conditions (confirmations) when doing backtests, with trading in the same direction of 4 hour time frame trend besides the usual daily time frame trend being 1 example.
Last year I then grew a desire to do something which no other trader can do. Not mentioning this to brag, but to show you what I’ve been busy designing. I’m going to do a show next year which the mere claim of what I’m trying to do is blasphemy in the trading industry. This has nothing to with high returns (which is easy).
It shall change history in the abilities of a trader. I’m trying to do something which even Huddleston said he can’t do, though he withheld other concepts from us because we could be reckless with them.
Remember that I told you early in this post that I’m helping you with my experience on one condition. That thing I ask for you, is to never tell people late 2027 onwards that you know me. Never mention of this post (which I shall delete end of year) and never type anywhere on social media that I use ICT, or said so.
Also never tell anyone, who may also type it on social media. There are people who shall come looking for me. What I shall do will have people wanting to know how I trade.
If you tell them I use ict and you will be dumb to have brought many millions of people to using ict, to the the extent that market makers may eventually have to stop trading for everyone (since MJ said the markets are too complex for them to change the algo).
I had bumped into something by coincidence in the charts which I am hugely impressed by, even by standards of an Ict nerd. I’ve used it to make an 85% win rate binary options strategy without needing many confirmations (favorable market conditions).
I have made strategies and concepts of my own using ICT concepts. I will raise my very small account to 9.5K by end of July to September. I’m trading with an aggressive calculated risk model now (about 5-7% of account per trade) to raise it to $400 with many trades and a high winrate.
I determine this on my risk model of by dividing 100 with 3 times the maximum number of consecutive losing trades that my trading (financial instruments or synthetic indexes) does in backtests, based on AI, classification of usual or heavy correlated instruments (eg stock indexes, crypto or others etc), winrate and average number of trades per month.
Since I don’t have a low risk appetite, plus also due to my experience and small capital I use this model on all my capital, until when I shall be trading $100 000 or more. That’s why I record time durations of trades in backtest so I can make my risk models, unlike the usual were many traders (including those with low winrates) encourage risking only about 1-2% of their accounts per trade.
I’ll then trade 300 of it on an optimal F trading model of high calculated risk to raise it to 9.5K. I determine this on my 2nd risk model of asking AI the highest risk percentage an account can accommodate trades before blowing it to have 3 times the maximum number of consecutive losing trades that my trading (financial instruments or synthetic indexes) does in backtests, based on AI, classification of usual or heavy correlated instruments (eg stock indexes, crypto or others etc), winrate and average number of trades per month. I obviously can’t his type of model on all my capital even as an experienced trader because it gives big scary drawdowns (periodical account balance drops after many losing trades) which can give a newbie stress if used on all capital. Using that model I will try to get to $100K by end of this year using other brokers if possible on b book trading.
Next year I’m going to compete in the Robbins world trading competitions I mentioned earlier, and will aim for Larry Williams 11 300% interest in a year 1987 record, with me aiming for 12 000% using way less risk and drawdown than he did trading futures.
I will have higher returns on my personal account not in the competition, were I’ll have a better compounding effort of trading forex, stocks and stock index asset classes to try to raise another 10k to 10 million in next year. I’ve already consulted with chatgpt to try and compensate for reduction of returns as your account increases in size, due to slippage.
I won’t go deep into telling you how I trade synthetic indexes because I want to show that to my relatives and friends when the lockdown starts (were traders don’t trade financial instruments).
This sub has too many people for a B book only market. You guys could make Deriv go broke, or try to change the algorithm before I manage to withdraw a bigger amount of money from Deriv’s B book (not thier STP accounts).
There’s so much I know and I learnt from ICT, and have done additional studies. I can’t share them all my experiences in 1 post. I wish I could. Ask me any question on anything you failed to understand, of how I navigate the markets using ICT concepts.
Please don’t forward this post to other reddit subs or other social media platforms with a large. Even though Huddleston has 2 million subscribers on his YouTube channel, not all are consistently profitable, because of not doing forward tests and or using bias in their trading among other factors.
I don’t want you to have unnecessary slippage on ECN or STP markets (not against fake market of broker), due to competition of many people on the same strategies and approach to trading.
Not everyone on the internet knows what they’re saying for those researching on trading terms I used in this post. I personally avoid anyone without at least a profitable 1 month trade history on their YouTube channel even for trading basics (no strategies yet). Not that a 1 month trade history means anything much.
Huddleston said using ict (powerful method) a good measure of consistent profitability is 1 year with at least 20 trades, but I personally believe it should still be above 50% winrate. Other traders using other trading methods demand at least 100 trades on 1 year (I believe should have +50% winrate).
I disagree with many traders who say you can be profitable with lower than 50% winrate as long as you aim for high profit targets (high reward to risk RR ratio). It doesn’t make sense to me how you can get a guarantee of high RR ratio with momentum against you (causing you low winrate).
Many traders including some experts and I believe you need an edge in trading (something which happens more often than not – 50%+ winrate) for consistent profitability.
Why not just reverse your strategy direction to try and be profitable 🤣? ‘Price can only go up or down’. This is one point I disagree with Huddleston, though he admitted at some times to my opinion on this.
In my 5 year trading experience of my backtesting I saw trade histories of 6 months to be different with that of 1 year within about 5% more or less. I also saw those of 3 months to be different with those of 6 months within 5% more or less. I consider this when considering other mentors with smaller trade histories for trading basic.
I also hope you also do your own deep research on how trade histories and results can be faked and how to spot legit ones. Some good scam exposing in our industry are YouTube channels of Tommy Anytime, Mr Scam Exposer (Rydall Ficks) and Beststockstrategy.
What most traders say are scams and fake proof of profitability include :
1️⃣ Showing singular trades instead of trade histories (many trades being scrolled), trade histories from demo/practice accounts (not real money)
2️⃣ Showing screenshots or videos of analysis software (e.g tradezella, myfxbook, kinfo) to a demo or fake unregulated broker, or bribing the company with money (they’re not regulated)
3️⃣ Mentors/influences with a big following partner with an unregulated broker or shady broker to give home a fake account with profitable trade histories. Stay aways from IBs (marketers) of b booking brokers (conflict of interest).
4️⃣ Fake trading or trade histories from a fake white label server broker, which isn’t regulated or with a different server name spellings (like examples I showed you above on my investor passwords) as of the actual broker
5️⃣ Shady brokers creating fake trade histories in their website backoffice (not trading platform) for copy trading to copy bad trades to your account. Copy trading is a scam in nearly all cases
6️⃣ A b booking broker promoting a mentor/trader as the best trader. 🤣 Why teach people to take your money (we have one in big Zimbabwe done this and I won’t mention cause I’m feeling lazy to go to court)
7️⃣ Without the presence of good and legit trade histories people showing off cars, ‘Day in the life of a trader’ videos, piles of cash and trading interviews of traders.
8️⃣ Trade histories of small periods like a month or less
9️⃣ Making fake livestreams of trade histories using AI, if the person is really techy
🔟 Making fake screenshots or videos of profitable trade histories using AI or photo editing. Which is why these days all trade histories should have investor password on a regulated account at best, or be verified/audited broker statements
1️⃣1️⃣ Trade histories from brokers/accounts with a regulating agency of a private company and not that of a government institution (like the suspect of Pocket options broker)
1️⃣2️⃣ Fake verified broker statements verified by the employee of an unregulated broker or some unknown, Unverifiable person or company also with no reputation
1️⃣3️⃣ People on the world trading competitions who open only a few high risk trades at the beginning of the year and stop trading when the account goes in significant profit. You need to see trade histories. Trading competitions like Robbins only show the top 5 returns of the year
1️⃣4️⃣ Profitable trade histories made by pump and dump schemes of low float stocks or cryptocurrecies. You can research on this, many people explain this on the internet.
1️⃣5️⃣ All scammers exposed by scam exposing channels as long as the author isn’t biased or did bad research
1️⃣6️⃣ In most cases popular people, brokers, regulating agencies or companies with bad reviews and rating on websites of trust pilot, forex peace army and 55 brokers (below 4/5 on truspilot and below 1/5 for forex peace army in my opinion)
1️⃣7️⃣ People, brokers or companies issued warnings against them to the public by CFTC, FSCA or other government regulating agency’s websites (depending on the type of warning).
1️⃣8️⃣ Trade histories from, IBs who don’t take talk the disadvantages of retail prop firm trading (which aren’t regulated and a worse ponzi scheme) when promoting them for a commission
1️⃣9️⃣ In all cases MLM Network marketing trading companies and in most cases trading schools with more than 1 mentor. It’s not easy to employ profitable traders as they can start their own groups or schools. They can also Optimal F (high calculated risk – very high returns) they’re way to riches (or at least use aggressive calculated risk to financial independence). Any network marketing company that teaches profitable trading should be on the news for improving many people’s lives legitimately.
2️⃣0️⃣ Telegram or Watsapp group signals providers who delete messages of their losing trade signals for everyone
2️⃣1️⃣ Trading robots were the sellers purposefully only shows a trade history the few months of a trending market on 1 instrument or a few with high correlation (moving nearly the same way) were the robot performed well
2️⃣2️⃣ Copy trading services offered by brokers connecting to a Zulu trade company for it. The company is owned by CEO of a broker who receives bribes from other brokers to show false statistics of trader’s performance on the website
2️⃣3️⃣ Brokers lying to have actual ECN/STP accounts (connecting to actual market, not B booking against them). You see this with more than 1:200 leverage, not allowing robots on Ecn markets (some Stp liquidity providers are scared of extreme returns, having negative balance protection on Ecn accounts (some STP providers can take more risk), not mentioning they act as an agent (middleman) of trades in their terms and conditions document, having many tradable instruments in the account (usually more than 1 000) and usually not mentioning on their website they have direct market access (or a similar term)
2️⃣4️⃣ Mentors who refuse to show their PnLs for ‘privacy or security issues’. There’s many other mentors willing to. Every business person will use any opportunity to market their business with proof of legitimacy, even outside of trading. A mentor with a big account can still open a small account just for proof of concept if he’s serious.
2️⃣5️⃣ YouTube livestreamers who delete livestreams with losing trades.
2️⃣6️⃣ Account managers from brokers who call you soon after you open an account with shady brokers. If they ever convince you to deposit money for copy trading they will (via disguise of another ‘profitable trader’) blow your account.
2️⃣7️⃣ Educational materials from B booking brokers. Another conflict of interest.
2️⃣8️⃣ Anyone saying 1 make 1,2 or any % interest per day, or offering any such strategy. They know nothing about trading. Straightaway mute then from your social media algorithm feed.
2️⃣9️⃣ Most traders who say that trading is mostly psychology than technical analysis. They are either gamblers (uncalculated high risk), are lazy (which may affect even their backtests) or don’t have consistent profitability yet.
3️⃣0️⃣ According to Huddleston, many smart traders and my opinion – In most cases people using old retail trading methods used by most traders (who lose money) like Support and resistance, Supply and demand, Wyckoff, some Fibonacci retracements, Depth Of Market DOM (which can be spoofed – research – institutions don’t want you to know where their orders are), Trend lines, Volume profile, Indicator strategies for trade entries and Old candlestick patterns in the candlestick Bible book. Unless if someone does the opposite of them or in a few cases combines them with some good concepts. The market makers made the price algorithm to go against these methods in this point. The strategis do low winrates and you can’t guarantee getting high reward to risk ratio on low winrates (like the people using them claim) because momentum will be against you, hence the low winrate. Unless if you’re still stubborn enough to at least accept some showing a 2, but but hopefully 3 year + profitable trade history using them.
3️⃣1️⃣ Using AI LLMs available to the public for strategies or trade signals. The CEOs of the companies will program them to only give profitable predictions to themselves, and not bring competition to their trading. Most if not all of the companies are controlled by the illuminati anyway, so would probably be threatened not to make everyone profitable, aside from good trading basics. The only way you could use AI to its full potential is if you can make your own.
3️⃣2️⃣ Scammers who show fake profitable trade histories on a computer browser, by changing figures that appear on a screen using Inspect element browser extensions. Though most people say refreshing the website page resets the modifications, there are now permanent change extensions available as I’ve heard. This is not possible with cellphones and also not on the trading platforms (eg. Metatrader, C trader or tradingview etc), making both options safer for viewers. You can research on this if you want, it’s not too complicated.
3️⃣3️⃣ Scammers in some corrupt countries bribing to get licenses to teach trading. Even though these government agencies check for profitability by law, make sure you do your own investigation.
3️⃣4️⃣ Scammers paying people who do interviews on YouTube etc to market them as a profitable mentor without proof
3️⃣5️⃣ Big payouts (withdrawals) of influences from retail prop firm trading. They only withdrew that much because they are an IB, or the prop firm knows the person with a big following can ruin their reputation faster.
To help you understand the trading terms in this post you can consider other mentors not using ICT, who I mentioned earlier and Charlie Burton (licensed but with low winrate strategies) or anyone on the world trading competitions website (I annual competitions, not quarter).
Though those of the competitions have lesser credibility due to higher risk trading (cause of egos) and no trade winrate transparency. Ict doesn’t teach trading basics to help you understand my post
Remember that studies said 97% of daytrades don’t make money consistently. The Stat is way worse for mentors. Scammers (mentors/signal providers without trade history proof of profitability) are the main problem in our trading industry (and other online businesses).
Any profitable mentor will use their best form of trade history to their advantage to sell their course, like any other businessman. Another small percentage of mentors aren’t scamming on purpose but never had proper mentorship and are under the dunning Krueger effect (don’t know what they don’t know).
Meet you on the Robbins world trading competitions top 5 leader board end of next year above Larry’s mark, for some of you who trade ICT. I would appreciate an intriguing and worthwhile challenge. Be prepared to show your drawdown and average risk percentage per trade, as I will. It’s about time that an Ict student smashes Larry’s record.
Don’t forget to consider the risk of black swan events on Ecn or Stp accounts without negative balance protection for those on Robbins competition. I risk lower to reduce risk. I will have capital from my B book trading of this year and next year to use in the extreme unlikely even that I’ll owe the broker money.
I also don’t trade commodities which are affected more with real supply and demand in life. They and have the biggest black swan event recorded in history of -300% in oil (versus a maximum of -20% of asset price in forex – USDCHF).
To further mitigate risk of black swan events without negative balance protection I also take only sell trades in all my financial instrument (not synthetic indexes) trading. Most black swan events (rare violent manipulations) are crashes sells and not buys (research on it, AI being faster). I’ll also only have 1 open trade at a time to reduce risk in case a black swan happens against my favor.
Black swan events have increased the past few years probably as market maker’s response to increase in profitable traders. Huddleston confirmed they shall increase a few years ago.
Some brokers are now removing negative balance protection (you not losing more than all your a capital if price rarely moves in an instant too much against your trade) on Ecn and Stp accounts.
For the rest of rest of the traders research even on AIs how you can use your trading profit’s verified broker statements and tax returns to get working visas to live in better countries, like other traders doing in Dubai etc.
Government required disclaimer :
I’m not a financial advisor. This post is not financial advice but my opinion, experience and observations on the markets studying with ICT concepts. Past performance is not a guarantee of future performance. Forex, CFDs, binary options and futures are risky types of investments and are not suitable for all types of investors. You may be at risk of losing all your trading capital, or more with brokers/accounts without negative balance protection.
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