Many youtubers are exposing ICT. Let me share my expertise with that as a analysis and analyst. I’ve studied ICT Ideas as a result of My pal defined to me and i discovered it attention-grabbing
However as quickly as I studied and backtested the strategies comparable to OTE, FVG, OB I discovered all have identical win price like 30 to 40%
however my pals have been so enthusiastic about it, they at all times talks ICT like a god mode idea. They are saying that is the one methodology which banks use to commerce. ICT is the one one who uncovered this to public for FREE on youtube, however let me inform you i imagine its only for Youtube cash.
I’m not a ICT or SmartMoney hater, however following factors made me imagine its dumb cash 100%
1. ICT good cash ideas will not be simple for a beginner to know, and even if you happen to perceive the subjects wont finish. Each youtube is attempting to reexplain ICT ideas on his personal time period which can be very complicated, Some try to publish video with a title “actual method to discover liquidity” and expressing their very own feeling on matter liquidity. However earlier than continuing with learning this, have you ever ever thought what might be conclusion? It is going to be confusion and confusion which might be by no means ending
2. ICT has over 600+ movies shared on Youtube without cost and different mentorship movies on telegram
3. Buying and selling shouldn’t be that onerous, which would require you to check 600+ movies. there could be a easy technique which may be worthwhile. Advanced issues are shared over web for both youtube cash or self recognition. There are a lot of youtubers who’re NEVER actual dealer however content material creators. They give you a brand new buying and selling strategies comparable to one Youtuber just lately posted I made $$$ with buying and selling Order Stream. Why would somebody change his system ? I concern from altering my very own system, I’ve confidence to commerce $100,000 account immediately however if you happen to ask me to commerce a brand new system or If i determine to commerce my previous system which i discarded, it would take minutes to show my $100,000 to $100 so at all times assume correctly.
4. That is never-ending course of to study. Studying is just required once you assume you’re shut to finish it. If its never-ending a dealer will flip previous and can nonetheless studying and this may take you nowhere. Studying must be ended in any other case a dealer might go away buying and selling for perpetually if its not one thing he’s getting success after greater than 5 years of continue learning section.
5. ICT says he has a buying and selling system “Enigma” which he won’t ever share with public. This proves he shared all of the trash and discarded programs over web for FREE. Keep in mind when a product is FREE, you’re the earnings.
6. ICT retains leaking his subjects with time e.g. my pal instructed a brand new methodology came visiting web would you wish to test? Its Silver Bullet. I chuckle so laborious. Why somebody will hold pushing programs? Its as a result of one thing is fishy or the system shared on previous like OTE, FVG will not be being useful to dealer and they’re silent about it as a result of they’re each confused to allow them to neither settle for nor deny if ICT system actually works.
However myself as a coder, I do know the reality.
Hope you discover the factors useful. Do you assume these factors are one thing you must take into consideration earlier than learning ICT’s Bible?
WD Gann ideas are identical approach. Gann wrote his ebook in a riddle approach which can make very painful to decode his logic. You’ll find yourself dropping all of your mind energy on attempting to decode, will discover 1000’s of strategies comparable to sq. of 9, however in the long run all might be trash since you wont have the ability to earn a living with that.
So Please hold buying and selling easy.