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 akin to OTE, FVG, OB I discovered all have identical win charge 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 consider its only for Youtube cash.
I’m not a ICT or SmartMoney hater, however following factors made me consider its dumb cash 100%
1. ICT sensible cash ideas should not simple for a beginner to know, and even in the event you perceive the subjects wont finish. Each youtube is making an attempt to reexplain ICT ideas on his personal time period which can be very complicated, Some are attempting 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 can be conclusion? It is going to be confusion and confusion which can 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 is just not that onerous, which would require you to review 600+ movies. there is usually a easy technique which may be worthwhile. Complicated issues are shared over web for both youtube cash or self reputation. There are a lot of youtubers who’re NEVER actual dealer however content material creators. They provide you with a brand new buying and selling strategies akin to one Youtuber lately posted I made $$$ with buying and selling Order Circulate. Why would somebody change his system ? I worry from altering my very own system, I’ve confidence to commerce $100,000 account at the moment however in the event you ask me to commerce a brand new system or If i resolve to commerce my outdated system which i discarded, it can take minutes to show my $100,000 to $100 so at all times assume properly.
4. That is never-ending course of to be taught. Studying is barely required whenever you assume you might be shut to finish it. If its never-ending a dealer will flip outdated and can nonetheless studying and this may take you nowhere. Studying must be ended in any other case a dealer could depart buying and selling for ceaselessly 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 methods over web for FREE. Bear in mind when a product is FREE, you’re the revenue.
6. ICT retains leaking his subjects with time e.g. my pal advised a brand new methodology came visiting web would you wish to test? Its Silver Bullet. I giggle so arduous. Why somebody will preserve pushing methods? Its as a result of one thing is fishy or the system shared on previous like OTE, FVG should not being helpful 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 need to take into consideration earlier than learning ICT’s Bible?
WD Gann ideas are identical manner. Gann wrote his e-book in a riddle manner which can make very painful to decode his logic. You’ll find yourself shedding all of your mind energy on making an attempt to decode, will discover 1000’s of strategies akin to sq. of 9, however in the long run all can be trash since you wont be capable to make cash with that.
So Please preserve buying and selling easy.
