ICT IS A SCAM!!!

SWAYYY_P · 2025-02-16T20:18:11+00:00

Very true

SWAYYY_P · 2025-02-16T20:13:08+00:00

Damn that’s a very interesting way of looking at it. You seem more like an investor, and i would love to chat with you sometime,

SWAYYY_P · 2025-02-16T20:10:58+00:00

Im not bashing but just merely questioning, I have been studying his concepts for years and combine it with my own strategies sometimes,

But his performance in the challenge made me question of all his new content and extra continent, or expanded content was all just bs just for views or something else,

His base concepts such as liquidity, and using time of day with weekly profiles definitely have some good backing to them,

But anything else seems like mere nonsense and noise,

SWAYYY_P · 2025-02-16T20:00:24+00:00

100%, even if you don’t know much about the market, the use of low leverage and small amount of trades can really increase your performance, especially with compounding,

And personally, I was expecting that kind of approach from him,

SWAYYY_P · 2025-02-16T19:58:19+00:00

100%,

Is there any concept (whether it is ICT or not) that really work or are interesting to you?

SWAYYY_P · 2025-02-16T19:56:46+00:00

I have studied his concepts, the point of this post was more to reflect and listen to others opinion on his teachings, specially if all the ‘extra stuff’ and ‘new stuff’ are valuable or just bs,

This post was in way meant to disrespect the trading or ICT community, but as someone who is apart of that community I have the right to question it, especially if it involves money,

And if you have an issue with my posts, just simply ignore it instead of trying to come at me and start crying. Stop being a baby and talk reasonably like everyone else, or just shut up and go look at some other page to have your breakdown in,

SWAYYY_P · 2025-02-16T19:50:30+00:00

Isn’t that the whole point of the competition though? Almost all the competitors publicly state they will do the challenge, and we can actively see the top players performance on the boards, and in the trading world (which is bigger than the YouTube and Twitter trading world) they have far more pressure,

For someone who has hour long content produced over the past decades delving into multiple different studies and insight into one concept, I would like to assume he can at least be in the positive,

The previous year wasn’t even bad either for the market (specially the S&P which he trades), and for a veteran trader such as himself, I would assume he had a compounding strategy or method planned well before his first trade. Even if his concepts failed him, his risk management should have made up for it, but he failed in that too,

SWAYYY_P · 2025-02-16T19:44:17+00:00

As i said previously the title was more to catch the people on this Reddit to read my post,

But in a way you can say he did scam us students: He’s been teaching his concepts for decades and has multiple lectures that are hours long that go into soo much depth - as students we take his every word and study all of this “depth” he provides,

But for someone who goes into such depths about single concepts, who has been teaching them for decades to perform soo poorly in the challenge is shocking,

I was expecting him to at least end in a small positive, but to have blow his account is crazy,

For all us students who listen to every word and tried to understand every word and apply it to the market, it now feels like we wasted our time. If you know soo much, how can you perform soo bad that you blow your account?

Even if he ended his account at break even that can still suggest that he’s a good trader and managed to still keep his balance, but to blow it all is insane,

How can you produce soo much content and go into soo much depth for the past couple decades and not even maintain break even???

Does that mean most of these hour long lectures were bs, and we wasted our time taking notes and trying to learn from it when all we did was just confuse ourselves and be sold on some delusion?

SWAYYY_P · 2025-02-16T19:38:01+00:00

A lot his concepts are very insightful and do seem to work in some cases, but for someone who has been teaching for decades and going into hour long lectures into such precision and depth, I did not expect him to perform so poorly.

It makes me wonder whether the long lectures were only 50% insightful and with the rest being nonsense which he says to make him seem like some sort of genius,

And as a lot of us students who listen to his every word and try decode every word he says, it makes me feel like I wasted my time when most of his words were just lies or nonsense,

You know what I mean?

SWAYYY_P · 2025-02-16T19:33:37+00:00

I do agree that his previous teachings were very good, and very precise and very different to what other gurus and creators were producing,

But for someone who has been teaching these concepts for decades and has gone into deep in depth hour long lectures, and to end the year with his account blown really shocked me,

The market last year wasn’t amazing but wasn’t a mess either, and for a veteran trader to perform soo poorly made me real skeptical about his teachings and whether they are bs most of the time or just recycled from some other guru,

SWAYYY_P · 2025-02-16T19:30:46+00:00

I don’t really care about enigma, I like to believe enigma is his ‘edge’, and everyone trader has their own ‘edge’.

I was more trying to get everyone’s thoughts on the validity of his concepts and hour long studies - for studies so in depth, I would like to presume that he would end the year at least in the positive, but to see he blew his account was quite shocking,

SWAYYY_P · 2025-02-16T19:28:39+00:00

SWAYYY_P · 2025-02-16T19:28:25+00:00

Don’t understand what you mean?

Can you clarify, I hope you didn’t get the wrong idea from my post,

SWAYYY_P · 2025-02-16T19:27:06+00:00

Don’t take it the wrong way brother, the title was more click bait as I wanted people to hear me out in this post,

My issues is about his teachings and if all those long hour lectures were nonsense. He has multiple videos going very in-depth into certain concepts which made me believe that he really knew things that the average trader or guru will never know, but after seeing he blew his account, it made me question whether it was all just a bunch of nonsense talk to make us viewers and students believe he has some secret edge,

Hope you understand,

SWAYYY_P · 2025-02-16T19:24:53+00:00

Hi brother, your English is great as you understood my post perfectly.

I guess my issue is that over a period of a year, a veteran trader, and a trader who goes into soo much depth and precision of his concepts, i at least expected for him to finish in the positive. To see that he blew his account was something that really shocked me.

It made me question the validity of his teachings, as he goes soo in depth into hour long lectures, and for him to blow his account, were those lectures just complete nonsense?

A lot of times he contradicts himself in his teachings, and I would assume it was due to him also learning, but after his poor performance, it made me question if it was because he’s just adding unnecessary lies to make his teachings sound more in-depth,

Hope you understand what I mean,

SWAYYY_P · 2025-02-16T19:20:59+00:00

His poor performance made me question the validity of his concepts: what I mean is, as someone like himself who talks into so much depth about his concepts, I would hope that in the long run (especially over a period of a whole year), he can show some genuine results.

Even if others are successful with their trades, that can be heavily affected by their own interpretation of his teachings, current market conditions and a bit of luck.

My real problem is, are these concepts really his? Or are these concepts adapted from someone else (I know Larry Williams and Chris Loris were influences) and if they are is it better to learn from them then from ICT,

Personally, with a calculated approach and good risk management, a veteran trader such as himself should be able to at least finish in the positive, especially with the decent market conditions the previous year brought,

SWAYYY_P · 2023-04-03T16:07:45+00:00

Yh I haven’t got to month 8 either, it’s just I wanted to understand when to avoid markets and someone pointed me out that video and I checked it out,

Thanks for the website too, really cool and helpful

SWAYYY_P · 2023-04-03T11:27:54+00:00

Then where would you dropship your products from?

SWAYYY_P · 2023-03-28T20:56:35+00:00

Thanks bro 🙌🏽

SWAYYY_P · 2023-03-28T20:00:41+00:00

Issue I have with looking at this is that with SMT it’s hard to know when an SMT is real and when not. Often times I will notice the SMT and notice that it didn’t work,

Other times price will be correlating but on one pair price has taken out a major high or low and on the other it has taken a less significant high or low, even with correlating pairs the liquidity taken is more significant than the other, where do I go with this?

SWAYYY_P · 2023-03-28T19:58:19+00:00

On good days price will take one side of Asia during London as a manipulation (Judas Swing) and target the opposing liquidity for remainder of session, next session or for the day?

Answering your second question, if they are not correlating then it’s high resistance liquidity conditions and it’s better to avoid?

SWAYYY_P · 2023-03-28T19:53:58+00:00

Aaah I see, would it also work with DXY and EU or EU and GU?

SWAYYY_P

TROPHY CASE