ICT How To Stop Failing
Summary
TLDRIn this passionate video script, the speaker asserts ownership and authenticity of their trading strategies, expressing frustration with misinformation in the market. They challenge skeptics to verify their unique approach by examining their detailed, predictive chart analyses on Twitter. The speaker invites viewers on a transformative 2023 trading journey, promising a simplified, interactive, and real-time learning experience that demystifies market algorithms. They emphasize the necessity of personal effort, study, and dedication to truly master trading, calling out the laziness that has hindered some students' progress in their mentorship programs.
Takeaways
- 📝 The speaker is asserting ownership and authorship of their work, emphasizing that they can prove it uniquely.
- 💔 They used to be deeply affected by criticism, which would lead them to overextend themselves in their instructional content.
- 🤬 The speaker expresses frustration with misinformation in the market analysis space, feeling angered by false claims.
- 📊 They claim to have provided specific, detailed market analysis down to a five-minute chart level, something they assert no one else has done.
- 🔑 The speaker believes they have exclusive knowledge of market algorithms and can legally prove their insights.
- 🚀 They invite their audience to follow along in 2023 for an interactive and educational trading experience.
- 🎯 The speaker promises to teach trading insights that are specific, real-time, and predictive of market movements.
- 🧐 They acknowledge that their teaching approach has evolved to a minimalist method that focuses on essential elements of price action.
- 📚 The speaker emphasizes the importance of self-study and active learning, discouraging reliance on simply watching videos.
- 🤷♂️ They criticize 'lazy' students who expect to learn without putting in the effort to analyze charts and study market behavior.
- 💪 The speaker is determined to teach and expects dedication from their students, warning that the learning process will be challenging and demanding.
Q & A
What is the speaker claiming about their work and its uniqueness?
-The speaker is claiming that they have authored unique content related to trading algorithms, and they are the only one who can prove its validity. They argue that no one else has presented the same level of detail or access to the algorithm as they have.
How did the speaker used to react to criticism about their teaching methods?
-The speaker used to be deeply affected by criticism, feeling offended and bothered to the point where they would try to appease the critics by over-delivering in their instructional content.
What does the speaker find frustrating about other market analysts' approaches?
-The speaker is frustrated by the lack of transparency and accuracy in other market analysts' explanations of market movements. They believe these analysts are lying or misleading their audience with superficial chart analysis.
What specific claim does the speaker make about their trading analysis method?
-The speaker claims to have a method that provides specific levels that an algorithm will work with for a particular day, starting from a daily chart down to a five-minute chart, which they assert is unique and has not been done by others.
What does the speaker promise for the year 2023 in terms of trading experience?
-The speaker promises an interactive and specific trading experience for 2023, where they will guide their audience to see market movements before they happen, offering a minimalist approach to trading setups.
What is the speaker's view on the necessity of personal effort in learning to trade?
-The speaker emphasizes that learning to trade requires personal effort, including studying charts, taking notes, and practicing what has been taught. They criticize those who expect to learn without putting in the work.
How does the speaker describe the learning process for their students?
-The speaker describes the learning process as one that involves simplifying the approach to trading, reducing complexity, and recognizing the need for patience and the right market characteristics to materialize.
What does the speaker expect from their students in terms of engagement with the learning material?
-The speaker expects their students to actively engage with the material by annotating charts, studying them, and spending time on self-study, especially during market off-hours.
What is the speaker's opinion on the role of 'lazy' individuals in the learning process?
-The speaker views 'lazy' individuals as those who do not put in the required effort to study and practice trading. They believe this laziness is a barrier to learning and becoming a successful trader.
How does the speaker define 'lazy' in the context of their mentorship?
-In the context of the speaker's mentorship, 'lazy' is defined as not engaging with the material deeply, not studying charts, and expecting to learn without the necessary personal effort and practice.
What is the speaker's advice for new students joining their mentorship in 2023?
-The speaker advises new students to be prepared for a challenging learning experience, emphasizing the importance of dedication, consistent practice, and the willingness to learn throughout the year.
Outlines
📜 Authenticity and Algorithmic Mastery
The speaker passionately asserts their authorship and expertise in a trading algorithm, emphasizing the unique and verifiable nature of their work. They reflect on their past vulnerability to criticism, which once deeply affected them, and their dedication to improving their teaching methods. The speaker challenges skeptics to review their accurate predictions and chart analyses, boasting about their unprecedented approach to market analysis. They express frustration with misinformation spread by others in the field and invite their audience to verify their claims. The speaker also outlines their vision for 2023, promising an interactive and insightful trading experience, and emphasizes the importance of simplicity and waiting for specific market conditions in trading.
🚀 Commitment and the Reality of Learning
The speaker addresses the issue of laziness among some members of their mentorship program, candidly describing them as 'lazy' for not engaging deeply with the material. They stress the necessity of active learning, which involves studying charts, taking extensive notes, and analyzing past market movements. The speaker dispels the myth that success in trading can be achieved quickly or easily through watching videos or live streams, and instead, calls for a full year of commitment and hard work. They express concern that some students may underestimate the effort required and the depth of knowledge they will need to acquire, offering a stern but supportive reminder of the dedication expected from those who truly wish to learn and excel in trading.
Mindmap
Keywords
💡Algorithm
💡Divisive
💡Inner Circle Trader
💡Michael Huddleston
💡Daily Chart
💡Five-Minute Chart
💡Price Action
💡Mentorship
💡Lazy
💡Annotations
💡Characteristics and Signatures
Highlights
The speaker claims ownership and authorship of their work, emphasizing its uniqueness and their ability to prove it.
The speaker discusses their emotional response to criticism and their journey to not being affected by it.
The speaker expresses frustration with misinformation about market influences presented by others.
A challenge is issued to skeptics to compare the speaker's work with others, specifically mentioning Larry Williams and Oliver Valz.
The speaker boasts about providing specific market predictions and leaving a note for the audience to verify.
The speaker asserts their ability to provide undeniable proof of their knowledge and involvement with market algorithms.
An invitation is extended to the audience to join the speaker on a transformative journey in 2023.
The speaker promises an interactive and non-overwhelming experience for the audience in the upcoming year.
The speaker emphasizes the importance of simplicity and minimalism in their teaching approach.
The speaker discusses the realization of their students about the unnecessary complexity they initially brought to the learning process.
The speaker calls out the laziness of some students and emphasizes the need for active engagement with the material.
The speaker explains the necessity of studying charts and market movements as part of the learning process.
The speaker warns new students about the expectations and the effort required to truly learn from them.
The speaker expresses their commitment to teaching and readiness to guide the students throughout 2023.
Transcripts
I coded this I authored it it's mine and
I'm proving it no one else can prove it
like
this it's it's not meant to be a
divisive thing but unfortunately
sometimes the truth is very decis
decisive and divisive okay
so I used to get affected by that I
would wear my heart on my sleeve and on
baby Pips I would be offended if someone
would say you know you know I don't like
how you teach and it would bother me
like it would really bother me like it
it would do damage to me where I felt
like I said okay I got to fix this one
person and I would go overboard and put
more and more and more into the videos
and more into the instructions and
sometimes I slightly deviated from the
the whole process and plan I outlined
that one evening sitting in my living
room where I was reading all these
people but this nonsense they would put
up and say this is what makes the market
go up this is what makes the market go
down and they would show you these
things things they would add on top of
their their charts okay and it was just
it it angered me because that's a lie
that's a
lie
see even if you're in the audience right
now and you don't like Inner Circle
Trader you don't like you don't like
Michael Huddleston you don't like ICT
okay you think he's a dick you think
he's a braggadocious arrogant prick that
you doesn't deserve the attention he
gets okay put that aside just for a
moment okay take your ass over to
Twitter and pull up what I did
yesterday okay you don't see any of
these people out here none of them not
one of them not a Larry Williams not a
Oliver valz which I actually I got a
story about him a little bit none of
these
guys
nobody has ever done that
took you from a daily chart all the way
down to a five- minute chart gave you
the very specific levels that the
algorithm is going to work with for that
particular day and then I left you with
3864 note that when I left you that was
the morning session so what's the next
time you're going to trade the PM
session don't
worry we'll get back to those charts on
Friday but just go back and go through
that thread when you're done listening
to this space today if you didn't see it
go back and look at it and choke on it
okay because there's undeniable proof
that there's an algorithm it's
undeniable proof that I'm privy to it
and I got my fingerprints all over it
and you can't do anything to change it
and guess what yes I can stand in a
court and do that yes I can demonstrate
it and yes I can bring
receipts and I want to take you all
along for a ride in 2023 I want to take
you on an experience that you would have
never had
ever it's going to be fun it's going to
be interactive it's not going to be
inundating I'm not going to give you a
whole lot of videos that to to to bog
you down it's going to be very specific
it's going to be right now in the market
right now in the charts before it
happens you're GNA see it you're
G to know what's going to happen before
it
happens and after a couple months goes
by in the middle of the year you might
think to yourself wow I I have been
complicating this the whole time he's
taught this but I have brought things to
this learning process and slowed myself
down yes every one of my profitable
students come to that realization always
they tried to bring everything to the
table when they triy to find a setup you
don't need that look at the 2022 model I
clearly reduced that down to the the
minimalist approach to doing
it and it's beautiful it's poetic in
price action it's
not going to work every single time on
every single time frame every single
minute of the day you have to wait for
certain characteristics and signatures
to materialize in price and once that
occurs and I know some of you are
thinking what are the
ICT go through the lessons in that 2022
mentorship it's
there you're asking for something else
because you're looking for that void in
your experience doing it seeing charts
print real time studying back data
hindsight
movement so you're trying to fill in a
simple response from
me that will never adequately fill in
the necessity for you as the student and
Trader in development to go into the
chart yourself see that's the part that
all of the lazy people every single one
of my intakes 2017 I'm sorry 2016 2017
2018 2019 2020 and
21 every single group that came into my
private
mentorship had a group of lazy ass
people and yes that sounds disrespectful
but folks that's what it is that's the
defining thing oh I looked at your
videos I watched your videos and I wrote
five pages of notes how you gonna call
me lazy you didn't do the work what's
the work you got to put your ass in
front of the charts you have to study
what it's done look for the things that
I've taught you have copious amounts of
notes going back for months and then you
do that each day too annotating every
single time and you study them on the
weekend when the markets aren't trading
you have to pour yourself into this
folks it's not going to be easy for you
it ain't going to be just watching a
video and some of you unfortunately have
this expectation that I'm going to
somehow make it so easy that you're
going to watch a couple live streams
with me and you're going to figure it
out right then and there I'm telling you
some of you young men are going to do
this and you're making a mistake you
need to spend the entirety of 2023 with
me you have no idea what you're stepping
into you have no idea what you're
getting ready to get involved in and
learn and what's going to be expected of
you
personally you come you come to me
wanting to learn and I'm prepared to
teach all of
you
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