EASIEST ICT Trading Strategy (77% Win Rate)

Summary

This video script outlines a straightforward trading strategy with a 77% win rate, designed to simplify the complexities of ICT trading. The presenter shares personal experiences, emphasizing the importance of a simple, consistent system over intricate methods. The strategy involves three key steps: identifying market direction through 4-hour fair value gaps, confirming bias with market maker models on 15-minute charts, and executing trades post-9:30 a.m. EST during key market sessions. The script also addresses common trading pitfalls like hesitation and overcomplication, advocating for quick, confident decision-making. The presenter offers mentorship for those seeking intensive, guided trading education.

Takeaways

• 😲 The speaker believes that the complexity of ICT is often overestimated and that a simple strategy can lead to significant success in trading.
• 📈 They claim to have developed a strategy with a 77% win rate, which has enabled them to make substantial profits and retire their parents.
• 🔄 The speaker emphasizes the importance of moving away from rigid rules and focusing on a system that simplifies trading and increases profitability.
• 🤔 They suggest that traders often start with the goal of making money but get overwhelmed by trying to learn every ICT concept, which can hinder success.
• 🏎 The strategy involves three steps that are designed to be simple and easy to execute, which can change a trader's approach to trading.
• 🕒 Timing is crucial; the speaker stresses the importance of waiting for the right market conditions and using specific time frames for trading decisions.
• 📊 The concept of 'fair value gaps' and 'market maker models' is introduced as key elements in identifying high-probability trading opportunities.
• 📈 The speaker discusses the importance of confirming market bias and using higher time frame analysis to support trading decisions.
• 🎯 Entry points are determined by waiting for specific price actions that confirm the anticipated market movement, such as market structure shifts or inverted fair value gaps.
• 💹 Profit maximization is achieved through 'price waiting', a technique for trailing stop losses that allows traders to ride winning trades for bigger gains.

Q & A

What is the main misconception about ICT mentioned in the script?

The main misconception is that ICT is extremely complicated, which is often due to how people learn it and the lack of a simple strategy.

What does the speaker claim is the key to their success in trading?

The speaker attributes their success to simplifying their trading approach and using a strategy that has a 77% win rate.

How did the speaker transition from struggling with trading to becoming highly successful?

The speaker transitioned by simplifying what they were looking for in the market, which allowed them to build a system that made them multi-million dollars.

What is the significance of the '77% win rate' strategy mentioned by the speaker?

The '77% win rate' strategy is significant because it represents a high probability of success in trading, which the speaker uses to make thousands of dollars per trade.

Why does the speaker emphasize the importance of thinking fast in trading?

The speaker emphasizes thinking fast because opportunities in the market can be missed in seconds, especially when trading on lower time frames.

What is the 'fair value Gap' and how does it play a role in the speaker's trading strategy?

A 'fair value Gap' is a three-candle pattern where a large candle is surrounded by smaller ones without touching their wicks. It plays a role in the strategy by indicating a significant price movement that the speaker waits for before looking for trade confirmations.

What is a 'market maker model' as described in the script?

A 'market maker model' is a pattern that the speaker uses to identify high-probability trading opportunities, which involves looking for specific price actions and confirmations on the 15-minute chart.

Why is it crucial to wait for confirmation of a bias before trading, according to the speaker?

Waiting for confirmation of a bias is crucial because it ensures that the trader is aligned with the market's direction, which increases the probability of successful trades.

What does the speaker mean by 'line on the sand' in the context of trading?

The 'line on the sand' refers to a clear point of reference or decision point in the market that indicates the direction of the market's movement, which traders can use to identify entry points.

How does the speaker suggest traders handle winning trades to maximize profits?

The speaker suggests using a strategy called 'price waiting' to trail stop losses and take partial profits at key levels, allowing the trade to potentially run for larger gains.