Exposing ICT and his concepts once and for all. This took 3 months.

ImanTrading
20 Sept 202343:37

Summary

TLDRThe video script presents a detailed critique of ICT (Inner Circle Trader), challenging his credibility and trading methodologies. It accuses ICT of manipulating evidence, using flawed backtesting, and failing to deliver consistent trading success. The narrator dissects various claims made by ICT, including the controversial use of Photoshop for financial gains and the inability to provide verifiable, long-term trading results. The script also highlights ICT's alleged use of intimidation and deception to maintain a facade of success, ultimately questioning the legitimacy of his trading strategies and mentorship programs.

Takeaways

  • 💬 The speaker vehemently denies accusations of being a fraud, emphasizing that all claims made in the video are backed by evidence.
  • 🔥 ICT is criticized for defending a photoshopped withdrawal and later claiming it was a joke, raising questions about his credibility.
  • 💸 The speaker claims to have made more money from teaching trading than from trading itself, questioning the validity of ICT's trading methods.
  • 📈 ICT's alleged failures in trading competitions and account management are highlighted to challenge his reputation as a successful trader.
  • 🤔 The script questions the authenticity of ICT's trading success, pointing out inconsistencies and alleged manipulations in his public statements.
  • 📝 ICT's reliance on backtesting and selective data presentation is criticized, suggesting it misrepresents his trading strategy's effectiveness.
  • 💯 The narrative suggests ICT manipulates his followers through carefully crafted messaging, positioning himself as an unmatched trading mentor.
  • 🙄 Allegations of ICT's mental health issues are discussed, hinting at possible explanations for his grandiose claims about the trading market.
  • 🚫 Concerns are raised about the cult-like following ICT has developed, with the script suggesting he discourages critical questioning among his followers.
  • 😭 The script ends on a note of skepticism towards ICT's methods, urging viewers to critically evaluate the evidence and claims made.

Q & A

  • What is the main accusation against ICT in the video?

    -The main accusation against ICT is that he is a fraud who falsely represents his trading success, uses manipulation and deception including photoshopped evidence of trading success, and relies on flawed teaching methods that do not result in actual trading proficiency.

  • Why won't ICT take legal action against defamation according to the video?

    -According to the video, ICT won't take legal action for defamation because the evidence and accusations presented against him are true, making it difficult for him to challenge the claims legally.

  • What evidence is presented to claim ICT's withdrawal was fake?

    -The evidence presented is that a multi-million dollar withdrawal claimed by ICT was discovered to be photoshopped because he forgot to add a minus sign to the picture.

  • How does ICT justify his photoshop action according to the video?

    -ICT justifies his photoshop action by claiming he left the negative symbol off as a joke, even after initially defending the withdrawal as being real.

  • What does ICT claim about making money from teaching versus trading?

    -ICT claims that he has made much more money from teaching and mentorship than from live trading, admitting that his earnings from teaching and mentorship are in the millions.

  • How is ICT's trading performance in the Robin's Cup described in the video?

    -ICT's performance in the Robin's Cup is described as failing terribly and being a fraud if he didn't win, which he admitted to doing on purpose after failing.

  • What criticism is made about ICT's method of proving his trading success?

    -The criticism made is that ICT relies on after-the-fact tweets and recorded trades, rather than showing live, real-time trading or providing audited third-party statements, to prove his success.

  • What logical fallacy is ICT accused of committing in his teaching according to the video?

    -ICT is accused of committing the Texas Sharpshooter logical fallacy, where he cherry-picks data or instances that support his argument while ignoring those that do not.

  • What is said about ICT's teaching on back testing and market prediction?

    -The video claims that ICT's teaching on back testing and market prediction is flawed, relying on hindsight trading and selection bias, leading to a worse success rate than random chance.

  • What psychological condition does ICT admit to having, and how is it related to his claims?

    -ICT admits to being bipolar and having obsessive-compulsive disorder. The video suggests that his grandiose claims about coding the market algorithm and being under surveillance might be related to delusions of grandeur, a symptom of bipolar disorder.

Outlines

00:00

🚫 Exposing ICT's Misleading Tactics

This paragraph outlines a critical perspective on ICT (Inner Circle Trader), accusing him of fraudulent behavior and misleading claims about his trading success. The critic alleges ICT of photoshopping withdrawal proofs, making false claims about his trading efficacy, and manipulating new traders with his supposed success stories and trading concepts. The narrative questions ICT's integrity by highlighting inconsistencies in his statements, including claims of teaching for free while making substantial profits from mentorship programs, and his dubious historical trading performance. The critic's aim is to debunk ICT's credibility by pointing out the lack of real, verifiable trading success and to expose his strategies as ineffective through detailed analysis.

05:05

🔍 Analyzing ICT's Teaching and Claims

The second paragraph dives into a detailed critique of ICT's trading concepts and instructional methods. It questions the validity of his teachings through a statistical analysis of his predictions and the success rate of his strategies, which purportedly perform worse than a coin flip. The critic highlights the use of cherry-picked examples and hindsight trading as misleading tactics to fabricate success stories. The narrative further scrutinizes ICT's penchant for claiming unparalleled trading insights and the manipulation of his follower base through promises of exclusive knowledge and success, ultimately suggesting that ICT's methodologies are fundamentally flawed and rely heavily on deceptive practices to attract and retain followers.

10:08

📉 The Flaws in ICT's Trading Strategies

This paragraph continues the critical analysis of ICT's trading strategies, focusing on his back-testing methods and the selective presentation of trading concepts. It emphasizes how ICT's approach, which allegedly involves cherry-picking data and crafting narratives around selected success stories, fails to hold up under more rigorous scrutiny. The critic underscores the statistical insignificance of ICT's strategies, arguing that they are not only ineffective but can be counterproductive. The narrative suggests that ICT's teachings could potentially mislead traders into making uninformed decisions based on flawed assumptions and manipulated data.

15:11

🧠 Questioning ICT's Integrity and Methods

In this paragraph, the critique becomes more personal, delving into ICT's character and the authenticity of his claims. The critic challenges ICT's narrative of altruism and his assertion of trading on a demo account as proof of his prowess. It also raises questions about ICT's mental health claims, suggesting they may contribute to or explain some of his grandiose assertions about the trading market and his own capabilities. The narrative paints ICT as a manipulative figure who uses his platform to mislead followers for personal gain, while also potentially suffering from delusions that affect his perception of reality.

20:12

📚 ICT's Dubious Mentorship and Claims

This paragraph scrutinizes ICT's mentorship program and the veracity of his trading success claims. It highlights allegations of ICT blowing up accounts during his mentorship, requiring non-disclosure agreements from participants, and failing to fulfill promises of charity donations. The narrative also delves into bizarre claims made by ICT, including receiving trading insights from divine sources and being threatened by mysterious figures for sharing his trading 'secrets.' The critic aims to expose the absurdity and potential deceit in ICT's narratives, suggesting they serve more to build a cult of personality than to offer genuine trading insights.

25:13

⚖️ Debunking ICT's Smart Money Concepts

This paragraph offers a comprehensive critique of ICT's Smart Money Concepts (SMC), arguing that they are no more effective than basic trading strategies like support and resistance. The critic posits that the success of any trading strategy, including ICT's, relies heavily on the trader's discretion and experience rather than the strategy itself. This section suggests that ICT's concepts are repackaged basic principles sold under the guise of proprietary knowledge, and that the perceived superiority of ICT's methods among his followers stems from ego and the cult-like atmosphere he cultivates, rather than any demonstrable trading success.

30:17

📈 Reality Check on Trading Success and ICT's Influence

The final paragraph offers a reality check on the nature of trading success and the influence of ICT's teachings. It challenges the notion that passing a trading evaluation or adopting ICT's methods equates to long-term profitability. The critic emphasizes the importance of consistent performance over time rather than short-term wins, suggesting that ICT's celebration of isolated successes misrepresents the true nature of trading success. The narrative concludes by critiquing the cult-like following ICT has developed, attributing it to manipulative practices and a misunderstanding of market dynamics, rather than genuine trading acumen.

Mindmap

Keywords

💡ICT

ICT stands for Inner Circle Trader, a figure central to the video's narrative, portrayed as a controversial trading mentor. The video scrutinizes his trading methods, mentorship programs, and claims of success. ICT's approach, involving concepts like 'smart money', 'fair value gaps', and a proprietary 'algorithm', is critiqued for lack of transparency and questionable effectiveness. Examples from the script include discussions on ICT's alleged manipulation of trading results and his emphasis on teaching for 'free' while generating significant income.

💡Photoshop

In the context of the video, 'Photoshop' is used to describe the act of altering images to falsely represent trading success. ICT is accused of photoshopping a withdrawal, purportedly to mislead followers about his trading profitability. This instance is highlighted as evidence of deceit, undermining ICT's credibility and casting doubt on his claims of trading expertise.

💡Defamation

Defamation is mentioned in the video in relation to ICT's reluctance to sue the video's creator for defamation, suggesting that the accusations made in the video are true. This highlights the legal implications of making false claims against someone and suggests that ICT's failure to take legal action indicates the validity of the video's claims.

💡Back Testing

Back testing is a critical concept in the video, referring to the method of testing trading strategies against historical data. The video accuses ICT of relying on 'hindsight trading' or selecting favorable outcomes to showcase the success of his strategies. This critique suggests that ICT's methods are flawed, as they allegedly cherry-pick data to support predetermined conclusions rather than providing a reliable framework for future trading.

💡Discretion

Discretion in trading, as discussed in the video, refers to the subjective judgment traders apply when deciding on trades, beyond what indicators or systems suggest. The video argues that ICT's trading concepts require such discretion, implying that his methods lack a solid, reproducible foundation. This criticism points to the idea that ICT's success stories may be more about individual intuition than about the efficacy of his teaching.

💡Algorithm

The term 'algorithm' is central to the controversy surrounding ICT, who claims to have developed a master algorithm that controls market movements. The video challenges this claim, suggesting it's implausible and lacks evidence. This critique underlines the broader skepticism about ICT's methods and the feasibility of such an algorithm in the unpredictable and diverse world of trading.

💡Smart Money

Smart Money is a term used by ICT to describe his approach to trading, which supposedly aligns with the practices of institutional investors. The video critiques this concept, suggesting that ICT's definition and application of 'Smart Money' principles are misleading and do not offer a genuine advantage to his followers. This term encapsulates the critique of ICT's purported insider knowledge and trading strategies.

💡Manipulation

Manipulation is a recurring theme in the video, referring to ICT's alleged efforts to distort the truth about his trading performance and methods. The video suggests that ICT manipulates both data and narratives to maintain the illusion of success, including disabling comments on YouTube to avoid scrutiny. This keyword underscores the video's accusation of dishonesty and deceit in ICT's interactions with his followers.

💡Cognitive Dissonance

Cognitive dissonance is mentioned in the context of ICT followers struggling to reconcile their beliefs with the contradictory evidence presented in the video. This psychological concept is used to explain how some of ICT's followers might ignore or rationalize the discrepancies between ICT's claims and their own trading experiences. It illustrates the emotional and cognitive challenges in confronting deeply held beliefs.

💡Cult

The term 'cult' is used in the video to describe the fervent following ICT has cultivated, likening his mentorship program to a cult-like group that discourages dissent and critical thinking. This comparison is drawn to highlight the extreme loyalty some followers exhibit, despite evidence that questions ICT's legitimacy as a trading mentor. The video uses this term to critique the social dynamics and influence ICT wields over his audience.

Highlights

ICT's multi-million dollar withdrawal discovered as being photoshopped, lacking a minus sign.

ICT claims a fraudulent withdrawal was a joke after being caught.

ICT admits to making more money teaching than trading.

ICT's history of failed trading accounts and competitions highlighted.

Claims of ICT's trading success scrutinized due to lack of live trading evidence.

ICT's teaching methods criticized for relying on hindsight and cherry-picked data.

ICT's failure in the Robin's Cup trading competition noted.

ICT's credibility questioned due to inconsistent and exaggerated claims.

Allegations of ICT's mentorship lacking transparency and using NDAs.

ICT accused of fabricating stories about being threatened over trading secrets.

Critique of ICT's claim to have coded a market-controlling algorithm.

ICT's manipulation tactics and cult-like follower behavior highlighted.

Concerns raised about ICT's mental health claims influencing his trading philosophy.

ICT's concepts criticized for lacking empirical support and promoting a flawed trading methodology.

Criticism of ICT's promotion of his free content while making substantial income from YouTube and mentorships.

Questioning the authenticity of ICT's trading success stories and the validity of his trading concepts.

Transcripts

play00:00

if you think I'm a fraud in a scammer go [ __ ]  yourself okay that's as plain as I can make it for  

play00:04

you [ __ ] you ICT will say this video is BS but  what he doesn't want you to know is that he won't  

play00:10

take any real action like suing for defamation  because everything you're about to see is 100 True  

play00:15

with sources to all evidence every single defense  of ICT and his trading Concepts is Thoroughly  

play00:21

refuted later on I don't need to fake a statement  I don't need to have to do any Photoshop most of  

play00:26

you already know that ict's big multi-million  dollar withdrawal was discovered as being  

play00:31

photoshopped because he forgot to add a minus sign  to the picture not only did ICT adamantly defend  

play00:36

this withdrawal as being real and attack those  who didn't believe him but after he was caught ICT  

play00:41

then claimed he did it all as a joke I literally  left the negative symbol off as a [ __ ] joke the  

play00:48

man who deleted access to hide his account  being down and the same man who photoshopped  

play00:52

a withdrawal is here saying he doesn't need to  photoshop anything fake anything or hide anything  

play00:57

I've made so much more money teaching than I  did trading I can tell you honestly you made  

play01:03

that algorithm see my name more times than anybody  else could have done it and I thank you for that  

play01:07

I thank you for that bro my [ __ ] kids are gonna  have a nice Christmas just from that alone quarter  

play01:12

of a million [ __ ] dollars in YouTube earnings  baby okay have I made more money teaching and  

play01:16

mentorship than I have in live trading and the  answer is yes I've made millions millions and  

play01:24

millions and millions more teaching mentorship I  am really really rich now we'll get more into the  

play01:31

Robin's cup later and how he said he was a fraud  if he didn't win right before failing terribly  

play01:35

and then saying he did it on purpose or maybe I'm  mixing up which time he failed which account with  

play01:39

which time he said he did it on purpose of course  we can't trust him to share a screenshot of broker  

play01:44

statements based on his history of photoshopping  although he'd probably mess it up so go for it and  

play01:49

yes this is just over half a year of trading  from August 3rd 2015 to February 2016 and as  

play01:55

you can see the total return was minus 97 the  funny thing is that the ICT followers who have  

play02:02

been around for a while mostly collectively agree  that ICT himself is extremely bad at trading it's  

play02:07

only the new traders who don't know his history  that think he's good at his own Concepts now you  

play02:12

might be confused by ict's constant boasting of  calling price to the tick and calling the market  

play02:17

every day when you go to his Twitter and only find  tweets about fair value gaps two hours after they  

play02:21

happened tweets about how he entered a position  nine hours ago or vague things like I think the  

play02:26

market is going to go down more which makes him  right as long as the market doesn't pivot in  

play02:31

that exact moment and then you go hmm that's  weird Twitter isn't a broker let me go check  

play02:36

his YouTube channel for all that real-time live  he's always talking about but all you'll find is  

play02:40

information about how to trade price action that  already happened it was all demo I've never shown  

play02:46

any live trading ever ever in a live account this  is why ICT acts like this anytime someone asks  

play02:53

him to show a track record of his trades see  when it comes to avoiding having to show real  

play02:58

documents about his long-term Trading performance  he wants you to believe that his tweets call outs  

play03:03

and recorded trades uploaded after they're over is  proof of him being amazing at trading however when  

play03:08

that stops being convenient for him suddenly  tweets call outs and individual trades mean  

play03:13

nothing and now a third party audited statements  are all that matter it makes it even funnier to  

play03:18

think about the fact that he's failed the Robin's  Cup every time and has failed every account he's  

play03:22

ever shown yet somehow walks around challenging  anyone who points out stuff that he does that  

play03:27

makes him look bad to a trading competition just  wanted to point out that somehow ICT has created  

play03:31

a new term called real-time live which refers  to tweeting and uploading single trades after  

play03:36

they're over on screen are some techniques you  would use if you wanted to give the impression  

play03:40

that you were good at trading to fool an audience  oh what a coincidence this is what ICT does if  

play03:45

you're wondering why uploading individual trades  means nothing it's because it's the easiest way  

play03:50

to trick people just only upload the wins ICT  doesn't show the running balance on accounts  

play03:54

when he uploads those trades hmm I wonder why what  could possibly be the reason that every Guru shows  

play03:59

no verified long-term results and only shows  individual trades and here's a screenshot from  

play04:04

a few years ago of him saying he was a fraud and  didn't know how to trade if he didn't win right  

play04:08

before failing like he has every other time he's  entered I don't understand ict's obsession with  

play04:13

the Robbin's cup which is mostly just because  he's an extremely talented manipulator and this  

play04:18

makes him look really stupid he goes around  saying Robbin's cup is all that matters and  

play04:21

calling trades means nothing in order to get out  of situations he put himself in while also saying  

play04:26

I can call price to the tick while also saying  Robbin's cup means everything yet he's failed  

play04:31

it every time but I'm thankful that he made  this video easy to make here's a screenshot  

play04:35

of an old ICT mentorship moderator claiming that  ict's Robbin's account was down over 60 percent  

play04:40

before it got deleted and on the right is a great  documentation of ego I'm just saying my stuff  

play04:47

is superior to everybody else's I have the best  tools in trading I have the best models in trading  

play04:52

and if I'm trading in the optimal time there  is nobody that's going to trade better than me  

play04:56

that's not ego that's the facts and I made a multi  multi multi multi multi-million dollar Empire on  

play05:04

a [ __ ] demo account the greatest Trader in the  World trades on demo while claiming he can do it  

play05:10

on a live account but I don't think he can because  a live account has no reset button you're a liar  

play05:15

okay I can take you to my garage okay and show  you my Audi R8 I can do that I can show you my  

play05:20

two Lamborghinis okay I can do that I feel you on  a daily basis that you're full of [ __ ] that you  

play05:26

have nothing you say I suck prove to me that I  suck because I guarantee you in one week I will  

play05:32

twice I'll do more than 10 times which you can  earn in Pips so I'm off my soapbox balls in your  

play05:38

court bit so now let's go over to the charts ICT  is constantly going on about how great he is for  

play05:43

doing everything for free in fact it's basically  his main selling point now you're seeing tweets of  

play05:48

him mentioning the word free some of them aren't  relevant but almost all of them are him alluding  

play05:52

to how great of a person he is for doing things  for free and that somehow him doing it for free  

play05:56

validates his trading Concepts sure the man who  made millions and millions of dollars selling a  

play06:01

mentorship multiple times while failing trading  accounts and having to photoshop a withdrawal to  

play06:06

convince people that he's not the worst Trader of  all time is a saint because he makes back testing  

play06:10

videos for free right the guy who makes twenty  five thousand dollars a month just in YouTube  

play06:15

ad revenue is doing it for free it's free he's  not charging you anything you are the product  

play06:21

and watch this video in the top right if you want  to learn exactly how much money per thousand views  

play06:26

trading YouTubers make keep in mind that before  Michael did his mentorships where he got all his  

play06:30

money from he didn't post videos bragging about  his wealth or constantly mentioning how rich he  

play06:35

was really really rich now it was only after this  that we began to be bombarded by constant bragging  

play06:41

tweets his Mansion his pool his Corvettes and  other vehicles that big old RV and everything  

play06:47

else now ICT is currently experiencing the same  cognitive dissonance that every ICT follower  

play06:52

has felt during this video information that  doesn't align with your beliefs causing yucky  

play06:57

feelings in the brain for ICT this is happening  because he portrays himself as a saint for doing  

play07:02

everything for free but selling books would cost  money and now he doesn't know what to do because  

play07:06

his brain is going uh oh that would remove my  biggest selling point anybody else doing that  

play07:11

for [ __ ] free no and you know what you know I  was going to write books I have them I have them  

play07:17

right now they're they're ready to go but you  know what happens if I do that the same little  

play07:22

bits that sit around around and talk [ __ ] about  me oh see this is where he's getting his next bit  

play07:27

of money now I don't need to do that I'm going  to release him for free so go [ __ ] yourself  

play07:31

enjoy working the rest of your [ __ ] life and yes  they're gonna [ __ ] Trader alive that can beat me  

play07:36

period talking all that [ __ ] oh he's making up  some dumb [ __ ] come on [ __ ] I will light you  

play07:42

on fire want to count third party audited a whole  year that's how you know someone can trade better  

play07:47

releasing books is an easy way for ICT to make at  least a million dollars let's not forget about the  

play07:53

fact that ICT said that some of his mentorship  money would go towards charity which he never  

play07:58

did and he also heard instructions on how to  trade from God but I'll cover that more later  

play08:02

when I set out to pursue my suspicion that ICT  was basing everything he teaches about trading  

play08:07

through completely invalid and atrocious back  testing AKA hindsight trading within the first  

play08:13

three minutes my mind was blown on screen are my  academic credentials which thankfully puts me in  

play08:18

a great position to obliterate everything that ICT  teaches in one Fell Swoop this includ included an  

play08:24

entire class dedicated to research methods and  yes it was as awful as it sounds I only say this  

play08:29

because I know what I'm talking about when it  comes to human error and analyzing data ICT is  

play08:34

really good at trading charts that have already  happened but once again there's a reason he  

play08:38

doesn't trade live now this video is from ICT  showing you how to find explosive price moves  

play08:44

before they happen this is about having specific  criteria for candles in order to determine if the  

play08:49

next move will be explosive and it's using a  weekly price chart the blatant flaws from him  

play08:54

you're about to see are consistent through all  of his teaching videos which includes all of his  

play08:59

mentorship trading models so using that criteria  these are the candles he selected as indications  

play09:05

of an explosive move looks pretty good right  I mean look at that but what happens when we  

play09:10

use ict's criteria to not exclude the instances  where the candle size didn't result in a big move  

play09:16

after and now we introduce my new nickname for  ICT I had a whole section on new nicknames but  

play09:21

I decided to take it out but you know you know he  loves his nicknames I propose we label him as the  

play09:26

Maryland sharpshooter in reference to a logical  fallacy called the Texas Sharpshooter which is  

play09:31

when you cherry pick a data cluster to suit your  argument this is the entire basis of everything  

play09:36

he teaches now I used the largest candle that he  selected as the maximum size of other candles so  

play09:43

nothing that I highlighted is bigger than his  maximum criteria you'll also notice that when  

play09:47

a candle didn't actually predict anything but  had another small one after he extended the  

play09:52

highlights to two weekly candles he completely  ignored every instance where the candle didn't  

play09:56

result in what he wanted to show even though it  matched his criteria and I have highlighted all of  

play10:01

those in pink now in this instance determining an  explosive move is a yes or no outcome which means  

play10:08

the criteria will either work or it will not what  he is teaching here Works worse than a coin flip  

play10:14

an ICT is extremely adamant in that he doesn't do  50 50. he does worse than that now what else does  

play10:20

ICT do Beyond just blatantly horrible back testing  he also Cherry picks a specific moment in time to  

play10:26

try and show that what he's teaching works this is  what happens when you use a more adequate sample  

play10:31

size to test an idea and guess what his 33 success  rate on determining a yes or no event drops even  

play10:38

lower to 27 this means that what he's teaching  is so incredibly flawed and incorrect that you  

play10:44

can actually use what he's teaching to determine  the likelihood of something not working yes you  

play10:48

heard that correctly you can use ict's Concepts  here with statistical significance to determine  

play10:54

that the next candles won't be an explosive move  and guess what even if I was wrong on over half of  

play11:00

my highlighted examples it would still be worse  than a coin flip are you are you understanding  

play11:06

that and don't forget that ICT said that frauds  teach from the left side of the charts while  

play11:10

his entire approach to teaching is based on back  testing also don't forget that every account is  

play11:15

publicly tracked has either been completely blown  or finished negative now ict's selection of data  

play11:20

was about a year worth of action up to the date  of his recording but this change is nothing going  

play11:25

further back shows the concepts working terribly  and showing the action past the uploading of this  

play11:30

video gave the same results there is no possible  defense of this Beyond logical fallacies which is  

play11:35

what the comments will be filled with also here's  ICT confirming everything I've already told you  

play11:40

that's how I teach my students to back test it's  not pushing a market replay and watching a trade  

play11:46

pan out that's a that's a walk forward test  that's not that's not what I'm saying before  

play11:50

you even get there you got to spend time in Old  price moves annotate your charts you walk out  

play11:55

the whole details of what you see through the  benefit of hindsight and you're going to see  

play11:59

these reoccurring things repeat over and over  again and then you'll be confident when you  

play12:04

see me tweeting note this fair value Gap here  and note this by side what am I saying when I  

play12:10

do that did I say buy the fair value Gap and take  profits at that buy side liquidity no he literally  

play12:16

encourages completely flawed back testing I mean  it's insane and if you aren't with me on that you  

play12:22

will be in one sec deck because this is how ICT  manipulates you Traders can tweak their strategies  

play12:27

to fit historical data perfectly creating the  illusion of profitability Traders might test  

play12:32

multiple variations of a strategy on the same  historical data set and then select the one  

play12:36

that performs the best this one fits perfectly  because ICT has dozens of Concepts to choose  

play12:41

from and encourages traders to use variations of  them together Traders May inadvertently curve fit  

play12:46

their strategies to historical data by continually  adjusting parameters until they achieve impressive  

play12:51

results they learned this one from ICT who makes  slight adjustments to criteria all the time in  

play12:56

order to get the data to show what he wants you  to see Traders May consciously or unconsciously  

play13:01

cherry pick data points that align with their  desired outcome while neglecting those that  

play13:05

do not because that's exactly where the algorithm  is going to go don't take my word for what I just  

play13:09

said don't just say because ICT said it I believe  it no go back and look through your charts and you  

play13:14

will see what I just said is algorithmically  proven to you it goes on every single week it  

play13:19

happens this way all the time it does it all the  time it's Flawless it never fails it's always in  

play13:24

the charts you can set your life around it as a  model this is one way that you can look outside  

play13:29

of the am session in the PM session and go right  in there once you understand how liquidity works  

play13:33

and what you're looking for that could be  your model your setup it's why he teaches  

play13:37

through action that's already happened and why  he doesn't live stream trades consistently live  

play13:42

streaming would remove the illusion they may  Overlook or downplay contradictory patterns  

play13:46

or data dismissing them as outliers or anomalies  confirmation bias can be particularly pronounced  

play13:51

in group settings where individuals with similar  beliefs reinforce each other's views but I want  

play13:56

the opportunity for him to receive all the  glory all the praise all the attention I don't  

play14:02

want that if I wanted it I'd stay around I'm at  the height folks if you think this is all about  

play14:07

beating my chest and bragging this is not bragging  think listen to what I'm about to say I'm at the  

play14:12

biggest I've ever been and I'm leaving that was  an audio clip of ICT saying that if he was doing  

play14:18

all this for attention then he wouldn't be leaving  but since the date of that Twitter space audio I  

play14:23

CT has already announced that he's coming back  he has done this repeatedly over the years and he  

play14:28

will do it again he'll make some dramatic tweets  about how he's going to leave his students get  

play14:32

upset and then he says I'll be back why did you  leave baby Pips get to the point bro let's go

play14:49

but it was supposedly someone else or  supposedly she's saying it was me and I was  

play14:55

[ __ ] puppy ICT was banned from baby Pips for  sock puppeting which means a fictitious online  

play15:01

identity created for the purposes of deception  AKA creating accounts with different names that  

play15:06

you secretly control he said he wouldn't do  another paid mentorship he did he used to say  

play15:11

that he couldn't live stream or show his trades  because it would reveal the secret algorithm but  

play15:15

maybe he stopped saying that after people told  him how stupid of an excuse that was he has  

play15:20

YouTube comments off ensuring that his followers  are shielded to any doubters and by doubters I  

play15:25

mean people like me pointing out objectively true  things that cannot be argued against by anything  

play15:29

other than calling me names and saying that I'm  doing this for attention reminds me of when I  

play15:33

exposed the trading geek and he turned off YouTube  comments I know I already mentioned this but ICT  

play15:38

acting like a saint and constantly mentioning  that you can learn from them for free as he  

play15:42

makes 25k a month on YouTube and made millions  of dollars off of selling mentorships drives me  

play15:47

insane the only people who's fooling with that  one are the new traders who somehow think that  

play15:51

free means he's doing it out of the kindness  of his heart rather than for YouTube ad Revenue  

play15:55

new but most importantly the attention he is so  desperate to get from thousands of followers who  

play16:00

worship His every word ICT has also claimed  in the past that some of those accounts he  

play16:04

failed were on purpose yeah and once again some  people actually believe this starting an account  

play16:09

hyping it up about growing it failing it and then  being like yeah I actually did that to teach you  

play16:14

very important lessons no you this is one of my  favorite ways to summarize ICT Concepts man those  

play16:22

squares and rectangles on your chart are garbage  you gotta learn about the squares and rectangles  

play16:26

that ICT talks about those ones work okay time to  talk about the algorithm no matter how many times  

play16:32

I read about it I still can't wrap my head around  the fact that people believe this also here's a  

play16:36

funny tweet social media allows pathological Liars  to breed like roaches a bit ironic right ICT says  

play16:43

that his algorithm Enigma is what makes price move  he says that the market doesn't move from buy or  

play16:48

sell orders it's Enigma that moves it and he says  that he created it it's not even worth getting  

play16:53

into the absurdity of that more because the people  who believe that are never going to hear something  

play16:58

that changes their mind and the rest of us are  already like how can anyone possibly believe this  

play17:02

so we are at a stalemate you cannot reason with  a rationality as Sam KB stated here's the basis  

play17:08

of ict's recruitment for new beginners you are a  failing Trader then you find ICT who says you're  

play17:13

failing because it's rigged the trader goes oh no  way that makes sense then ICT goes luckily for you  

play17:18

I know the algorithm that controls price and then  the trader goes oh wow thank you so much and bang  

play17:24

they're hooked for Life his method of learning new  Traders is literally that the markets are rigged  

play17:28

and that he has all the answers it's not your  fault that you're failing come over here and I'll  

play17:33

teach it for free he actually said that he holds  the Grail as in his concepts are the Holy Grail of  

play17:37

trading as a community of Traders we collectively  agree that there is no Holy Grail in trading nope  

play17:43

ICT actually has it because he coded the market  engine of where price goes before Banks see it  

play17:48

and are allowed to deal with it what now I really  didn't want to include this in the video because  

play17:51

I don't want it to take away from the main points  but after learning more about IC T and the things  

play17:56

he believes and claims I have no choice I do have  a mental illness I am bipolar I am obsessively  

play18:02

compulsive now as someone who learned extensively  about bipolar disorder during college since I was  

play18:07

going to become a therapist oh yeah maybe maybe  I should start calling myself your therapist  

play18:12

therapist kind of a cool little word play on  ict's nickname of your mentor's Mentor either  

play18:17

way I immediately recognized everything ICT was  saying as delusions of grandeur and I personally  

play18:22

spent quite a bit of time at a psych ward with  a man going through a manic episode which is the  

play18:26

part of bipolar disorder that can cause delusions  of grandeur no no no I was there drop shadowing  

play18:31

an employee or maybe that's just what I believe  huh I'm not harping on mental illness at all or  

play18:37

using it to attack I'm simply pointing out that  believing you coded the algorithm that controls  

play18:41

the market and that people will come to your  house at night if you reveal too many Secrets  

play18:45

is the best example of a manic episode I've ever  heard Mania is characterized by delusions that  

play18:50

are clearly untrue and far-reaching the man I  spent time with in the psych ward tried to gift  

play18:54

me 10 cars he did known but believed he did pay  attention to the part there that says belief that  

play18:59

one has a special relationship with a supernatural  entity cult leaders for example might believe they  

play19:04

can communicate with a God or that they are a  manifestation of a God on Earth this is where it  

play19:08

gets interesting I do have a mental illness I am  bipolar I am obsessively compulsive and I am not  

play19:14

perfect but God has used this frail man that has  very humble beginnings very very humble beginnings  

play19:21

and used me to impact so many of you being wealthy  is insignificant my wealth is knowing that I've  

play19:29

had the privilege to be able to share this with  you but I don't want to take any of the credit  

play19:35

I don't want any of the credit he's picked me  up like a pen and I've submitted myself to him  

play19:40

and the things that you've learned came from him  that's the truth that's it whether you choose to  

play19:45

believe it or not it matters not to me if it  was somewhere else I got the information from  

play19:50

I promise you I'd say I got it from there I got  it from that person I learned it from there I  

play19:54

got this book over here it came right from him so  yeah there's a still quiet voice and yes I heard  

play20:00

it and it's spoke to me a lot in my life I want to  make myself available so I can hear it more often  

play20:06

delusions of grandeur is the only way my brain can  comprehend someone believing what he does maybe  

play20:11

it's unrelated maybe not I would never attack  someone for a mental illness I'm simply trying  

play20:16

to connect some possible dots to explain an absurd  situation I myself went through quite a big phase  

play20:22

of depression due to listening to hours and hours  of ICT Twitter Space videos and reading two years  

play20:27

worth of his tweets that's a little thing I like  to call a joke because mental illness is a touchy  

play20:32

subject I have been working on this for three  months and it is killing me here's a screenshot  

play20:36

of an alleged member of his mentorship from 2018  claiming that ICT blew two accounts during it it's  

play20:41

also true that he had everyone sign ndas as well  as satisfaction agreements to try and make it so  

play20:46

nobody could get a refund I know that like me upon  seeing this you will think it's not real but it  

play20:51

is I will now paraphrase a long message sent by  ICT a few years ago I met two older gentlemen on  

play20:57

August 6 1994 and I was interviewed three times  in person their names were Parson and Tobias  

play21:04

they were much older than me then and they were  very interested in how I was running my results  

play21:08

in open Forum on AOL then since those interviews  Parson made it known he regrets it all and yes I  

play21:14

received threats over the past 25 years yes I have  been followed in my family I have had visits at my  

play21:20

homes that aren't listed publicly by them do I  believe them when they tell me the consequences  

play21:25

if I reveal what I know yes when you have to sit  with these men multiple times over the past two  

play21:30

decades and yes you'd be scared yes I know what  they can do yes I am stopping my mentorship as  

play21:37

a result of it you folks are not aware of the  things I know and have seen some of you fakes  

play21:41

pretend to be woke but are blind to it all I have  lived my life in many online identities and tried  

play21:46

to expose what I felt was reasonable when I got  too close to the goal line I received a call or a  

play21:52

visit I moved and still they would reach out to me  you don't know the half of it you don't know fear  

play21:57

until you were driven in a car to a location where  you were met with several men and things presented  

play22:02

as a response for doing what you feel the public  deserves to know does this make a man a fraud no  

play22:07

it makes them a sane man you will likely never  experience Terror in your heart when you are  

play22:12

accompanied by people who never speak and you are  sat in the circle of them and are warned words  

play22:17

don't reach far enough this is why I call myself  Inner Circle traitor my logo is a fib sequence  

play22:23

applied to circles that was the passcode to enter  the offices I was taken to I was not permitted to  

play22:28

see the way to it and I had to ride in the back  of a closed van without windows so when you see  

play22:33

people utter the words smart money they haven't  the faintest idea what they are talking about now  

play22:38

you know who they are and why you will never beat  them so either this is delusions of grandeur from  

play22:43

his self-admitted diagnosis of bipolar disorder or  this is some narcissistic attempt at manipulation  

play22:48

or I don't know just a big problem with lying  whatever the answer is it's quite shocking but  

play22:54

either way if you want to start a cult this  is the kind of stuff you have to do ICT is  

play22:58

extremely clever in the way he speaks and he has  been manipulating the reaction to him for a long  

play23:02

time he knows what he's doing most of the time  but don't take it from me here's ICT saying it  

play23:07

himself all I gotta do is do what it is I do  and people are gonna flock there I know how  

play23:12

to start a fire a dumpster fire I know how to  cause a spectacle I can bring a controversy I  

play23:17

can twist in life and get trolls chattering I can  get people pissed off at me I can win them back  

play23:23

I can start someone on the path and they'll think  I'm the greatest thing since sliced bread he has  

play23:28

followed the rules and done exactly what you're  supposed to do if you want to build an audience  

play23:32

of loyal members who practically worship you  but you see subtle manipulation with carefully  

play23:37

selected words stops being so subtle when you  collect every tweet of its mention and then you  

play23:42

start to see The Genius of his evil little brain  with lots of manipulation ripples truth the longer  

play23:47

you wait you will see I have told you nothing but  the facts you will hear fanciful excuses but you  

play23:53

know the truth in half since I told you beneath  the distractions of retail indicators exists  

play23:58

the unrivaled truth smile you know the truth  the truth may be inconvenient but it's still  

play24:03

the truth that's an interesting one I wonder if  ICT will smile when he watches this video since  

play24:07

this is all the truth nothing is random in price  delivery if you don't know don't assume everyone  

play24:13

else should subscribe to ignorance right along  with you the truth is here what context the truth  

play24:19

why did I take this trade how come I did that  easy the truth idiot behold the reality and  

play24:26

power of the truth instead of arm wrestling  the truth and denying the power of knowing  

play24:30

it does have a puppeteer align yourself with  it AKA don't question anything just believe  

play24:35

everything I'm saying I'm sorry if the truth is  inconvenient for you hey Alan that one sounds  

play24:40

familiar when you spend your life on one side  of a two-way mirror convinced you see the truth  

play24:45

it is understandable to feel empowered however  you don't know who is looking at you in reality  

play24:50

I prove my Concepts and my prowess is  superior and without making up lies  

play24:56

um well what I showed was ample evidence of  superior insight there is a small fraction  

play25:02

who refused to accept it and how Superior it is  electing to use retail theories and Antiquated  

play25:07

Concepts there has been nothing like what you  learn here ever taught by anyone else before me  

play25:13

deny them they will say anything make up anything  to distract you from learning this deny them stop  

play25:19

placing faith in useless things you deny the  evidence still doubt is discouraged Liars in  

play25:26

the uninitiated are the only people who would see  it as anything but wisdom if you spend time and  

play25:31

energy fighting people who clearly show you they  aren't on board with your views you will waste  

play25:35

time literally encouraging you to not engage  with anyone who doubts ICT Concepts creating  

play25:40

an US versus them mentality oh I see you are lazy  no capacity to understand charts move on this is  

play25:47

too much meat scared pee your pants I Det kill  everything for people like you to make a change  

play25:53

from the ignorant miserable specimen you exhibit  here this is one of my personal favorites because  

play25:58

people are constantly talking about how one hour  worth of ICT videos could just easily be shortened  

play26:03

to a couple minutes of useful information and ICT  is clearly very sensitive about that topic so you  

play26:10

know instead of adjusting his own behavior  because he's perfect he lashes out at anyone  

play26:14

who complains about all the nonsense he talks  about he already turned off this Twitter space  

play26:18

because it ain't telling you what you want to  hear good get the [ __ ] out of here weaklings  

play26:23

are not capable of sustaining the pace of showing  up daily if you were lazy or not overly concerned  

play26:29

with the relevant details I made this week you  will drown in what I have coming next Tuesday  

play26:33

and thereafter time to level up your note-taking  and roll your sleeves up folks funny how God uses  

play26:39

the most unlikely of people what if you asked God  to open your eyes and then you heard instructions  

play26:44

that worked oh man how many people are even left  watching this video there's just so much stuff to  

play26:50

cover those it's not it's not even entertaining  hmm what would a cult leader say to people who  

play26:55

call it a cult ICT ah yes the real cult is the  haters brilliant throw it right back at them  

play27:01

hey ICT how come you've never successfully traded  an account long term and then he's like yup just  

play27:06

another hater trying to stop you from learning  the truth deny them all of these quotes clearly  

play27:11

demonstrate the criteria for a cult with ICT as  its leader questioning of ICT in his Concepts  

play27:16

is discouraged they believe that they are Elite  and above other traitors and call it smart money  

play27:21

Concepts and let's acknowledge Michael's full  online name Inner Circle Trader Inner Circle Us  

play27:28

Versus Them is literally implied in his name he  shames people who don't want to sit through his  

play27:33

videos where members are expected to devote  inordinate amounts of time watch what happens  

play27:37

when this video goes out check Twitter check  the comments for the ones I don't ban for being  

play27:41

entirely unreasonable and out of control and watch  how ICT responds the funny thing is that many of  

play27:46

his members will actually devote themselves even  more to ICT and here's why when you become part  

play27:51

of our community you're now part of this Hive  mentality we're winning We're The Cult of [ __ ]  

play27:57

winning okay if you got a problem with that get  the [ __ ] out of here we don't mess around with  

play28:01

people that don't want to do the right [ __ ]  okay you want to make money you want to learn  

play28:05

how to read these markets and know exactly what's  going on you are in the right place I'm not asking  

play28:09

you for a [ __ ] dime you ain't got to do anything  but show up take notes and repeat that same thing  

play28:14

every single week and I promise you come November  you're a [ __ ] Savage okay you're gonna know  

play28:20

exactly what you're gonna do and if I collected  half a dozen of you or a dozen of you and say  

play28:25

okay come together right now what do you trade how  do you trade it's not going to be an agreement but  

play28:30

you're all going to be profitable independent  mindsets looking for some very specific things  

play28:34

that are algorithmic they repeat they're time and  based time and price based premise these things  

play28:40

are going to repeat because there is a [ __ ]  algorithm because it's coded it's going to do  

play28:45

this [ __ ] because it's supposed to do it time  to talk about ICT Concepts and I already know that  

play28:50

I'm going to have to link this section to a ton of  people who leave comments that just make me shake  

play28:54

my head take a deep breath and tell myself that I  can't help everybody so I've proven to you that he  

play29:00

teaches you through completely flawed back testing  that only works because he selects the instances  

play29:04

where it works and excludes the instances where it  doesn't this is not an opinion I proved it to you  

play29:09

and did my best to incorporate a bit of proper  research methods criteria without boring you to  

play29:13

death we already know that ICT himself can't trade  his own Concepts but we've already covered that so  

play29:19

we're just talking about the concepts themselves  no I don't think all of ict's fair value gaps no  

play29:25

I don't think that fair value gaps are the only  thing it's just the subject we'll stick to for  

play29:29

the rest of the world who doesn't know all 800  of ict's models now I spoke to a very prominent  

play29:35

generous and kind member of the ICT Community  about this screenshot here with a simple question  

play29:40

is this indicator following ict's criteria and  I got an excellent response the problem with the  

play29:45

indicators is that they label every instance of  the criteria being hit this means the indicators  

play29:51

are accurate but that's where it gets tricky  it's too accurate because of this it eliminates  

play29:55

the factor that allows for the possibility of  profitability trading ICT Concepts and that factor  

play30:01

is discretion discretion is the unquantifiable  aspects of trading like narrative context overall  

play30:07

feel or whichever term you like to use you know  how to label the various models on the chart but  

play30:12

you have to pick and choose which ones to label  in order to be consistently profitable we agree  

play30:17

on that I believe ICT talks about how experience  and practice is the only way to make it work for  

play30:21

you with your own choice of models to use so we're  all in agreement what you have agreed to is that  

play30:26

the concepts don't work on their own they need the  human aspect to make work this makes ICT Concepts  

play30:32

no different from basic support and resistance  supply and demand moving averages and every other  

play30:37

system smart money concepts are just a lens to  see price action through the boxes you draw on  

play30:43

the chart have no actual influence or long-term  consistent predictive power because you'd code  

play30:47

it and automate it if it did but there's nothing  wrong with that this is the beautiful thing about  

play30:52

trading all of us are learning the same thing  price action where are those candles going to  

play30:57

go that's it but we all differ in the approach we  take to learning the same common denominator if  

play31:02

you want to think of price action as how a bank  would be trading it great if you want to think  

play31:06

of price action in relation to a combination  of indicators and how it interacts great but  

play31:12

don't for a second fool yourself into thinking  that it's the indicators or rectangles on your  

play31:16

chart that are going to make you profitable one  of the defenses of smart money slash ICT Concepts  

play31:21

go something like this I've been trading SMC for  eight months and while there was a big learning  

play31:26

curve in the beginning I'm now starting to see  some good results replace SMC with literally  

play31:31

any trading system that exists and you'll get the  same answer from almost every Trader those tools  

play31:35

you use are a perspective to see price action  through you finally start trading well and then  

play31:40

you think it's the tools that made you better at  trading instead of all the lessons you learned  

play31:43

along the way the only issue here is that the ICT  Community is the only group with the reputation of  

play31:48

thinking they're better than everyone and many of  the members who don't understand how markets work  

play31:52

have that Gap in their knowledge filled in by a  guy who claims to have coded the algorithm that  

play31:56

controls how markets move you have no proof that  you're trading like like Banks and hedge funds  

play32:01

so let's tone down the ego that has been passed on  to you by narcissistic egotistical cult leader who  

play32:07

has admitted through an audio clip played earlier  that he knows exactly how to play people no matter  

play32:11

how many lines you draw on the chart no matter  how many SMC Concepts you use indicators Market  

play32:17

auction Theory order flow tools or anything else  you will never ever be able to know the motives  

play32:22

of thousands of different Market participants of  varying degrees of influence all taking trades  

play32:27

for Unique reasons you'll never know why price  moved you can only guess that is what the ICT  

play32:33

Community doesn't fundamentally understand  because they don't understand what makes a  

play32:37

market function it's not a master algorithm that  controls everything no matter how many times ICT  

play32:42

comes up with a ridiculous story now here's some  actual science rather than a conspiracy theory  

play32:47

built on a story about having a bag put over your  head and transported to a secret office where you  

play32:51

learn secrets about what's truly controlling the  market but let's get something clear here either  

play32:55

the instructions on how to trade ICT SMC are clear  enough to be coded into an algorithm automated or  

play33:01

they're vague enough that discretion is what  truly makes them work this means the system  

play33:05

is no more predictive than triangles and weather  patterns or you're being given instructions for  

play33:10

an algorithm if it doesn't work as an algorithm  as demonstrated by the indicators being literally  

play33:14

too accurate to work on their own because they  plot every instance rather than ones chosen by  

play33:18

the Trader's discretion then discretion is the  true path to profitability and those tools mean  

play33:23

nothing by themselves this also means ICT is full  of [ __ ] but we've already clearly demonstrated  

play33:28

that in this video so what actually is discretion  luckily for you I actually know this one because  

play33:33

of my psychology background the brain learns  and builds memory through two primary methods  

play33:37

that Encompass all other sub-genres explicit and  implicit explicit is intentional memorization like  

play33:44

your rules about trading for me this is memorizing  the price action types I'm bad at remembering to  

play33:49

look at the reminders during the session and other  stuff like when you're studying information for a  

play33:53

test implicit memory is like learning to play an  instrument there are no amount of instructions  

play33:58

or studying on paper that can instantly make you  play Moonlight Sonata at 2x speed you get better  

play34:03

at instruments by playing them for thousands  of hours building up that implicit memory  

play34:07

discretionary training is almost entirely implicit  memory an implicit memory is what builds intuition  

play34:13

this separation and intuition is why the beginning  ICT student is bad and why the person who's been  

play34:19

doing it for two years actually has some success  is that clear this is the scientific explanation  

play34:24

for the previous section this is all I can do now  it's up to you whether or not you want to accept  

play34:29

what's true let's talk about those quote-unquote  profitable Traders on ict's YouTube channel ICT  

play34:35

is relying on cognitive biases and the errors of  the human brain to give you the misconception that  

play34:40

there's just thousands of profitable ICT Traders  out there when you can easily recall instances of  

play34:45

something you think it's happening more often than  it really is this is why you think airplanes are  

play34:50

more dangerous than cars this narrative is also  pushed by the fact that he's constantly talking  

play34:54

about how he makes profitable Traders on Twitter  instead of using actual data to determine how  

play34:58

many profitable Traders there are you say it  works because you can recall a story of a few  

play35:03

but there's a much bigger problem here there are  way too many traders that don't understand that  

play35:07

short-term returns in trading means nothing this  is your job right you plan to do this for the rest  

play35:12

of your life one month means nothing long term if  you can keep that up for a long time then you can  

play35:17

call yourself consistently profitable I forget his  name but there's a guy that ICT trainers reference  

play35:22

to as proof of the concepts working because he  passed an evaluation and then admitted it was  

play35:26

like his 20th attempt great job trading those  two weeks now let's see those returns for a  

play35:31

whole year six months five months four months if  you can do that you've made it and now you just  

play35:35

need to maintain and that's awesome but don't fool  yourself into thinking that passing an evaluation  

play35:40

means you're consistently profitable there's a  lot more work ahead I can show you examples of it  

play35:45

working this demonstrates a failure to recognize  the difference between single examples and actual  

play35:49

consistent profitability single examples mean  nothing I can show you many examples of my cat  

play35:55

meowing as a Buy Signal in it working but it  means nothing consistency is all that matters  

play36:00

he's has made me better at trading I'm not trying  to be mean here but there's no other way to put  

play36:04

it your overall results from Trading don't agree  with that all you've done is the same amount of  

play36:08

learning you would have done on any type of system  that exists because you were just learning price  

play36:12

action the whole time and then falsely attributing  progress to lines and rectangles nobody made you  

play36:17

better at trading you made you better at trading  it's you you are the key that makes non-working  

play36:22

systems work regardless of what your uneducated  psychoanalysis of my motives for making this video  

play36:27

is it changes nothing everything we've covered is  still true hey man you didn't answer my attention  

play36:32

that change is nothing it's all true it only  makes you feel better because you were upset  

play36:36

by facts that didn't align with the beliefs  you refused to change for whatever reason in  

play36:40

the absence of a sound argument people rely on  insults some of you might be wondering why I'm  

play36:45

wasting my time with this section and here's your  answer okay so you finally prove he's a scam then  

play36:50

what do you get satisfaction some of you need  mental health checkups your life priorities are  

play36:55

misplaced your family is damaged man this  is what we're fighting against so strap in  

play37:00

gonna be a bumpy ride thinking something is  valid because it's popular it's not it's not  

play37:05

a thing it's not real this right here is what will  happen due to being offended at facts and having  

play37:09

no actual rebuttal both ICT and his followers will  commit these errors in reasoning appeal to emotion  

play37:15

is ict's best friend because as we discussed  earlier taking advantage of the errors of the  

play37:20

human brain is how he operates in place of real  results and information here's an example of what  

play37:25

ICT says as a way to dismiss valid criticisms or  objectively true information that makes him look  

play37:30

bad now ICT you should tell your son to use trade  day instead of TOP Step there's no activation fee  

play37:35

which makes them cheaper than both Apex and TOP  Step even on their best sales if you pass in the  

play37:39

first month there are zero withdrawal restrictions  and so many more benefits that you can read about  

play37:44

in the video description I trade live every day  as a way to document my journey to consistent  

play37:48

profitability and I'm currently on a trade day  evaluation about halfway to the profit Target  

play37:53

tell your son to use code I'm in trading 20 for 20  off the lifetime of the evaluation and click the  

play37:58

link in the description which supports me at no  extra cost to you trade day doesn't have problems  

play38:03

like this and you're actually being funded into  a live account immediately after passing just one  

play38:07

evaluation Trade Days withdrawals are just a wire  transfer to your bank account rather than using  

play38:12

some third-party company now I'm not consistently  profitable yet which I have in common with ICT  

play38:18

I set out to create my own system about one year  ago and if I can be consistently profitable before  

play38:22

25 years then I'll have beaten ict's trading  record I have 24 years left so wish me luck  

play38:28

now if you're gonna be like haha I knew you were  doing this for attention less than five percent  

play38:33

of viewers are still watching at this point so I  would have put this at the start if that were true  

play38:37

they're the only firm in my support I'm personally  paying for evaluations and resets unlike full-time  

play38:42

prop firm Traders and being Affiliated supports me  at no extra cost to you guess what don't use prop  

play38:47

firms if it's not for you choose Apex if you don't  care about having an intraday drawdown system  

play38:51

do whatever my live streaming is on my second  Channel I'm in trading live thank you so much to  

play38:56

my patrons who have been aware of my descent into  Insanity trying to finish this video unfortunately  

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for me ICT just can't stop incriminating himself  so this took a long time to make my patreon has no  

play39:07

secrets to profitability or anything else it's  just a way of supporting me if you want to see  

play39:12

all of these fraudsters be held accountable I  sell nothing and never will everything I do is  

play39:16

free which ICT can't all right let's never do this  again that took way too long and these Jokers out  

play39:22

there that are trying to discourage you smear my  name they're jealous they're envious because I'm  

play39:27

showing you something that nobody's ever touched  on before and I'm proving it every day on a one  

play39:33

minute by minute basis which is the I mean I  can do it on a 15 second chart if you want I  

play39:38

mean we can do that [ __ ] it I'm gonna do it too  I'm gonna do that and you'll see there's no way  

play39:43

there's no [ __ ] way anybody can argue that there  isn't an algorithm in these markets that deliver  

play39:48

price and it's all 100 controlled and there's  no reason to be upset about that you see these  

play39:53

Jokers out there on the CNBC they'll say oh well  you know the markets have transformed into these  

play39:58

untradable environments and there's no liquidity  out there now because the algorithms absorb it all  

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the algorithms are causing all the problems we  have what the [ __ ] out of here listen listen  

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folks listen closely as soon as the markets became  electronic they have started at that moment to  

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be delivered by an algorithm that means it's all  scripted it's just like WWE wrestling the outcome  

play40:19

is already predetermined and I know that chaps  a lot of people's asses especially the ones that  

play40:24

work at financial institute institutions brokerage  firms Banks I used to be a Trader at Barclays and  

play40:32

we look at all of you retail Traders and we laugh  because our candles have these things inside of it  

play40:36

look at this come and learn from me [ __ ] [ __ ]  you're showing results even with a myfxbook and  

play40:42

it's that little bit Mickey Mouse money and you're  thinking that's a big deal to talk about where you  

play40:46

came from is Barclays Barclays don't know [ __ ]  I'm out here teaching technical science okay this  

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is the real this is the real to the degree of  precision that you cannot see anywhere else there  

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is a [ __ ] algorithm and it's been there since we  have had electronic trading beginning and before  

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that when it was all open outcry those open outcry  Traders were trading in a price feed that they  

play41:08

looked up at that board that board told them what  this is where we're at so what are they trading  

play41:13

they're not making the [ __ ] Market they're  trading in the market that's being made for  

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them when you listen to these people say I was a  former or I am a market maker at this trading desk  

play41:24

at this firm you were not making the [ __ ] Market  you are not making a [ __ ] thing you're making a  

play41:31

list of transactions that you were counterparty to  but guess what that data that feed that price that  

play41:36

you're doing it at it's being piped into you  you can't make up your own price you can't go  

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outside the bidness [ __ ] that's not that's not  making a market you are dealing you are a dealer  

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I am aware of what you believe a market maker  is they got to be delta neutral they they don't  

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care they're just trying to provide liquidity I'm  telling you where price is going to go they have  

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no [ __ ] idea where it's going I'm telling you a  day before a week before a month before where the  

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[ __ ] it's going I'm telling you every minute  by minute increment where it's gonna [ __ ] go  

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I'm [ __ ] making these [ __ ] markets [ __ ] I'm  telling you right now you need to wake the [ __ ]  

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up we're no longer in Kansas Alice Alice did I  say that right Dorothy [ __ ] get it right I'm  

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thinking Wizard of Oz and Allison you got people  just saying oh if ICT was so good at trading his  

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own kid doesn't even want to trade doesn't that  tell you something no it just tells you she's a  

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woman that's very stubborn okay that's all it is  she's stubborn she doesn't want to do it okay you  

play42:36

can't make her husbands you can't make them do  what you want them to [ __ ] do so stop trying  

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and for three [ __ ] decades I have watched this  stuff happen every single week that goes by it's  

play42:48

happening all the time and it's never going  to change it's never going to stop working  

play42:53

it's never going to be reprogrammed it's never  going to be changed it's never going to be made  

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obsolete so stop worrying about it use it if  it would have been tainted by me teaching it  

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My Flesh would have kept me from teaching  it I'm promising you that I'm promising  

play43:11

you that I would have never shared that if  I believe in my heart it would change greed  

play43:15

selfishness would have kept it can you just  respect the fact that I'm being that honest  

play43:20

with you you keep asking me these things stop  if I'm teaching it it's going to keep [ __ ]  

play43:25

working there you go the stuff that I won't  teach is not it's not for the public it's too  

play43:31

good and you probably look at this saying  what the hell yeah next level next level