ICT Forexmas 2014 / Market Maker Series

Golden Bull

We got cookies
rod178 said:
Your friend is best forgotten

"Holding anger is like grasping a hot coal with the intent of throwing it at someone else; you are the one who gets burned."
- Buddha
The quote is good. And i ain't like whiners either. But hes got a crapload of valid points in this case. And big parts of what hes stating are facts.

"Again why would you hide the complete account if you didn't have anything to hide. You can show you after results on myfxbook without having others copy you, not sure if you know this? If babypips was your starting ground and you had a lot of followers that supported you on this forum, why would you take them and drowned them for fun?"

I wanted to highlight this before but said fuck it. Now that its up, you guys are too blinded. This would be simply POS behavior. Specially when publicly starting to advertise it, then lets fuck em all. Mikey, i hope you happy for all the guys whom you lost money to, 'cause you woke up one day on the wrong side of the bed(At least you would give them a notification? No, lets fuck 'em all),and you sleeping well. Goes well with all the godly believing pose you are pushing. Well, i believe karma is a bitch and the world is round,what goes around comes around :p .
I just hope for your sakes guys, that you are not going to receive a vid in a few moths with haha, i screwed you all this whole time, again. >:D

Cheers,
-P
 

Chrisrocs

Well-Known Member
"Again why would you hide the complete account if you didn't have anything to hide. You can show you after results on myfxbook without having others copy you, not sure if you know this? If babypips was your starting ground and you had a lot of followers that supported you on this forum, why would you take them and drowned them for fun?"
I assume he's talking about the whole myfxbook thing that happened where ICT supposedly intentionally bombed an account, and people freaked out about it? I don't know the specifics to that whole thing to be honest. What I will say though is - I find it kind of funny, and especially sad, that people would just blindly copy someone else's trades. Why in the world would you do it? Furthermore, why in the world would you beef up the leverage on those trades?

I wanted to highlight this before but said fuck it. Now that its up, you guys are too blinded. This would be simply POS behavior. Specially when publicly starting to advertise it, then lets fuck em all. Mikey, i hope you happy for all the guys whom you lost money to cause you woke up one day on the wrong side of the bed(At least you would give them a notification? No, lets fuck 'em all),and you sleeping well. Goes well with all the godly believing pose you are upping.Well i believe karma is a bitch and the world is round,what goes around comes around
Again whose fault is it? ICT literally teaches in the first videos (and CONTINUOUSLY EMPHASIZES IN LITERALLY EVERY VIDEO) the importance of risk management. :))

I'm not saying I necessarily agree with what ICT supposedly did. Nonetheless, I just can't wrap my head around why in the world people would want to just straight up copy every trade he's making? I guess laziness is one answer. Maybe they wanted something for nothing. Desperation. Maybe they fooled themselves into thinking they were actually becoming better traders because of it.

I really don't think you're learning much of anything by just copying a trade. What's more valuable, in my opinion, is the thought process behind the trade. I want to know HOW you came up with the trade. WHY? What is your reasoning? Then I can take that thought process, internalize it, and apply it down the road to my own trades. Instead of just copying and learning nothing. Yeah you might make some easy pips, whoop dee doo, you haven't actually taken any real step towards becoming a better, independent and successful trader.

Anywho - I feel odd even posting here with stuff like this, because it's not like I yet know much of anything about trading myself. So, "I shouldn't be talking" I guess is what someone might say. I think this applies to a lot of things in life though. It's something that I've personally been striving for in my life for the last few years. Learning to really think for yourself.

:nickleflip: <-- I like this one.
 

Golden Bull

We got cookies
Chrisrocs said:
I assume he's talking about the whole myfxbook thing that happened where ICT supposedly intentionally bombed an account, and people freaked out about it? I don't know the specifics to that whole thing to be honest. What I will say though is - I find it kind of funny, and especially sad, that people would just blindly copy someone else's trades. Why in the world would you do it? Furthermore, why in the world would you beef up the leverage on those trades?

Again who's fault is it?
When he promises to let a bunch of guys to follow him while hes trading up an account, then stating openly that he blew it up on purpose? Well, whos fault is that?!?!?!

Chrisrocs said:
I'm not saying I necessarily agree with what ICT supposedly did. Nonetheless, I just can't wrap my head around why in the world people would want to just straight up copy every trade he's making? I guess laziness is one answer. Maybe they wanted something for nothing. Desperation. Maybe they fooled themselves into thinking they were actually becoming better traders because of it.

I really don't think you're learning much of anything by just copying a trade. What's more valuable, in my opinion, is the thought process behind the trade. I want to know HOW you came up with the trade. WHY? What is your reasoning? Then I can take that thought process, internalize it, and apply it down the road to my own trades. Instead of just copying and learning nothing. Yeah you might make some easy pips, whoop dee doo, you haven't actually taken any real step towards becoming a better, independent and successful trader.
I would totally agree with all that, good stuff. The only way in my opinion if you really don't give a shit about what the rest of the clown show does.
BUT its got nothing to do with the aforementioned things in my post before.

Chrisrocs said:
Learning to really think for yourself.

:nickleflip: <-- I like this one.
Way to go. Then you might just make it. ;)

-P
 

Peterma

Well-Known Member
outthislife said:
For those who have been following ICT for years, why? What immediately-useful concepts did you learn over those years that you didn't learn at the beginning?

Just curious.
Great question. I remember seeing ICT way before BP, on a forum, some argument with Lori - whatever.

Anyways, fundamentals are my thing, I had an understanding of TA but I needed to see inside the head of someone who followed TA only, no mention of fundamentals.

I'd say that ICT was the only guy who actually spoke out loud what was going on inside his head, from a TA perspective. I'd long understood all the other guys, but most of them had a sales angle, so it was refreshing to see inside a person who wasn't selling. the only other person who came a close second was Sam Seiden who admitted in an early video that he had to hold back so as not to upset paid subscribers.


When ICT started the myfx show I lost all interest, I'd seen inside, mission over, time to move on and continue with the learning.

I catalogued all the old videos in the second batch, that's the way I learn things, method based, ICT scrubbed the videos, I scrubbed my catalogue - I felt kinda sad for all the guys/gals messaging me for the videos, I sent some of them hard copies, but that's not the way to go.

I suppose pulling the videos applies a certain mystique, a value that learner traders then seek to have, but the truth is that if you are a serious learner it is not recommended to hang your coat on one other person, instead hang your coat on yourself.

Btw Piper, took a little piece of one of your systems, the dbl screen one, putting a twist on it (yeah getting those fund stuff in), will report back on that thread - many thnks.
 

outthislife

Well-Known Member
Peterma said:
Great question. I remember seeing ICT way before BP, on a forum, some argument with Lori - whatever.

Anyways, fundamentals are my thing, I had an understanding of TA but I needed to see inside the head of someone who followed TA only, no mention of fundamentals.

I'd say that ICT was the only guy who actually spoke out loud what was going on inside his head, from a TA perspective. I'd long understood all the other guys, but most of them had a sales angle, so it was refreshing to see inside a person who wasn't selling. the only other person who came a close second was Sam Seiden who admitted in an early video that he had to hold back so as not to upset paid subscribers.


When ICT started the myfx show I lost all interest, I'd seen inside, mission over, time to move on and continue with the learning.

I catalogued all the old videos in the second batch, that's the way I learn things, method based, ICT scrubbed the videos, I scrubbed my catalogue - I felt kinda sad for all the guys/gals messaging me for the videos, I sent some of them hard copies, but that's not the way to go.

I suppose pulling the videos applies a certain mystique, a value that learner traders then seek to have, but the truth is that if you are a serious learner it is not recommended to hang your coat on one other person, instead hang your coat on yourself.

Btw Piper, took a little piece of one of your systems, the dbl screen one, putting a twist on it (yeah getting those fund stuff in), will report back on that thread - many thnks.
100% agree w/ this. There should be a comparison of performance between pure ICT traders, mixed ICT traders, and non-ICT traders.

But that won't happen. :(
 

garry

the art of war
Chrisrocs said:
Yeah, I guess it's harder for me to understand people's frustrations with the delayed release dates, since I'm new and have quite a bit of content to work through to get caught up with everyone else.

As far as wanting to be given rather than learn, it's certainly something I have to constantly fight in myself to some degree. It's tempting to want to open threads and start asking all sorts of questions in the learning phase, but I recognize that most of those questions would probably be answered on their own just by continuing to study ICT's stuff and applying it to the charts.

It reminds me of ICT's tweeted photos of his inboxes. I have to wonder how many of those emails are questions like, "Wat do?" "You teach me how trade?" "Gimme money?" "Wat order block?" "Me go through all your videos, me still not understand, you InnerCircleTraitor"

Maybe not though - maybe they're genuine questions that people are stuck on. :ponder:

One can only wonder.
yes one can only wonder alot of strange shit comes with ict but he does present his stuff very well like you i was new to ict work last year and i had a dig about a few things ,i use everything so far ive seen except the fib tool .
i dont think you will find a better grounding for free ,i would if i was starting again would be on a fulltime course with a mentor who gives a fuck about his students and is accountable and keeps his word .
you will find 98% of those who do try wont be in the game or just playing wont make it .
as you can see on twitter most of them are just clueless and the poor souls who have been on this ict for years will never get it .
if you liked piper,s supply and demand its a great place also keep it simple .
 

garry

the art of war
Piper 2.0 said:
The quote is good. And i ain't like whiners either. But hes got a crapload of valid points in this case. And big parts of what hes stating are facts.

"Again why would you hide the complete account if you didn't have anything to hide. You can show you after results on myfxbook without having others copy you, not sure if you know this? If babypips was your starting ground and you had a lot of followers that supported you on this forum, why would you take them and drowned them for fun?"

I wanted to highlight this before but said fuck it. Now that its up, you guys are too blinded. This would be simply POS behavior. Specially when publicly starting to advertise it, then lets fuck em all. Mikey, i hope you happy for all the guys whom you lost money to, 'cause you woke up one day on the wrong side of the bed(At least you would give them a notification? No, lets fuck 'em all),and you sleeping well. Goes well with all the godly believing pose you are pushing. Well, i believe karma is a bitch and the world is round,what goes around comes around :p .
I just hope for your sakes guys, that you are not going to receive a vid in a few moths with haha, i screwed you all this whole time, again. >:D

Cheers,
-P
like you piper there are no grey areas ,we have both seen some strange things here .
he blew that account simple as ,i just see thru the fluff
 

garry

the art of war
outthislife said:
100% agree w/ this. There should be a comparison of performance between pure ICT traders, mixed ICT traders, and non-ICT traders.

But that won't happen. :(
now that would be good and i would be up for that
 

marzullo63

[by user request]
The people asking for a real-time ICT mxbook are just asking to see the losing trades. Think about, anyone can post only profitable trades, to me if you start a thread posting your views and result, you post ALL your trades and I mean ALL, even the B/E ones otherwise your credibility starts to falter. Plus what is that you learn from a good trade? What is that you learn from a losing one? much more.
 

sqa

Village Scribe
outthislife said:
100% agree w/ this. There should be a comparison of performance between pure ICT traders, mixed ICT traders, and non-ICT traders.

But that won't happen. :(
Should I point out that it's functionally impossible? Considering ICT Style is about *reading* the markets, there's very little overlap even between ICT and his students. Unless everyone traded the same pairs at the same time of the day.
 

outthislife

Well-Known Member
sqa said:
Should I point out that it's functionally impossible? Considering ICT Style is about *reading* the markets, there's very little overlap even between ICT and his students. Unless everyone traded the same pairs at the same time of the day.
I agree that ICT material should be about how to read the markets, but there is definitely room to be an ICT "purist".

Hit an OB at LO and close 3-4PM EST (or whatever it was). If it doesn't materialize, don't trade.
 

Golden Bull

We got cookies
Peterma said:
Btw Piper, took a little piece of one of your systems, the dbl screen one, putting a twist on it (yeah getting those fund stuff in), will report back on that thread - many thnks.
I hope you'll find it useful. :)

-P
 

TheInnerCircleTrader

Well-Known Member
Piper 2.0 said:
The quote is good. And i ain't like whiners either. But hes got a crapload of valid points in this case. And big parts of what hes stating are facts.

"Again why would you hide the complete account if you didn't have anything to hide. You can show you after results on myfxbook without having others copy you, not sure if you know this? If babypips was your starting ground and you had a lot of followers that supported you on this forum, why would you take them and drowned them for fun?"

I wanted to highlight this before but said fuck it. Now that its up, you guys are too blinded. This would be simply POS behavior. Specially when publicly starting to advertise it, then lets fuck em all. Mikey, i hope you happy for all the guys whom you lost money to, 'cause you woke up one day on the wrong side of the bed(At least you would give them a notification? No, lets fuck 'em all),and you sleeping well. Goes well with all the godly believing pose you are pushing. Well, i believe karma is a bitch and the world is round,what goes around comes around :p .
I just hope for your sakes guys, that you are not going to receive a vid in a few moths with haha, i screwed you all this whole time, again. >:D

Cheers,
-P

Piper instead of waving a red herring and avoiding the original inquiry... put your money in an account and link it to MyFxBook. I am waiting on you.

Secondly, I warned and insisted that everyone not follow the trades I made on the account on Babypips. So your comment "the guys I lost money to" is a farce. I can't take credit for anyone's action directly nor indirectly. Fan a fire on something smoking still... get your hinder parts in an account so I can smoke you once and for all. I won't be here much longer cupcake. 8)
 

the golden gun

RINSE & REPEAT
InnerCircleTrader said:
Piper instead of waving a red herring and avoiding the original inquiry... put your money in an account and link it to MyFxBook. I am waiting on you.

Secondly, I warned and insisted that everyone not follow the trades I made on the account on Babypips. So your comment "the guys I lost money to" is a farce. I can't take credit for anyone's action directly nor indirectly. Fan a fire on something smoking still... get your hinder parts in an account so I can smoke you once and for all. I won't be here much longer cupcake. 8)
it's true. I remember when you had that thing running, I took a trade opposite you and made money. trusted the concepts more than the man, simple as that.
 

sqa

Village Scribe
As much as I'd really love to see both ICT & Piper's MyFXBooks, I'd really prefer not to see a big fracas erupt. And since I know appealing to people's better nature rarely works in trading, I'll appeal to a problem:

How are we supposed to judge this? Piper has access to 8x the Leverage ICT can use, so he can Average Up any trade that's working for him. Net pips? Net pips per Pair? What precisely are we comparing?

And, the most important problem I have with this: Why will everyone assume I know a lot more than I do about it? :(
 

garry

the art of war
the golden gun said:
it's true. I remember when you had that thing running, I took a trade opposite you and made money. trusted the concepts more than the man, simple as that.
yap yap yap thats why ur trading pennies after all this time ,you need to start thinking for yourself ict will tell you himself .
spend more time off the forums and more time pressing buy and sell
 

garry

the art of war
sqa said:
As much as I'd really love to see both ICT & Piper's MyFXBooks, I'd really prefer not to see a big fracas erupt. And since I know appealing to people's better nature rarely works in trading, I'll appeal to a problem:

How are we supposed to judge this? Piper has access to 8x the Leverage ICT can use, so he can Average Up any trade that's working for him. Net pips? Net pips per Pair? What precisely are we comparing?

And, the most important problem I have with this: Why will everyone assume I know a lot more than I do about it? :(
i would like to understand why ict takes such little risk with a 90% win rate ,why he never adds to trades or maximise the trades .
 

sqa

Village Scribe
For a Fiber trade, 4% on 10 pip SL is about the most you can fit within the margin. 400:1 Leverage should allow around 30% on the same trade.

As for why ICT doesn't? See Handling Losses and Inevitable Drawdowns here: http://theinnercircletrader.com/videos-HTML5/video-5/video-5.mp4
 

garry

the art of war
sqa said:
For a Fiber trade, 4% on 10 pip SL is about the most you can fit within the margin. 400:1 Leverage should allow around 30% on the same trade.

As for why ICT doesn't? See Handling Losses and Inevitable Drawdowns here: http://theinnercircletrader.com/videos-HTML5/video-5/video-5.mp4
thanks sqa that makes alot of sense :thumbsup:
 

d16y

Well-Known Member
launch52 said:
"I will be closing shop in March and this is my final lesson to you all."
I think/hope this will delayed as it is unusual for ICT to dump a lot of videos in a short period, seems unlikely we will get 7 volumes of MM & maybe the stocks/futures/options stuff in the next 40 days.

Hopefully we get a few more months of his insights.
 

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