2022 ICT Mentorship [No Rant] - Expectations

all right so coming out of the gate I just want to let you know that this is predominantly going to be a Futures index trading mentorship okay the idea is going to be presented in the scope of paper trading on tradingview.com but what you're looking at here this is thinker swims live data these are actual executions I made today and I want you to compare and contrast with what you see on YouTube and other Educators where they'll tell that they can do this and they can do that but really I want you to compare and

contrast what you see here all right so we're looking at intraday price action for Nasdaq e mini Futures and this is actually uh the the main focus of this mentorship um I believe that this Market is worth studying I believe it is not just limited to NASDAQ but I believe it's useful to learn as a Trader that views obviously the e- mini S&P the e- mini Dow future and the e- mini NASDAQ now e- mini NASDAQ is a little bit faster a little bit more aggressive and even with that you can still trade it so

I want you to think about what it means to watch price action and understand what it's likely to do before it does it now I'm not promising you're going to be able to do that right out of the gate what I'm going to show you is the compare and contrast to how I can trade versus what I'm promising to teach you in this mentorship how to find specific setups in your demo account I'm not trying to entice you to trade with live funds the teachings will be predominantly through the scope of tradingview.com paper trading module

or just hindsight data what you're looking at here is actually live executions from today okay and I want you to think about if you were able to trade a micro account and you were trading the NASDAQ and you were able to capture just one of these moves which one would you like to learn how to find I want you to think about which one really stands out off the entire chart and this is a one minute chart which one really stands out I'll give you a moment you can pause the video and unpause it when

you're ready obviously we can see how the market moves from here okay two orders executed here whenever you see this this is actually a reversal so if there is a trade on going long it'll reverse and take you the other direction okay and then this one here this is a reversal as well then another close and then another long entry the exit a short entry and then the cover I'd like for you to consider what it would take for you to find consistency and how many handles how many full handle moves in an index Futures

Contract that would satisfy you when I say a handle that's essentially four ticks the minimum fluctuation in these markets an example would be if you were trading the em S&P and you were trading obviously the 4450 level and you went long if it went to 4451 that's a full handle okay or four ticks or 4 time $12.50 or $50 per handle the NASDAQ is $20 per handle so it's slightly different but it's faster it moves a lot more not more handles a lot more aggression now it doesn't always move faster sometimes we'll have a lethargic

price action in this indic or another out of the three that would be the S&P the NASDAQ and the Dow and these three markets have the luxury for you that may not have have the capability to put up to like $177,000 margin if you were going to trade one full contract of the NASDAQ futures most Brokers unless you're using a discount broker they're going to require you to have Deep Pockets and cents that you're going to have that about $17,000 and about 12,000 and a half for an e- mini S&P full Futures Contract you take

basically a fraction of that and you can trade a micro on each one of these markets but obviously it reduces the number of the tick multiplier because you're trading with a lot less technically leverage so I'm going to get into all that but I just kind of like want to begin the conversation informally but also just kind of like show you what it is that I do versus what other people do so if we look at the Ean flow of all this here where the Market's trading up and between here and here it's not a

small number of handles it's a pretty respectful amount of handles it's not a couple it's not a handful and then up here it's a reversal and then it comes back down and I buy it back here in Reverse so I'm selling short here and I'm buying long here 740 the 720 that's 20 handles going along here at 720 getting out at 732 12 handles then going long here 756 and then getting out at 7842 then going short at 798 and covering at 675 so I'll ask you which one of these trades do you think is

the one that you want to learn again putting all side the idea that you you probably want to do all of these but I'm not promising you that okay I'm going to take you into how to find this setup here notice the number of handles I'm not promising you going get this many handles but the setups and the logic behind it will help you find these types of Frameworks framework is the foundation to a trading model so you have to have an understanding what is you're looking for and that's really the only thing I'm introducing

tonight is the idea of what it is I'm promising to educate you with so that way you can go in and find these setups on your own once you understand the rules and you go through the processes and things I'm going to teach you how to practice with you will not need anything except for the chart itself so if you look at this this chart is clean except for these little bubbles actually show you the transactions you don't really get any kind of distortion from your reading of price action but the main takeaway here is

I want you to understand that I don't hunt for three or five handles and consider that legendary okay now can you be profitable if you take high frequency trades and you do those types of Trades absolutely that's what Algos do algorithms do that but I'm trying to show you by contrast that there is a way that you can find setups that are outside that parameter of very small little handles and doing lots of contracts I'm going to teach skill sets that Focus primarily on this okay you want to find a nice price leg intraday I'm

not promising you how to buy sell short Buy sell short Buy sell short that's that's mine okay I'm not teaching that that's why I set the stage in the first introduction video so that way we know what it is I'm teaching you if anyone of you here don't want to learn how to take this type of trade you're welcome to not continue and turn this video off and go watch [Music] whoever [Music]