ICT YT - 2025-01-03 - 2025 Lecture Series - Housekeeping

Last modified by Drunk Monkey on 2025-01-08 09:05

00:00:18 --> 00:00:25 ICT: I'm happy new year, folks, so I want to start this 2025, lecture series
00:00:25 --> 00:00:30 with a little bit of housekeeping. See these are the things that you are not
00:00:30 --> 00:00:38 entitled to see anyone that trades and shows their their skill online unless
00:00:38 --> 00:00:43 they're offering a signal service, which I don't do. You're not entitled to have
00:00:43 --> 00:00:47 this information, okay? And when people ask, show me this, show me that, show me
00:00:47 --> 00:00:55 this. You know that's something that you're not entitled to see. But just to
00:00:55 --> 00:01:01 be a good sport, we were supposed to see a lot of stuff happen in 2024 and it
00:01:02 --> 00:01:07 didn't happen, did it? So as a consolation prize, I'm going to show you
00:01:08 --> 00:01:15 in 2025 what you can do with what I taught in this YouTube channel, and I'm
10 00:01:15 --> 00:01:21 showing you actual broker statements. Market Replay never offers this and they
11 00:01:21 --> 00:01:26 don't send you broker statements for a demo account. Okay, so I want you to
12 00:01:26 --> 00:01:31 understand that this brokerage firm, I'm not repping them, I'm not suggesting
13 00:01:31 --> 00:01:35 that you open up an account with them, but I do enjoy the service they offer
14 00:01:35 --> 00:01:42 me. I haven't had any real major issues with them and their commission costs and
15 00:01:42 --> 00:01:49 fees are pretty reasonable. It costs $10 for one mini contract to be cleared with
16 00:01:49 --> 00:01:55 NFA fees and whatnot. So everything that you would expect to pay for a round turn
17 00:01:55 --> 00:02:00 commission whatnot is 10 bucks per contract. And you can see the running
18 00:02:00 --> 00:02:04 tally at the bottom. And I'm not going to go through every single one of these
19 00:02:04 --> 00:02:10 things, but I'm going to show you how I'm going to break down the content of
20 00:02:10 --> 00:02:16 what I taught in 2024 so if you have not watched the 2024 mentorship videos, this
21 00:02:16 --> 00:02:22 is an opportunity for you to go through that in the month of January. My actual
22 00:02:22 --> 00:02:28 trading doesn't really kick off until around the second week of February. And
23 00:02:28 --> 00:02:33 the the teachings really aren't going to be teachings in the sense that I'm
24 00:02:34 --> 00:02:39 redoing the 2024 mentorship. But what I am doing, as you can see, I'm not
25 00:02:39 --> 00:02:43 trading every single day. So take a look at those dates. I'm scrolling through
26 00:02:43 --> 00:02:47 this so you can see it. And unfortunately, because this broker has a
27 00:02:47 --> 00:02:54 huge issue with sharing broker statements online, which, you know, I
28 00:02:54 --> 00:02:58 can respect that I do have to block out a lot of things. But the things that are
29 00:02:58 --> 00:03:02 pertinent, like how many contracts I've traded. You can look at the commission
30 00:03:02 --> 00:03:06 costs and just divide it by $10 and you'll give you how many times I traded
31 00:03:06 --> 00:03:10 to get the numbers that I'm showing. But you can also see I'm not trading a lot.
32 00:03:10 --> 00:03:16 Okay, the dates are what they are here, and I want you to think about how in
33 00:03:16 --> 00:03:29 2025 all the content that I taught. How would ICT me, Michael, how would I use
34 00:03:29 --> 00:03:33 that information if I want to sit down and create a model just to start trading
35 00:03:34 --> 00:03:39 and work with income only, not trying to beat competitions, not trying to be, you
36 00:03:39 --> 00:03:46 know, the big head honcho on the block, but just to make money, and I want you
37 00:03:46 --> 00:03:56 to think about how you could change the way you've been doing things. Start
38 00:03:56 --> 00:04:00 focusing on just trying to be in your own little bubble. You're not trying to
39 00:04:00 --> 00:04:04 impress anybody else. You're not trying to show your broker statements online,
40 00:04:05 --> 00:04:08 because when you do that type of stuff, it creates a competitive mindset, and
41 00:04:08 --> 00:04:13 you're competing with yourself. And I'm I'm of the opinion that there's no other
42 00:04:13 --> 00:04:19 competition out there, so I'm completely content with a lot of you not liking the
43 00:04:19 --> 00:04:24 fact that I'm not willing to do what most of you want me to do, but I think
44 00:04:24 --> 00:04:27 if you watch the numbers here, and I think you'll be pleasantly surprised.
45 00:04:28 --> 00:04:32 But with that said, I want you to think about how this is not a promise that
46 00:04:32 --> 00:04:36 what I taught on my YouTube channel is going to make you money. It doesn't mean
47 00:04:36 --> 00:04:39 that you're going to be able to be flawless in your trading. It doesn't
48 00:04:39 --> 00:04:42 mean that you're not going to have losing trades. It doesn't mean that you
49 00:04:42 --> 00:04:48 won't blow your account. Just means that this is how I would use the information
50 00:04:48 --> 00:04:54 that I produced and shared for free on my YouTube channel in 2024 if I was a
51 00:04:54 --> 00:05:00 brand new student and I did due diligence of going through the 20. Four
52 00:05:00 --> 00:05:07 content. How would I sit down and flesh out a model using that information? And
53 00:05:07 --> 00:05:12 I'm going to share my own opinion on how I would use the resources that I made
54 00:05:12 --> 00:05:19 available to you in 2024 and I'm going to go through every single component
55 00:05:19 --> 00:05:23 during the month of January, and how I'm going to implement those individual
56 00:05:23 --> 00:05:29 components. So that way you'll see how this jigsaw puzzle fits together, which,
57 00:05:29 --> 00:05:34 in my opinion, is a better way of simply outlining my trading model. Now this is
58 00:05:34 --> 00:05:38 not my trading model that I've always been using, but what you're seeing here
59 00:05:38 --> 00:05:42 is the results of the very thing that I'm going to outline during this month,
60 00:05:43 --> 00:05:49 and I'll be implementing it again throughout the entirety of 2025 the
61 00:05:49 --> 00:05:53 focus is not to make millions and millions of dollars. It's to show you
62 00:05:53 --> 00:06:00 how you can start with a very gradual, low expectation in the beginning of the
63 00:06:00 --> 00:06:06 year and just start carving out a really nice return each month. Let it grow a
64 00:06:06 --> 00:06:11 little bit. You're not trying to go crazy with it, but you're trying to grow
65 00:06:12 --> 00:06:20 into a trader that can consistently take money out of the marketplace. That
66 00:06:20 --> 00:06:23 should be your goal. It should not be. You're trying to get the biggest wins.
67 00:06:24 --> 00:06:30 It should be. Am I able to make my ends meet? And I worked diligently this year
68 00:06:32 --> 00:06:38 trying to make sure that I was able to teach my kids how to focus on building
69 00:06:38 --> 00:06:45 income. Not get rich, but build income. And I think that around 50 to $60,000 a
70 00:06:45 --> 00:06:52 year is a pretty respectable amount of money for your first year. And if anyone
71 00:06:52 --> 00:06:57 wants to argue with that, you know, I'm not interested. So you probably noticed
72 00:06:57 --> 00:07:00 that the comment section is turned off because I don't want to hear your
73 00:07:00 --> 00:07:05 opinions, I'm not on X anymore. My Account sits there in IO but I'm not
74 00:07:05 --> 00:07:08 going to be looking at people's opinions, because these are people that
75 00:07:08 --> 00:07:11 don't know what I do. They don't know anything about me, and they only know
76 00:07:11 --> 00:07:16 what I show and the showmanship stuff ends on this video. ICT is done, and
77 00:07:16 --> 00:07:20 then now you're just going to have Michael, okay, so there's going to be a
78 00:07:20 --> 00:07:24 whole lot of grandstanding, and Tom fuller in 2025 it's just the nuts and
79 00:07:24 --> 00:07:29 bolts. And here it is, but I wanted to walk through and show you with a real,
80 00:07:29 --> 00:07:33 regulated broker. This is real money, okay? And commissions are being paid.
81 00:07:36 --> 00:07:42 How can this information be used in a setting that's not demo that's not paper
82 00:07:42 --> 00:07:49 trading, okay, and it's real money. And by running up an account with the
83 00:07:49 --> 00:07:53 mindset that you're not trying to get rich, but you are trying to carve out an
84 00:07:53 --> 00:07:58 income consistently. You're not trying to expand and pyramid and go crazy just
85 00:07:58 --> 00:08:03 going in there and taking out surgical strikes that make sense winning and
86 00:08:03 --> 00:08:08 moving to the sidelines and being content. You're not trying to be the
87 00:08:08 --> 00:08:15 best trader in the world, but so many of you want to do that because most of you
88 00:08:15 --> 00:08:21 are male. Okay? So instead of trying to be the apex trader, the top of the heap
89 00:08:21 --> 00:08:26 trader. Let's just focus on 2025 on being consistently profitable. And if
90 00:08:26 --> 00:08:30 that means you only make $5,000 at the end of the year, guess what? That's
91 00:08:30 --> 00:08:33 $5,000 that you didn't have at the beginning of the year. And that's what I
92 00:08:33 --> 00:08:39 want to foster in terms of a mindset. So I think if you pay attention to the
93 00:08:39 --> 00:08:42 numbers here, they'll add up very handsomely. You.