Will ICT Help Me Be A Better Trader?

แชร์
ฝัง
  • เผยแพร่เมื่อ 12 พ.ย. 2024

ความคิดเห็น • 111

  • @MarkHutchinson22
    @MarkHutchinson22 ปีที่แล้ว +18

    John from HSBC was stopping me from being successful years,🤣 great video Albie, people make money with the most simple strategies only if their mindset is on point with really healthy habits from routine, ASR etc. I do think the comparison game in this industry is what really hurts people, the guy getting 20k payout could also be 30k in debt from challenges due to being emotionally all over the shop. No shortcuts in this game, no matter how you look at price action 💎

    • @AlbertBurgess
      @AlbertBurgess  ปีที่แล้ว

      John seems to have been getting everyone at some point mate don’t worry 😂 that’s it man absolute facts dude everything can seem great when looked through a one dimensional lens especially from those who only show highlight reels anyway. Abundance of opportunity if you yourself are in the right state of mind to take the opportunity and utilise it correctly. 💚

  • @FirstIdrinkCoffee
    @FirstIdrinkCoffee ปีที่แล้ว +40

    Hey Albie! Yet again another banger video … I hit it off a long time ago (2020), couple of ups and downs but I’m consistently profitable for two years now following plays from an industry expert NOT ICT concepts tho!

    • @eddieparker4529
      @eddieparker4529 ปีที่แล้ว +1

      What’s your strategy?
      Lol! This is probably the most difficult thing I’ve ever done. I’ve been at it for a while now but my portfolio is a total disaster!

    • @ChelseaMacc23
      @ChelseaMacc23 ปีที่แล้ว +2

      It’s the same as me! I’m in my 2nd year but still, I’ve not been able to make any withdrawals. The reality of trading is much complex!

    • @FirstIdrinkCoffee
      @FirstIdrinkCoffee ปีที่แล้ว +7

      Trust me trading is not rocket science doing it with someone that’s well seasoned! With good analysis and a little forethought, you can save yourself the troubles of the market and still make good money I know for a fact.

    • @FirstIdrinkCoffee
      @FirstIdrinkCoffee ปีที่แล้ว +4

      I’d say I’m lucky enough to have help from a certified trading expert Christine Mila. She guides me in the fx and stock exchange market and her system’s been invaluable in my trading journey both mentally and financially. On the plus side, it affords me the luxury of quality time with my family. Real top notch I’ll say! 👍🏻

    • @eddieparker4529
      @eddieparker4529 ปีที่แล้ว +1

      @@FirstIdrinkCoffee
      Woah! I’m astounded!
      Do you know if she offers 1-1 teaching?
      How does she operate?

  • @markmithi2628
    @markmithi2628 ปีที่แล้ว +30

    On May i took a prop challenge and passed it with one strategy i had tested for long. 1st week of June i went on a losing streak of -4% on the account. I panicked and changed my strategy. I lost the account by the end of the month. I backtested my original strategy and ralized i would've finished the month positive if i'd stuck with it. Last week i bought another challenge and promised myself to stick to my original strategy no matter what. I'm already up 7% in phase 1 in one week. I realized strategy hopping is one of the main reasons traders never find profitability.

    • @AlbertBurgess
      @AlbertBurgess  ปีที่แล้ว +5

      See what you did here mate you took responsibility dropped your ego and took action watch how much you now grow because of this you got this dude keep on that one system and back yourself 🙏🏻

    • @banginzaza
      @banginzaza ปีที่แล้ว

      Yeah that's why I stick with the old fashion way of trading 😂

  • @dennisjulius_021
    @dennisjulius_021 ปีที่แล้ว +7

    This is one of the best trading videos I've seen on TH-cam, I thought it was going to be another ICT bashing video or something but this is pure gold and I can relate to it very well. I recently backtested the trading strategy I used to get funded, because July was a bad month for me as well, and I found out that the strategy still works, during July I could've closed with 9+ RR if I prioritized daily bias over setup. So, it not the setup that is wrong most of the time, it's just you.

    • @AlbertBurgess
      @AlbertBurgess  ปีที่แล้ว +1

      Appreciate you still watching it when you thought it could have been the standard bashing video never my intention to hate on anyone or anything simply just share some truths people need however getting there attention to listen is the hardest part haha. Love that man it’s us vs us 1% better provided we learn from the lessons given to us

    • @ShadowInfest
      @ShadowInfest ปีที่แล้ว +1

      100%, July has been horrible. Phase 1 passed in June in 3 days and the whole July is gone and I'm still stuck at -2% in phase 2 lol... But yea I played around with different things on the challenge account so probably it is also just me :D

    • @dennisjulius_021
      @dennisjulius_021 ปีที่แล้ว +1

      @@ShadowInfest We all need to come together and figure out why July was bad because a lot of traders had bad month in July. Maybe there was something in the air that we caught 😂

  • @Mark47891
    @Mark47891 ปีที่แล้ว +6

    Hey Albert! Yet again another absolutely fantastic video! I traded TPOT and gathered data for 2022 and 2023 accross EU and GU. The data was promising doing a consistent 2-5% a month. Then when i went to do 2021 the first 6 months was -10%. I guess these are the cons of trading such a mechanical system. It doesnt work in all market conditions. I took it on the chin and i'm now looking for a more consistent system which actually has longevity as opposed to just good performence for 2 years.

    • @AlbertBurgess
      @AlbertBurgess  ปีที่แล้ว +2

      Hey mate that’s going to happen this is the thing intuition and discretion is always going to play a roll someway or another multiple pairs aren’t always a good idea when you have cross correlation like gu and eu make it work for you dude if it was as easy as follow this and you’ll make money everyone would be a billionaire

  • @joejenkins5618
    @joejenkins5618 ปีที่แล้ว +1

    Man like John at HSBC ....i have to keep zooming out and reminding myself "if I was on a 400k or 500k or 1mill account, just a 3% a month...is mental" then remind myself to remove if and use 'When' a lot will backtest like a mother which is great, i found for me Forward testing first was the one that really helped as its realtime and you have to wait. do 3 months of forward testing, in and around your normal day and you soon find ways to improve, remove, refine or leave things alone and can see an accurate picture of what is possible

    • @AlbertBurgess
      @AlbertBurgess  ปีที่แล้ว +1

      Exactly this sometimes looking through things with a blurry lens wipe the dirt off blinding you from the opportunity and think big and long term dude it’s just perspective always. Forward testing is very good takes longer but gives you real insights for sure

  • @banginzaza
    @banginzaza ปีที่แล้ว +3

    Support and resistance. Supply and demand still work well for me. I do like learning new things. I looked at several of hours of ICT. The way he looks at markets I found out I see some of the things the same way. It's all about knowing the strengths of the strategy and playing those.

  • @spiritualwoods4677
    @spiritualwoods4677 ปีที่แล้ว +10

    You killed it with this one man! I have also found myself in 7-8% drawdowns and thought about giving up trading overall and my jumped from one thing to another. But now I have realized that the best approach is to go into monk mode and develop a personal strategy and never compare results with someone else

    • @AlbertBurgess
      @AlbertBurgess  ปีที่แล้ว +1

      This is facts brother hope you’re good man take your time and you’ll nail it dude you know exactly what you have to do mate.

  • @mariojahn8219
    @mariojahn8219 ปีที่แล้ว +3

    Never met an ICT trader, who could proof this concept is actually profitable in the long run.

  • @tharindutharukadissanayake4802
    @tharindutharukadissanayake4802 ปีที่แล้ว +2

    your mindset is everything, not specific strategy

  • @TheMrFive
    @TheMrFive ปีที่แล้ว +2

    Just a bit.
    Some of his things aren't too shabby.
    One of them is kinda useful.
    More seriously, ICT's concepts are not a trading strategy, they are a collection of techniques and the theory of why Price is doing what it does. There are like 50 ways of confirming an entry. You certainly do not need to get good at more than one model to be able to trade.

  • @r8rex
    @r8rex ปีที่แล้ว +2

    bro seriously i was into same thing from last 2 month i didn't get any entry i was missing entries alot and my entry was not triggered so then i was annoyed so i started scrolling
    socials media and youtube i found people trading ict and making money passing prob fund challenge i was like should i change like i am trading mechanical strategy from photon so these things come to my mind i was wondering if someone can show me the right way and then your video came i really appreciated bro most important is just stick to your plan everything works 💪💞

    • @AlbertBurgess
      @AlbertBurgess  ปีที่แล้ว +1

      Ayyy I’m glad it had the impact for you at the right time dude keep going you got this focus on improving the mindset and better understanding yourself

  • @markwathes
    @markwathes ปีที่แล้ว +2

    Really hit home when you said it’s you vs you”
    Great vid man and looking forward to the next one ❤

    • @AlbertBurgess
      @AlbertBurgess  ปีที่แล้ว +1

      Ayy this is why I started this channel
      was to help and have some impact no matter how big or small as long as someone takes something away that’s what matters

  • @Cleerboy
    @Cleerboy ปีที่แล้ว +6

    man i needed to hear this! i am 2% down on July and it hurts to be on a losing streak...
    but u just reminded me that I have a great risk management and mindset skills, and ill get through it on August
    much love albie

    • @AlbertBurgess
      @AlbertBurgess  ปีที่แล้ว

      You got this brother let’s goo! 🙏🏻

    • @ExpatTraderFX
      @ExpatTraderFX ปีที่แล้ว

      Loosing streak of 2% is not a loosing streak lmaooo these people

    • @Peakprospr420
      @Peakprospr420 ปีที่แล้ว

      ​@@ExpatTraderFX😂

  • @kecradan
    @kecradan ปีที่แล้ว +1

    Great video Albert. Came across you from your interview of David Belle. 👍

  • @paulwilliamson9457
    @paulwilliamson9457 ปีที่แล้ว +3

    Great way of looking at it something i've been doing myself lately" would i put a million pound on that stop loss"

  • @Kanaarima777
    @Kanaarima777 ปีที่แล้ว +1

    Albie i love you and your transparency

  • @BlindFoxXx515
    @BlindFoxXx515 ปีที่แล้ว +1

    Been waiting for you to discuss ICT!

  • @BlindFoxXx515
    @BlindFoxXx515 ปีที่แล้ว +2

    Also, that dashboard looks WAY better

    • @AlbertBurgess
      @AlbertBurgess  ปีที่แล้ว +2

      Trust meeeee glad I was able to work on it with them

  • @banginzaza
    @banginzaza ปีที่แล้ว +1

    Yep! People still with mess up the time limit

  • @Kvngnathanvii
    @Kvngnathanvii ปีที่แล้ว +2

    The best video on TH-cam right now!! 💎 Bruv never disappoint 🙏🏿

  • @sirekay4292
    @sirekay4292 ปีที่แล้ว +1

    Your videos and general messages are very realistic and relatable. It just makes a lot of sense. Since I changed my trading mentality and views, (thanks to reading books) I genuinely feel and act better and it reflects on my trading. I'm just so glad there's someone like you who I can resonate to.
    Most times listening to you talk is like reading my notes on trading and highlights from trading books. Keep doing what you're doing. You're making serious impacts.
    Hopefully one day we'll get to share thoughts and experiences in trading.

  • @stevesanders4071
    @stevesanders4071 ปีที่แล้ว +1

    Great vid again Albs, love your honestly. “Default to be a flid was the highlight” tho 😂

    • @AlbertBurgess
      @AlbertBurgess  ปีที่แล้ว +1

      Hahahahah gotta throw in some fun 😂

  • @wernerherrmann
    @wernerherrmann ปีที่แล้ว +2

    Great video thank you. Been in a funded challenge for nearly a year. (No time limit) It is frustrating, but i have to keep going. My problem is 99% mental/psychological.

  • @RobSummers-wh3lu
    @RobSummers-wh3lu ปีที่แล้ว +2

    Jim trading S&R from HSBC had me laughing lmao. You're right mate

    • @AlbertBurgess
      @AlbertBurgess  ปีที่แล้ว +1

      Haha gotta throw my humour in glad people get it 🙏🏻😂

    • @RobSummers-wh3lu
      @RobSummers-wh3lu ปีที่แล้ว

      @@AlbertBurgess I love it 😂😂

  • @smartconsciencefx5597
    @smartconsciencefx5597 ปีที่แล้ว +1

    Hi Albie, I appreciate your outspokenness, damn if the people who trade could have your honesty the world would be a very different place.

  • @stevezm100
    @stevezm100 ปีที่แล้ว +1

    whats the basis of your strat alby?

    • @AlbertBurgess
      @AlbertBurgess  ปีที่แล้ว +1

      Erm daily direction
      Liquidity taken
      M15 entry really
      Few other bits an bobs

  • @stoko29
    @stoko29 ปีที่แล้ว +1

    Every true word spoken right there, pateince was the hardest thing for me but after 3 years have managed to achieve the discipline to control it. As you say albie it takes time. Great video full of facts, short, sharp and concise

    • @AlbertBurgess
      @AlbertBurgess  ปีที่แล้ว

      Massive love mate appreciate you always watching and supporting from day one means a lot 🙏🏻💚

  • @aneekbawla
    @aneekbawla ปีที่แล้ว +2

    Love this video. So relatable.

    • @AlbertBurgess
      @AlbertBurgess  ปีที่แล้ว

      Thanks for tuning in 🙏🏻

    • @aneekbawla
      @aneekbawla ปีที่แล้ว

      @@AlbertBurgess i have hardly missed any of your gems. Been listening to you since your phantom days. Keep it up bro.

  • @matt_cruz
    @matt_cruz ปีที่แล้ว +2

    Said it like it is, there's always going to be a degree of intuition in choosing which trade to take or not, a purely mechanical system sounds great, easily packaged and sold, but the edge is mostly your mindset. You will get out of drawdown Alb! most won't cos of the ego, including myself because of damn John at HSBC again lol 🤯

    • @AlbertBurgess
      @AlbertBurgess  ปีที่แล้ว +1

      That’s it brother trading is a sole sport overall, everyone wants simple and easy however that dream can be miss sold, so much more to dig into with trading! No doubts dude appreciate you haha you got this tell John to piss off 😂😂

  • @ouchitsme
    @ouchitsme ปีที่แล้ว +1

    Spot on!!!!!

  • @hamzalyoubiidrissi486
    @hamzalyoubiidrissi486 ปีที่แล้ว +2

    You need a featuring with Central Cee, Bro chill, i can't undrestand what u're saying !

  • @oliviar7737
    @oliviar7737 ปีที่แล้ว +2

    Alb everyone should listen to this honestly so impactful got me thinking 🤔

    • @AlbertBurgess
      @AlbertBurgess  ปีที่แล้ว

      Appreciate you always glad it triggered something for you to hopefully dive into 🙏🏻

  • @olivermudge3369
    @olivermudge3369 ปีที่แล้ว +1

    Rings true. My strategy doesn’t often show itself and while I’m not in the best financial position as a young person trying to escape this puts subconscious pressure on me wanting to achieve my goals now which leads to taking poor trades… An area highlighted in the video the point about large capital and taking the trade will use this moving forward 🙏

    • @AlbertBurgess
      @AlbertBurgess  ปีที่แล้ว +1

      Glad you took some value away man thanks for watching 🙏🏻

  • @DC-ku8vw
    @DC-ku8vw ปีที่แล้ว +1

    Quality 👌 Best video to date!

  • @elhermoso420
    @elhermoso420 ปีที่แล้ว +1

    Great video as always! 😎

  • @davidconnelly9999
    @davidconnelly9999 ปีที่แล้ว +1

    Another great video man, been following on Twitter for a while now too👍🏻👍🏻

    • @AlbertBurgess
      @AlbertBurgess  ปีที่แล้ว

      Appreciate that man 🙏🏻

    • @davidconnelly9999
      @davidconnelly9999 ปีที่แล้ว

      @@AlbertBurgess I started a no time limit challenge with trailing drawdown on March 1st, and I’m on +5% only risking 0.25-0.5%, but everyone passing challenges within days and getting pay outs makes you feel like a crap trader, so videos like this really do help 👍🏻👍🏻

  • @spiritualwoods4677
    @spiritualwoods4677 ปีที่แล้ว +1

    I may also add that as another person here commented, I have also been backtesting TPOT following strict rules and I can tell you some months had a 8-9 losing streak trades 2020 february - march and also first quarter of 2021 - but at the end of the year it was profitable. It is hard to have that losing streak and being in 8-9% drawdown and not losing hope

  • @nairobi_hunter
    @nairobi_hunter ปีที่แล้ว +1

    - keep your losses small and wins big.... Ego is the enemy.
    Loved the video, majority of people trying to hop from strategy to strategy
    keep the uploads coming
    🔥🔥

    • @AlbertBurgess
      @AlbertBurgess  ปีที่แล้ว +1

      That’s it brother you know the vibes appreciate you! Have a great week ahead

  • @banginzaza
    @banginzaza ปีที่แล้ว +1

    8:17 Absolutely correct. What you'll do on a $100 account you'll do with any size 😂

  • @sandeeppanesar3873
    @sandeeppanesar3873 ปีที่แล้ว +1

    Excellent values dropped here bro

    • @AlbertBurgess
      @AlbertBurgess  ปีที่แล้ว

      Thankyou bro hope you’re well

  • @ShadowInfest
    @ShadowInfest ปีที่แล้ว +1

    Bro I have a very bad message to you... Maybe this might be the last video I see from you, at least for the next 6 months or... So sad :(
    Just joking ;) Really great video!
    Don't compare yourself, don't rush anything, don't focus on money just on the process and progress you make.
    Learn from your mistakes and stick to one thing (slight adjustments are allowed) and as long as you have a good mindset you will be for sure at least BE always after you put in the work!!!

    • @AlbertBurgess
      @AlbertBurgess  ปีที่แล้ว +1

      Hahaha man tryna break up with me rahhh 🤭😂

  • @godliketrader
    @godliketrader ปีที่แล้ว +1

    100% Accurate 😃💯

  • @C_Xplorer
    @C_Xplorer ปีที่แล้ว +1

    Seeing alot of people complain about draw down in July... same month i lost my funded account i was on a loosing streak till it got to my emotions so bad.. what flu did we catch in July?

  • @deanrowe8045
    @deanrowe8045 ปีที่แล้ว +1

    Alb since your a bit of a character I was thinking you should do a skit and a piss take as “ a day in the life of an unprofitable trader”

    • @AlbertBurgess
      @AlbertBurgess  ปีที่แล้ว +1

      Oh I’d be down any day this is right up my street just don’t know if people will understand the humour 😂😂😂

  • @markostanic9054
    @markostanic9054 ปีที่แล้ว +1

    Can you talk about taxes for trading nobody is doing that

    • @AlbertBurgess
      @AlbertBurgess  ปีที่แล้ว

      Did it ages ago mate have a library of videos man

  • @labkidjay
    @labkidjay ปีที่แล้ว +1

    great video

  • @thabit21s58
    @thabit21s58 ปีที่แล้ว +1

    thanks a lot, alb

    • @AlbertBurgess
      @AlbertBurgess  ปีที่แล้ว +1

      Thanks for watching 🙏🏻

  • @nairobi_hunter
    @nairobi_hunter ปีที่แล้ว +1

    Best Advice is take yourself offline. - Mate this has worked on my end like magic.
    Crazy how much you can grow in a small period of time when you only focus on you and you alone...
    You vs You at the end...

    • @AlbertBurgess
      @AlbertBurgess  ปีที่แล้ว +1

      That’s it brother exactly how it should be!

  • @nicolasaraman4018
    @nicolasaraman4018 ปีที่แล้ว +1

    Yo

  • @moamin.aljaro
    @moamin.aljaro ปีที่แล้ว +1

    I don't trade ICT or SMC but your talks put me on the right approach.

    • @AlbertBurgess
      @AlbertBurgess  ปีที่แล้ว

      That’s the beauty it relates to trading in general not a specific style

  • @waterridsoffstress5243
    @waterridsoffstress5243 ปีที่แล้ว +1

    Your mindset is another level man

    • @AlbertBurgess
      @AlbertBurgess  ปีที่แล้ว

      Rewired helped me to develop it and grow it further so I owe a lot to that! 🙏🏻

  • @habil__mxhd3399
    @habil__mxhd3399 ปีที่แล้ว +1

    ❤️🔥

  • @cactu
    @cactu ปีที่แล้ว +1

    Nice video... I started trading ICT in 2023, and making consistently 5 figures a month already through leveraging prop firm capital

  • @Razikhalifa
    @Razikhalifa ปีที่แล้ว +1

    100❤❤❤❤❤❤

  • @iancarroll216
    @iancarroll216 ปีที่แล้ว +1

    Truth...if you are struggling look to yourself for the answers. Great advice that I personally need to take onboard.

    • @AlbertBurgess
      @AlbertBurgess  ปีที่แล้ว

      Hopefully you do now take it on board 🙏🏻