Watch Full Episode - NBB Trader: SMC The New Retail?, The Real Trading Algorithm, Thoughts on ICT | WOR Podcast EP.45 ua-cam.com/video/LF1VTFohH0U/v-deo.html
smc, ict, s&d, snr, trendlines. They all work, you just need to figure out where and when they work, that's where back and forward testing come in. I used to overcomplicate things and jump from one strat to another, just pick one and be really good at it and you'll be good. I only trade support and resistance now and it's freaking great, I only lose 2-3 times out of 10 trades with 1.3:1 RR.
Where did you find your strategy man bc i want to trade with support rezistance something but i dont know where should i orientate myself, can you help me?!
Yeah I feel like we aren’t given the context, the people who make real money keep it all a secret. Because that’s how the real money is made when you understand what the market wants to do( HTF intention) that’s where you know when and where to look for your setup
@@Dreamweavernow banks trade differently from retail. I know this because i used to work in a bank. Bank trades fundamentals round levels, they trade for hedge and positional trading. Nothing similar to how retail like us trades. Very different believe me.
@@Price_Action_Trades So true and what amazes me is when I learned a bit about BTMM they trade with market maker and with the levels too and it can up to 1 to 3 levels or 1 to 5 levels and it showed me how most 90 percent of retail traders get trapped
Don't follow the majority just focus on what works for you. Don't listen to people telling who think their way is the only way if your strategy works continue using it
If you don't decide the price, you are retail. Retail and SMC patterns is similar, just different narratives. SMC accumulation=consolidation, Relative Equal highs =double top, order blocks = engulfing candles,mitigation blocks= support and resistance and so many other
all retails including ICT just created their own terminologies just to recognize or identify the pattern in the market..but reality is...the market doesn’t care how you call the charts..it’s just ‘Bulls and Bears’ UP or Down..
Supply and demand on a smaller time frame is nothing but a double bottom on a higher time frame... Too many traders focus on trying to be right, instead of consistent
I agree. To actually become decent you need to annualise whatever your trading thoroughly. Looking at weekly, monthly and yearly charts. Watching how the entire market is moving aswell as paying attention to news. It takes a lot of time but if your good with self educating yourself you can really go far with it.
@@wolfcapital01If you focus on being right instead of consistent with your strategy, tells everything about how unprofitable you are. Every strategy with proven backtested data is profitable but it heavily depends on the person himself.
Honestly this is what has worked for me. Doing a top down analysis which is going to the daily and making off the high and the low. Dropping to 4H to mark off 4H support and 4H resistance. Dropping to the 1H to do the same which is locate support n resistance. Then on that same 1H locate my supply and demand and wait for price to hit either area and react. Been working for 3 years
Another thing is that people view loses as bad and wins as good, so every time they win let’s say 300 dollars they get excited. Just remember you can lose those 300 just as fast as you earned it. Winning a trade doesn’t necessarily mean success, especially in the long-term.
As long as you followed the rules of your strategy it is a good trade. Whether it is a losing trade or a winning trade. It is a valid setup according to your strategy. If you don’t follow your rules and it results in a winning trade -> *It is still a bad trade nothing to do with winning you breaking your rules automatically is a bad trade*
@@maximumpotential6867 it wasnt about what he said in the video, more for the people in the comments and asking if u trade ICT, the term “ict trader” shouldnt exsist😭
These are the things i think we need to have more, everyone struggles to find their way to consistency but when you hear what other people went through, the health limitations and all that and still make it work for them, it literally tells you there is always a way through to make this work. Love this piece!
What people never factor in is timing. You can markup your chart with a million things but when London open or NY open happens, it can change the entire narrative of the market. We are trying to figure out what the banks and hedge funds are doing. They accumulate orders manipulate price then go in correct direction. That manipulation is the high volatility to hit stops on both sides before going real direction. Everything works with timing added in. People be trading asian session then get stopped out during London or NY open and cry this doesn't work. It works if you are patient first and let them show you something
It all works. Some traders just trade support and resistance and make millions. Respect everyone’s strategy. Especially if it’s profitable. That’s all that matters. Do less talking: more executing. Talk is cheap and don’t make you now money. He comes off arrogant and rude.
I'm a year late but hope this helps Think of trading this way, It's a ride from POVERTY to STABILITY Now think of SMC, ICT, S&D , SNR or TRENDLINES as a means of transportation, they're like your BUS , TRAIN, LUXURY CARS , SPORTS CAR ,. Whatever mode of transportation you choose, it's NOT about how fast your ride is for you to reach your destination, it's about if the BRAKES are working,. That's where RISK MANAGEMENT is,. Without it, you will CRUSH eventually and you won't reach where you're headed,. Changing rides won't help you, it's about fixing the BRAKES of your ride so you be SAFE when havoc comes..
It always makes me chuckle a bit whenever I hear these ICT/SMC traders talk like they're not retail traders themselves 😂....At first I thought they were joking but they genuinely believe they're not "retail" 🤣. Newsflash, if you're not trading for an institution or you aren't regulated, you ARE retail, you're not a professional trader. ICT has his herd delusional 🤦🏽♂️
It literally doesn’t matter what you trade as long as you win lol wtaf trading is a one man thing since when was there factions and a war causing a great divide 😂😂
its just the same thing retail or smc is just which is easier to read the market risk management,consistency and right entries is what make the difference.
Let's play a game of coin toss with unlimited attempts. I understand that this game relies solely on luck, with only two possible outcomes: winning or losing, resulting in a 50% probability for each outcome. Even if you were to continue playing this game for 100 years, your probability of winning or losing would remain at 50%. As an Indian, I've noticed that a 5 Rupees coin tends to show tails more frequently than heads. This observation provides me with an advantage, and over a period of, let's say, 10 years, I will accumulate more wins than losses, provided that I win and lose the same amount each time. This can be seen as having an EDGE. An edge does exist, and once you find that edge, you will become unstoppable in trading.
That is why risk management is essential. Keep your losses small and profits high. Even if your strategy has a 50% win rate, you are still a profitable trader if you keep your losses small and win big.
too many people just miss use lines an patterns when they need to play off the actual data they are seeing. came from sports bets and that made it easier for me to determine when to cash in off certain statistics
That’s good to hear! People have a lack of understanding when it comes to probabilities and your background probably helped with that massively! Thanks for sharing
There is an even better way. It’s much more difficult so many refused to take the time to learn. Option order flows are one if not the best way to trading among these other concepts. Liquidity is what moves markets. This liquidity is created using math and algorithms which move the market. It’s very simple, but difficult to learn in practice because most didn’t pay attention in math class.
I THINK THE PROBLEM IS PEOPLE DOESNT KNOW TEH TARGETED FROM PROTECTED POIS THE INTERACTION BETWEEN SUPPLY AND DEMAND INSIDE THE MONTHLY WEEKLY DAILY CONTEXT XITH THE LEQUIDITY CONCEPT IS THE KEY ALL THE HTM LEGS ARE LEQ BUT FOR DIFFRENT USES
Everybody's psychological profile is unique and it doesn't matter how many strategies you learn you will lose, unless you frame your own with extensive testing and you can do that only with the right knowledge. You need to become an independent thinker.
Its all about having an edge. If your edge is a retail pattern then so be it. Everyone will have the learning curve. And will find what works for them. ICT AND SMC trade higher time frame as well. It just come down to the trader and money management. Thats all.
The breaker pattern most of the time is just heads and shoulders Ibr but then again you must think of how heads and shoulders is acc formed algorithmically
Htf narrative is very imp , random 1 min tf entries will not work. Everything works around where price is gonna reprice amd where the liquidity is sitting n your dealing range
Wedge itself is similar to smc, smc is a way to offer a more insightful understanding in the market so you would know when is the right, high probability trade, wedge or trend line break, all display liquidity sweep, follow a choch strong momentum breakout, and order block as retesting or fib retracement, it’s all similar, the understanding of oneself is the most important
@@wordsofrizdom Been trading for years, I’ve lost over 10K while going full time. Had to go back to a job, I want to say I literally just got it down this week. I trade SMC but I use the concepts in the larger time frames then work my way down. But I’m the end any strategy works as long as risk management is on point
Bro it’s about having multiple conformations and probabilities everything works you just have to have patience for your probabilities of winning to increase .. impatience is the killer .
I just stick with the "coin toss" method for trading bias, heads for longs, tails for shorts! Every few months I "flip" the script and do the reverse, heads for shorts and tails for longs!! My win rate has gone through the roof since adapting this style! Give it a try guys, superstition works!!
The funniest thing about these people who are trading “SMC” concepts and bashing retail traders is the fact that they don’t even seem to understand that no matter what strategy they are using they are still retail traders. Being labeled a Retail Trader has absolutely nothing to do with what kind of strategy your using, it’s about either being a professional trader or not, and the vast majority of these guys who are using SMC are not licensed professionals at all. Call your strategy whatever you want to, you can call it “Professional Trading Concepts”, but if you aren’t a pro trader your simply a Retail Trader
Man everyone got his style these guys over complicate things I don't follow any ict or smc traders anymore toxic and waste of time to follow anyone on Twitter found your style stick with it don't change it even if ict say so
if pattern traders traded correctly and took the POINT OR TWO a pattern setup is made for there would be more happy pattern traders but that’s another story entirely 😂
@@wordsofrizdom key word is “most” i guess. Coz way we understand and read the market we consider monthly or 6months even at times so i would say it is HTF narrative. And of course we drill down all other TFs as well. And blend them in some cases. I have to agree and i even don’t bash any trader or strategy out there. If something works, and it has been for a long period of time, then kudos all u need is the perfect emotionless execution. And everybody goes home happy with profits at the end of the day or week or month. If it works it works. Doesn’t have to be perfect or u don’t need the holy grail. And if someone claims if he has it , then his no of trades should be 100% in profits and no trade should be a losing trade. And we all know that person doesn’t exist 😂
I'm not embarrassed at being a retail trader, at all. Why should I give a damn what people that don't contribute to my success think? The market goes up, down, and sideways, i just need to be right on 1 of 3 directions more times than not. This ain't rocket science or brain surgery.
Man idk if anyone’s gonna read this comment but, I’m going into the military to learn discipline and improve my mind and body, but I also want to get into investing. I just turned 18 and am like 3 weeks out of Highschool, I’ve built up a decent build and have read a couple of books but honestly I have no idea where to start, any advice?
Watch Full Episode - NBB Trader: SMC The New Retail?, The Real Trading Algorithm, Thoughts on ICT | WOR Podcast EP.45
ua-cam.com/video/LF1VTFohH0U/v-deo.html
Ok
what does SMC mean??
Smart money concept @@andreiciocan9549
@@andreiciocan9549 SMC - Smart Money Concepts
Okay
Everything works, just those that are disciplined with it are winners.
Lol
That's it
@@Trace1kio Bro you legit have the same algo der your comments all the time
Facts
so true
Your hair line is an indicator for resistance
Painful!
Exponential or simple?? 😂
😂
Emotional damage 😂😂
😂
smc, ict, s&d, snr, trendlines. They all work, you just need to figure out where and when they work, that's where back and forward testing come in. I used to overcomplicate things and jump from one strat to another, just pick one and be really good at it and you'll be good. I only trade support and resistance now and it's freaking great, I only lose 2-3 times out of 10 trades with 1.3:1 RR.
Where did you find your strategy man bc i want to trade with support rezistance something but i dont know where should i orientate myself, can you help me?!
@@hazeraj16
Theres this dude called dapo willis…
He’s the best trader in the world for me
look at the charts try to invent yours
@@hazeraj16
Yeah I feel like we aren’t given the context, the people who make real money keep it all a secret. Because that’s how the real money is made when you understand what the market wants to do( HTF intention) that’s where you know when and where to look for your setup
@@omother6950icts content is literally free
People make trading so hard. All u have to do is use risk management u gone lose money regardless
That’s an interesting way of looking at it for sure 🧐
😂😂😂
They are trading retail this just cracks me up. We are all retail traders.
You’re not wrong there
Yes we are all retail cause of our deparity in capital but being retail doest mean you have to trade with retail concepts
@@Dreamweavernow banks trade differently from retail. I know this because i used to work in a bank. Bank trades fundamentals round levels, they trade for hedge and positional trading. Nothing similar to how retail like us trades. Very different believe me.
@@Dreamweavernow Nobody knows bank concepts my guy
@@Price_Action_Trades So true and what amazes me is when I learned a bit about BTMM they trade with market maker and with the levels too and it can up to 1 to 3 levels or 1 to 5 levels and it showed me how most 90 percent of retail traders get trapped
I just want to sue this guy's barber
😂😂😂😂😂🤣
😂😂😂😂😂😂
lmao 🤣
He’s a barber himself I guess 😂
IM SKELETON DEAD ☠️ 🪦
Don't follow the majority just focus on what works for you. Don't listen to people telling who think their way is the only way if your strategy works continue using it
If you don't decide the price, you are retail. Retail and SMC patterns is similar, just different narratives. SMC accumulation=consolidation, Relative Equal highs =double top, order blocks = engulfing candles,mitigation blocks= support and resistance and so many other
Don't see how order blocks are the same as engulfing candles lol.
@@SassyOnline ob is something as supply and demand, nothing new. nobody is trading like the banks, we're all retail
Retail patterns have accumulation consolidation patterns and have for centuries. Regardless of what your FURU tells you nothing new under the sun
We a all retail traders. This guy wants to be so special so badly that he doesn't want to admit he's a retail trader
all retails including ICT just created their own terminologies just to recognize or identify the pattern in the market..but reality is...the market doesn’t care how you call the charts..it’s just ‘Bulls and Bears’ UP or Down..
I agree. I believe it comes down to discipline and risk management. All that comes from experience. Adapting to market conditions is key.
This is very true 🙏🏽
Supply and demand on a smaller time frame is nothing but a double bottom on a higher time frame... Too many traders focus on trying to be right, instead of consistent
I don’t agree
I agree. To actually become decent you need to annualise whatever your trading thoroughly. Looking at weekly, monthly and yearly charts. Watching how the entire market is moving aswell as paying attention to news. It takes a lot of time but if your good with self educating yourself you can really go far with it.
@@wolfcapital01If you focus on being right instead of consistent with your strategy, tells everything about how unprofitable you are. Every strategy with proven backtested data is profitable but it heavily depends on the person himself.
@syahirulfadhli4255 wrong not every strategy is profitable
problem is that supply and demand sain‘t a smc concept.
This is so true. And it took hearing it out loud to realise it.
That’s great to hear) 🫡
U heard the 5 months ago... Ive u seen results 😂lol... U all be thrilled by bullshit
Honestly this is what has worked for me. Doing a top down analysis which is going to the daily and making off the high and the low. Dropping to 4H to mark off 4H support and 4H resistance. Dropping to the 1H to do the same which is locate support n resistance. Then on that same 1H locate my supply and demand and wait for price to hit either area and react. Been working for 3 years
That’s incredible to hear!! Keep it up 🙏🏽
Keep it up ! We always need to use what works for us , sadly people like complicating it
How do you use Daily high and low to trade ?
Same here , used the same method to get pass my evaluation in 10 days
Very subjective trading approach. You need quiet the experience and discretion to the like this
Just "Max leverage and no stop loss" is the key to success in trading
Interesting but I don’t disagree
Lel😂😂
Mostly during NFP, FOMC, CPI and those sorts. Bro you're a legend trader
Beautiful strategy... How is it going for you?
😂😂
Another thing is that people view loses as bad and wins as good, so every time they win let’s say 300 dollars they get excited. Just remember you can lose those 300 just as fast as you earned it. Winning a trade doesn’t necessarily mean success, especially in the long-term.
That’s a great way of putting it 🫡 hope people take note
As long as you followed the rules of your strategy it is a good trade. Whether it is a losing trade or a winning trade. It is a valid setup according to your strategy. If you don’t follow your rules and it results in a winning trade -> *It is still a bad trade nothing to do with winning you breaking your rules automatically is a bad trade*
I love the fact that he said, it comes down to the executor!
That’s right; it all boils down to the trader int he end
The trader is the asset
i've watched this interview a good 3x great work very knowledgeable young man, def knows his stuff. refreshing, thank you both
That’s amazing to hear! Thank you for tuning in appreciate it a lot 💙🙏🏽
Where do i get the full video?
Ict is not a concept, he is a person. He teaches you about how the market actually works. Its not a strategy😂
He never said that
He never said that
@@maximumpotential6867 it wasnt about what he said in the video, more for the people in the comments and asking if u trade ICT, the term “ict trader” shouldnt exsist😭
Is ict some course?
I get what you mean 🤣
These are the things i think we need to have more, everyone struggles to find their way to consistency but when you hear what other people went through, the health limitations and all that and still make it work for them, it literally tells you there is always a way through to make this work. Love this piece!
That’s the aim of the podcast show that everyone goes through a very similar journey and go through the struggles
What people never factor in is timing. You can markup your chart with a million things but when London open or NY open happens, it can change the entire narrative of the market. We are trying to figure out what the banks and hedge funds are doing. They accumulate orders manipulate price then go in correct direction. That manipulation is the high volatility to hit stops on both sides before going real direction. Everything works with timing added in. People be trading asian session then get stopped out during London or NY open and cry this doesn't work. It works if you are patient first and let them show you something
It all works. Some traders just trade support and resistance and make millions. Respect everyone’s strategy. Especially if it’s profitable. That’s all that matters. Do less talking: more executing. Talk is cheap and don’t make you now money. He comes off arrogant and rude.
SMC, ICT and pattern traders are just retail traders. They put in names just to separate them but they're all retail traders.
Follow price action... Nothing else can beat it.... Limit your loss per day.. Follow proper sl... Risk control... Patience... 2-3 trades per day only
Solid advice! 💯
Spot on mate, no strategy gives you win all the time. 2% risk per trade and do not overtrade
@@kimikimi47912%???if on a personal account yeah,on a funded no
I just had the most AHAAA MOMENT… Thank you for posting this one
That’s amazing to hear! Keep up the good work and progress
ICT = I CANT TRADE
I'm a year late but hope this helps
Think of trading this way,
It's a ride from POVERTY to STABILITY
Now think of SMC, ICT, S&D , SNR or TRENDLINES as a means of transportation, they're like your BUS , TRAIN, LUXURY CARS , SPORTS CAR ,. Whatever mode of transportation you choose, it's NOT about how fast your ride is for you to reach your destination, it's about if the BRAKES are working,. That's where RISK MANAGEMENT is,. Without it, you will CRUSH eventually and you won't reach where you're headed,. Changing rides won't help you, it's about fixing the BRAKES of your ride so you be SAFE when havoc comes..
But still I need to choose one transportation method or
One strategy to master...that's what I'm lagging in
True! I don't trade SMC and Patterns that's bs. The broker knows all that. Only 1% of the traders knows the secret, while 99% fails.
What is the best way to trade, I'm trying to become the bets day trader I can be but I really need advice
@@DiegoVtheG ICT but dont watch ICT watch TJR Justin Werlein DodgysDD
@@DiegoVtheG secret.
@@DiegoVtheGj read the caption lol
ICT teaches a lot on fair value gaps on reversals and trading down past old high low after market structure breaks etc
Yes that’s true for sure 🙏🏽
It always makes me chuckle a bit whenever I hear these ICT/SMC traders talk like they're not retail traders themselves 😂....At first I thought they were joking but they genuinely believe they're not "retail" 🤣. Newsflash, if you're not trading for an institution or you aren't regulated, you ARE retail, you're not a professional trader. ICT has his herd delusional 🤦🏽♂️
Even ict said himself he’s retail so I don’t know what his little fanboy cult are even talking about
@@teey1287 exactly
I don’t know why they call non smc traders retail when smc is retail trading too 😂
It literally doesn’t matter what you trade as long as you win lol wtaf trading is a one man thing since when was there factions and a war causing a great divide 😂😂
You don’t even need to win that often to make money
Simply what i do is top down ,monthly do to 4h chart , analyse on daily TF execute on 4h TF ,be patient watch news watch price ,economy
its just the same thing retail or smc is just which is easier to read the market risk management,consistency and right entries is what make the difference.
Love that. Couldn’t agree more 🫡
I like this message. It’s important to understand the higher and lower time frame narratives.
Indeed it truly is and most leave it out
Lots of ICT losing too… they miss a lot of stuff
ICT is literally just a pullback strategy with HTF trend confluence. It’s overrated and goofy af
That’s what happens when you complicate a system too much and can’t react to orice
Way too much discretion. Which FVG you gonna use?? Without rules your emotions kick in
Let's play a game of coin toss with unlimited attempts. I understand that this game relies solely on luck, with only two possible outcomes: winning or losing, resulting in a 50% probability for each outcome. Even if you were to continue playing this game for 100 years, your probability of winning or losing would remain at 50%. As an Indian, I've noticed that a 5 Rupees coin tends to show tails more frequently than heads. This observation provides me with an advantage, and over a period of, let's say, 10 years, I will accumulate more wins than losses, provided that I win and lose the same amount each time. This can be seen as having an EDGE. An edge does exist, and once you find that edge, you will become unstoppable in trading.
That is why risk management is essential. Keep your losses small and profits high. Even if your strategy has a 50% win rate, you are still a profitable trader if you keep your losses small and win big.
Higher timeframe holds higher power. Always work your way down starting with weekly or daily
That’s right! 🫡
now genius give us that holy Grail,we need it
Have to check out the full episode 🫡
too many people just miss use lines an patterns when they need to play off the actual data they are seeing. came from sports bets and that made it easier for me to determine when to cash in off certain statistics
That’s good to hear! People have a lack of understanding when it comes to probabilities and your background probably helped with that massively! Thanks for sharing
There is an even better way. It’s much more difficult so many refused to take the time to learn. Option order flows are one if not the best way to trading among these other concepts. Liquidity is what moves markets. This liquidity is created using math and algorithms which move the market. It’s very simple, but difficult to learn in practice because most didn’t pay attention in math class.
I use patterns mixed with smc and I barely take losses my strategy is about 80% accurate
Tell me bro @nathan
How do u do that?
What’s your strategy
This month.
80 percent is cap
Many great strategies out there just find yours and have Discipline, Also see it from series of trades perspective.
Yes that’s right!
Omar and the man himself “Ict” best traders right now ✨
For sure! Be sure to subscribe we have part 2 coming with Omor soon 🫡
Indeed, smc is a good strategy but people trade it as patterns and don’t look to higher time frames and the theory behind it, well said ❤
Indeed that’s true! Check out the full episode!
I THINK THE PROBLEM IS PEOPLE DOESNT KNOW TEH TARGETED FROM PROTECTED POIS THE INTERACTION BETWEEN SUPPLY AND DEMAND INSIDE THE MONTHLY WEEKLY DAILY CONTEXT XITH THE LEQUIDITY CONCEPT IS THE KEY ALL THE HTM LEGS ARE LEQ BUT FOR DIFFRENT USES
I agree but why the caps? Lol
Everybody's psychological profile is unique and it doesn't matter how many strategies you learn you will lose, unless you frame your own with extensive testing and you can do that only with the right knowledge.
You need to become an independent thinker.
Its all about having an edge. If your edge is a retail pattern then so be it. Everyone will have the learning curve. And will find what works for them. ICT AND SMC trade higher time frame as well. It just come down to the trader and money management. Thats all.
This is very true indeed! 🙏🏽
This dude haircut makes me feel good about my life
Perfect resistance to go short with a aggressive entry
this consolidating line makes me feel like the FVG is above those 3 hairs in his chin 😅
@alexescobar3261 😂😂😂😂
As a ICT trader i would agree that we are toxic in terms of other peoples opinions on strategies that work for them
That’s right! At least you recognise it 😂 be sure to check out the full episode and subscribe for part 2 with Omor
Which is the best ict mentorship ?2016 , 2017 ,2021 or 2023????? Which is the best? Year mentorship?
@@FORYOU_2start with the core concepts
The breaker pattern most of the time is just heads and shoulders Ibr but then again you must think of how heads and shoulders is acc formed algorithmically
There’s many layers to the puzzle of the markets
Who cares, profitability and generating an income you can rely on is the end goal.
Totally agree. You get stuck on the lower time frames. I didn't get it until i switched to higher time frames!
Htf narrative is very imp , random 1 min tf entries will not work. Everything works around where price is gonna reprice amd where the liquidity is sitting n your dealing range
That’s very very true! That HtF makes such a difference
The more you read trading books,the more u understand that smc concepts are actually not new but just branded "ict"all it takes is discipline
Interesting! Could you point to which books would be good to highlight them
I'm not arrogant, but i dont listen to traders who are below 15 years of experience and not to so-called SOCIAL MEDIA traders.
I’ve been saying this lol they’re trading harmonic patterns 😂
Lmao I’m sure many would get angry to hear that 😂
His fringe is on point.
Good to know
Keep it simple be disciplined focus on one or two strategies. The More you complex things the more you loose.
trading is all about how do we manage our risk. I have doubled my aCCOUNT 2 times but have lost due to poor risk management and Greed.
That is correctly. Doubling your account fast usually means over risking and can be a clear indication of what’s to come
Price action and volume 🤙🏽
That’s the one! Be sure to subscribe we have many more podcasts incoming 🙏🏽
Absolutely
You can't see the "real" volume in forex. All you get is the screwed broker volume which isn't accurate at all.
Wedge itself is similar to smc, smc is a way to offer a more insightful understanding in the market so you would know when is the right, high probability trade, wedge or trend line break, all display liquidity sweep, follow a choch strong momentum breakout, and order block as retesting or fib retracement, it’s all similar, the understanding of oneself is the most important
everything works, theres a MILLION ways to make a MILLION DOLLAR in the markets
This is very true!
Its not about the names is about the narrative of price. Narrative, HTF order flow and time are most important things
Everything works when we are discipline and respect trading plan🎉
SMC works when you look at the larger time frames. If you try trading SMC in lower times frames you’re gonna get taken out every time!
Very interesting observation for sure
@@wordsofrizdom Been trading for years, I’ve lost over 10K while going full time. Had to go back to a job, I want to say I literally just got it down this week. I trade SMC but I use the concepts in the larger time frames then work my way down. But I’m the end any strategy works as long as risk management is on point
Lolz. It works perfectly well on the 5 and 1 minute charts for me at least 😁.
Bro it’s about having multiple conformations and probabilities everything works you just have to have patience for your probabilities of winning to increase .. impatience is the killer .
the solution is in your mind ,not in the chart
This is extremely true 🙏🏽
Bro higher timeframe narratives works well when You scalp on the lower timeframe in the direction of the HTF
We all a retail trader's
This is very true
smc, techicnals, supply and demand, it all means nothing.
All comes down to the trader!
Forget Forex, love the hair ❤
his hair looks like is consolidating 😅
I just stick with the "coin toss" method for trading bias, heads for longs, tails for shorts! Every few months I "flip" the script and do the reverse, heads for shorts and tails for longs!! My win rate has gone through the roof since adapting this style! Give it a try guys, superstition works!!
Me:Hey smart money can you teach me price action
Smart money:(here comes a sucker ) sure why not do this pattern (thanks for the liquidity
Lmao 😂😂
The funniest thing about these people who are trading “SMC” concepts and bashing retail traders is the fact that they don’t even seem to understand that no matter what strategy they are using they are still retail traders. Being labeled a Retail Trader has absolutely nothing to do with what kind of strategy your using, it’s about either being a professional trader or not, and the vast majority of these guys who are using SMC are not licensed professionals at all. Call your strategy whatever you want to, you can call it “Professional Trading Concepts”, but if you aren’t a pro trader your simply a Retail Trader
Retail patters , I find my success in patterns , I don’t understand why people make it seem like it never works , 🤷🏾♂️
90% loosing tf..
Any method works I think, it comes down to the trader
SMC on top he says 90% are losing and i have been trading since december and only had 4 losses and 120 wins
Okay and maybe you’re not in the 90% then lol still doesn’t change the fact most are losing
@@wordsofrizdom but even then SMC traders dont trade Wedges hes talking abt retail traders they lose alot and ibr i was one of them
@@tanvirahmad1409 Which smt you are trading ? ict?
What strategy do you follow?
@@mymusic4ever600 i follow SMC and wyckoff it works all the time but you have to go on the charts at one point
Man everyone got his style these guys over complicate things I don't follow any ict or smc traders anymore toxic and waste of time to follow anyone on Twitter found your style stick with it don't change it even if ict say so
Indeed most don’t focus on themselves and wonder why it won’t work
@wordsofrizdom exactly then they jump from concept to a concept destroying their edge
is it just me or did he say NOTHING at all? 😂
🔥🔥🔥
bro needs to have a word with his barber
If you use a retail broker you're a retail trader.
That’s an interesting concept 🧐
That hair line needs some volatility.
🤣🤣
This man saying true words. All the insta trading poser talker what ever just trading retail bullshit. And sells it, if it’s an institutional shiit
Love to hear it!
I dont believe smc, but i believe buyers vs sellers
Yes sir I am of the same 🙏🏽🫡
I am learning 2 to 3 months smc not working waste of time...😢
@@elangovaniniyan7832 smc is a scam
Nothing wrong with any way. They say a big part if trading is emotions after all
@@Joshgraal it works you just have to find the correct narratives. A lot of people don’t use higher timeframe narratives.
if pattern traders traded correctly and took the POINT OR TWO a pattern setup is made for there would be more happy pattern traders but that’s another story entirely 😂
All strats work no one sticks to the rules and risk management is garbage.
That’s fair! Really does boil down to the basics
This is true because this was me before I discovered supply and demand
Am I the only one who never started out with retail as a trader
That’s good, I’m sure there’s probably others out there too with the amount of free content available online now
Prince Naseem got a point.
If there's nothing works 100% you don't have to confuse learn the best you got and start developing a trading plan
Indeed! Focus on the simple things
I don’t understand why he says smc doesn’t have HTF narrative 😂 at least get your facts straight man
He’s saying the trading doesn’t have HTF narrative most of the time
@@wordsofrizdom u mean trading in general or specifically smc ?
@@chamodnimsara7054 no he means traders in general. As in doesn’t matter the style most traders will forget the HTF narrative
@@wordsofrizdom key word is “most” i guess. Coz way we understand and read the market we consider monthly or 6months even at times so i would say it is HTF narrative. And of course we drill down all other TFs as well. And blend them in some cases.
I have to agree and i even don’t bash any trader or strategy out there. If something works, and it has been for a long period of time, then kudos all u need is the perfect emotionless execution. And everybody goes home happy with profits at the end of the day or week or month.
If it works it works. Doesn’t have to be perfect or u don’t need the holy grail. And if someone claims if he has it , then his no of trades should be 100% in profits and no trade should be a losing trade. And we all know that person doesn’t exist 😂
@@chamodnimsara7054 couldn’t agree more bro
It’s all just gambling, there is no way to know for certain. Invest in your own idea
That’s right, there is no certainty
Your barber bro😂😂😂
I trade FVG and its been pretty fucken successful if i do say so myself
Love to hear that! Keep it going 🙏🏽🫡
What bowl did u use?
I'm not embarrassed at being a retail trader, at all. Why should I give a damn what people that don't contribute to my success think? The market goes up, down, and sideways, i just need to be right on 1 of 3 directions more times than not. This ain't rocket science or brain surgery.
“Smart Money Concepts Concepts”
Always funny 😂
this guy is saying facts
Man idk if anyone’s gonna read this comment but, I’m going into the military to learn discipline and improve my mind and body, but I also want to get into investing. I just turned 18 and am like 3 weeks out of Highschool, I’ve built up a decent build and have read a couple of books but honestly I have no idea where to start, any advice?