I will no longer trade 'ICT' Concepts. I am moving on from pseudo-institutional folklore to actual market microstructure and probabilistic execution models. Price isn’t “delivered by an algo”, it’s emergent behaviour from fragmented market depth and asynchronous order flow.
There are ICT traders far more successful than me. But after deep study, I realized most ICT concepts are plagiarized and rebranded ideas from Dow Theory, Wyckoff, Elliott Wave, Peter Steidlmayer’s Auction Market Theory, and classic chart pattern literature.
After reading:
Bouchaud et al. on latent liquidity & market impact
O’Hara (Cornell) on market microstructure theory
Easley, López de Prado & O’Hara’s work on flow toxicity (VPIN)
...it’s laughable to think price is “delivered” by a single algorithm
Bouchaud et al. on latent liquidity & market impact
O’Hara (Cornell) on market microstructure theory
Easley, López de Prado & O’Hara’s work on flow toxicity (VPIN)
...it’s laughable to think price is “delivered” by a single algorithm
I thought ICT suited my personality but it doesn't. It’s rooted in narrative logic, unverifiable, and prone to hindsight bias. I value falsifiability, data-driven structure, and market realities that can be modelled, tested, or observed in real-time flow metrics.
Trading is probabilistic, not deterministic. It’s about adapting to second-order chaos where alpha decays fast and edge is subtle. Anything that can’t survive statistical scrutiny or real-time execution pressure is noise, no matter how poetic it sounds.
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