Kardec Trader breaks down why blaming ICT or a single algorithm for losses misses the point. Traders need to accept that any trade can hit a stop loss and focus on applying a consistent edge instead of chasing conspiracy theories.
Chapters
ICT was able to become this successful because he gave very simple answer: they're hunting for your stop loss, there's one algo ruling everything, and it's all a big manipulation, it's all a scam. That's a much comforting answer than embrace uncertainty, because it's very hard to embrace uncertainty. But as a trader, you need to embrace uncertainty. You need to embrace uncertainty in every single trade that you're going to take. You cannot assume that you just know, because you do not know what your next trade's outcome is going to be. And all of the successful traders that we've had the I've had the luck to talk to, they always say you're never gonna know your outcome of your trade. Even though you have an edge, when you enter a trade, you have to assume that it could be either a stop loss or a take profit and not care about the outcome. You just have to care about applying an edge.