BEGINNER FRIENDLY Futures Trading Webinar | ICC Strategy Explained (Everything You Need)

Finance-Focused Summary

De’Montrell presented an introductory futures-trading webinar centered on the ICC strategy: Indication, Correction, Continuation. The approach uses market structure and multiple time frames to identify a directional setup, then seeks entries during a pullback. The presenter emphasized practicing the method and managing risk rather than focusing on quick profits. The strategy and performance claims are the presenter’s own.

ICC Framework and Chart Process

• Mark the prior swing high and swing low on the 4-hour chart. The presenter recommends using a line chart to help identify swing points and focusing on recent price structure rather than distant history.
• Indication: Wait for a 4-hour candle to close beyond the marked prior high or low. A close above suggests a bullish indication; a close below suggests a bearish one. If price breaks the opposite level, the presenter says to reassess and begin the setup again.
• Correction: Move to the 15-minute chart to observe a move against the indication. In a bearish setup, for example, the correction is an upswing; in a bullish setup, it is a downswing.
• Continuation: Look for structure to turn back in the direction of the indication. In the bearish example, that means a return to lower lows and lower highs after the correction; in the bullish example, it means higher highs and higher lows.
• Entry: The presenter typically looks for a pullback and a confirming candle on the 5-minute or 1-minute chart, entering after confirmation rather than chasing an extended move. A pullback can consist of multiple candles.
• Stop and exit: The presenter places a stop around the recent swing point—above a recent high for a short, or below a recent low for a long—and describes trailing the stop as price makes new structural highs or lows. The presenter generally exits if price breaks the relevant swing structure and cautions against entering during consolidation.
• The presenter says a possible change of character should be supported by both a break in direction and a new swing structure—not just one contrary candle—to help avoid false signals.

The presenter’s personal routine is to focus on one symbol, one session, and one strategy, and to trade the New York session. They prepare charts around 8:30–9:00 a.m. and cite 9:30 a.m. as the session opening. They advise against forcing a trade if the setup has not formed, noting that the continuation may arrive later—or not that day. They also describe day trading as closing trades within 24 hours.

Markets, Instruments, and Platforms Mentioned

• Futures: Nasdaq futures (NQ) and Micro E-mini Nasdaq futures (MNQ); gold futures (GC) and Micro Gold futures (MGC).
• Other markets: S&P 500 futures, crude oil, and commodities generally.
• Platforms and services: TradingView, CME Group data, Topstep, Lucid Trading, Apex Trader, Take Profit Trader (TPT), Tradovate, NinjaTrader, thinkorswim, and AM Futures.

The presenter says CME real-time data is needed to avoid delayed futures charts, quoting approximately $7 per month for a TradingView CME subscription. A later remark refers to a fee of roughly $9 per month. They recommend checking the data subscription and symbol before trading.

Contracts, Sizing, and Risk

• The presenter says NQ contracts roll quarterly and gold contracts roll monthly. They recommend checking CME Group quotes for the current contract. As an example, they cite NQM2026 through June 2026, then NQU2026 after June.
• Their quoted point values are $20 per point for NQ and $2 per point for MNQ. They recommend that beginners start with one or two micros and caution against starting with minis or large contract counts.
• The presenter also quotes $100 per point for GC and $10 per point for MGC. These contract-value figures are presented verbally; traders should verify contract specifications with their broker or exchange.
• In a prop-firm illustration, a 62-point move is used as an example. The presenter estimates $1,240 for one NQ contract and about $124 for one MNQ contract. The discussion mixes points and ticks, so the example should not be treated as a definitive contract calculation.
• For live accounts, the presenter advises using only an amount the trader can afford to lose and says losses are limited to the funded account balance in the example discussed. They recommend paper trading first and starting small when moving to live trading.
• The presenter frames trading psychology as a major risk factor, warning about overtrading, revenge trading, FOMO, refusing to accept losses, overconfidence, overthinking, and repeatedly changing strategies. They state that trading is “10% skill, 90% psychology” and estimate that 5–10% of traders are successful, without providing a source for that estimate.
• The presenter disclosed personally losing over $1,000 after revenge trading, saying a live account fell from about $1,200 to $27.

Prop-Firm Details and Costs Discussed

The presenter explains that prop firms provide access to firm capital after an evaluation, subject to firm rules and profit sharing. They cite common splits of 90/10 or 80/20 and warn that firms can impose daily-loss limits, maximum drawdowns, payout requirements, consistency rules, and position-size limits.

A Lucid Trading evaluation example was described as follows:

Advertised account Quoted fee Other figures stated $25K $94 $1,250 profit target; $1,000 maximum loss; $90 reset fee $50K $129 Presenter says larger accounts have higher loss limits $100K $199 Presenter says larger accounts have higher loss limits

For the example account, the presenter also cites a $250 payout threshold, a 40% consistency rule, and a maximum size of two minis or 20 micros. They stress that the advertised account size is not the amount the trader can safely lose and advise beginners to prioritize skill over passing an evaluation quickly. Fees and rules vary by firm and may change.

Timelines, Recommendations, and Disclosures

• The presenter says they were introduced to trading in November 2024, resumed taking it seriously in October 2025, and became profitable by January 2026. These are personal claims, not independently verified performance data.
• A $35 monthly Discord membership is offered, with meetings usually held weekly on Sundays. The presenter says the webinar replay would be emailed to purchasers.
• The presenter did not give an explicit “not financial advice” disclaimer. The webinar was framed as trading education and strategy instruction; no verified or audited performance record was supplied.

Presenters and Sources

• Presenter: De’Montrell (also identified in the webinar as De Montreal; channel: De’MontrellTV).
• Sources or influences mentioned: Sierra Aaliyah and Trades by Sise.