ICT Mentorship 2022 Introduction

Overview

This document summarizes finance-focused highlights from the “ICT Mentorship 2022 Introduction” (hosted by the instructor known as “Demo Baller”). It covers instruments/venues, concrete performance numbers shown in examples, the teaching methodology, practical workflow, risk and platform notes, schedule and deliverables, behavioral guidance, and explicit cautions/disclosures.

Assets, instruments and venues mentioned

• Futures (primary teaching vehicle)
  • E‑mini S&P (example: E‑mini S&P March 2022 contract)
  • Micro e‑minis (recommended for smaller margin/risk)
  • Nasdaq futures
  • 30‑year Treasury bond futures
• Commodities historically traded by the presenter
  • Grains, cattle, gold, silver, crude oil, coffee, soybeans
• Forex and CFDs
  • FX references and MT4/MT5 mentioned
  • CFDs discussed but not recommended for U.S. traders for U.S. index exposure (regulatory/legal caveat)
• Brokers / platforms
  • TradingView (primary charting and teaching medium)
  • TD Ameritrade (used for live account examples and regulated fills)
  • MT4/MT5 referenced but presenter moved away from MT4-style demos due to potential for edited/fake history

Concrete numbers and example performance details

• Live account balance shown as an example: $23,694.11 (presenter noted it is “not a lot of money” and not a demo)
• E‑mini S&P specifics used in examples:
  • Tick = $12.50
  • Four ticks (one “handle” / one index point) = $50
  • Example target aspiration: 25 handles per week → implied $1,250 per contract/week
• Margin comment:
  • A full E‑mini contract may require roughly $12k–$13k margin (presenter uses this as rationale for using micro contracts)

Methodology / teaching framework

High-level approach

• Simplified price‑action model: minimal indicators and chart clutter
• Focus on intraday price action and reading directional bias (scalable to other timeframes)
• Use index/futures features as the primary teaching vehicle; FX/CFD/micro equivalents are options when margin constrained

Three-stage student progression

1. Yearner
2. Learner
3. Earner - Emphasis on following assigned drills/homework and structured progression

Tools and media

• Charting and live annotation on TradingView
• Live account examples executed via TD Ameritrade (to show regulated fills and routing)

Practical trade workflow (what is taught)

1. Identify a simple price level (liquidity matrix: buy‑side / sell‑side) where price is likely to move.
2. Establish directional bias; be precise on bias/direction rather than requiring tick‑perfect entries.
3. Use forgiving entries — either limit or market orders are acceptable.
4. Set clear targets in advance; exit (“collapse” the trade) when the target is reached.
5. Keep setups simple (line levels, expected breach/reach).
6. Repeat and seek recurring setups.

Risk management and position sizing

• Use micro contracts if full contract margin is unavailable to reduce per‑tick exposure and required margin.
• Avoid overtrading and over‑leverage.
• Be mindful of live‑account psychology; real money changes behavior (vs demo).
• Emphasize position sizing appropriate to account balance and risk tolerance.

Schedule, format and deliverables

• Mentorship length: approximately 3–4 months (includes a pause)
• March 2022: no content (vacation / pause)
• Release cadence (when active): initial episode on Friday, then Tuesdays and Thursdays
• Deliverables:
  • Assignments and downloadable PDFs (shared via YouTube community tab)
  • Live trade/video style: recorded live with no replay edits — unedited live entries/annotations

Performance expectations and practical goals

• Aim to identify recurring setups (goal: at least one good recurring setup per week)
• Practical example target: capture 25 handles/week on the E‑mini S&P as a modest, repeatable objective (scalable with contract size)
• Emphasis on incremental income — examples include covering recurring expenses (portion of rent or a car payment) over time

Behavioral and readiness guidance

• Strong emphasis on personal responsibility, discipline, practice, and completing homework
• Warning against dependency on the coach calling trades; students encouraged to make independent decisions and own outcomes
• Acknowledgement of psychological barriers to live trading (anxiety, obsession, bipolar tendencies, etc.) and recognition that not all students will succeed regardless of instruction

Explicit recommendations, cautions and disclosures

• No promises of performance: results vary and profitability is not guaranteed
• Charts are for learning; do not treat pre‑marked charts as automatic trade prompts — perform your own execution judgment
• Demo vs live differences emphasized: psychological impacts, drawdowns, increased tendency to overtrade after wins
• Regulatory/legal caution: U.S. traders should use regulated futures (not CFDs) for U.S. index exposure
• Platform fraud avoidance: presenter prefers TradingView + TD Ameritrade to avoid potential edited/inauthentic MT4-style demos
• Presenter disclosure: not being paid or endorsed by TD Ameritrade; TD Ameritrade used only for live examples

Regulatory and platform notes

• TradingView recommended for charting and transparent teaching
• TD Ameritrade used for regulated, non‑MT4 live account examples (visible fills, margin and exchange routing)
• CFDs flagged as potentially illegal/unsuitable for U.S. traders for U.S. indices — use futures on regulated exchanges instead

Presenter / source

• Instructor: the mentorship host known as “Demo Baller” (presenter of ICT Mentorship 2022 Introduction)