ICT 2022 Mentorship Model: ክፍል 1 – Introduction

Introduction

This tutorial covers the key points from the video "ICT 2022 Mentorship Model: ክፍል 1 – Introduction" by ICT Yohannes. The purpose is to introduce the ICT mentorship model, which aims to support individuals in the field of trading, specifically in the Forex market. This model is relevant for anyone looking to enhance their trading skills, gain insights from experienced mentors, and understand the foundational concepts of the ICT approach.

Step 1: Understand the ICT Mentorship Model

• The ICT mentorship model is designed to guide traders through the complexities of the Forex market.
• It emphasizes the importance of mentorship in achieving trading success.
• Key components of the model include:
  • Learning foundational trading principles.
  • Developing a personal trading strategy.
  • Receiving feedback and support from experienced traders.

Step 2: Commit to Continuous Learning

• Trading is an ongoing learning process. Embrace the idea that you will never stop learning.
• Engage with various educational resources:
  • Books on trading psychology and strategies.
  • Online courses and webinars.
  • Interactive trading forums and communities.

Step 3: Engage with the Community

• Join the ICT community through social media platforms:
  • Instagram: ICT Yohannes
  • Telegram: ICT Yohannes Channel
  • TikTok: ICT Yohannes
  • Twitter: ICT Yohannes
• Participate in discussions, ask questions, and share experiences to enhance your learning.

Step 4: Apply the Concepts Practically

• Start implementing the strategies learned in a demo trading account before moving to live trading.
• Focus on:
  • Risk management: Always protect your capital by using appropriate stop-loss orders.
  • Analyzing market trends: Use technical and fundamental analysis to inform your trading decisions.

Step 5: Seek Feedback and Adapt

• Regularly review your trading performance.
• Seek feedback from mentors and peers within the ICT community.
• Adapt your strategies based on feedback and market changes.

Conclusion

The ICT mentorship model is a valuable resource for aspiring traders seeking guidance and community support in their trading journey. By committing to continuous learning, engaging with the community, and applying the concepts practically, you can enhance your trading skills and achieve better results. Consider exploring the resources and platforms mentioned to deepen your understanding and connect with fellow traders.