ICT Mentorship Core Content - Month 6 - Reducing Risk & Maximizing Potential Reward In Swing Setups

Notes

  • In the swing trading videos, Michael only uses order blocks to show possible entries because demonstrating all the PD arrays of the matrix would create a ridiculously long video.
  • Even a very busy person can handle trading a four-hour chart.
  • We don’t need too much leverage to become wealthy.
  • Once you reach the two million mark, consider joining a prime brokerage. While they won’t allow you to use leverage, they will provide tremendous liquidity.
  • The same entry techniques are used for swing trading as for position trading, i.e., stop entry technique and limit order technique.
  • Michael claims that finding swing trades that offer a risk-to-reward ratio of 1:10 is easy.

Swing Trading Model - Reducing Risk

Swing Trading Model - Maximizing Reward

Reducing Risk & Maximizing Potential Reward In Swing Setups - EURUSD Monthly Chart Example

Reducing Risk & Maximizing Potential Reward In Swing Setups - EURUSD Four-Hour Chart Example

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