Watch Full Episode - NBB Trader: SMC The New Retail?, The Real Trading Algorithm, Thoughts on ICT | WOR Podcast EP.45 kzread.info/dash/bejne/fnpluLZ_n8uuYLg.html

@Gaurav-dm8nv

4 ай бұрын

Ok

@andreiciocan9549

2 ай бұрын

what does SMC mean??

@mbyt5688

2 ай бұрын

Smart money concept ​@@andreiciocan9549

@luisbarbosa8136

Ай бұрын

@@andreiciocan9549 SMC - Smart Money Concepts

@SEVNSEVN

Ай бұрын

Okay

Everything works, just those that are disciplined with it are winners.

@Trace1kio

Жыл бұрын

Lol

@FaustoFX

Жыл бұрын

That's it

@spaceshipradio2810

Жыл бұрын

@@Trace1kio Bro you legit have the same algo der your comments all the time

@bdeliu3187

Жыл бұрын

Facts

@ibreakall8247

Жыл бұрын

so true

Your hair line is an indicator for resistance

@wordsofrizdom

Жыл бұрын

Painful!

@mphoserumola4985

Жыл бұрын

Exponential or simple?? 😂

@afzaltar2750

Жыл бұрын

😂

@shalomjack

Жыл бұрын

Emotional damage 😂😂

@eu8y

Жыл бұрын

😂

smc, ict, s&d, snr, trendlines. They all work, you just need to figure out where and when they work, that's where back and forward testing come in. I used to overcomplicate things and jump from one strat to another, just pick one and be really good at it and you'll be good. I only trade support and resistance now and it's freaking great, I only lose 2-3 times out of 10 trades with 1.3:1 RR.

@hazeraj16

6 ай бұрын

Where did you find your strategy man bc i want to trade with support rezistance something but i dont know where should i orientate myself, can you help me?!

@ojvic7297

6 ай бұрын

@@hazeraj16 Theres this dude called dapo willis… He’s the best trader in the world for me

@mouademalki680

5 ай бұрын

look at the charts try to invent yours @@hazeraj16

@omother6950

5 ай бұрын

Yeah I feel like we aren’t given the context, the people who make real money keep it all a secret. Because that’s how the real money is made when you understand what the market wants to do( HTF intention) that’s where you know when and where to look for your setup

@teey1287

5 ай бұрын

@@omother6950icts content is literally free

People make trading so hard. All u have to do is use risk management u gone lose money regardless

@wordsofrizdom

11 ай бұрын

That’s an interesting way of looking at it for sure 🧐

I just want to sue this guy's barber

@kingstonmckenzie4792

10 ай бұрын

😂😂😂😂😂🤣

@agentpepsi881

10 ай бұрын

😂😂😂😂😂😂

@ebenezeribekwe1993

8 ай бұрын

lmao 🤣

@harjotpanesar4595

8 ай бұрын

He’s a barber himself I guess 😂

@TylersRapPromo

7 ай бұрын

IM SKELETON DEAD ☠️ 🪦

They are trading retail this just cracks me up. We are all retail traders.

@wordsofrizdom

Жыл бұрын

You’re not wrong there

@Dreamweavernow

Жыл бұрын

Yes we are all retail cause of our deparity in capital but being retail doest mean you have to trade with retail concepts

@Price_Action_Trades

Жыл бұрын

@@Dreamweavernow banks trade differently from retail. I know this because i used to work in a bank. Bank trades fundamentals round levels, they trade for hedge and positional trading. Nothing similar to how retail like us trades. Very different believe me.

@odioncinar3753

Жыл бұрын

​@@Dreamweavernow Nobody knows bank concepts my guy

@jaredhansen6431

Жыл бұрын

​@@Price_Action_Trades So true and what amazes me is when I learned a bit about BTMM they trade with market maker and with the levels too and it can up to 1 to 3 levels or 1 to 5 levels and it showed me how most 90 percent of retail traders get trapped

ICT = I CANT TRADE

Don't follow the majority just focus on what works for you. Don't listen to people telling who think their way is the only way if your strategy works continue using it

If you don't decide the price, you are retail. Retail and SMC patterns is similar, just different narratives. SMC accumulation=consolidation, Relative Equal highs =double top, order blocks = engulfing candles,mitigation blocks= support and resistance and so many other

@SassyOnline

Жыл бұрын

Don't see how order blocks are the same as engulfing candles lol.

@odioncinar3753

Жыл бұрын

​@@SassyOnline ob is something as supply and demand, nothing new. nobody is trading like the banks, we're all retail

@Kloutkulture

Жыл бұрын

Retail patterns have accumulation consolidation patterns and have for centuries. Regardless of what your FURU tells you nothing new under the sun

@ntokozomashaba945

10 ай бұрын

We a all retail traders. This guy wants to be so special so badly that he doesn't want to admit he's a retail trader

@speedhunter7303

10 ай бұрын

all retails including ICT just created their own terminologies just to recognize or identify the pattern in the market..but reality is...the market doesn’t care how you call the charts..it’s just ‘Bulls and Bears’ UP or Down..

Supply and demand on a smaller time frame is nothing but a double bottom on a higher time frame... Too many traders focus on trying to be right, instead of consistent

@wolfcapital01

Жыл бұрын

I don’t agree

@Charliehas

Жыл бұрын

I agree. To actually become decent you need to annualise whatever your trading thoroughly. Looking at weekly, monthly and yearly charts. Watching how the entire market is moving aswell as paying attention to news. It takes a lot of time but if your good with self educating yourself you can really go far with it.

@syahirulfadhli4255

11 ай бұрын

​@@wolfcapital01If you focus on being right instead of consistent with your strategy, tells everything about how unprofitable you are. Every strategy with proven backtested data is profitable but it heavily depends on the person himself.

@ntokozomashaba945

10 ай бұрын

​@syahirulfadhli4255 wrong not every strategy is profitable

@LorisNov

7 ай бұрын

problem is that supply and demand sain‘t a smc concept.

This is so true. And it took hearing it out loud to realise it.

@wordsofrizdom

Жыл бұрын

That’s great to hear) 🫡

@Asmrcompilationsss

9 ай бұрын

U heard the 5 months ago... Ive u seen results 😂lol... U all be thrilled by bullshit

I agree. I believe it comes down to discipline and risk management. All that comes from experience. Adapting to market conditions is key.

@wordsofrizdom

11 ай бұрын

This is very true 🙏🏽

Honestly this is what has worked for me. Doing a top down analysis which is going to the daily and making off the high and the low. Dropping to 4H to mark off 4H support and 4H resistance. Dropping to the 1H to do the same which is locate support n resistance. Then on that same 1H locate my supply and demand and wait for price to hit either area and react. Been working for 3 years

@wordsofrizdom

Жыл бұрын

That’s incredible to hear!! Keep it up 🙏🏽

@b.i.6007

10 ай бұрын

Keep it up ! We always need to use what works for us , sadly people like complicating it

@00B13

6 ай бұрын

How do you use Daily high and low to trade ?

@jeff346

6 ай бұрын

Same here , used the same method to get pass my evaluation in 10 days

@DeepRacer-zr4yp

5 ай бұрын

Very subjective trading approach. You need quiet the experience and discretion to the like this

Just "Max leverage and no stop loss" is the key to success in trading

@wordsofrizdom

Жыл бұрын

Interesting but I don’t disagree

@gamingwithdingo

Жыл бұрын

Lel😂😂

@tradestone_fx

Жыл бұрын

Mostly during NFP, FOMC, CPI and those sorts. Bro you're a legend trader

@onifadeolasunkanmi2994

9 ай бұрын

Beautiful strategy... How is it going for you?

@bisiriyu

5 ай бұрын

😂😂

SMC, ICT and pattern traders are just retail traders. They put in names just to separate them but they're all retail traders.

Another thing is that people view loses as bad and wins as good, so every time they win let’s say 300 dollars they get excited. Just remember you can lose those 300 just as fast as you earned it. Winning a trade doesn’t necessarily mean success, especially in the long-term.

@wordsofrizdom

11 ай бұрын

That’s a great way of putting it 🫡 hope people take note

@DeepRacer-zr4yp

5 ай бұрын

As long as you followed the rules of your strategy it is a good trade. Whether it is a losing trade or a winning trade. It is a valid setup according to your strategy. If you don’t follow your rules and it results in a winning trade -> *It is still a bad trade nothing to do with winning you breaking your rules automatically is a bad trade*

What people never factor in is timing. You can markup your chart with a million things but when London open or NY open happens, it can change the entire narrative of the market. We are trying to figure out what the banks and hedge funds are doing. They accumulate orders manipulate price then go in correct direction. That manipulation is the high volatility to hit stops on both sides before going real direction. Everything works with timing added in. People be trading asian session then get stopped out during London or NY open and cry this doesn't work. It works if you are patient first and let them show you something

I love the fact that he said, it comes down to the executor!

@wordsofrizdom

Жыл бұрын

That’s right; it all boils down to the trader int he end

@DeepRacer-zr4yp

5 ай бұрын

The trader is the asset

It all works. Some traders just trade support and resistance and make millions. Respect everyone’s strategy. Especially if it’s profitable. That’s all that matters. Do less talking: more executing. Talk is cheap and don’t make you now money. He comes off arrogant and rude.

Ict is not a concept, he is a person. He teaches you about how the market actually works. Its not a strategy😂

@maximumpotential6867

Жыл бұрын

He never said that

@maximumpotential6867

Жыл бұрын

He never said that

@rennej

Жыл бұрын

@@maximumpotential6867 it wasnt about what he said in the video, more for the people in the comments and asking if u trade ICT, the term “ict trader” shouldnt exsist😭

@bilalshaikh6603

Жыл бұрын

Is ict some course?

@wordsofrizdom

Жыл бұрын

I get what you mean 🤣

These are the things i think we need to have more, everyone struggles to find their way to consistency but when you hear what other people went through, the health limitations and all that and still make it work for them, it literally tells you there is always a way through to make this work. Love this piece!

@wordsofrizdom

9 ай бұрын

That’s the aim of the podcast show that everyone goes through a very similar journey and go through the struggles

Follow price action... Nothing else can beat it.... Limit your loss per day.. Follow proper sl... Risk control... Patience... 2-3 trades per day only

@wordsofrizdom

Жыл бұрын

Solid advice! 💯

@kimikimi4791

11 ай бұрын

Spot on mate, no strategy gives you win all the time. 2% risk per trade and do not overtrade

@Kilonz0

11 ай бұрын

​@@kimikimi47912%???if on a personal account yeah,on a funded no

I like this message. It’s important to understand the higher and lower time frame narratives.

@wordsofrizdom

7 күн бұрын

Indeed it truly is and most leave it out

i've watched this interview a good 3x great work very knowledgeable young man, def knows his stuff. refreshing, thank you both

@wordsofrizdom

Жыл бұрын

That’s amazing to hear! Thank you for tuning in appreciate it a lot 💙🙏🏽

@emma3860

Жыл бұрын

Where do i get the full video?

I just had the most AHAAA MOMENT… Thank you for posting this one

@wordsofrizdom

Жыл бұрын

That’s amazing to hear! Keep up the good work and progress

Let's play a game of coin toss with unlimited attempts. I understand that this game relies solely on luck, with only two possible outcomes: winning or losing, resulting in a 50% probability for each outcome. Even if you were to continue playing this game for 100 years, your probability of winning or losing would remain at 50%. As an Indian, I've noticed that a 5 Rupees coin tends to show tails more frequently than heads. This observation provides me with an advantage, and over a period of, let's say, 10 years, I will accumulate more wins than losses, provided that I win and lose the same amount each time. This can be seen as having an EDGE. An edge does exist, and once you find that edge, you will become unstoppable in trading.

True! I don't trade SMC and Patterns that's bs. The broker knows all that. Only 1% of the traders knows the secret, while 99% fails.

@DiegoVtheG

8 күн бұрын

What is the best way to trade, I'm trying to become the bets day trader I can be but I really need advice

@MarekDemjan

8 күн бұрын

@@DiegoVtheG ICT but dont watch ICT watch TJR Justin Werlein DodgysDD

@daveanthonysalalima1128

7 күн бұрын

@@DiegoVtheG secret.

@anniecortella4223

7 күн бұрын

@@DiegoVtheGj read the caption lol

It always makes me chuckle a bit whenever I hear these ICT/SMC traders talk like they're not retail traders themselves 😂....At first I thought they were joking but they genuinely believe they're not "retail" 🤣. Newsflash, if you're not trading for an institution or you aren't regulated, you ARE retail, you're not a professional trader. ICT has his herd delusional 🤦🏽‍♂️

@teey1287

5 ай бұрын

Even ict said himself he’s retail so I don’t know what his little fanboy cult are even talking about

@loveline7305

5 ай бұрын

@@teey1287 exactly

I don’t know why they call non smc traders retail when smc is retail trading too 😂

It literally doesn’t matter what you trade as long as you win lol wtaf trading is a one man thing since when was there factions and a war causing a great divide 😂😂

@arathaemaxus5250

10 ай бұрын

You don’t even need to win that often to make money

Simply what i do is top down ,monthly do to 4h chart , analyse on daily TF execute on 4h TF ,be patient watch news watch price ,economy

There is an even better way. It’s much more difficult so many refused to take the time to learn. Option order flows are one if not the best way to trading among these other concepts. Liquidity is what moves markets. This liquidity is created using math and algorithms which move the market. It’s very simple, but difficult to learn in practice because most didn’t pay attention in math class.

That is why risk management is essential. Keep your losses small and profits high. Even if your strategy has a 50% win rate, you are still a profitable trader if you keep your losses small and win big.

its just the same thing retail or smc is just which is easier to read the market risk management,consistency and right entries is what make the difference.

@wordsofrizdom

Жыл бұрын

Love that. Couldn’t agree more 🫡

Everybody's psychological profile is unique and it doesn't matter how many strategies you learn you will lose, unless you frame your own with extensive testing and you can do that only with the right knowledge. You need to become an independent thinker.

ICT teaches a lot on fair value gaps on reversals and trading down past old high low after market structure breaks etc

@wordsofrizdom

Жыл бұрын

Yes that’s true for sure 🙏🏽

Higher timeframe holds higher power. Always work your way down starting with weekly or daily

@wordsofrizdom

4 ай бұрын

That’s right! 🫡

Lots of ICT losing too… they miss a lot of stuff

@darthtrader7605

Жыл бұрын

ICT is literally just a pullback strategy with HTF trend confluence. It’s overrated and goofy af

@Kloutkulture

Жыл бұрын

That’s what happens when you complicate a system too much and can’t react to orice

@DeepRacer-zr4yp

5 ай бұрын

Way too much discretion. Which FVG you gonna use?? Without rules your emotions kick in

Totally agree. You get stuck on the lower time frames. I didn't get it until i switched to higher time frames!

Omar and the man himself “Ict” best traders right now ✨

@wordsofrizdom

11 ай бұрын

For sure! Be sure to subscribe we have part 2 coming with Omor soon 🫡

now genius give us that holy Grail,we need it

@wordsofrizdom

11 ай бұрын

Have to check out the full episode 🫡

Price action and volume 🤙🏽

@wordsofrizdom

11 ай бұрын

That’s the one! Be sure to subscribe we have many more podcasts incoming 🙏🏽

@abasis.baruti9819

7 ай бұрын

Absolutely

@DeepRacer-zr4yp

5 ай бұрын

You can't see the "real" volume in forex. All you get is the screwed broker volume which isn't accurate at all.

Who cares, profitability and generating an income you can rely on is the end goal.

Keep it simple be disciplined focus on one or two strategies. The More you complex things the more you loose.

Indeed, smc is a good strategy but people trade it as patterns and don’t look to higher time frames and the theory behind it, well said ❤

@wordsofrizdom

20 күн бұрын

Indeed that’s true! Check out the full episode!

I THINK THE PROBLEM IS PEOPLE DOESNT KNOW TEH TARGETED FROM PROTECTED POIS THE INTERACTION BETWEEN SUPPLY AND DEMAND INSIDE THE MONTHLY WEEKLY DAILY CONTEXT XITH THE LEQUIDITY CONCEPT IS THE KEY ALL THE HTM LEGS ARE LEQ BUT FOR DIFFRENT USES

@wordsofrizdom

Жыл бұрын

I agree but why the caps? Lol

Htf narrative is very imp , random 1 min tf entries will not work. Everything works around where price is gonna reprice amd where the liquidity is sitting n your dealing range

@wordsofrizdom

Жыл бұрын

That’s very very true! That HtF makes such a difference

As a ICT trader i would agree that we are toxic in terms of other peoples opinions on strategies that work for them

@wordsofrizdom

11 ай бұрын

That’s right! At least you recognise it 😂 be sure to check out the full episode and subscribe for part 2 with Omor

@FORYOU_2

11 ай бұрын

Which is the best ict mentorship ?2016 , 2017 ,2021 or 2023????? Which is the best? Year mentorship?

@ceoadz

10 ай бұрын

@@FORYOU_2start with the core concepts

Its not about the names is about the narrative of price. Narrative, HTF order flow and time are most important things

too many people just miss use lines an patterns when they need to play off the actual data they are seeing. came from sports bets and that made it easier for me to determine when to cash in off certain statistics

@wordsofrizdom

Жыл бұрын

That’s good to hear! People have a lack of understanding when it comes to probabilities and your background probably helped with that massively! Thanks for sharing

Bro it’s about having multiple conformations and probabilities everything works you just have to have patience for your probabilities of winning to increase .. impatience is the killer .

Everything works when we are discipline and respect trading plan🎉

The more you read trading books,the more u understand that smc concepts are actually not new but just branded "ict"all it takes is discipline

@wordsofrizdom

4 ай бұрын

Interesting! Could you point to which books would be good to highlight them

Wedge itself is similar to smc, smc is a way to offer a more insightful understanding in the market so you would know when is the right, high probability trade, wedge or trend line break, all display liquidity sweep, follow a choch strong momentum breakout, and order block as retesting or fib retracement, it’s all similar, the understanding of oneself is the most important

Many great strategies out there just find yours and have Discipline, Also see it from series of trades perspective.

@wordsofrizdom

Жыл бұрын

Yes that’s right!

The breaker pattern most of the time is just heads and shoulders Ibr but then again you must think of how heads and shoulders is acc formed algorithmically

@wordsofrizdom

Жыл бұрын

There’s many layers to the puzzle of the markets

This dude haircut makes me feel good about my life

@DeepRacer-zr4yp

5 ай бұрын

Perfect resistance to go short with a aggressive entry

@alexescobar3261

5 ай бұрын

this consolidating line makes me feel like the FVG is above those 3 hairs in his chin 😅

@Billy_Gee

7 сағат бұрын

​@alexescobar3261 😂😂😂😂

using equity edge changed my trading game, would reccomend

This is true because this was me before I discovered supply and demand

I’ve been saying this lol they’re trading harmonic patterns 😂

@wordsofrizdom

19 күн бұрын

Lmao I’m sure many would get angry to hear that 😂

His fringe is on point.

@wordsofrizdom

11 ай бұрын

Good to know

Forget Forex, love the hair ❤

@alexescobar3261

5 ай бұрын

his hair looks like is consolidating 😅

We all a retail trader's

@wordsofrizdom

10 ай бұрын

This is very true

trading is all about how do we manage our risk. I have doubled my aCCOUNT 2 times but have lost due to poor risk management and Greed.

@wordsofrizdom

Жыл бұрын

That is correctly. Doubling your account fast usually means over risking and can be a clear indication of what’s to come

smc, techicnals, supply and demand, it all means nothing.

@wordsofrizdom

Жыл бұрын

All comes down to the trader!

If we’re trading the same markets are we not using the same strategies? Same patterns?

O Use the Breaker Block by ICT it Works on us30 daily market open

the solution is in your mind ,not in the chart

@wordsofrizdom

Жыл бұрын

This is extremely true 🙏🏽

Prince Naseem got a point.

I use patterns mixed with smc and I barely take losses my strategy is about 80% accurate

@akashpetermishra7554

Жыл бұрын

Tell me bro @nathan

@nologotone9044

Жыл бұрын

How do u do that?

@bittukhan1507

Жыл бұрын

What’s your strategy

@davidmiller-zf8zl

Жыл бұрын

This month.

@EliT3xEleM3nT

Жыл бұрын

80 percent is cap

He’s right. Teach me sensei

Its all about having an edge. If your edge is a retail pattern then so be it. Everyone will have the learning curve. And will find what works for them. ICT AND SMC trade higher time frame as well. It just come down to the trader and money management. Thats all.

@wordsofrizdom

Жыл бұрын

This is very true indeed! 🙏🏽

I just stick with the "coin toss" method for trading bias, heads for longs, tails for shorts! Every few months I "flip" the script and do the reverse, heads for shorts and tails for longs!! My win rate has gone through the roof since adapting this style! Give it a try guys, superstition works!!

Price action and psychological is alway king 👑 in the all market

what should we learn then ?

Hey I'm new in forex and crypto trading what is the best advice for beginners. Pls only advanced trader reply

What bowl did u use?

everything works, theres a MILLION ways to make a MILLION DOLLAR in the markets

@wordsofrizdom

Жыл бұрын

This is very true!

All strats work no one sticks to the rules and risk management is garbage.

@wordsofrizdom

4 күн бұрын

That’s fair! Really does boil down to the basics

price is fractal time frame doesnt matter

is it just me or did he say NOTHING at all? 😂

retail buys at the breakout and smc trader sells at the breakout towards the upside.

bro needs to have a word with his barber

The only concept that make sense is premium and discount

Man idk if anyone’s gonna read this comment but, I’m going into the military to learn discipline and improve my mind and body, but I also want to get into investing. I just turned 18 and am like 3 weeks out of Highschool, I’ve built up a decent build and have read a couple of books but honestly I have no idea where to start, any advice?

Retail patters , I find my success in patterns , I don’t understand why people make it seem like it never works , 🤷🏾‍♂️

@HerodotusTrades

Жыл бұрын

90% loosing tf..

@wordsofrizdom

Жыл бұрын

Any method works I think, it comes down to the trader

Every strategy works in my opinion

The key is adapting to market conditions, there re times when the market presents you perfect SMC concept setups, simple chart patterns, etc, also consider Co-relations,

So what bro,as long as you’re making money from the market it doesn’t matter what strategy you use! Live and let’s live!

It’s all just gambling, there is no way to know for certain. Invest in your own idea

@wordsofrizdom

Жыл бұрын

That’s right, there is no certainty

If you use a retail broker you're a retail trader.

@wordsofrizdom

11 ай бұрын

That’s an interesting concept 🧐

This man saying true words. All the insta trading poser talker what ever just trading retail bullshit. And sells it, if it’s an institutional shiit

@wordsofrizdom

8 ай бұрын

Love to hear it!

Which is the best mentorship of ICT ? 2016 or 2021 2022 or 2023 ???? Please guide

Man everyone got his style these guys over complicate things I don't follow any ict or smc traders anymore toxic and waste of time to follow anyone on Twitter found your style stick with it don't change it even if ict say so

@wordsofrizdom

10 ай бұрын

Indeed most don’t focus on themselves and wonder why it won’t work

@agentpepsi881

10 ай бұрын

@wordsofrizdom exactly then they jump from concept to a concept destroying their edge

When He says HTF narrative, what is that means to him? Is H1 and H4 consider HTF to Him?

@wordsofrizdom

Жыл бұрын

Yes it all depends on what strategy is being deployed.

@P_Money_Man

Жыл бұрын

You use every time frame that is higher from 1 month all the way down to 1hour or ever 5 minute

It’s really the multiple confluences

I trade FVG and its been pretty fucken successful if i do say so myself

@wordsofrizdom

Ай бұрын

Love to hear that! Keep it going 🙏🏽🫡

Who's the executor or is it the broker

Smc is retail also