Who Is Inner Circle Trader? From Enigma to Logo and Net worth
The Inner Circle Trader, commonly referred to as ICT, is a renowned mentor in forex, trading, and cryptocurrency communities. The mastermind behind ICT is Michael J. Huddleston, who is widely regarded as a mentor to traders and the creator of Smart Money Concepts (SMC).
The Core of ICT’s Teaching Methodology
Michael J. Huddleston’s teaching revolves around guiding traders to understand the market by following the “footprints of smart money”—a collective term referring to large financial entities like banks, institutions, and hedge funds. His methodology equips traders with the ability to identify market movements driven by these powerful players.
Who is the founder of ICT in Forex Trading?
Michael J. Huddleston, widely known as the Inner Circle Trader (ICT), is the founder of a prestigious private Forex trading community. Often referring to himself as “the mentor of your mentor,” Huddleston has spent over three decades sharing his deep insights into the trading world. His teachings introduced groundbreaking concepts like order blocks, fair value gaps, and the Interbank Price Delivery Algorithm (IPDA).
At the core of Huddleston’s approach lies the interplay between time and price. He emphasizes that price movements are not random; instead, they follow deliberate patterns driven by calculated motives within the market.
ICT Core Trading Philosophy | Definition |
Order Blocks (OB) | Key price levels where institutions enter trades, creating high probability opportunities. |
Fair Value Gap | Imbalances in price caused by sudden market moves, offering advantageous entry/exit points. |
ICT Kill Zones | Time slot in Major Sessions. |
Interbank Price Delivery Algorithm (IPDA) | A method to track institutional price manipulation in the Forex market. |
Hidden Meaning Behind the ICT Logo
The Inner Circle Trader logo, designed by Michael J. Huddleston, is rich in symbolism and closely tied to his trading philosophies and methodologies. Here’s a breakdown of the logo’s elements and their meanings:
Central Dot: This dot at the center of the logo represents the “smart money,” a term used to refer powerful market players like large banks and funds that have significant influence over the forex and stock markets. The central position of the dot highlights the pivotal role of smart money in shaping market dynamics.
Surrounding Circles and Rings: The circles around the central dot are not just decorative. Huddleston claims that these rings represent numbers and on the basis of that number the Price Delivery Algorithm delivered price on chart. The arrangement of these circles is said to follow a Fibonacci sequence, a series of numbers that is often found in natural patterns and is frequently applied in trading to predict changes in market behavior.
Symbolism of Numbers: The circles are believed to represent specific numbers that, if decoded, can help a trader understand and predict market movements. This idea plays into the notion that the markets are not random and that certain numerical patterns can offer insights into future price actions.
Deeper Philosophical Meaning: Beyond these technical interpretations, the logo also embodies the complex nature of Huddleston’s trading philosophy, which integrates both the technical analysis of markets and a deeper understanding of the psychological and emotional aspects of trading.
Inner Circle Trader Net Worth
Michael J. Huddleston has built considerable wealth through Forex trading and his mentorship programs. He has earned millions trading Forex and futures contracts, with favorite trading pairs including E-mini S&P, EUR/USD, and JPY/USD. Sources claim his trading profits exceed $25 million.
ICT Mentorship Cost
ICT has recently closed his private mentorship program, choosing instead to release most of his tutorial videos on his YouTube channel. Previously, his mentorship was priced at over $20,000, making it one of the most expensive trading mentorships available. Despite criticism regarding the program’s credibility, I personally have experienced significant profits from his 2022 mentorship and core content.
Income From YouTube Channel
Michael Huddleston, known as ICT, has a large following on YouTube, with more than 1.2 million subscribers. According to Social Blade, his monthly earnings from the YouTube channel exceed $16,000.
What is ICT Enigma?
Enigma is the name of an algorithm that executes the trade when conditions are most favorable. It’s deployed by smart money to seek and destroy liquidity. This algorithm is more active in the specific time time slot normally at the opening of the major trading session. Learn more about when Enigma is more active