Who Is Inner Circle Trader? From Enigma to Logo and Net worth
In Forex trading, “Inner Circle Trader,” or ICT, refers to Michael J. Huddleston, a well-known Forex mentor. He created several trading concepts like smart money, order blocks, and fair value gaps. In this article, I’ll share insights into who he is, his net worth, and the hidden meanings in his intriguing logo.
Who is the founder of ICT in Forex Trading?
Michael J. Huddleston, known as the Inner Circle Trader or ICT, is the founder of a well-known private Forex community. He famously calls himself “the mentor of your mentor.” Thirty years ago, he started this community to share his trading insights, such as order blocks, fair value gaps, and Interbank Price Delivery Algorithms (IPDA).
His teaching primarily focuses on how to track the activity of “smart money” on price charts and how to avoid falling into their traps. At the heart of ICT’s methodology are the concepts of time and price. According to Huddleston, price movements on charts are not random; they are driven by specific motives.
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 algorithm that execute the trade when conditions are most favorable. Its deployed by smart money to seek and destroyed the liquidity. This algorithm is more active on the specific time time slot normally at the opening of major trading session
