Michael Huddleston, known as the Inner Circle Trader (ICT), has a notable journey in the world of trading. His interest in trading was initially sparked by his uncle, who advised him that the wealthiest people trade futures and options. Despite initial disinterest, this idea eventually resonated with him.
Category | Details |
---|---|
Full Name | Michael Huddleston |
Also Known As | The Inner Circle Trader (ICT) |
Early Influence | Uncle’s advice on futures and options trading |
Initial Career | Servicing vending machines, leading to interest in entrepreneurship |
Entry into Trading | Inspired by a trading course advertisement in Entrepreneur magazine |
Early Trading Experience | Significant initial loss in Orange Juice Options trading |
Education and Development | Took courses by Larry Williams, developed a trading system based on Stochastic divergence |
Challenges | Experienced a major financial setback due to inexperience and over-leverage |
Innovation | Developed a theory about algorithm-driven market price movements |
Teaching and Legal Issues | Passion for teaching led to a conflict with the Commodity Futures Trading Commission (CFTC) |
Branding and Legacy | Established the brand “Inner Circle Trader”, known for free, detailed mentorship and trading systems |
Online Presence | Significant following on YouTube and Twitter, providing trading insights and mentorship |
Early Beginnings
Uncle’s Influence: Michael’s journey into trading was sparked by his uncle’s belief that futures and options trading was a path to wealth. This idea, although initially unappealing, gradually influenced Michael’s career choices.
Career Start
First Job: Michael’s first job involved servicing vending machines, where he developed an interest in entrepreneurship.
Entry into Trading: Inspired by an ad in Entrepreneur magazine, Michael enrolled in a trading course, marking his foray into the trading world.
Initial Trading Experiences
First Major Loss: His early trading efforts, particularly in Orange Juice Options, resulted in a substantial loss of 50% of his initial investment.
Overcoming Challenges
Educational Pursuits: Following his early losses, Michael sought further knowledge through various trading courses, including those by Larry Williams.
Developing Strategies: He developed a trading system based on Stochastic divergence, which initially proved successful.
Refinement and Resilience
Setback and Recovery: Despite a successful streak, a lack of experience led to a significant setback, with Michael losing his entire trading account.
New Theories: Unfazed, he continued to refine his approach and developed a new theory focusing on market algorithms.
Teaching and Legal Challenges
Teaching Passion: Michael’s interest in teaching about trading led to a brief legal conflict with the CFTC, resulting in a temporary withdrawal from trading forums.
Establishing The Inner Circle Trader
Branding and Mentorship: Michael later returned to the public sphere, sharing his insights under the brand “Inner Circle Trader”.
Recognition and Following: His approach of providing free, detailed mentorship and effective trading systems garnered him significant acclaim and a large following on platforms like YouTube and Twitter.
Hello
Considering the fact that you just crossed one million youtube subs and the likelihood of contacting you now is slim, Id figured Id shoot my shot here to ask if you’d mind offering your date of birth? No pressure really. Im just curious considering Ive been binging on your content since failing my last two trials.
Thank you
I would also love to know
Wtf