Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency Trading => Topic started by: Smcchamp on April 24, 2024, 08:39:33 PM
-
I've been shaping my TA skills and I've got a question. To me both ICT & SMC are same but with different terms. MSS, COCH, BOS, PREMIUM & DISCOUNT ZONES, PD ARRAY, OB, FVG etc. But I might be wrong. Hence I'm here to seek clarity!. What's your opinion? As a trader, which of them did you find easier to understand!.
-
Yes, they are same to some extent as both talks about liquidity and manipulation. But, at deep level they have some minor changes, however most traders don't go at depth of those terms and that's why for them both are same.
Many people believe that SMC is easier to understand but the ones who want proper knowledge may give time to learn both of those. Even if you master those two concepts you may still not be a good traders unless you make your own trading plan with a personalized strategy.
-
I learned most of the strategy, I also joined a mentorship program for SMC and I easily understand it. But since SMC is not enough for me, I tried to learn ICT by myself. I can say that ICT is more difficult to learn than SMC. I can say that it's an advance SMC, because they have similarities in terms of how they see the market. But doesn't mean SMC is not a profitable strategy or concept. There are lot of traders up to this days who really use SMC and still make profit, maybe they make a little changes to the strategy to enhance it effectiveness.
-
Yes, they are same to some extent as both talks about liquidity and manipulation. But, at deep level they have some minor changes, however most traders don't go at depth of those terms and that's why for them both are same.
Many people believe that SMC is easier to understand but the ones who want proper knowledge may give time to learn both of those. Even if you master those two concepts you may still not be a good traders unless you make your own trading plan with a personalized strategy.
This helps mate. Thank you for your input