The Inner Circle Trader (ICT) approach using delayed Nasdaq Futures data can initially seem perplexing given the significance of timely information in trading. However, this practice is often strategically implemented depending on what traders aim to analyze or emphasize in their strategies.
Using delayed data effectively allows traders to refine their strategies with historical context without being distracted by real-time market noise. It offers an opportunity to focus on understanding historical price movements, patterns, and backtesting strategies without the influence of current market volatility. This can be particularly useful for newer traders seeking to master specific techniques or refine their analytical skills without the pressure of real-time decisions.
Furthermore, analyzing delayed futures data can also help in developing a broader understanding of how different news, events, or economic indicators might have impacted past market behaviors. For disciplined traders, using non-real-time data can serve as a foundation for robust technical analysis that can be later applied in live trading environments.
Moreover, whether ICT or any other trading methodology uses delayed or real-time data, the ultimate goal remains to build a comprehensible and reliable trading strategy. So, in this context, you aren’t missing anything but rather focusing on crafting strategies in a less stressful and more educative environment.
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