Lord Anton Kreil

Kaeso

Established member
836 91
Not sure what the point of ITPM posting these kind of silly videos is but here's the reason why:
For those that have several thousand to splash on a mentoring holiday with gourmet meals etc... its a bit of marketing. ITPM prefer to target the more affluent of wannabes :)
 

iq200

Well-known member
331 11
For those that have several thousand to splash on a mentoring holiday with gourmet meals etc... its a bit of marketing. ITPM prefer to target the more affluent of wannabes :)
Bloody expensive meals because I haven't ever seen any statistics on success rate after completion of Anton's courses.
 

Windlesham1

Well-known member
413 21
Was anyone else at the 'Brexit' seminar last night? I though it was quite good-but even more so because he has started to talk about options instead of the muppetry of other trading tools. No bias here,obviously!
 

iq200

Well-known member
331 11
I have got to admit the case of Anton is a bizzarre one. If I recall correctly he has golman sachs, lehman and jp morgan on his CV. It really is strange to pitch to newbies in this way. What I have learnt from some of my aquaintances who are instituional traders is that the information and tools they have at their disposal give them a considerable edge that cannot be used outside of the bank. Lets say they trade a commodity spread and have access to specific relevant flow order info, zero transaction costs you can see how they have a big edge. Also a risk manager who will remove emotion when you are unable to. I guess remove these tools and a former bank trader may struggle on the outside dunno its just bizarre like I said.
It's well known that the majority of bankers and fund managers after leaving their jobs can't trade to save their life.
As you say it's the advantages of being in a bank and having the bank's tools at their disposal that gives them the edge.
 

iq200

Well-known member
331 11
Was anyone else at the 'Brexit' seminar last night? I though it was quite good-but even more so because he has started to talk about options instead of the muppetry of other trading tools. No bias here,obviously!
He has an options course. It's just another set of interested traders he can hook. The obvious advantage is leverage and fixed risk (assuming you buy).
 
Hi, guys I've been digging around and found a few videos, on antons PTM course on youtube. Its very informative, but I still would not spend $3,000 on it. It's not the full series, its just several videos. You guys should check it out, if your seriously looking to buy his course.
 
Likes: Windlesham1

Windlesham1

Well-known member
413 21
Most likely reason Anton Kreil is so aggressive in training traders.

Every successful trader had a mentor- it's just how it works. I still struggle after 20 years as I have never been mentored. Pay up and get an education, or save your money and buy a Papa Johns franchise!
 
Sure, one needs to get an education. But is it necessary to pay up thousands for a 3 day course when cheaper books and internet forums are available? Besides, how do you know whether the trainer is good? Doesn't mean you pay thousands mean you get good trainers? If they're so good, why don't they make money trading instead of training?

Every successful trader had a mentor- it's just how it works. I still struggle after 20 years as I have never been mentored. Pay up and get an education, or save your money and buy a Papa Johns franchise!
 

Windlesham1

Well-known member
413 21
Sure, one needs to get an education. But is it necessary to pay up thousands for a 3 day course when cheaper books and internet forums are available? Besides, how do you know whether the trainer is good? Doesn't mean you pay thousands mean you get good trainers? If they're so good, why don't they make money trading instead of training?
I do not know how one can quantify this but so many ex trading firm traders went to hell when they tried to trade on their own. Anton is at least for real- Greg Secker nice chap though he is was never a trader. Amplify do real trading courses-and I of course mentor people for free but they need to trade UK options and have at least £70k to open a proper account. Forex is just a random wiggly line so it's anyone's guess- Walter Vanelli seems to do ok, I guess some people make money out of forex leaving the other 98% to flounder.
 

FXX

Experienced member
1,136 186
I do not know how one can quantify this but so many ex trading firm traders went to hell when they tried to trade on their own. Anton is at least for real- Greg Secker nice chap though he is was never a trader. Amplify do real trading courses-and I of course mentor people for free but they need to trade UK options and have at least £70k to open a proper account. Forex is just a random wiggly line so it's anyone's guess- Walter Vanelli seems to do ok, I guess some people make money out of forex leaving the other 98% to flounder.

Most people fail at forex because they focus on charts while ignoring the primary drivers of price. They get stuck in a world of smoke and mirror technical analysis. Very few are able to derive profit consistently using only technical analysis. You only have to look at the stats to see the evidence. The stats would be vastly different if people ignored the technicals and focused on the drivers
 

Windlesham1

Well-known member
413 21
Most people fail at forex because they focus on charts while ignoring the primary drivers of price. They get stuck in a world of smoke and mirror technical analysis. Very few are able to derive profit consistently using only technical analysis. You only have to look at the stats to see the evidence. The stats would be vastly different if people ignored the technicals and focused on the drivers
Can you explain what the drivers are-do you mean news flow?