JOIN THE 2024 ITPM END OF YEAR ONLINE CONFERENCE GET MASSIVE DISCOUNTS ON ITPM ONLINE PROGRAMS CLICK HERE;- issuu.com/instituteoftrading/docs/itpm-end-of-year-conference-2024-discount-program
Highlights✨✨✨ Be patient Let the opportunity come to you Avoid boredom trades Manage risk Never set targets Identify the trend and ride it Be emotionally detached Take risk correctly and make a lot of money Dont write a check to the market Know whats trading and investing Hedge your exposure when necessary Do your research Generate your own ideas Think ahead of the herd Never add to losers Dont be afraid to load up on winners Embrace risk Dont blow up capital Have 1-3 months focus Be 1/2 not 3/4 steps ahead of the mkt Time your trade Let the winners ride Be humble F**k the market Good Luck
most people in trading do, you need to be extremely aware of the present moment for execution and also indifferent to short term swings and trust the process
We attended an Institute of Trading seminar with Chris Cathey last year in Manchester, after watching this video. Great insights into the financial world. Look forward to many more in the future!
Trading Psychology 101: * Patience. * The emphasis of stop losses is key if the trade is working against you. * Generating trading ideas and risk management. * The importance of having a mentor * * * I can go on and on. All of the above I picked up from the 1st watch. This interview is so clear and concise. My trading psychology is fixed. Thanks Institute of Trading and Portfolio Management.
Amazing interview from Chris Cathey, there were some Great piece of advice for every single trader in the world and they are 1. Only average profits 2. Be only 1 or 2 steps ahead. 3. Keep refreshing the portfolio for more profitable trading opportunities. 3. Horizon trading period of 3 months max. 4. Emotional detachment. 5. Have double the number of ideas, when there are 10 stocks in a porfolio. 6. Only rely on self analysis.
Professional Traders make it look like a piece of cake, I used to think it was once upon a time but once I learned more about what they do, I began to realise that it's actually a lot of seriously hard work, early mornings, thorough, relentless research and watching stock movement LITERALLY all day, forget about proper lunch breaks, too much can happen in just one hour, forget about sleeping well every night too, with the kinds of risks you have to take in the city, even with the best profile in the world, you ain't gonna be having many peaceful nights, even at weekends you'd need to be on the ball because you can't be 100% sure what is going to happen on Monday, it's only a certain kind of a person that could live like that, it's not for me but I have total respect for these guys and girls that do this.
@Inactive Account good point. I think a lot of people who go into trading aren't just made for it. You have to enjoy and passionate about doing the "little, grinding" boring things. It's not for everybody.
I am a full time trader and i do nothing of those things you mentioned. Like anton mentioned in this video, the initial learning period was the hardest as it was just study and study and learning and learning. that itself you need to be patient and take time with your learning. Like he mentioned, once you are comfortable and have found a trade plan that works and can repeat them over and over and generate money for a living, its about repetition. I sleep peacefully at night, have 7-8 hrs of sleep everyday, have 3-4 meals a day or more and my weekends are usually for detoxing from screen time and looking after my health and spending time with family and friends. The situation you mentioned are for those traders who try to jump the gun and try to become an overnight millionaire.
I’ve taken IPLT, and an currently taking PTM (I am on video 25). The courses are excellent. You pick up the nomenclature and processes and spreadsheet code as you go and practice and take notes. Highly recommend the courses I’ve taken. Will be taking POTM also. Can’t wait!!
they talk the same language. it's like father and son. I can easily tell Chris' influence on Anton. It's a pleasure to listen to your interviews and videos.
Inspirational guys. Took me three years to absorb this but im flying now. I was in cei before it was pumped... Big bears recent spike made me 300%. Big thankyou to both of you.
Out of all the interviews that Anton has done with the other mentors this one with Chris is by far the best one in my opinion. Chris is such a lovely man and I would be honoured to be mentored by him one day at the ITPM Thailand training. Thank you Anton for this amazing interview!
Yeah man, I remember when I was younger. I thought I was hot stuff, got into stocks, and absolutely failed. Learned my lesson. Moved on to safer investments, such as playing at the casino.
Anton and Chris - Thank you very much for this video. Whenever I see, i am going out of focus on my trades, I just see this video and remember everything i learnt about being disciplined with my trades, avoid early exists and be with the plan of trade.
Develop a trading plan. Maintain a daily trading diary. Define the trading universe. Do daily stock scans. Keep a trading watchlist. Train the mind to be 100% emotionally detached from any stock. Buy the leading stocks in leading sectors. Don't allow a stock to fall more than 7 percent below the initial buy price. Keep a trailing profit protect stop loss. Stay away from social media, and trading forums. Repeat the process and enjoy the positive expectancy.
I’m about to go on month 9 of my day trading career and I’m just starting to learn to be patient on my trades. Good commentary. Just what I needed to hear
The best thing about being patient and waiting for the market to hit your entry level is, if the market doesn't come to you and does something else, then you were wrong and it costs you nothing but you can still learn from it :)
An awesome video from two established trading icons. What I would have given just to be a worthless fly on the wall at Goldman when this pair were at full flow. If you're a rookie (like me), listen to everything they say carefully, as the advice given is not BS and ultimately pure gold.
I finally broke down and watched million dollar trader this weekend (I don’t like reality shows because they’re usually bullshit). By the end of the third show I was thinking What it would have been less me to trade under Anton and to know a fraction of what he knows. I’ve been devouring all the videos since then. I have to go to one of the seminars in NYC.
I recently found you guys... I love listening to past trading stories. Floor traders should get together and talk about the crazy parts of their careers.
Great video thanks for the upload. First time I'd seen or heard of Chris Cathey and was very impressed. The man obviously knows what he's talking about. And he's from my hometown which was nice to hear. Not many trading legends on UA-cam with a Geordie accent haha!
thisreal deal videos from the actual professional traders is so underrated, retail traders would rather worship those day trader gurus who loves to show off their good life!
The Biggest and most Important key lesson here, IMO, is actually of what to do or what not to do. Emotional detachment is Impossible. We are humans and when we see massive losses in our P/L, market moving very quickly the other way, margin calls, etc. we can't help but have a reaction. Like these guys said, it's What they did. Not panicking but doing something and that separates the pros from the amateurs. Knowing what to do and what not to do. One valuable lesson I recently learned in a trade, believing that it was going down, I shorted a position and there were two trading days that it went the other way. I set my stop at a certain level because I know that this market can run the other way very quickly. I got stopped out but was able to recover a bit. I had several opportunities to come back in at the same level but I didn't. Now the market is way down so I was right in the direction but the timing just slightly off. These trading courses may be a good thing but like these guys said, paper accounts are worthless. That is true emotional detachment!
The writing is on the wall, with the advent of free brokerages, the prevalence of retail Traders is increasing exponentially, especially in 2020 when retail trading volume quadrupled. Anton seems to be aware of that trend, I'm not so sure I like his "don't ask questions if you're stupid" approach, but he does have some extremely good advice/warnings about listening to Financial media outlets & gurus that are more inclined to mislead retailers to the benefit of the big players.
Chris sounds so humble, down to earth and genuine, there were some really great tips about how to develop as a trader. Great vid. I've heard it said that scientists can be good traders as they have a good mindset to be logical and explore and test out new ideas, and work to a system. I guess that is true with Chris.
Ive been trading for 5years , blown out almost 1000 times if not more, ive just become successful in getting my sense of patience in line. Consistency is next.
Wish I watched this beforehand. 2 weeks ago I lost $550 within 5 mins. Took a break and later that day saw many opportunities that could've put me 2 or 3 times in profit than the loss I took but I was too emotionally distracted and became scared to pull the trigger and when I did, I was either too late or too early. And with a big lot size so technically I was revenge trading. This is valuable advice right here
Wow Chris Cathey is the real deal! A True British hero I bet his ancestors had something to do with Cathey Pacific! I can see why Anton Kreil is a great expert having Dr Chris Cathey as one of his Mentors! Experts like these don't grow on trees!
JohnS1000RR Did you not know that scribes in the middle ages occasionally spelt differently the odd letter difference is nothing Cathey and Cathay are the same surname look up the surname at the house of names online! You are a fool!
Anton is the man. Thank you sooo much. I always wondered who was your mentor , because you absolutely Amazing. My life is transforming. My health my wealth my wisdom trending up LOLL
One is a Liverpudlian, the other sounds like a Geordie, proving the point that when it comes to the cut and thrust of financial trading, it`s ability that counts and not your background.
Much is mentioned of patience here, and the idea that it takes 2 years to learn your craft. Is the professional world so kind as to allow you this kind of time frame?!
I am doing the PTM at the moment and this video is masterpiece. I have watched this a few times now and I am learning something new about risks each time. It correlates very well with the 'Having discipline' part of the course. AMAZING AND THANK YOU.
I was trading USD/JPY yesterday and totally fucked myself by shorting (and doubling down on my short!) because I assumed a rising market would go down because that had been the trend and because I wanted / needed to believe it would go down. Rather than waiting for it to go down. What you guys talk about around 21:00 on the emotions is dead fucking on... if I had waited to see actual evidence rather than justifying it based on my fundamentals alone, I could have saved two stop losses or even made money.
Recently USD/JPY has been choppy as fuck you are brave..fundamental justify longs but market conditions don't summer holiday vol plus no immediate catalyst = zzzzzzzzzzzzzzzz
19:22 Golden Nugget right there, tremendous opportunity out there, if you know where to look my fellow traders. Always, remember be greedy when others are fearful-load up on a position. Decrease your position on companies that are fundamentally unsound, look for undervalued companies and companies that have a unique niche with solid performance and growth quarter after quarter and year after year .
how do you define undervalued companies? and be greedy when others are fearful? have you seen some of the state that stocks are in after the internet bubble crash? or have you seen some of the banking stocks after the banking crisis? some of them are still at the bottom and are yet to recover. and we are in 2021. people who bought the bottom in 2004 and who were in their 70s could have been dead by now waiting for the recovery. didnt anton mention to ride the trend? lol were you even watching? giving wrong advice like this is extremely dangerous for random people coming in and reading your comment
I'm new to all this and just trying to educate myself some what. At 5:48 he mentions if something was in the 10-15 level. I cant quite catch the word he uses as i wanted to look it up. Anyone help me out? thanks.
16:50 I'm new to trading. How do you set goals for yourself. I don't think I have crazy goals, but what's the best way to set goals that's are not profit related?
Dilly Billy . If you make profit related goals it can make you trade poorly. It can turn a trade more into a “gamble”. For example you should know your risk tolerance. so when I trade personally, my position size, profit targets, loss targets are extremely important and very mechanical (no emotion). If I had a “profit goal” on my overall account you’d tend to convince yourself to let trades go a little longer, a little lower, a little higher. It makes it more emotionally driven. Sorry I’m having a hard time explaining myself. Good goals to have are mostly educational and discipline related. I have goals when it comes to funding my accounts and building the portfolio (always a good goal to have) Good luck.
JOIN THE 2024 ITPM END OF YEAR ONLINE CONFERENCE
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Lessons here ..
1.Emotional detachment
2.Idea generation
3.Risk Management
abi abraham and Remember NONE of it is real money. Paper account or real, it's all MONOPOLY money
Main lesson: don't trust someone else's summaries. Generate your own.
To Abi: Well written. I like it. This is the holy grail of trading, something that *one can control* with cognizant *certainty.*
@@kareemmance To Kareem Mance: You have "2020" vision. Well written.
@@max0x7ba lmfao
It's crazy seeing Anton talk with the guy that mentored him
Why, dont You talk to Your teachers?
I don't even trade, but I love watching these guys videos.
yeah.. some life lessons and what money is actually worth. He gives good insight.
tallnsexy63 same here
Me too. Don't understand most of it, but I enjoy their insights.
Start trading!
Mike O'Hernia What platform should be used to purchase dividends from the stock market? Thanks.
Anton is clearly not arrogant and appreciates the help and training/mentorship he has received over the years - is great to see :)
Felt sad that I found the videos after 5 yrs. But glad they're still up here. Great lessons to implement.
Kreil a hero for educating the working class guy victimized by the sharks I enjoy all his stuff from the start .
Highlights✨✨✨
Be patient
Let the opportunity come to you
Avoid boredom trades
Manage risk
Never set targets
Identify the trend and ride it
Be emotionally detached
Take risk correctly and make a lot of money
Dont write a check to the market
Know whats trading and investing
Hedge your exposure when necessary
Do your research
Generate your own ideas
Think ahead of the herd
Never add to losers
Dont be afraid to load up on winners
Embrace risk
Dont blow up capital
Have 1-3 months focus
Be 1/2 not 3/4 steps ahead of the mkt
Time your trade
Let the winners ride
Be humble
F**k the market
Good Luck
Thank you!
Easier said eh
Thanks
🙌🙌🙌
Both of them have similar eyes. It is extremely focused and indifferent at the same time.
most people in trading do, you need to be extremely aware of the present moment for execution and also indifferent to short term swings and trust the process
The information in this interview is golden. I'll be saving and re-watching this for years to come. Thanks.
We attended an Institute of Trading seminar with Chris Cathey last year in Manchester, after watching this video. Great insights into the financial world. Look forward to many more in the future!
Just want to thank you guys for putting this out here for free, appreciate it.
Trading Psychology 101:
* Patience.
* The emphasis of stop losses is key if the trade is working against you.
* Generating trading ideas and risk management.
* The importance of having a mentor
*
*
*
I can go on and on. All of the above I picked up from the 1st watch. This interview is so clear and concise. My trading psychology is fixed. Thanks Institute of Trading and Portfolio Management.
Nomsa Ledwaba May I ask where you trade in mate?
I really enjoyed this video. My best takeaway," be patient and let the trade come to you" (paraphrasing). Thanks Anton and Chris.
Amazing interview from Chris Cathey, there were some Great piece of advice for every single trader in the world and they are 1. Only average profits 2. Be only 1 or 2 steps ahead. 3. Keep refreshing the portfolio for more profitable trading opportunities. 3. Horizon trading period of 3 months max. 4. Emotional detachment. 5. Have double the number of ideas, when there are 10 stocks in a porfolio. 6. Only rely on self analysis.
Professional Traders make it look like a piece of cake, I used to think it was once upon a time but once I learned more about what they do, I began to realise that it's actually a lot of seriously hard work, early mornings, thorough, relentless research and watching stock movement LITERALLY all day, forget about proper lunch breaks, too much can happen in just one hour, forget about sleeping well every night too, with the kinds of risks you have to take in the city, even with the best profile in the world, you ain't gonna be having many peaceful nights, even at weekends you'd need to be on the ball because you can't be 100% sure what is going to happen on Monday, it's only a certain kind of a person that could live like that, it's not for me but I have total respect for these guys and girls that do this.
Haha yea it’s pretty crazy at times, it is even worse in the crypto market. Running 24/7/365 and volatility in it makes it a nightmare at times
@@PCO231 In crypto you learn that market has a lot of opportunities.. you need to be patient
@Inactive Account good point. I think a lot of people who go into trading aren't just made for it. You have to enjoy and passionate about doing the "little, grinding" boring things. It's not for everybody.
What about the ceiling fans that do this? (disclaimer: I identify as a ceiling fan).
I am a full time trader and i do nothing of those things you mentioned. Like anton mentioned in this video, the initial learning period was the hardest as it was just study and study and learning and learning. that itself you need to be patient and take time with your learning. Like he mentioned, once you are comfortable and have found a trade plan that works and can repeat them over and over and generate money for a living, its about repetition. I sleep peacefully at night, have 7-8 hrs of sleep everyday, have 3-4 meals a day or more and my weekends are usually for detoxing from screen time and looking after my health and spending time with family and friends. The situation you mentioned are for those traders who try to jump the gun and try to become an overnight millionaire.
I’ve taken IPLT, and an currently taking PTM (I am on video 25). The courses are excellent. You pick up the nomenclature and processes and spreadsheet code as you go and practice and take notes. Highly recommend the courses I’ve taken. Will be taking POTM also. Can’t wait!!
Love this. Humility and willingness to share info make these two people greater than just being any old self-focused traders.
they talk the same language. it's like father and son. I can easily tell Chris' influence on Anton. It's a pleasure to listen to your interviews and videos.
Inspirational guys. Took me three years to absorb this but im flying now. I was in cei before it was pumped... Big bears recent spike made me 300%. Big thankyou to both of you.
My opinion this is one of the best of Anton's videos no nonsense. Real usable information. Thanks
6:38 - This is the moment I knew I needed to hear out Chris Cathey. This guy knows how to make good decisions. 👌
Love this no nonsense approach, we need more honesty in all sectors of society.
Thanks Anton and Chris! You help us get there. I appreciate your incentive and kind passing of a skill torch!
These masters are giving excellent advise. It is real.
Out of all the interviews that Anton has done with the other mentors this one with Chris is by far the best one in my opinion. Chris is such a lovely man and I would be honoured to be mentored by him one day at the ITPM Thailand training. Thank you Anton for this amazing interview!
Am I the only one with a notepad and a pen writing everything down?!
Anton and Chris, thank you for the wealth of information here!
36 min of absolute value. Thank you gentlemen!
This is the best interview I have ever seen on day trading ❤❤❤thanks a lot bothers of you ❤❤❤
Yeah man, I remember when I was younger. I thought I was hot stuff, got into stocks, and absolutely failed. Learned my lesson. Moved on to safer investments, such as playing at the casino.
Anton and Chris - Thank you very much for this video. Whenever I see, i am going out of focus on my trades, I just see this video and remember everything i learnt about being disciplined with my trades, avoid early exists and be with the plan of trade.
We all know how stressful trading can be. Love how calm these guys are when discussing their thought process.
making billions makes you confident
Being a professional in anything means defeating your inner fears and insecurities, not any dollar amount that people use as an excuse.
I find it really relaxing, actually.
Develop a trading plan. Maintain a daily trading diary. Define the trading universe. Do daily stock scans. Keep a trading watchlist. Train the mind to be 100% emotionally detached from any stock. Buy the leading stocks in leading sectors. Don't allow a stock to fall more than 7 percent below the initial buy price. Keep a trailing profit protect stop loss. Stay away from social media, and trading forums. Repeat the process and enjoy the positive expectancy.
Trading forums are the devil
2 solid guys, great attitude, grounded, my heros and inspiration
These two lads don't go hungry....
Facts
Yes, their garbage disposals eat better than 99% of the world!
@@mayhem1974 correction.. 99.9999%. (had to stop at the 4th PIP.
decent girth on both
If im correct. Anton’s net worth is around £26 million.
I’m about to go on month 9 of my day trading career and I’m just starting to learn to be patient on my trades. Good commentary. Just what I needed to hear
So, how's you career in trading going so far? you now been doing this for almost two years?
great to see a great part of history for both legends dear Anton and Dr. Chris, thank you for this interview; love you
Wow. These guys are good. Great interview/conversation. Lots of wisdom here.
just a thought, why don't you guys put all these interviews in a playlist?! it'd make it a little more convenient to binge watch them!
Or put them in you own playlist lol
untwerf spoken like a bitch why do you do it...
Brilliant Idea, great viewer locking method! They could make a bit more money off UA-cam aswell.
Like he cares about what you think. That must be it.
The idea is for you to buy and get started and not conveniently watch these videos...LOL!!!
Woahh..thats a lot of experience, information and knowledge all at once !!! Thank you guys🤝💸
„taken risk in bull markets, bear markets… and made Mill…Money“. Love the „i dont want to brag“ attitude.
The best thing about being patient and waiting for the market to hit your entry level is, if the market doesn't come to you and does something else, then you were wrong and it costs you nothing but you can still learn from it :)
An awesome video from two established trading icons. What I would have given just to be a worthless fly on the wall at Goldman when this pair were at full flow. If you're a rookie (like me), listen to everything they say carefully, as the advice given is not BS and ultimately pure gold.
Superb Interview.. specially the part where EMOTIONAL DETACHMENT is being discussed for few minutes.. gave much clarity
Rewatching this in 2024
I finally broke down and watched million dollar trader this weekend (I don’t like reality shows because they’re usually bullshit). By the end of the third show I was thinking What it would have been less me to trade under Anton and to know a fraction of what he knows. I’ve been devouring all the videos since then. I have to go to one of the seminars in NYC.
I recently found you guys... I love listening to past trading stories. Floor traders should get together and talk about the crazy parts of their careers.
Great video thanks for the upload. First time I'd seen or heard of Chris Cathey and was very impressed. The man obviously knows what he's talking about. And he's from my hometown which was nice to hear. Not many trading legends on UA-cam with a Geordie accent haha!
The most important sentence of Chris Cathey was, that Anton is giving us the tools to stay alive and be profitable.
thisreal deal videos from the actual professional traders is so underrated, retail traders would rather worship those day trader gurus who loves to show off their good life!
The Biggest and most Important key lesson here, IMO, is actually of what to do or what not to do. Emotional detachment is Impossible. We are humans and when we see massive losses in our P/L, market moving very quickly the other way, margin calls, etc. we can't help but have a reaction. Like these guys said, it's What they did. Not panicking but doing something and that separates the pros from the amateurs. Knowing what to do and what not to do. One valuable lesson I recently learned in a trade, believing that it was going down, I shorted a position and there were two trading days that it went the other way. I set my stop at a certain level because I know that this market can run the other way very quickly. I got stopped out but was able to recover a bit. I had several opportunities to come back in at the same level but I didn't. Now the market is way down so I was right in the direction but the timing just slightly off. These trading courses may be a good thing but like these guys said, paper accounts are worthless. That is true emotional detachment!
Top interview, best one yet
in this type of world its nice to hear reality and honesty ,im only saying that because they are both easy to read thanks guys
The writing is on the wall, with the advent of free brokerages, the prevalence of retail Traders is increasing exponentially, especially in 2020 when retail trading volume quadrupled.
Anton seems to be aware of that trend, I'm not so sure I like his "don't ask questions if you're stupid" approach, but he does have some extremely good advice/warnings about listening to Financial media outlets & gurus that are more inclined to mislead retailers to the benefit of the big players.
Chris sounds so humble, down to earth and genuine, there were some really great tips about how to develop as a trader. Great vid. I've heard it said that scientists can be good traders as they have a good mindset to be logical and explore and test out new ideas, and work to a system. I guess that is true with Chris.
Pure gold. Thank you boys!
Ive been trading for 5years , blown out almost 1000 times if not more, ive just become successful in getting my sense of patience in line. Consistency is next.
Wish I watched this beforehand. 2 weeks ago I lost $550 within 5 mins. Took a break and later that day saw many opportunities that could've put me 2 or 3 times in profit than the loss I took but I was too emotionally distracted and became scared to pull the trigger and when I did, I was either too late or too early. And with a big lot size so technically I was revenge trading. This is valuable advice right here
You are not the only one with those experiences. Keep learning. One day the perseverance and patience will pay us alll.
So many gems in this interview
another great interview Anton, loved to watch it. thanks to both guys, keep up the good work!
Wow Chris Cathey is the real deal! A True British hero I bet his ancestors had something to do with Cathey Pacific! I can see why Anton Kreil is a great expert having Dr Chris Cathey as one of his Mentors! Experts like these don't grow on trees!
that comment cracked me up
JohnS1000RR Did you not know that scribes in the middle ages occasionally spelt differently the odd letter difference is nothing Cathey and Cathay are the same surname look up the surname at the house of names online! You are a fool!
I think he's german
Sounds like a Geordie to me!
Thank you so much ITPM and the trading gurus for this priceless video. So inspiring and informative.
11:00 when you say you to generate ideas do you mean strategies aka patterns and fundamentals or stocks you pick to trade
yes
Anton is the man. Thank you sooo much. I always wondered who was your mentor , because you absolutely Amazing. My life is transforming. My health my wealth my wisdom trending up LOLL
If living the reality was a human being, these guys are one of the best embodiments.
Watching this out from India 🇮🇳 Amazing advice given .
One is a Liverpudlian, the other sounds like a Geordie, proving the point that when it comes to the cut and thrust of financial trading, it`s ability that counts and not your background.
Loved this video, especially the part about emotions starting at 16:00. Good stuff!
I have gone through a lot living in a 3rd world country for 36 years, the financial market can't budge my emotions.
nice one lmao
So how’s trading?
If you can’t do anything about it then it shouldn’t let you bothered too...
Understood Chris’s thought process, rich content.
Much is mentioned of patience here, and the idea that it takes 2 years to learn your craft. Is the professional world so kind as to allow you this kind of time frame?!
This channel is a true gem
This is good content. Good old-school traders.
Thanks, guys.
Excellent video with professional traders.
A lot of value in this video.
Seeing people who basically run the world talking about being in panic and have uncomfortable decisions is a real eye opener.
Lots of nuggets of wisdom in this conversation.
We ve been short 400 milion usd thru the lunch time :D
these interviews are very good i hope you do some more since its been 4 years now since you interviewed all the mentors cheers
Great legends...every word is diamond of this interview
I am doing the PTM at the moment and this video is masterpiece. I have watched this a few times now and I am learning something new about risks each time. It correlates very well with the 'Having discipline' part of the course. AMAZING AND THANK YOU.
Thank you for this. It means the world to me.
interview is just phenomenal. Thanks guys.
i am just a beginner and i really like this guy hes staright out thank you for your video
I'm starting with trading and those guys has a lot of knowledge
This dudes look stressed as fuck but they’re so chill
I was trading USD/JPY yesterday and totally fucked myself by shorting (and doubling down on my short!) because I assumed a rising market would go down because that had been the trend and because I wanted / needed to believe it would go down.
Rather than waiting for it to go down. What you guys talk about around 21:00 on the emotions is dead fucking on... if I had waited to see actual evidence rather than justifying it based on my fundamentals alone, I could have saved two stop losses or even made money.
Recently USD/JPY has been choppy as fuck you are brave..fundamental justify longs but market conditions don't summer holiday vol plus no immediate catalyst = zzzzzzzzzzzzzzzz
On what timeframe you was shorting ? If it is possible share your trade.
invest for the long term, short trading you will be burnt
That was spot on, more insights on what happens in the mentorship programme. Idea generation is key, a portfolio of 10 equals 20 plus ideas.
19:22 Golden Nugget right there, tremendous opportunity out there, if you know where to look my fellow traders. Always, remember be greedy when others are fearful-load up on a position. Decrease your position on companies that are fundamentally unsound, look for undervalued companies and companies that have a unique niche with solid performance and growth quarter after quarter and year after year .
Quote him son.... Warren Buffet
how do you define undervalued companies? and be greedy when others are fearful? have you seen some of the state that stocks are in after the internet bubble crash? or have you seen some of the banking stocks after the banking crisis? some of them are still at the bottom and are yet to recover. and we are in 2021. people who bought the bottom in 2004 and who were in their 70s could have been dead by now waiting for the recovery. didnt anton mention to ride the trend? lol were you even watching? giving wrong advice like this is extremely dangerous for random people coming in and reading your comment
Thank you Anton. We are avid minds looking for wisdom and guidance in a very greedy world. Cheers from 🇨🇱.
The risk is an opportunity to make money. If you are not willing to take the risk, then trading is not for you. That's a big one chris💯
But you have to learn how to do it correctly
Great Video Anton thank you I literrally have the education series playing in the background everyday whilst trading. Top qulaity information
I'm new to all this and just trying to educate myself some what. At 5:48 he mentions if something was in the 10-15 level. I cant quite catch the word he uses as i wanted to look it up. Anyone help me out? thanks.
Love the music they use. does anybody know any artist or is it in house?
.. so interesting and informative interview. Thanks a lot for this.
Another great video Anton! I enjoyed the discussion on the emotional detatchment.
The trading industry is by far the industry with the most intelligent people, if not with the highest EQ people too.
Brilliant Interview tyvm
16:50 I'm new to trading. How do you set goals for yourself. I don't think I have crazy goals, but what's the best way to set goals that's are not profit related?
Dilly Billy . If you make profit related goals it can make you trade poorly. It can turn a trade more into a “gamble”. For example you should know your risk tolerance. so when I trade personally, my position size, profit targets, loss targets are extremely important and very mechanical (no emotion). If I had a “profit goal” on my overall account you’d tend to convince yourself to let trades go a little longer, a little lower, a little higher. It makes it more emotionally driven.
Sorry I’m having a hard time explaining myself.
Good goals to have are mostly educational and discipline related. I have goals when it comes to funding my accounts and building the portfolio (always a good goal to have)
Good luck.
Anton is a talented speaker. Thank you for teaching us your trading experience.
Absolutely, I am mostly in poositions too early... Timing ís so important