Anton Kreil's Institute of Trading and Portfolio Management

I read in The Telegraph Newspaper Business supplement that the star of BBC's Million Dollar Traders (Anton Kreil) is doing a huge tour of the UK teaching traders how to trade like the pros.

Anybody heard anything about this???

I've managed to find the article, if anyone else is interested in reading it:

http://www.telegraph.co.uk/finance/m...llar-tips.html

Interview with Anton Kreil:

http://www.trade2win.com/knowledge/a...nterview/page1

Thanks for the post; I read the articles and watched the Million Dollar Traders show. He embodies a respect for the business that I admire and leaves me feeling better about my aspirations as a professional, if not independent trader.

Executive Directors, Managing Directors and Vice Presidents from:

 

1. Deutsche Bank
2. Goldman Sachs
3. MF Global Markets
4. Lazard Private Equity
5. Fortress Investment Group
6. GMR International

Will all be attending as special guests during the evening to network with traders.

All tickets have now been sold out!

To me the star was either the ex-military chap or the woman who kept blubbing.

Does Anton pay well?

12 more tickets have become available!

Book now...final few days...final few tickets!

http://www.eventbrite.com/event/8073...N10/6706739833

What is your interest in promoting this?

1. Top-down Macroeconomic Approach to trading.
   
2. Why only 1 in 5 spread betting accounts actually make a profit.
   
3. Who the true 'players' are in the market.
   
4. How to hedge risk, eliminate market risk and sector risk (Stock trading).
   
5. Plus a whole lot more!!!
   

For those who find this interesting...Anton Kreil will be back in London during February, March and April 2011.

More details will follow soon....

The only interest I have is to secure a job in the City and I'm doing it by networking with these high profile professionals.

Tickets for "Trade your way to financial freedom" have been in high demand...Now only 10 tickets are left!!!
http://www.eventbrite.com/event/9673...om1/6706739833


Anton’s current charge out rate to private investors and Hedge Funds is £10,000 per day.

You can now benefit from his knowledge and experience starting at just £199.99 at this exclusive seminar.


Act now to avoid disappointment!
http://www.eventbrite.com/event/9673...om1/6706739833

Anyone dumb enough to even consider this drivel should check out the post on T2W by one of the guys trained and supervised by Anton (and one of the few who made a small profit IIRC).

His comments regarding Anton are not particularly complimentary (but they are very funny, and more importantly quite accurate)

Its sad to see a so called trader begging for chump change, and even worse to witness the desperation of affiliate marketers promoting this crap.

If you consider this to be drivel, maybe you should take a more closer look at proprietary trading firms in the UK, look at what they're doing with people's hard earned money. Better still, look at these firms who are promising you "to earn more and achieve more", "how to secure a top role in Banking and Finance."

If I were a beginner, I would want to learn from the best out there. And who better than someone who has succeeded in the Investment Banking world. I think it would be completely defamatory to say, "begging for chump change" - especially when they don't even know Anton very well!

My interest is purely to secure a role in the banking sector, networking and having contacts with people within that industry are an added bonus.

Do not pay $3000 for something that is not structured, not concrete and freely available.
Instead invest your time into funding an account, practicing safe money management, take small speculations and see and study how you do.
Thanks

​Not sure if any of the above commentators has taken his course but as an experienced person:
​
​1. Anton, in general, is a nice person and a good speaker. It doesn't hurt to listen him. He is knowledgeable in the area to an extent that I believe at some point it benefited him. There were some twitter "libels" from users (as its a usual daily culture of twitter users) about him losing much of his money.
​2. In my opinion, his course is NOT worth 2K-3K but maybe about 400 dollars. Because:
​ a. In the course he really gives you a good fundamental picture of the market - though he only focuses on the US market. You will def. learn what is meant by leading/lagging economic indicators. Though you can get the same stuff for free online.
​ b. While he gives you the fundamental insights, he introduces you of his "Score card" system. This is where it all fails. Because this score card system is the only thing that shows you how to trade the fundamentals by scoring each fundamental indicator and then adding all of them together to get a final score to show country's current situation so that it suggests you to go short or long on any pair.
​ c. The methodology of the scorecard is NOT given but attempted to explain how it is in each video. He interprets each fundamental indicator based on his own economic understanding. In one indicator, he will give increments like 2, 3, 4, 8.. (then jump to),, 10, 10, 3, 4 and say the first part is inflationary and we are short biased or deflationary and we are long biased. But how did you come to that conclusion? Why does it jump to 10 and then another 10 and then drops to 2? Why not 7, 8, 6, 5, 4 but 10,10,3,4? Why not start from 1 but 2? ​
d. The increments, and the score numbers and the short/long biases change, and they are mixed for each fundamental indicator. So there is no one major score slate that is constant and equalized for each of them. So the problem is that, how do you decide to start from 2, 3, 4? I know that it is a rank from 0 to 10 but why not 1, 5, 7, 9 or 1,2,3,4,5....,10,9,8,7? This is extremely important cause in the end you add up all numbers together to see whether to go long or short so even 1 point matters!
​ e. Often he has 4 different biases in score cards for the indicators. So if it bottoms then you have a short bias, above of that section is called for long bias, above of it is short biased and above of it is long biased etc. Forget about the randomness of the numbers, the biases are randomly given with no explanation.
​ f. He only gives the US explanation not for others. So you need to create your own 30-40 fundamental indicators sheet for Japan, Euro, Chinese, Islamic Turkey, Mexican, Czech etc. areas. Not to mention that imagine the language barrier you are gonna have unless you speak bin laden language in getting the data AND "reliability" of them. He says he doesn't want to spoon feed you (a great marketing gimmick to exclude himself from the process). Let's say you get all the data but then how are you gonna score them? His score card does not have any methodology and it changes for every single indicator based on his own interpretation of the data. If you complain, he will say study economics. You say, yeah i majored in economics so i know what you are talking about. Then he says well you need to do your own interpretation... Then why da hell do i need to pay you?
​
​So! After all you go through this, spending 2K-3K, reading his and his peers' violent tweets swearing at anyone and calling people morons, idiots, will you learn something from his course? Yeah sure. Will you be able to actually use this course to trade? No.

I saw his video Anton Kreil Annihilates Retail Brokers and "Trading Educators" yesterday and I'm not sure what to think of.

In case you haven't seen it yet, you should do that:


It is a bit lengthy, but still a good watch. I found it quite interesting and funny. He is a good speaker and uses bold words against the "IB->Brokers->Educators" foodchain. And while he might be right about the "Dumb Money <> Smart Money <> COI" scheme, he has nothing special to offer that hasn't already been offered by other "saviours" before him.

If you go to their website (www.itpm.com - which loads awfully slow btw) you will find out that he charges you up to $8000 for the whole paket (Course 1, Course 2, Access to Data Sheets for 12 months). And this is where he loses credibility imho, because thats the same sort of tactics those "Trading Educators" he used to criticize use: Gather a hungry crowd, feed them small chunks to gain their trust and then milk them if they want more. Especially if you are a former Goldman Sachs trader, have made your millions in that time and now want to save all the retail traders from bleeding their accounts. Thats a bit hypocrite I'd say.

Besides that, I don't think it is the Brokers or Educators fault that 90% of Traders lose money. Brokers simply offer a supply for a demand. Of course are they interested in making money, same as Banks, your favourite Supermarket, etc. Nobody is a welfare organization, except the welfare organization tho - and even them need money.
Also you don't have to learn from an Educator who wants you to sign up at a platform. There is lots of stuff freely available in the internet, YouTube, Forums, etc. You can get educated there - and still lose money.

And of course Goldman Sachs has "90% profitable days" a year. As he said: They employ the smartest heads available, who have a master degree in economics, do nothing else than analyzing the geopolitical situations, markets, reading statements, news, generating quantitative models, etc. Day in, day out. Thats their job.

Are you able to perform like a Goldman Sachs trader after following his course? I highly doubt it. Most retail traders don't have any understanding of economics and fundamentals. And it requires quite some dedication, enthusiasm, commitment and time to get this understanding. And thats what most retail traders don't want to do. Most traders want to "draw lines" and "buy when this line crosses that line" or "sell when that line crosses this line".

So yea ... Long story short: Funny guy, bold words. But still not better than the rest of the "Jesus Educators".

after many years, I have to say, that's almost the right answer. I am facing the same problem and confusion. the correlation between the drivers and GDP, the method of score card...and so on. If the comparison is not standardized, the score is not reliable.