Sorry I can't remember (I knew someone would ask!), but it wasn't one I was familiar with, although I am a bit of a newbie when it comes to brokers.
http://www.instutrade.com/trading-accounts/
Alpha rings a bell but could be wrong...
http://www.instutrade.com/trading-accounts/
Alpha rings a bell but could be wrong...
Hi
Been lurking a while and was drawn to this discussion searching for 'Anton Kreil.' I'm following him on Twitter and he's very active at the moment promoting his Institute of Trading and Portfolio Management. Good luck to him.
Nothing to really add to the discussion only to say, that he was a successful retail trader before joining GS etc. He started by flipping IPO's at 16 and paid for his way through University where he managed to cash in on the growth of tech boom stocks coming to market which paid for his degree. This would have made him an attractive proposition to the likes of an investment bank (which wouldn't be an easy place to get into, let alone rise to VP level).
The only off putting thing I find is this City lad, 'loadsamoney' rich trader image he is trying to portray via his Twitter feed, however this is very much a persona I think which is an extension of the Million dollar traders programme.
I have no interest in purchasing the course myself.
Been lurking a while and was drawn to this discussion searching for 'Anton Kreil.' I'm following him on Twitter and he's very active at the moment promoting his Institute of Trading and Portfolio Management. Good luck to him.
Nothing to really add to the discussion only to say, that he was a successful retail trader before joining GS etc. He started by flipping IPO's at 16 and paid for his way through University where he managed to cash in on the growth of tech boom stocks coming to market which paid for his degree. This would have made him an attractive proposition to the likes of an investment bank (which wouldn't be an easy place to get into, let alone rise to VP level).
The only off putting thing I find is this City lad, 'loadsamoney' rich trader image he is trying to portray via his Twitter feed, however this is very much a persona I think which is an extension of the Million dollar traders programme.
I have no interest in purchasing the course myself.
Ive got his course, basically its a recording of a free lecture he gave at city university . Bundled it up in a nice package and decent marketing and call it a trading course
Its all fundamental analysis, that too not going into detail just basic stuff like what is GDP, what is ISM number and what to look for etc , Doesn't go into depth on how to make those decisions or any such thing, Stuff you can get form economics 101 if you took it
Its all fundamental analysis, that too not going into detail just basic stuff like what is GDP, what is ISM number and what to look for etc , Doesn't go into depth on how to make those decisions or any such thing, Stuff you can get form economics 101 if you took it
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SuddenDeath
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My posting of this video may have caused the site to be attacked.
it exposes spread betting industry
it exposes spread betting industry
SuddenDeath
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timsk
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Hi SD,
Whilst I wouldn't disagree with a fair amount of what Anton says in his videos (those that I've seen anyway) or writes in the leaflets that you've linked to, the irony is that it all appears to me to be just another sales pitch to flog his own brand of training! In spite of his high profile as an ex Goldman Sachs trader and trainer on the Million Dollar Traders program a few years ago, the number of people singing his praises - or those of the Institute of Trading & Portfolio Management - strikes me as being surprisingly low. Or have I missed something?
Tim.
SuddenDeath
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Hi SD,
Whilst I wouldn't disagree with a fair amount of what Anton says in his videos (those that I've seen anyway) or writes in the leaflets that you've linked to, the irony is that it all appears to me to be just another sales pitch to flog his own brand of training! In spite of his high profile as an ex Goldman Sachs trader and trainer on the Million Dollar Traders program a few years ago, the number of people singing his praises - or those of the Institute of Trading & Portfolio Management - strikes me as being surprisingly low. Or have I missed something?
Tim.
Hi Tim
His leaflets speak for themselves, his two series of videos, retail vs professional traders 101 and 102 make it very clear that the probabilities of winning over the long term at spread betting are pretty minuscule, roughly the same odds as winning in a casino or betting shop. What he is pointing out is that the industry uses vast array of propaganda to fool people into participating in an activity where 90% will lose. CFTC in US makes brokers publish the percentage of winning accounts versus losing accounts the results are pretty abysmal and the results for UK spreading will be much worse.
Imagine if casinos paid authors to write books on how to get rich betting at casinos? or betting shops ran courses or wrote books on how to make a living betting on horses, and further books on analysing horses,
Anton Kreil creates professional traders, his courses are cheap, he teaches you to trade the way a professional at a hedge fund/pension fund would trade.
SD
timsk
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Hi SD,
Have you attended his course and, if so, what are your thoughts about it and would you recommend it?
Tim.
SuddenDeath
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Yes, I would recommend Anton Kreils courses whole heartedly, the chap is brilliant.
I have only ever attended one trading course in my whole life and it was a free 2 hour seminar presented by Anton Kreil in Charing Cross London.
If your watched the BBC series about traders involving Anton and Lex, they teach the trading methodology of long short portfolio.
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Pat Riley
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While I'm all for a guy who tells it like it is (this is on your description of the chap only as I've not availed meself of any of the links yet) I somehow doubt Mr. Kreil or any other well meaning individual with appropriate experience in this specific area could tech anyone to trade like a hedgie. They could show them how a hedgie trades, but without the significant advantages, finances, mindset, network and specific intent a hedgie has, they're not really going to be in the same ballpark.
Without intending any disrespect to any traders doing whatever they're doing or hoping to do, very few are going to be taking a view for example on the Korean market as a whole and will take the time to travel out there, more than a few times to check the pulse on the ground, or have the contacts or be able to develop the contacts necessary to develop a conviction in a manner sufficient to express their trading idea in a timeframe appropriate to the asset class (in this case, the entire market) in question. Don't take this as me being snotty, nothing could be further from the reality, but I don't see how anyone could take a £1 a punt fx retail boyo and teach them to take a multi-year market-wide view expressed through a combination of long dated sovvies and dry bulk rate forwards.
tar
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+1
SpreadDoctor
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I very much doubt Anton is a profitable trader otherwise why would he perpetuate this nonsense....
A Dashing Blade
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Got in in my mind that the average life of a hedge fund is only 3.5 years before they blow up . . .
Pension fund managers aren't "traders" in any sense of the word.
Richard-ftse
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For the record I went to one of Antons Seminars which covered the video series before it was released.
It was an a approach lecture. Not the holy grail, this is the answer you been looking for, penny drops scenario
Indeed most if not all of the material is avaialble online for free if you research well enough.
Maybe not direct from Anton but it's there to be found I guess his is already packaged up for you in a frame work and step by step basis which is a positive and time saving.
The bit I really dislike is the incessent ramblings that day traders don't make money, which is BS obvioulsy again, marketing and instilling fear will in most cases get you into purchasing his course.
This course will give you a foundation, then you will indeed feel the need for the mentoring that is on offer for further cost and even then you are never guarenteed success but you will already be aware of that.
It was an a approach lecture. Not the holy grail, this is the answer you been looking for, penny drops scenario
Indeed most if not all of the material is avaialble online for free if you research well enough.
Maybe not direct from Anton but it's there to be found I guess his is already packaged up for you in a frame work and step by step basis which is a positive and time saving.
The bit I really dislike is the incessent ramblings that day traders don't make money, which is BS obvioulsy again, marketing and instilling fear will in most cases get you into purchasing his course.
This course will give you a foundation, then you will indeed feel the need for the mentoring that is on offer for further cost and even then you are never guarenteed success but you will already be aware of that.
Jack o'Clubs
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They do employ traders to execute the managers' trades, which given the potential order size is an art in itself, but I agree that it's comments like these which suggest punters on these courses (and maybe those running the courses) have very little idea of what institutional investing / trading involves, and so, in a sense, what they're up against.
babyjake1961
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A Dashing Blade
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Again, can't see how you can define those guys as a "trader"?
They are "execution-only dealers" in my book.
