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Anton Kreil Annihilates Retail Brokers and "Trading Educators"
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Anton Kreil Annihilates Retail Brokers and "Trading Educators"

  #11 (permalink)
Market Wizard
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NJAMC View Post
Great video for retail traders to give some understanding of what you are up against.

https://youtu.be/1p2qIs-0nGc

Video has been removed!

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  #12 (permalink)
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I posted the video for a discussion. I don't feel qualified to answer if what Anton has stated is 100% accurate, but truth lies somewhere between what retail brokers want you to believe and what is stated by the video. The video does feel close to accurate...

Although I cannot confirm all his facts and figures, but it is likely that retail trading firms are in a bit of a conflict of interest (whether by intent or happenstance). I am sure they would like more commissions as well as likely to hedge and not hedge certain transactions, they will certainly know the traders profit factor and their algos use your trading performance to gauge there response to your trade execution.

I would pose that even if the video isn't 100% fact, there is a story here that could be true. It seems to serve more of as a warning than a sales pitch. It doesn't mean you can't make money as a retail trader, but make sure you understand if there is a "hidden agenda" in the person(s) giving you advice and/or taking your money.

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  #13 (permalink)
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SMCJB View Post
Video has been removed!

Darn! Wonder why...

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  #14 (permalink)
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NJAMC View Post
Darn! Wonder why...

My guesses would be
  1. They didnt have permission to post it in the first place or
  2. Somebody threatened legal action over something he said
Shame I was just going to watch it.

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  #15 (permalink)
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SMCJB View Post
My guesses would be
  1. They didnt have permission to post it in the first place or
  2. Somebody threatened legal action over something he said
Shame I was just going to watch it.

I am willing to bet it was #2 as it was recorded by the institute with a statement it would be posted. It was posted under the institutes YouTube channel....


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  #16 (permalink)
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The jist was - trade like an institution. Multiple markets (follow the volatility), longer times frames, using 80% fundamental, 20% technical.
The infrastructure is set-up to make retail the bitch, by selling 'inverted narrative'. Investment banks, via brokers, via educators via retail make their money, by setting you up to trade like a loser via day trading methods that don't work with multiple daily round turns.


edit: 27,000+ people watched it in the few days it had been up. So that was popular.

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  #17 (permalink)
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SMCJB View Post
My guesses would be
  1. They didnt have permission to post it in the first place or
  2. Somebody threatened legal action over something he said
Shame I was just going to watch it.

I'd say on point 2, as they (InstituteofTrading) uploaded it themselves so they had permission.

Could be they wanted to break it into sections and will re-post or a retail broker hand (that felt bit by the dog) objected?

He did promote a new alleged "no conflict of interest" brokerage model and so said all other brokers are dodgy. That caught my attention as a commercially cheeky when I watched it.

Missing, presumed fed. With several first class meals on a long flight.

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Edit: too slow @NJAMC got in there first

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  #18 (permalink)
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His angle was as an educator - but implying he was different from the rest, as he was not taking an introducing broker fee - and thus claims he has no conflict of interest to misled. He would have a higher % of profitable traders, which the brokers could effectively use as coupon income due to reliability, in addition they will save on marketing budget (30-50% of rev he estimated) to replace blown accounts (lost income streams). In exchange for providing new clients, spreads/commissions to brokers he only wanted to see the live data / net trade data of all his clients. i.e presumably so he could use this data to formulate his own trades.
His pitch as an educator is that he and all his mentors are ex-professional traders. You'll therefore be a winning trader by paying for his courses, but you'll get this refunded over a period of years - and thus in reality it will actually be free. I forget exactly how it was refunded, I think via some commission/spread kickback via the broker.

From his site:
"You will be eligible to become an Institute Trader once you have completed your Institute education. First you must complete the Professional Trading Masterclass Video Series and pass your exam. Once you have done this you can apply for your account to become an Institute Trader"

Same, same, but different - comes to mind.

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  #19 (permalink)
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NJAMC View Post
I posted the video for a discussion. I don't feel qualified to answer if what Anton has stated is 100% accurate, but truth lies somewhere between what retail brokers want you to believe and what is stated by the video. The video does feel close to accurate...

Although I cannot confirm all his facts and figures, but it is likely that retail trading firms are in a bit of a conflict of interest (whether by intent or happenstance). I am sure they would like more commissions as well as likely to hedge and not hedge certain transactions, they will certainly know the traders profit factor and their algos use your trading performance to gauge there response to your trade execution.

I would pose that even if the video isn't 100% fact, there is a story here that could be true. It seems to serve more of as a warning than a sales pitch. It doesn't mean you can't make money as a retail trader, but make sure you understand if there is a "hidden agenda" in the person(s) giving you advice and/or taking your money.

It was removed while I was watching it, only got 3/4 of the way through...irritating.

What he says is not surprising as everyone has heard the statistic that 90% of dumb money (retail traders) lose all their money. Anton simply explains how the system works which shouldn't really come as a shock to anyone. In his words, everyone that is outside of the big money blanket (banks, hedge funds, pension funds) and downstream of all that liquidity is someones else bitch. But so what...it doesn't mean that you as a retail trader cannot make money off the system which they have created. Who cares that they take the opposite side of your trade?? You are going to win/lose anyway!

The opportunity comes on a platter for us all, and the very system that Anton bashes (and which he got rich off) has provided all the necessary tools that you need in order to make as much as you want. It is up to the individual to figure out exactly how to do it. My shit detector tells me that Anton is a highly successful salesman and this whole crusade for the truth hes on is a monetising opportunity. Whats he doing it for otherwise? Take nothing away from him, its still interesting stuff, but my response to it is: "yeah, so?". He doesn't strike me as the kind of person that would do anything to help anyone else unless he was making money off it.

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  #20 (permalink)
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I watched the video and learned nothing.

I followed Anton since the Millionaire trader show. More so for a laugh than anything else. Kind of like how people watch the Kardashians.

He promotes this alpha "trader" mentally that doesn't really exist anymore. All the advice he gives is primitive stuff that anyone with any trading domain skill already has access to. It's all publicly available, he's not exposing anything. His marketing approach also appears to be modeled off the likes of Tim Sykes.

He has no verified track record or actual industry recognition. He worked for the likes of Goldman, Lehman, and JP Morgan as registered investment advisor. Big deal He left in his mid-20's( hardly much experience in the world of investment banking). Most advisors underperform the market anyway, in fact, most portfolio managers underperform the market. Why would you expect him to know anything special? The premise that Anton and his "Institute" are going to turn you into a successful trader is non-sense. The only successful traders from his teachings will be the"outliers". He's no different than any other trading guru, eg Tim Sykes.

Anton's best ability is in sales, not trading. He is a very good salesman, and I respect that.

"Free markets work because they allow people to be lucky, thanks to aggressive trial and error, not by giving rewards or incentives for skill. The strategy is, then, to tinker as much as possible and try to collect as many Black Swan opportunities as you can"
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