Anton Kreil – Is It Even Possible for Retail Traders to Make Money Trading?

I will use ask yourself a very very important question is it even possible for retail traders to make money you've got to access the platform's so let's have a show of hands who believes retail traders can't make money one okay who believes retail traders can make money okay you're right but like right at the beginning when we said the most important thing is to look at how the industry works what did I say at the beginning look at how the people who do well in the industry work and if you're a retail trader you can make money if you find those people and emulate them it's pretty straightforward it's like walking into any industry find the players who win and do what they do form 10-k it's an annual report in the States for a public company it gives you all the forensics of the company who should we look up in the trading industry who's extremely successful to see what their odds are of making money yes why don't we look at Goldman Sachs that's where all the most successful traders in the world seem to come from so let's find out how they make their money go online type in Goldman Sachs 10k and type in the year you'll find it in the first two links it's out every year it's an annual report between pages 95 and 105 you will always find this chart and it tells you the amount of money that Goldman Sachs makes or loses per day how many days they make and loose so what have we got here intervals of 25 million dollars okay on the right hand side our days where they make money the left hand side days when they lose money and how much they make and how much they lose so in the year 2015 Goldman Sachs made money on 212 days in the trading year and lost 38 days and this is trading operations pure training nothing to do with M&A commissions or anything like this so pretty skewed to the right hand side and you can see that on a typical day when they make money they make between 25 to 50 million dollars so there's also a tale out there as well look at the tail on the right hand side where there's up to a hundred million dollars with 34 days out of the trading year they're making a hundred million dollars amazing right why do you think they're making a hundred million dollars because they call the markets correct the big situations where markets move they get it right and then when the markets don't move they trade in different ways and they just make money every day till they go home with flat positions every day no they're running multi-billion dollar portfolios they just let the portfolio work and they let the money come in and they don't stand in the way of it huge overnight risk you can speak to Chris Kaffee about it later at the pub we used to run crazy numbers a couple of billion dollars on the pan-european trading desk we'd have between 200 and 400 million of that risk and we'd run portfolios and that was even back in the early 2000s we weren't day trading just big portfolios that make money so 2015 was that a fluke was that a one-off you can actually go back all the way to 99 but let's go back a few years see what happens 2014 thank you very much what about 2013 well about 2012 that was a decent year what about 2011 you can go all the way back to the late 90s since they became a public company and started putting out these numbers publicly it's the same every single year why what percentage of retail traders lose money what are they doing everything on the right-hand side of the chart we looked at earlier what percentage of days to goldman sachs make money 90 what are they doing everything on the left-hand side of the chart that we looked at earlier it's not that difficult to work out if you know what you're looking for so shouldn't we be doing exactly what these guys do in our own trading accounts and become the most annoying clients of retail brokers in the world guys who make money everything that you've got to do in your retail trading account needs to be the same way that these guys do it on the left hand side so you have access to the platforms it's necessary to use them but you do everything in the opposite way to the way they want you to do things and you learn how to do it properly and there's no shortcuts you've just got to do it so right back to the beginning be warned our campaign continuously for the last five years is to first educate you on how the industry works so you don't make the stupid mistakes that everyone else makes that's what you got today the next stage is to educate you on how to actually make money so how you actually emulate professional traders who are real professional traders who have got the experience been there done it and have made a lot of money unconvinced to continue to make money you've just got to go straight to the source so you've got to be woke and I hope this is woken you up because the reality is is if you don't go down this you will go down the other path and you will blow up and we don't mind we'll be around next year the year after year later you'll just come back but it'll cost you a lot of money to learn the lesson if you haven't learnt it already I guarantee there's people in this room that have learned it already most retail traders in the u.s. lose twenty thirty thousand dollars before they decide trading is not for them but they never get woke they never find out the real reason and the real reason is the stuff you've seen today you've got to go straight to the source so just don't waste years of your life it's no skin off our nose if you do we'll still be here so here's our general website we've got a new website eye TPM comm you can sign up for free seminars around the world forward slash seminars if you want to go straight to the online education go to IET p.m. com forward slash education we've got two programs all the informations there online we've got mentoring programs direct with our training mentors and all the guys are hired on very strict requirements they have to have been professional traders for years and made significant money and they have to prove it trading accounts IB agreements ITP M comm trading accounts and if you got any further questions go to the FAQ section check all those questions if you have any further further questions after you've seen the FA cues of the answers send us a message through the website through contact form and we have two acronyms at the Institute which I'll leave you with GTFO h and d fi you get the out of here and don't it up I'll see you at the pub [Applause]

Channel: InstituteofTrading

Views: 536,326

Keywords: Anton Kreil, Raj Malhotra, Jason McDonald, Chris Cathey, ITPM, Institute of Trading, Goldman Sachs, Trading, Retail Trading, FOREX, Instutrade, Institute of Trading and Portfolio Management, Ben Berggreen, Stock Market, David Perlin, Ross Williams, Anthony Iser, Million Dollar Traders, Hedge Funds, Investment Banks, Training, Coaching, Mentoring, Business, NYSE, NASDAQ, Day Trading, Swing Trading, Hichem Djouhri, Stocks, Commodities, Interview, Wall Street, Finance, Millionaire, Billionaire

Id: HDhbRrMHLbI

Length: 9min 20sec (560 seconds)

Published: Fri Feb 23 2018