Join the ITPM Trader Mentoring Week March 24th till March 28th 2025 Live Webinars every weekday from 8am till 9.30am and enjoy huge discounts on ITPM Online Programs BOOK YOUR TICKET CLICK HERE;- www.eventbrite.com/e/itpm-online-mentoring-week-every-weekday-march-24th-28th-8am-930am-est-tickets-984878446947
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!
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
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.
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.
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!!
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.
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.
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.
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!
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
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.
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.
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.
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.
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.
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
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 :)
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 RUclips with a Geordie accent haha!
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?!
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!
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!
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!
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.
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.
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
When Chris is talking about teaching the students how to generate ideas, which indicators is he referring to when he says "look at the leading indicators" ?
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.
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.
Join the ITPM Trader Mentoring Week March 24th till March 28th 2025
Live Webinars every weekday from 8am till 9.30am and enjoy huge discounts on ITPM Online Programs
BOOK YOUR TICKET CLICK HERE;-
www.eventbrite.com/e/itpm-online-mentoring-week-every-weekday-march-24th-28th-8am-930am-est-tickets-984878446947
It's crazy seeing Anton talk with the guy that mentored him
Why, dont You talk to Your teachers?
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.*
@@MWadeCapital To Kareem Mance: You have "2020" vision. Well written.
@@max0x7ba lmfao
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.
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.
Kreil a hero for educating the working class guy victimized by the sharks I enjoy all his stuff from the start .
The information in this interview is golden. I'll be saving and re-watching this for years to come. 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
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!
I really enjoyed this video. My best takeaway," be patient and let the trade come to you" (paraphrasing). Thanks Anton and Chris.
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
🙌🙌🙌
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.
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’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!!
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.
Love this. Humility and willingness to share info make these two people greater than just being any old self-focused traders.
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
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.
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.
Thanks Anton and Chris! You help us get there. I appreciate your incentive and kind passing of a skill torch!
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!
Love this no nonsense approach, we need more honesty in all sectors of society.
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?
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!
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.
6:38 - This is the moment I knew I needed to hear out Chris Cathey. This guy knows how to make good decisions. 👌
This is the best interview I have ever seen on day trading ❤❤❤thanks a lot bothers of you ❤❤❤
Wow. These guys are good. Great interview/conversation. Lots of wisdom here.
great to see a great part of history for both legends dear Anton and Dr. Chris, thank you for this interview; love 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.
2 solid guys, great attitude, grounded, my heros and inspiration
36 min of absolute value. Thank you gentlemen!
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.
Superb Interview.. specially the part where EMOTIONAL DETACHMENT is being discussed for few minutes.. gave much clarity
Woahh..thats a lot of experience, information and knowledge all at once !!! Thank you guys🤝💸
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.
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 RUclips 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!!!
These masters are giving excellent advise. It is real.
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.
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
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 :)
„taken risk in bull markets, bear markets… and made Mill…Money“. Love the „i dont want to brag“ attitude.
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 RUclips with a Geordie accent haha!
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
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?!
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!
Loved this video, especially the part about emotions starting at 16:00. Good stuff!
these interviews are very good i hope you do some more since its been 4 years now since you interviewed all the mentors cheers
Top interview, best one yet
another great interview Anton, loved to watch it. thanks to both guys, keep up the good work!
If living the reality was a human being, these guys are one of the best embodiments.
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!
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!
Rewatching this in 2024
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.
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
Thank you so much ITPM and the trading gurus for this priceless video. So inspiring and informative.
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.
So many gems in this interview
Understood Chris’s thought process, rich content.
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...
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
This is good content. Good old-school traders.
Pure gold. Thank you boys!
i am just a beginner and i really like this guy hes staright out thank you for your video
Watching this out from India 🇮🇳 Amazing advice given .
Learned so much. Thank you
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.
Thanks, guys.
Excellent video with professional traders.
A lot of value in this video.
Lots of nuggets of wisdom in this conversation.
I'm starting with trading and those guys has a lot of knowledge
The most important sentence of Chris Cathey was, that Anton is giving us the tools to stay alive and be profitable.
Another great video Anton! I enjoyed the discussion on the emotional detatchment.
interview is just phenomenal. Thanks guys.
Great legends...every word is diamond of this interview
Great Video Anton thank you I literrally have the education series playing in the background everyday whilst trading. Top qulaity information
This channel is a true gem
.. so interesting and informative interview. Thanks a lot for this.
so fantastic... would love to be mentored. Been trading for a few years now and love it.
thank you for the knowledge. never knew that the big guys prefer shorting instead of long.
11:00 when you say you to generate ideas do you mean strategies aka patterns and fundamentals or stocks you pick to trade
yes
Seeing people who basically run the world talking about being in panic and have uncomfortable decisions is a real eye opener.
Thank you for this. It means the world to me.
Absolutely, I am mostly in poositions too early... Timing ís so important
Brilliant Interview tyvm
Love the music they use. does anybody know any artist or is it in house?
Great interview, l will watch this many time, very important lessons to learn from trading gurus. Thank you
Keep up with these interviews! They are fantastic! Very useful indeed.
The amount ok knowledge and wisdom in this video some "coaches" don't and couldn't even sell for the price of a mansion..
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
When Chris is talking about teaching the students how to generate ideas, which indicators is he referring to when he says "look at the leading indicators" ?
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.
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.
We ve been short 400 milion usd thru the lunch time :D
great interview, absolute pleasure watching the yt vids the institute are putting out.
Anton and Chris, Great video! Will be sharing this as always.
Psychology in trading is the most important thing… would love to connect