TRADING LEGENDS - Anton Kreil's Interview with Chris Cathey 

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It's crazy seeing Anton talk with the guy that mentored him

Lessons here .. 1.Emotional detachment 2.Idea generation 3.Risk Management

I don't even trade, but I love watching these guys videos.

"We want to be 1 or 2 steps ahead of the market and not 3 or 4" I needed to hear this in the current Fed Driven market

I respect the fact that they aren't trying sell false hope and dreams and keeping in reality.

Anton is clearly not arrogant and appreciates the help and training/mentorship he has received over the years - is great to see :)

Both of them have similar eyes. It is extremely focused and indifferent at the same time.

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

Kreil a hero for educating the working class guy victimized by the sharks I enjoy all his stuff from the start .

Felt sad that I found the videos after 5 yrs. But glad they're still up here. Great lessons to implement.

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.

The information in this interview is golden. I'll be saving and re-watching this for years to come. Thanks.

I really enjoyed this video. My best takeaway," be patient and let the trade come to you" (paraphrasing). Thanks Anton and Chris.

We all know how stressful trading can be. Love how calm these guys are when discussing their thought 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’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!!

Just want to thank you guys for putting this out here for free, appreciate it.

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.

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.

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.

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.

Love this. Humility and willingness to share info make these two people greater than just being any old self-focused traders.

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!

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!

These masters are giving excellent advise. It is real.

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.

Thanks Anton and Chris! You help us get there. I appreciate your incentive and kind passing of a skill torch!

2 solid guys, great attitude, grounded, my heros and inspiration

Rewatching this in 2024

My opinion this is one of the best of Anton's videos no nonsense. Real usable information. Thanks

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 :)

These two lads don't go hungry....

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

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!

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.

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.

Wow. These guys are good. Great interview/conversation. Lots of wisdom here.

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.

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.

36 min of absolute value. Thank you gentlemen!

great to see a great part of history for both legends dear Anton and Dr. Chris, thank you for this interview; love you

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!

I have gone through a lot living in a 3rd world country for 36 years, the financial market can't budge my emotions.

Woahh..thats a lot of experience, information and knowledge all at once !!! Thank you 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?!

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

These interviews are my drug

This is good content. Good old-school traders.

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!

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!

Wish I watched this beforehand. 2 weeks ago I lost $550 within 5 mins. Took a break and later that day saw many opportunities that could've put me 2 or 3 times in profit than the loss I took but I was too emotionally distracted and became scared to pull the trigger and when I did, I was either too late or too early. And with a big lot size so technically I was revenge trading. This is valuable advice right here

6:38 - This is the moment I knew I needed to hear out Chris Cathey. This guy knows how to make good decisions. 👌

If living the reality was a human being, these guys are one of the best embodiments.

This is the best interview I have ever seen on day trading ❤❤❤thanks a lot bothers of you ❤❤❤

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.

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

So many gems in this interview

Pure gold. Thank you boys!

Loved this video, especially the part about emotions starting at 16:00. Good stuff!

Seeing people who basically run the world talking about being in panic and have uncomfortable decisions is a real eye opener.

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

„taken risk in bull markets, bear markets… and made Mill…Money“. Love the „i dont want to brag“ attitude.

Watching this out from India 🇮🇳 Amazing advice given .

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 RU-vid with a Geordie accent haha!

another great interview Anton, loved to watch it. thanks to both guys, keep up the good work!

We ve been short 400 milion usd thru the lunch time :D

Understood Chris’s thought process, rich content.

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💯

Top interview, best one yet

This dudes look stressed as fuck but they’re so chill

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.

This conversation solved my 2 problems: 1. patience. I always do like the mentors say " you are enforced to do something in boredom period. you just hv to sit on yr hands and wait the opportunity presenting itself and then put yr position on . 2. Emotion Detachment. It's really a bad item for retail trader that he/she has a lonely life without conversation with workmates . people need conversation. It's good for emotion detachment. (So actually i hv been already very good in my learning bec i had a very strict emotional detaching even though still didn't work it perfect. IN a word, come on !

The trading industry is by far the industry with the most intelligent people, if not with the highest EQ people too.

these guys are incredibly inspiring.. my only concern is just how tired they look

Lots of nuggets of wisdom in this conversation.

Thank you so much ITPM and the trading gurus for this priceless video. So inspiring and informative.

There's a lot of uncaring wankers in the financial industry, but Anton and Dr Chris seem like two decent and genuine Northerners. I don't know anything about trading, but come back to Anton's videos from time to time purely just to soak in his general values and attitudes

16:37 Emotional detachment

X-ray of professional trading. Awesome!!!

Absolutely, I am mostly in poositions too early... Timing ís so important

The amount ok knowledge and wisdom in this video some "coaches" don't and couldn't even sell for the price of a mansion..

i am just a beginner and i really like this guy hes staright out thank you for your video

I'm starting with trading and those guys has a lot of knowledge

Great legends...every word is diamond of this interview

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.

Being able to dollar cost average but still stop yourself out of a position is an art

these interviews are very good i hope you do some more since its been 4 years now since you interviewed all the mentors cheers

19:22 Golden Nugget right there, tremendous opportunity out there, if you know where to look my fellow traders. Always, remember be greedy when others are fearful-load up on a position. Decrease your position on companies that are fundamentally unsound, look for undervalued companies and companies that have a unique niche with solid performance and growth quarter after quarter and year after year .

.. so interesting and informative interview. Thanks a lot for this.

Thanks, guys. Excellent video with professional traders. A lot of value in this video.

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

Thank you Anton. We are avid minds looking for wisdom and guidance in a very greedy world. Cheers from 🇨🇱.

interview is just phenomenal. Thanks guys.

one thing for sure dont make the boredom trading. u will just end up pouring money to the market trying to cut the losses. thank you so much.

Listen to this again after 6 months of trading Instead of two guy having a conversation, its two guy's putting money in your pocket Listen to this again after 12 months of trading Instead of two guy having a conversation, its two guy's giving you the keys to the castle

Another great video Anton! I enjoyed the discussion on the emotional detatchment.