Summary and Conclusions

We hope you found this website about Anton Kreil, his career and the attributes required to become a long term, consistently profitable financial markets trader as useful as we have. Just by doing this body of work we have found it to be an incredibly worthwhile exercise in cementing the traits we need to pursue on a constant basis.      

 

Key attributes required to be a successful trader portrayed by Anton Kreil:

 

Anton Kreil’s Early Life

  • A parental vacuum leading to independence

  • Refusing to be a victim

  • Understanding an exchange of value

  • Value seeking

  • High IQ

  • Conscientiousness

  • Determination

  • Ability to absorb facts and make decisions based on those facts

  • Faith in one’s own abilities

  • Willingness to take calculated risks that others for whatever reason fail to take

 

Career as a Pro Trader

  • Ability to think outside the box

  • Identify consensus

  • Spot the opportunity

  • Stick to the facts

  • Stay objective

  • Don’t be emotional

  • Willingness to be both right and wrong

  • Willingness to take the necessary risks

  • Street smarts (common sense)

  • Ability to predict the future (probabilistic not certain)

  • Timing

  • Faith in one’s own abilities

  • Courage

  • Conviction

  • Commitment to the bottom line

  • P/L is your truth and everything outside of that is noise

  • As a trader being liked is irrelevant as long as you make money (politics)

  • Be part of a meritocracy not a corporate theocracy

  • Take regular introspection of your abilities and emotions and how they are affecting your decision making processes and make changes if necessary, quickly and objectively

 

Anton Travels the World 

  • Do not value possessions over your happiness and goals

  • Keep your life uncluttered and simple

  • Be adaptable to any environment

  • Be willing to adapt

  • Be willing to pursue new experiences

  • Be willing to engage with anyone

  • Have an energy and a zest for life

 

 

Million Dollar Traders TV Show 

  • Think outside the box

  • Always be 1 or 2 steps ahead of the market

  • Take no prisoners

  • Be brutal if you have to be

  • Cut if you have to and you have the opportunity to

  • Save your emotions for outside the office

  • Acquire the ability to hit the kill switch

  • Inside the office we are traders and outside the office we can be whoever we want to be

  • Not everyone can learn how to trade successfully - some people are beyond help#

  • BUT normal everyday people can learn how to trade financial markets successfully if they learn the right information and apply themselves

 

Institute of Trading and Portfolio Management 

  • Timing

  • Engaging with people and their problems

  • Commitment to helping people

  • Willingness to try new things

  • Recognizing a problem and utilizing his skills to help fix it

 

Personal Life 

Don’t be motivated by the money. Your goals and objectives must be motivated by other reasons - happiness and fulfilment. Be settled, get married, be close to family.