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Welcome to another epic and transformative youtube seminar by Anton Kreil discussing "How to achieve god like trader status". In this seminar Anton discusses how ITPM is transforming the financial minds of retail traders globally to become proficient in trading with their own brokerage accounts. Within this seminar he breaks down three transformative trades that have occured within the Mentored Students (Society) Discord channel over the past year . Anton goes into detail about Pain trades, Tail risk trades and Hedges and how these these trades tied in with the ITPM bread and butter long short portfolio is one of the best ways that Retail traders can achieve God Like Trader Status.
I will be breaking down the best parts of this Youtube Seminar over 3 Parts, highlighting the key elements that retail students should be taking away from the video, and giving my opinion on the key items that Anton discusses .
Part 1 -
Introduction - key quote from Edward Shek
Anton Kreil: How to Achieve God Like Trader Status
Tail Risk Trades
Pain Trades
Discord Servers For ITPM Students
TLT Example - Hedge
Please note that I am also a Graduate Student, Mentee and Affiliate of ITPM and also have access to the Society Discord that is being discussed within this youtube video.
This review is solely intended to share my personal opinion and experiences regarding the ITPM seminar and my education with ITPM. It does not constitute financial advice, and readers should not interpret it as such. Copying or replicating any information provided in this article or discussed in the associated YouTube seminar is strongly discouraged. Copy trading, in particular, is not recommended, as it may lead to financial losses for individuals who lack a thorough understanding of the market. It is crucial to note that the interpretations of the course material presented in this review are subjective and should not be considered as financial advice. Readers are advised to conduct their own research and seek professional financial guidance before making any investment decisions.
Ed Shek Introduction - Key Takeaway
“Wherever you are on your journey, you are very much part of the ITPM community, which is without a doubt the best community for retail traders to empower themselves”.
Without a doubt this is definetly a great way to introduce ITPM. The trading educator is by far superior to anything else that is available for retail traders.
Anton Kreil: "How to Achieve God Like Trader Status"
Anton discusses briefly within his introduction how other retail traders have achieved Godlike Trader status by implementing the teachings from ITPM. He details that ITPM sets the pathway and direction for retail traders, giving them the tools and best education available. However he stresses that ultimately all this is up to the student to do the work. Students that are lazy, take too long to complete the courses, copy trade will not be able to achieve success as a trader. Instiling that students have to do the work!
He proceeds to elaborate on the three trade examples he will showcase during the seminar, emphasizing the importance of mastering them for retail traders aspiring to excel in the field. He underscores that these trader types should consistently be part of a trader's portfolio
After detailing the examples, Anton discusses the fundamentals of a Long Short Portfolio, which is apart of the fundamental teachings of ITPM courses.
He says:
“So, we have what we call bread-and-butter trades where we have long-short portfolios and we choose to leverage the volatility of those long-short portfolios utilizing equity options.
So imagine yourself where you've got 10 positions, and you're long five stocks and short five stocks. Just think of a model portfolio like this, and it's $100,000 gross exposure.
So, you have $10,000 in each. Imagine what that portfolio looks like—stock 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, five longs, five shorts—all equal size cash size. Now imagine what that looks like if you replace all of those long and short positions with call options and put options with a time limit.
Hopefully, you know the basics of what an option is. We're not going to go into that today. Hopefully, you should know. But a long call option gives you the right to own the stock at a certain price, but you're buying the contract, and the contract has value. So, you put your $10,000 or even less into that contract. A put option gives you the right to sell at a certain price in the future. Instead of shorting $10,000, you put $10,000 or less into the contract. What that does is it leverages the volatility. Some of those positions, we replace with positions like this.
Here, Anton is discussing to students what a typical long short portfolio should look like within a 100,000 account. He explains quickly that this can be leveraged with option structures to achieve asymmetric pay-outs within an allocated time horizon with catalysts on selected trade ideas.
Anton then explains :
“What that does is it leverages the volatility. Some of those positions, we replace with positions like this. We have our bread-and-butter positions, and we replace some trades in the portfolio positions with these types of trades. At any one moment in time, you might have a net bias, what's called a net bias in your portfolio. You can be net long or net short. If you're particularly bearish on the market, you might have slightly more put options in your portfolio than calls. You might have six shorts and four longs. But if you get overly bearish and the market starts rallying, how do you make sure you don't lose money and, in fact, make money if the market goes up? You have a hedge. You can have a hedge in your portfolio. We're going to look at a TLT trade that we did...”
Within these statements Anton is setting a framework for the students/viewers to understand that the trade ideas that are getting presented within the Seminar to not make up the majority of a standard portfolio. These trades examples that are going to be discussed are fundamental to the success of a profitable retail trader, which should be considered at any time in the market and be positioned relative to the traders portfolio and risk tolerance.
Tail Risk Trades
A tail risk trade, Anton says:
“you also have what's called tail risk trades in your portfolio where you put a small amount of money into something that you think is going to move really big up or down. So it can be a stock that potentially could be down from $100 to $10 in a Bear Market .They now have a new management, a new operating plan, they're implementing the plan and this quarter it's going to hit the numbers positively and the Stock's going to go up… a lot!!
“okay so or it could be bearish it could be a stock that's gone from $100 down to $10 and they're actually going to go bankrupt so you buy a shitload of Put options and it collapses to zero right that's a tail risk trade the point is it's a very it should be a very very low priced way of playing a huge move.
Anton is talking about a strategy not covered in ITPM courses but used often in the Society discord. These special trades, as Anton explained, are added to a portfolio for big risk-reward benefits.
Pain Trades
Here is the next concept discussed by Anton:
“okay next one pain trade, this is when there's a huge amount of positioning in something that becomes consensus but then the fundamentals change and it moves massive the opposite way and everyone who's got the consensus position on feels maximum pain!
The pain trade we're going to look at is Carvana (Ticker CVNA). Okay so these are the types of Trades that you need in that portfolio over a long period of time. You obviously rotate them okay you don't have the same ones in there forever right, you rotate them.
“These are the types (Pain & Tail Risk) of Trades you need to have in your portfolio in addition to your bread and butter positioning which is 20 to 60 day time Horizon and we're looking for 15, 25, 50% moves something like this over 20 to 60 day time Horizons. But we're leveraging that volatility with options okay so you want these in addition to your bread and butter positioning.
Anton discusses the concept of a "pain trade," where a widely held consensus position experiences a significant move in the opposite direction due to a change in fundamentals. In this example, students need to understand the quantitative and qualitative measures of a stock price. The markets positioning in terms of its short exposure and days to cover a all great ways of piecing a trade like CVNA together.
Discord Servers for ITPM Students
Before getting into the detail of each of the trade concepts. Anton explains that there are a couple of discord forums that are now open to ITPM Students:
“We're going to have a lot of these screenshots from our Discord server which is called Society. At itpm we have two Discord servers we have ‘Society’ and ‘Study Hall’.
Study hall is the entry level, Society is the premium one.
If you do a mentoring program at ITPM you're in the Society one, if you only do online programs you're in the study hall.
Okay, so Society is the premium one where we have the smartest guys and by the way today we've got a lot of alumni here who've done online programs and mentoring programs and guys who are in that Discord and we got a lot of guys who have made significant money in the last year so you'll be able to speak to them later."
The discord channels have been a great addition to the ITPM framework for students. These forums allow the concepts that are taught within ITPM to be discussed between students as well as the mentors.
They a extremely beneficial to the education for retail traders are they offer:
Real-Time Interaction: Discord allows for real-time communication, fostering dynamic discussions and quick exchange of information. This immediacy is valuable for traders who want to stay updated on market conditions and trading strategies.
Community Engagement: Discord provides a platform for building and engaging with ITPM Students. Retail traders can connect with like-minded individuals, share experiences, and learn from each other, creating a sense of camaraderie.
Diverse Perspectives: Discord forums attract traders with various levels of expertise and perspectives. This diversity can enrich discussions, exposing traders to different strategies, market analyses, and trading styles.
Resource Sharing: Members in Discord forums often share educational resources, such as articles, videos,.. This collaborative approach helps retail traders access a wide range of learning materials and stay informed about market trends.
Q&A and Support: Discord allows for direct Q&A sessions and provides a platform for seeking support and advice. Retail traders can get quick responses to their queries, making it easier for them to navigate challenges and improve their trading skills.
Specialized Channels: The Discord forums have specialized channels dedicated to specific topics. This organization allows traders to focus on areas of interest and expertise.
Networking Opportunities: Discord forums provide networking opportunities for retail traders to connect with experienced professionals, mentors, and ITPM Alumni.
TLT Example
In this first example Anton, discusses the process of putting on a hedge and the reasons why. There is alot of good information here so I think its best for you to watch over the video.. I have timestamped the sections here that you should watch.
PART 1 - Anton details why a hedge might be considered for for traders within the Society Discord of ITPM.
PART 2 - ITPM - Example Bear Market Hedge TLT - Trade Structure - Part 2
PART 3 - ITPM - Example Bear Market Hedge TLT - Trade Structure - Scenario 1 Outcome
PART 4 - ITPM - Example Bear Market Hedge TLT - Trade Structure - Scenario 2 Outcome -
PART 5 - ITPM - Example Bear Market Hedge TLT - Trade Structure - Scenario 3 Outcome
Key Points from the presentation are that the trade is a tactical hedge at a time when the market was overly bearish. The Trade structure was around the concept that the market rallies hard and that this would protect the portfolio if that scenario would occur.
Anton Sums it up nicely:
“Remember that it's a hedge because you came into this owning a lot of put options that you're worried about if the market goes up and all those stocks go up and all of your puts expire out the money , if that (TLT) doesn't go up what does! If the TLT doesn't go up at that time it means that the market probably didn't rally, so it means your (original) put options are probably in the money. If your trade ideas are good right, if they're obviously shit you're still going to have to write offs.
So if you lose the money on your hedge… that's good you should be happy to lose the money on your hedge that's the whole point of it right if you make money on your hedge it probably means you're losing money somewhere else right so it's that's what it's designed for it's designed to pay for your losses
It is always appropriate for a retail trader to understand how their portfolio is positioned and the potential outcomes from market rallies or sell offs. A hedge is one possible solution that could be explored to help diversify risk or even profit from certain scenarios especially if the right trade structure can be set up. Like that of the TLT trade example presented by Anton.
Conclusion
Anton Kreil's YouTube seminar focuses on achieving a "God-like" trader status through the teachings of the Institute of Trading and Portfolio Management (ITPM). In Part 1, we explored the transformative trade concepts that Anton believes will give retail traders this edge and went through the 1st example of a hedge that ITPM students within Society Discord channel used this year. The other key trades being Pain trades and Tail Risk trades along with common retail mistakes will be explored in the next 2 parts.
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Discounted ITPM Courses
Embark on a journey to financial mastery with the Institute of Trading and Portfolio Management (ITPM). Join the exclusive Society Discord channel led by Anton Kreil, where transformative trades and advanced strategies are unveiled. ITPM offers unparalleled education, mentorship, and real-world insights, empowering you to become a successful, God-like trader.
Enroll now to unlock the secrets of consistent profitability and join a community dedicated to mastering the art of trading. For exclusive discounts on each course, head to www.theinstitutetrader.com and seize a limited-time offer of 50% off. Your path to a professional trading education starts with ITPM—where knowledge meets opportunity!
Reminder: This review is solely intended to share my personal opinion and experiences regarding the ITPM seminar and my education with ITPM. It does not constitute financial advice, and readers should not interpret it as such. Copying or replicating any information provided in this article or discussed in the associated YouTube seminar is strongly discouraged. Copy trading, in particular, is not recommended, as it may lead to financial losses for individuals who lack a thorough understanding of the market. It is crucial to note that the interpretations of the course material presented in this review are subjective and should not be considered as financial advice. Readers are advised to conduct their own research and seek professional financial guidance before making any investment decisions.