Anton Kreil Explains What A Trader at an Investment Bank Does
stock trading September 8th. 2020, 3:33pmSEMINAR REGISTRATION – CLICK HERE – http://www.itpm.com/seminars/
TRADER MENTORING PROGRAMS – CLICK HERE – https://www.itpm.com/trader-mentoring/
ONLINE EDUCATION – CLICK HERE -http://www.itpm.com/education/
Clip from “INVESTMENT BANKS DESTROYED” Parts 1&2 – https://www.youtube.com/watch?v=vbuborn14Mc & https://www.youtube.com/watch?v=-UG11JzWzMY
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September 8th, 2020 at 3:35 pm
This is Beautifully put, and so on point. 🤑
September 8th, 2020 at 3:37 pm
I'm a fan of AK but in this speech he seems to revel in smashing the dreams of these people.
September 8th, 2020 at 3:37 pm
someone with ibank trading experience please explain to me how can you be a market maker x% of the time and be a pop trader x% of the time? there is conflict of interest here if I am that trader sitting on my desk and I see a massive buy order on let's say Tesla from let's say Blackrock, when I am trying to process the buy for blackrock (which might take 1 week), guess what I would do in my pop trading portfolio? To me execution trader and pop traders are and should be separated by a fire wall, based on logic. Again, I have not worked in an ibank trading desk, I worked in front office in the buyside but wasn't in trading so any answer from sellside traders would be good.
September 8th, 2020 at 3:56 pm
Good to hear some honest commentary
September 8th, 2020 at 4:21 pm
it sounds like a dying industry, slowly being replace by IT…
September 8th, 2020 at 4:49 pm
so these guys at investment banks who are pulling the strings of this shady brokerage business are market makers…I see. Broker was pulling my leg all the time, presenting himself as STP while actually the liquidity provider is MM at the very base. This is SO interesting. All this info will help me to avoid the tricks. Many thanks.
September 8th, 2020 at 5:43 pm
Brilliant seminars, what I get from this is that investment banking is no longer the huge money maker it once was and probably because there have been so many rogue trader cases which have badly damaged or destroyed I Banks in recent years. So the bvanks have taken away the cash risk from all but a tiny few very senior people…
September 8th, 2020 at 6:33 pm
Finally a detailed explanation of what traders actually do and not just some bs like they create markets.
September 8th, 2020 at 6:45 pm
This guy is ace
September 8th, 2020 at 7:30 pm
Many of you don't know what an investment bank is….. smh
1 of the biggest businesses of Investment banks are M&A.
Sales and trading has declined because of tech innovation. thus salaries lowered.
but on M&A side its slightly higher.
But everything else he says is right on and yes it does suck to go work 80 hrs a week but most bankers do it for only 2-5yrs and leave
September 8th, 2020 at 7:56 pm
The IB will take the 10M, charge the client 5k brokerage .Then they will use the 10M to short Apple then buy it back at 495 and keep another 100k and tell client he has his Apple at 500. The next day or week they will give the client a negative report on Apple convince him to sell it. They Sell at 497 and tell client the market moved fast and they got him out at at 492 and keep another 100k :D. They will keep doing variations of this until the client has no money. 😀
September 8th, 2020 at 8:43 pm
He does look like a muscle version of Draco Malfroy
September 8th, 2020 at 9:20 pm
Haha sounds like real fun
September 8th, 2020 at 9:47 pm
As a former Investment Banker i would like to share my experience and give advice for people breaking into career of finance: Get in, work as analyst for 2-3 years and start looking for new opportunities. Typically you would preferr to work in M&A department. Why? Because other departments are waste of time and energy. Be prepared to work at least 100 hours per week and taking shit from seniors. Say goodbye to your social life, workouts and healthy lifestyle. After couple of years start applying for Senior Analyst/ Associate postions at PE firms or Corp Dev.
September 8th, 2020 at 10:31 pm
Thank you so much! This is gold!
September 8th, 2020 at 11:13 pm
I'm graduating from chemical engineering university studies soon. Currently Im applying for a position as trader at several financial companies. I have experience in technical analysis, machine learning and programming. Anybody got tips for people switching to the financial sector?
September 9th, 2020 at 12:07 am
BIg job burn out by the time you are 30 then most die from heart attacks or stokes. Most are single as they work every hour possible so better ways to make money.
September 9th, 2020 at 12:27 am
is the reason for 80% decline in capital/profits(?) due to stricter regulations after the 2009 crush? or, due to online passive trading platforms like Blackrock etc?
September 9th, 2020 at 12:38 am
After 2008 IBs in America don't prop trade
September 9th, 2020 at 1:35 am
You'd make more as a plumber,,,,,find a computer to do that.