Fraud Christopher Angus on Scalping Smart Money Flows

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Video Background

Oxfordshire criminal fraud Christopher Angus is kicking off a confidence series, providing free video tutorials on how to defraud investors. This eighth video is 17:35 & was shared on April 24, 2016. The criminal who shot these videos delivered over a 99% investment loss, as he simply stole the money and integrated it into other investment scams abroad.
https://www.oxfordmail.co.uk/news/18693916.conman-christopher-angus-pay-back-just-1-2m-scam/
UK Crown Police never followed the money trail.

Christopher Angus is associated with Stella Huh and Timothy Barton, who stand trial in the United States on November 2, 2026.
http://www.seobook.com/stella-huh/criminal-case-docket-sheet%204-22-2026-(22-cr-00352).pdf

Video Highlights

• 1 minute 0 seconds: was trained about 5 years prior by a guy who scalps a few ticks per day from the treasury market. states that guy made like 1000% per year. also said you can't be taught to trade and sort of have to learn what markets fit you and your own way of doing things.
• 3 minutes 40 seconds: smart money vs dumb money
• 4 minutes 5 seconds: when you sell a market sell on an uptick & when you are buying a market buy on a down tick
• 9 minutes 15 seconds: for him trading is not about the money it is about playing the game against the smartest people and beating them. well you are not really beating them but you ride on their coat tails. you dont have enough money to move the markets but they do so you ride along and join them.
• 10 minutes 0 seconds: sees trading like the game of life & sees it as a free lunch. when you are taking money out of the markets all the time it is a free lunch. it is winning the game of life in a way that challenges convention and is extremely satisfying.
• 11 minutes 10 seconds: if you always think about dollar signs you will struggle because you are thinking about the money and not winning the game.
• 11 minutes 30 seconds: trade often. trade small. low volatility and more consistent returns.
• 13 minutes 30 seconds: what the markets do is exaturate people's personalities. the way you behave in life is usually the way you behave in markets.
• 14 minutes 30 seconds: if you take someone who is a wild gambler and they take bets that are much too big because they are greedy or whatever a gambler's mentality is - wants to make millions of dollars that month - well that doesn't work either. trading is risk management. it is managing the amounts of risk you have. managing your risks vs opportunities. if you take very small risks you can get out of almost anything because you have so much dry power. if you are not a degenerate lunatic it is a mathematical certainty you can come out of just about any situation.

A version of this video is available for download at
https://www.dropbox.com/s/1zx5mw88rcs64ih/video%207%202016%20apr%2024.flv?dl=0

Video Transcript

00:00 Christopher Angus: Hello A, how was your weekend? Finally getting around to doing my thing for you. Bit of a heavy weekend with my daughter and a bunch of other not very useful things but extremely time consuming. So I was out for a lot of the day on Friday, and seeing my lawyer and then having to go pick my daughter up from school and so I lost a large portion of the day, but I didn't really miss a lot because there wasn't really a general direction as you can see from this. And basically, the whole morning, I think, looking at this, looking back at this, it was just like choppy, like there was no direction.

00:53 Christopher Angus: So, what am I gonna tell you today? I'm gonna give you a very big secret. It's not that big, but people don't really notice if you are a scalper, which is really how I started five years ago. I was trained by a guy that scalps the Treasury market, two, three ticks a day maybe. And he makes a lot. He makes... He was the guy that said to me, he does like 1000% return a year. And I have adapted to my own way. And one thing I wanted to say is, no one could really teach you to trade. You have to get all the information and make your own way. He liked the Treasury markets. I've hated them. They're so thick and liquid, that like it just never went anywhere. And at the time, it didn't really suit me. But you know, as time goes on, you change. So that's what it is.

02:02 Christopher Angus: So, I'll just talk through the trade here. I didn't really get settled down until later on, and I think I shouted out saying, around 7:00 or 7:32 or something, "I'm looking for a trade." Now, the market, obviously, had been falling off, and had fallen off really hard, so it was pretty clear which direction it was going in and looking at all the other stuff that you know. I decided to look for a spot. Now here comes the secret. When you are trading, and this really is hardcore stuff, right. When I say it's hardcore, it's not mentally hardcore, but it is... It takes a lot of precision and that's the hardcore part I'm talking about. And not just precision, it goes against what one would think. So, it's really counterintuitive until you know how the game works, which is the opposite way to the dumb money. So the smart money flows one way and the dumb money flows the other, and the smart money just keeps eating breakfast from the dumb money.

03:17 Christopher Angus: I don't really like that term, but it's true. I don't think dumb money is dumb. I think it's just uninformed money, and people that don't know how to play the game, and basically, they lose their money, which is sad. It genuinely is. But, it is what it is and you can't go against the smart money. I can't take a stand and say, "Fuck you, smart money. I'm gonna not go your way," because you're not gonna win ever. You're just gonna give them your money, fundamentally.

03:52 Christopher Angus: So, if you can't beat 'em, well, join 'em. That's it. So here comes the tip, beating around the bush. When you are selling the market, you sell on an up tick, and when you are buying a market, you buy on a down tick. Now, that's the secret. It's not a secret but it's like 99.99% of traders don't know that. Everyone's looking for movement, and so they wanna try and go with the flow. But when you're pretty sure what direction this is gonna go in, and by this time, it was like, blindingly obvious, you look for an up tick. And so, once it ticks up, you sell it, which I did.

04:44 Christopher Angus: And once you sell it, why do we do that? Well, it means because if the markets going... If you're very sure the direction, which by that time I was, 'cause looking at... I mean it's clear to anyone. I mean, a blind grandmother could see this. Why would I sell it when it starts to look like it's going the other way? Because it's not, basically. And it just continued down, you know. And that's why I just held it. I held through until a couple minutes past nine, I think, because I thought maybe we get two ticks. I was getting kinda excited. I thought, "Wow, this is kind of... I thought I'd get nothing today. Maybe I'll pick up two ticks." So whatever. And so, why do we do this? It's because you have to beat the spread and commissions and a bunch of other bullshit stuff they layer on top to make money off you.

05:37 Christopher Angus: So if you sell on the up tick, once it ticks down, you've basically beaten the spread, and you can scratch the trade. And that's the secret to trading, is not losing money. The pros don't lose or they lose so little it doesn't matter. And if they do lose, it's like one tick. So, if you sell on the up tick, and it immediately ticks down, you're even Steven, and you're collecting the rebate. So like I said, it's pretty hardcore stuff because A, you're going against the flow. It doesn't seem logical when your learning at the time, but when you actually understand how the game works, it's like you'll be... Because if I bought on the down tick thinking, "Okay, this is going down, man. This is going down." Immediately, it ticks up, then I'm two ticks out instead of being even by there.

06:31 Christopher Angus: So this was my entry, and then immediately ticked down, and so now I'm even. And that's my entry point. Never went worse than my entry point in nearly... In over two hours. Well, an hour and a half. That was a tick and a half, and then it started breaking down. It was going 1.5, 1 point, and 1.5. Remember that bit on Skype. And that was me thinking, "I'm gonna get two ticks here. I'm gonna get two ticks." I thought it was really good. So at the end, I ended up giving half a tick back because it was getting too close to the end and the weekend and all that stuff. It's just, you don't... And also, you're selling it. Don't forget. Can't risk getting caught. And if I did, I'd have to hedge it off straight away and it gets a little messy so...

07:33 Christopher Angus: Anyway, so I took the tick. I was hardly around Friday and I still just scalped one tick. I mean, it's the absolutely little, smallest amount you can take, plus a little rebate, so whatever. Saying that, I didn't miss an awful lot on Friday. As I said like it was choppy as fuck, looking back at this. And it's an easy way to make mistakes, I think. So I think I would have just been sitting on the sidelines anyway because it just wasn't going anywhere until it actually just fucked up around six o'clock and then it just broke down hard and then you got the direction that you need.

08:10 Christopher Angus: I mean, you can scalp one and two ticks going here, but you're just jumping in the ocean, not really knowing which way it's gonna go, so... And then, you're two or three ticks out, and you're starting to get a little nervous on a Friday. So I don't know, it just worked out really well. What can I say, thank you to the marketing gods, market gods. Thanks. but.

08:35 Christopher Angus: Anyway, so like I said on... I've got to... Moving on from this trade, I wanna just fly through some other topics. I think I might have said this, but... Or I'm pretty sure I did, but the volatility index, the VIX, is known for taking the stairs down, and the elevator back up. So that's why you can see I'm always a little anxious when you're selling it, because it doesn't take its time if there's a sharp move, so you usually wanna be on the other side. But as I said, if you're sitting here, it's not really a problem.

09:14 Christopher Angus: And then, I kind of touched on this a couple of times in Skype, but I didn't really clarify it beautifully. Like I said, for me, trading's not absolutely about the money. It's about winning the game. It's about playing against the smartest people and beating them. And like I said earlier in the conversation, you're not necessarily beating them, but you are winning the game because you ride along their coattails. We don't have enough money to move the markets like they do. So they move the markets and we join them, basically. So basically, we are part of who they are. I know this must be like, sound really evil to you, but it is what it is. And I'm proud of that. Not proud of... I don't wanna be part of a whole bent system, but I'm proud that I actually manage to beat the game because I see it as a game of life. I do.

10:14 Christopher Angus: I see it as a game of life. Why? Because I think it's a free lunch. I think I might have said this to you. My father always said to me, "No such thing as a free lunch, son. No such thing." Well, when you're taking money out the markets all the time, it's like, "Well, fuck you, Dad. This is a free lunch and I'm fucking eating it." So, funny how he wants to join me though. People are so fucking hypocritical. But still, to me, this is winning the game of life. And it's winning it in a way which is really not... It's challenging the status quo and I love that. I do. It's extremely fulfilling. It's more than 50% of the satisfaction that I get, is winning the game. It's not if... If you're driven by dollars, dollar signs, dollar notes, I think you're always gonna struggle. I do. Because you don't think straight, you think about the money, and not winning the game. And this just a big fucking game at the end of the day.

11:31 Christopher Angus: So, a little mantra for you, well, for me, I'll say it out loud. Trade small, trade often, low-volatility, and more consistent returns. If you hold big losers, you have incredible profit and loss volatility on your bankroll, and it's not good for your health or your wealth, for that matter. And I think I might have said this as well on Friday. You correctly identified that mental toughness is a very, very important aspect of trading. And I say this almost being embarrassed because it's almost like I'm taking away from some of my personality. I do see myself as someone that has almost coaxed out some of my emotional side.

12:30 Christopher Angus: Because when things are tough, when you're looking for an entry and nothing's coming for days and days and days, it's easy to try and force through trades, and you have to be able to have that resilience mentally, to sit and be calm and everything has to be clear in terms of decision-making. As soon as you feel pressure, you're gonna have a tough time. So my whole life is geared around trading. It's like trading is the center of my universe, and like every decision I make, that has nothing to do with trading, but I still, in some way, manage to connect it to trading, and see how my personality plays out outside of the trading world and how that loops back into my behavior and interactions with the market in the real world.

13:30 Christopher Angus: I'll end with just saying that, the way people behave... This is not my phrase by the way, but what the markets do is they exaggerate one's personalities. So, whatever you are and the way you behave in life are usually the way you behave in the markets. And that will magnify your personality quirks. I don't wanna say shortcomings 'cause I don't really believe in right and wrong. Fundamentally, I just think things are what they are and they just exist. But, if you have certain personality quirks, like you're too afraid to trade and you never take trades because you're afraid to make... You're afraid of loss, you'll fail as a trader because you're afraid to take any kind of risk. And that will be, as you can imagine, and I'm sure I'm speaking... Teaching you to suck eggs here but... That's an English saying, teach your grandmother to suck eggs. Look that up if you don't know what that means. I'm sure you do, but whatever. But if you take that as an example, if you take someone who is just a wild, wild gambler, and they take bets that are much too big because they are greedy, whatever a gambler's mentality is, wants to make millions of dollars that month, well, that doesn't work either.

14:56 Christopher Angus: Because, as I'm always harping on about, trading is risk management. It's managing the amount of risk you have, managing your risks versus your opportunities. And if you manage your risks correctly, you can almost do random things in the market. Don't forget that. If you take very, very small amounts of risk, you can get out of any kind of trouble because you have so much dry powder. So if you're doing one, two, maximum of 3% of your bankroll on the line at any one time, you'd like... Mathematically, it is an impossibility, depending on where you are, with a certain security, that if you are not a total degenerate lunatic, that you can come out of any kind of situation profitably. So though it's kind of... It's a very extreme thing to say and it doesn't really pertain to real life, like as such, but if you manage your risk correctly, and you have that mental toughness...

16:09 Christopher Angus: Oh, fuck you startup disc is almost full. Go fuck yourself. This says my videos are too long. Okay, I'm listening. Right.

16:17 Christopher Angus: If you manage risk correctly and you have that mental toughness, and can think clearly under pressure and make good decisions, then you can be a trader. If you lose the plot when your bankroll swings, and you put too much on, or you cut your losses too early, then you can't be. And if you're not comfortable with taking $5,000 and just going to your garden and just pouring fuel on it and setting it on fire and then standing there, thinking, "Wow, that was a lot of money that I just blew up." And watching your own personal feeling about that, well, then you've gotta consider how you're gonna feel at the time. I read that somewhere else. Take 5,000 bucks, go set it on fire, and see how you feel. See if you can take it 'cause that's basically exactly what you do if you lose your mind.

17:06 Christopher Angus: Anyway, kind of a weird video today. It was the weekend and I'm a bit more relaxed and a bit more kind of in a different mindset so... Yeah, sorry about the lateness. I'll do the sheet now and markets are not yet open. I have no forecast for tomorrow 'cause the markets are not yet open, but I will catch you on Skype in a number of hours, no doubt. Catch you later. Bye bye.