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BOOK YOUR FREE STRATEGY SESSION NOW >>In this interview, one of our successful students, Davide, shares his experience with our training program, which he completed in less than 90 days!
After completing the program, Davide immediately started live trading and closed his first month with a profit of +12%.
Before joining the program, he already had some experience in discretionary trading. He dedicated to this activity in his spare time, trading in one or two markets at most.
However, being aware of the limitations of this approach, both in terms of time and diversification, he decided to explore the world of systematic trading.
He discovered our videos, which he eagerly watched to learn all the secrets, and finally decided to join our program.
But let's allow Davide to tell us more about his experience...
Watch the video to discover:
• Davide's journey in the trading world
• why he chose our program among those available on the market
• the problems he solved thanks to our method and the results he achieved
• his advice for aspiring traders
Enjoy the video! 😉
Introduction
Chelsi
Hi everyone! Today I'm here with Davide, a successful student of Unger Academy, who is here to tell us about his experience with our training program. Hi Davide, welcome!
Davide
Good evening Chelsi.
Who is Davide, and how did his passion for trading begin
Chelsi
So first of all, can you tell us a little bit about yourself and what you do?
Davide
Well, I am an electronic technician. Later, I obtained a three-year degree in law. After a brief career in the army, I dedicated myself to my current activity, which is that of Account Executive at a multinational insurance brokerage.
About last year, about a year ago, I approached the world of trading, initially with a discretionary approach, and thanks to an ad on YouTube, I also started to follow the systematic approach.
In the past few months, I've watched every possible video on your YouTube channel until the point where the information provided was no longer enough for me. I wanted to deepen my knowledge, so I scheduled a call with a sales representative of the training program.
I started this program in October, in early October. Fortunately, I started to understand the Unger Method way before I started this program, because I had already read the book "The Unger Method", and this helped me to go live in as little time as possible. In fact, from October 7th to December 31st, I completed the training program and then went live on January 2nd.
I ended the first month with a profit of a little more than 12% and it really was a great satisfaction. I traded live with five strategies, and now I'm waiting to close the second month. I'm going through a small drawdown at the moment but I'm confident that I'll recover soon.
The problems he had before joining our program
Chelsi
Well, I would say this is an excellent start. Beautiful! Okay, so what was your problem before joining our program?
Davide
Actually, it was just a matter of time because I work part-time, although I work from home, and I'm involved in other activities as well. So the discretionary approach that I was starting to learn didn't fit in with my full-time activities.
I've had some small satisfactions even with that kind of approach. However, the problem was that since I could only trade in my free time, when the markets are closing (because we're talking about trading after the workday), I could only keep up with 1, maximum 2 markets.
So, let's say that the drawdown could be much more significant than what you can have with a systematic approach that, through trading systems, allows you to follow an infinite number of strategies, of course depending on the capital at your disposal. And that is something that allows you to compensate for drawdowns and maybe other strategies that are not working well. While with discretionary trading… well… you know, you can't do it!
If you're alone, you can follow one, maximum 2 strategies, and then you necessarily have to stop. So, this is the great advantage of systematic trading.
Why he chose our program over the many available on the market
Chelsi
Exactly, exactly. And why did you choose our program over any other program out there?
Davide
Well, there was a very human approach to the sale that I really liked. In the sense that the first YouTube ad that I saw led me to watch Andrea's webinar on the First-Hour Breakout on the DAX, and it was love at first sight, in the sense that he's not a kid who wants to sell you a course at all costs, he seemed transparent to me on a human level. Then, to tell you the truth, just looking at him in the videos, he always puts his face on YouTube, he inspired me with great trust.
And I have to tell you the truth, he is the only successful systematic trader I know, but he is also the best currently in circulation. So, I had no other choice, and I'm glad that it was through him that I had my first approach to systematic trading.
What helped him the most in the program
Chelsi
Okay. Well, I can confirm that Andrea's just as genuine in person as he is on YouTube. Was there anything specific in our program that helped you more than others?
Davide
Fortunately, as I mentioned earlier, I already had a good foundation. Thanks to the book and all the videos I watched, so many concepts were already clear to me.
Let's say I had a good grasp of them from a theoretical standpoint. For instance, position sizing, which is extensively covered and which I believe is absolutely fundamental to success, was crystal clear to me. I was already working on it in Excel, trying to get some ideas.
So, I had many concepts that were clear to me in theory, but I had nothing practical to actually put them into action, and especially nothing easy to use like the proprietary software of the Unger Academy. So, having access to so much software, you know, that is definitely a huge advantage because people who approach this world probably think that it all starts with programming.
But in reality, programming is just a small piece of what stands behind the world of systematic trading. In fact, it's probably not even half of it because also position sizing is crucial, diversification on different markets is crucial, and the correlation and decorrelation between markets is even more crucial.
So, it's so vast that I had clear ideas in my head, I understood that I had to trade certain markets, I understood that I had to organize my strategies in a certain way, but I didn't know how to actually do that. I mean, I didn't even have the computer tools to do it.
Chelsi
And also the mindset, right?
Davide
Yes.
Chelsi
The psychological part, I mean.
Davide
Absolutely. I remember one of Andrea's videos where he explained that you shouldn't get too excited when things go well, but you shouldn't cry too much when things go wrong.
In the sense that you know you will go through periods of drawdown, but if you are certain of the goodness of your systems, you will reach the expected result anyway. It may not be this month, it may be next month or the one after that, but if the systems are truly valid, and you haven't fallen into the trap of overfitting, you will definitely get there.
The results he achieved after completing the program
Chelsi
Okay. After applying what you learned in the program, after studying the different modules… I mean, you finished everything in a very short time...
Davide
In 3 months.
Chelsi
…what results did you achieve?
Davide
The first month, that is to say January, I closed with a +12.14% gain. So, I think that's an excellent result, definitely. And I can tell you that I also missed some trades due to the fact that I still didn't feel capable of aligning some positions, so it could have been even a little bit better.
Chelsi
Oh, wow! Ok! And how has your life changed since achieving this result, not just economically but also in terms of awareness?
Davide
Let's say that now I know for sure that it can be done, that it is absolutely achievable, and that it is mathematical. And I like the fact that it's mathematical. I know that if I shoot 10 bullets with 10 strategies, if I have created them well, it is impossible for all of them to go badly.
If things are done as they should be, they will be fine. And so it's an awareness, a certainty. I haven't enjoyed the fruits yet because my account balance stays where it is, and I won't withdraw anything until it grows.
But, even if my profession were to remain the same until retirement, and my salary stayed the same, I know that somehow I'll fight inflation by integrating with trading revenue.
Chelsi
Awesome! And where do you think you would be now if you hadn't decided to join our program?
Davide
I'd be doing demo trading, I'd be definitely doing demo trading, on the platform I used for discretionary trading for many months before starting to do some live operations. Probably, I would still be there.
Chelsi
Playing, yes...
Davide
Playing.. well, rather trying to learn in a "freeware" way, and trying to replicate the strategies.
Consider that I used to take screenshots of your YouTube videos… I zoomed in and measured the take profit and stop loss levels of the strategies that the coaches showed and then I tried to replicate them.
But I didn't know many secrets behind the entry triggers of trades, for example, so let's say that I based it only on breakout and break-in price levels, but I didn't know anything about many facts and principles that are fundamental in the optimization and definition of a strategy.
Davide's advice for aspiring traders
Chelsi
Great. Now, as a final thing, what would you say to those who are watching this interview and maybe are still undecided about whether to join our program?
Davide
I would say that they should be patient, consistent, willing to study, get to know the markets, and not be in a hurry to start and go live without being fully aware.
It's better to study one month more and start trading with the utmost awareness and with adequate capital. Because if someone's in a hurry to start live trading with a capital they believe is sufficient, and that capital is only enough if things go well, while in the case they start to go badly they end up burning a large part of that capital and having no more margins to access the market... I mean, you risk burning an opportunity… and maybe with another month of study you could have avoided it.
So be very patient and don't be in a hurry to become rich and millionaire because it's not like that, although of course, trading can certainly help you live a different life if it becomes a profession because it can give you a freedom that probably few professions have.
Chelsi
Great job! Well, thank you so much, Davide, for the time you dedicated to us. I wish you happy trading and I hope to see you soon in the upcoming contests!
Davide
I have already participated in the Strategy of the month and also in the Trader of the month, so now I am waiting for the results of the strategy contest. Let's wait and see.
Chelsi
Fingers crossed! Okay, thank you so much, Davide!
Davide
Thank you!
We'll help you map out a plan to fix the problems in your trading and get you to the next level. Answer a few questions on our application and then choose a time that works for you.
BOOK YOUR FREE STRATEGY SESSION NOW >>Andrea Unger here and I help retail traders to improve their trading, scientifically. I went from being a cog in the machine in a multinational company to the only 4-Time World Trading Champion in a little more than 10 years.
I've been a professional trader since 2001 and in 2008 I became World Champion using just 4 automated trading systems.
In 2015 I founded Unger Academy, where I teach my method of developing effecting trading strategies: a scientific, replicable and universal method, based on numbers and statistics, not hunches, which led me and my students to become Champions again and again.
Now I'm here to help you learn how to develop your own strategies, autonomously. This channel will help you improve your trading, know the markets better, and apply the scientific method to financial markets.
Becoming a trader is harder than you think, but if you have passion, will, and sufficient capital, you'll learn how to code and develop effective strategies, manage risk, and diversify a portfolio of trading systems to greatly improve your chances of becoming successful.
