Eric: +76% in 9 Months Trading While Running the Family Business (with little time)

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Can trading and forecasts be in the same sentence? Spoiler: no! Forecasts don't even work with the weather, let alone the markets.

This was also confirmed by Eric, one of our successful students who has made a hefty +76% on his initial capital since the beginning of March.

Eric doesn't have many hours to spend in front of the computer monitoring charts and indicators.

And that’s precisely one of the reasons that led him to switch from discretionary trading to automated trading with the Unger Academy®.

What changed his experience? Here are 2 clues: automated trading and consistent learning.

Do you want to know more about Eric's story and experience with Unger Academy®? Don't miss his interview!

Watch it now to discover:
-The reasons that convinced him to choose Unger Academy®
-What helped him the most in our training program
-The secret behind his +76% since March 2023
-His advice to all aspiring traders

Enjoy watching!

Transcription

Introduction

Chelsi
Hello everyone, today we have the pleasure to be here with Eric, one of our successful Unger Academy students. Eric is here to talk briefly about his experience with our training. Hi Eric, how are you?

Eric
Good evening, Chelsi. Thank you for giving me the opportunity to share the story of my journey with systematic trading.

Chelsi
Happy to have you here with us.

Eric
Thank you!

Chelsi
Perfect! Alright then, let's get started. Tell us a little bit about yourself, your work, and what you do in life.

Eric's life, job, and personal projects

Eric
So first of all, thank you for the question. I mainly run the family business where I work. We have a metal carpentry shop, so anything that has little to do with laser cutting, bending, welding, and anything that comes up in our industry. I also run two other personal projects, one dealing with real estate and the other with the financial markets, so in other words, the trading systems.

Chelsi
Okay, what difficulties did you encounter before you joined our program?

Eric
I come from a discretionary trading background, so I was looking at the charts, putting in the lines and the indicators, and trying to figure out what the chart could do next like I had an idea of what it could do. Instead, it doesn't work. It doesn't work like that. So, Unger Academy itself taught me that, in short, it comes down to trying to follow the wave of the market without having the arrogance to want to understand it because, in the end, we can’t decide whether it goes up or down.

Chelsi
Yes, it's hard to look at charts all day, even with all that you have to do anyway.

Eric
You’re right. I had no time at all. Again, of course, it depends on the habits that you have. Because I am already very busy, it took me a long time to go live because I could spend little time studying. And systematic trading today is certainly what I have to do for the hours I have.

What prompted Eric to join our training program

Chelsi
Sure, of course. And why did you choose our program as opposed to others available on the market?

Eric
When I got into discretionary trading, for about a year and a half, from 2018 to almost 2020, I didn't make any money, just impossible. I never found anything stable and solid, so I wanted to switch to something completely different. I wanted to try the systematic trading that I had read about, which is what a trader does when starting and wants to do something serious. So I looked for a school that could help me, and the most serious and best-prepared one there was on the market. That was it. So, I looked at Unger Academy. I looked at it a bit, and I got a lot of opinions even before I joined this academy. They were all positive, it's described as the best. So, I said... well, since I was a little bit uncertain about trading, I was a little bit in doubt, I said, "If I try it again, I want to try it 100%, and I certainly want to spare no expense and of course, no little training," so I wanted to go for the best, you see.

Which aspect of our program helped him the most

Chelsi
Right, right as an approach as well. Is there any aspect of our program that has particularly helped you?

Eric
Well, the coaching calls are excellent. I signed up in April 2021, and I've been at the Unger Academy for a while now. And I think I've asked for three, four things, no more than that. But I like to look at the other coaching calls and follow them up as my training, even if they're things I don't need now and will undoubtedly need down the line. If you can access other previous coaching calls and see other students' doubts, you will be one step ahead of the doubts that you will have. So, the most essential doubts are the doubts that others who are more experienced than you have, which will also be the doubts that you will have. So that's a service that I don't think anyone offers, and it's invaluable. If you see the problems that others have had and avoid having them yourself, you can educate yourself very quickly. So coaching is something valuable.

Chelsi
Absolutely. The archive of coaching calls is sometimes underestimated, but it's really useful.

Eric
Yeah, I've almost learned more with it than with the rest because that's where most of the technical and practical stuff is. But of course, the books and the video lessons are also valid and very useful.

Eric's trading results

Chelsi
Okay, what results did you get after putting into practice what you learned in the program?

Eric
So, as I said, I had written it down. I went live. So, I signed up in April 2021 and went live in June 2022. It took a long time because I studied a little, so I progressed very slowly at the beginning. After that, I started to organize my routine better and study more, and after a few months, I went live right away. In June, July, and August, I made 14% on Forex. In October, November, and December of the same year, I traded Forex again, where I made -3% because I had little capital and the commissions were too high. I calculated that if I tripled the investment for the same amount, I would have earned 7/8%. So, it was just a question of having little capital. I solved that with confidence and study. I stopped switching a bit while I was moving from Forex to futures, and from March 2023 until today, I traded on five markets, five different futures, and I've achieved a performance of 76% in 9 months. So, yeah, I'm pleased, yes.

Chelsi
Great, great, great!

Eric
Thank you. Well, the good thing is that the equity account is also regular, which is the most important thing. I haven't been lucky one month and zero the others. It's all been regular and that's the most important thing. Because, on average, you try to get returns that are maybe a little bit lower to avoid the risk. But if you follow the market correctly and it performs like that, hey, why not? So, it's gone very well. It’s also changed my view in 2023 because everything was taboo before, but everything changed when I started trading serious instruments. After that, you take them seriously and get even better results.

Chelsi
Awesome Eric!

Eric
Thank you.

How his life has changed with automated trading

Chelsi
And how did your life change after you achieved these results?

Eric
Like I told you, the logic. The logic when I say that until early 2023, until March, while I was just starting studying, I didn't know what trading could be for me. I was still a little bit in the bubble phase. Today, I can say that after this year and in 2024, when I'm already looking to double the capital invested and accordingly double the instruments that I use to trade and leverage on margin, I can't deny that I see an opportunity in trading in a way that I didn't in 2023. And it plays an even more significant role in my life. So, I don't know where it will go, but trading is much more important to me today than it was a year ago. That's for sure.

Chelsi
Excellent, excellent.

Eric
Thank you!

Where Eric would be if he hadn't discovered Unger Academy and automated trading

Chelsi
And where would you be now if you hadn't decided to participate in this program?

Eric
The point is again automatic trading. Because most probably, if I hadn't started it, I don't know if I would have continued to trade. Maybe I would find myself buying a few stocks, a few ETFs, those things a bit more long-term, but that's another thing. It has almost nothing to do with it in one respect. Trading, developing systems and strategies that work, managing them, having an optimized strategy pool, and making sure the portfolio moves as smoothly as possible, upwards maybe. But I don't know. In my opinion, I would have stopped trading, I'll be honest. Because at the end of the day, I didn't have that much time to get involved in the first year, and I still got results, and I said to myself, well, if I put in the effort here now, I can achieve even more. So, it's all down to the fact that Unger Academy -- the Unger Method – is an effective method because otherwise, I wouldn't have seen many results, and I would have given up. So, it's the results that move you after a few years. If there aren't any, you give up. If there are, because the method is effective, you keep going.

Chelsi
So, the insight you've gained with us has also brought you to the point where you feel more confident to invest more capital, which means you keep trading.

Eric
Absolutely, yes... absolutely.

His advice for those considering or already engaged in trading

Chelsi
Okay, and finally, what would you say to people watching this interview and maybe are considering whether or not to sign up for the program?

Eric
Well, from my point of view, the Unger Academy is undoubtedly the best thing on the market today if you want to learn trading systems and make this your full-time job. You can do it in the evenings or alongside your job, but you must dedicate yourself to it like it's imperative. You have to give yourself set times; you have to try already and study a routine because you might have to go there from X hour to Y hour in the evening, you have to study because it's much more rewarding that way. So, what I say to people who want to join Unger Academy is that you should think carefully about how much time and energy you can devote to make the most of this investment because, after all, being part of a serious academy is an investment.

Chelsi
Awesome! Thank you very much, Eric, for taking the time, and I hope you enjoy your trading. I wish you a good continuation of trading.

Eric
Thank you very much, and have a lovely evening.

Chelsi
Thank you.

Eric
Bye bye, thank you, bye bye.

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Andrea Unger

Andrea Unger

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.