Introduction
Hey and welcome to this brand new video. How do you choose the best training program to become a trader among the hundreds of offers available?
What aspects should one pay attention to? And how to distinguish a reputable training program from a scam?
I’m one of the coaches at the Unger Academy, and today we want to answer these questions by discussing the most important features of training programs. We also want to give you our practical tips on how to avoid scams.
If you want to receive a free guide with our tips to choose the best training program on trading, comment with the word "Training" below this video.
Where the scam might be hiding
Let’s see where the scam might be hiding. Those who will pitch themselves to you may say that they can teach you how to trade without ever having been a successful trader themselves.
They will usually inundate you with purely commercial content without giving you any proof of their achievements.
There might show you a small amount of positive feedback. So, keep an eye on these alarm bells.
Some will sell you books or courses, but they won’t explain how to actually trade. They will only give you a partial view of trading and leave it up to you to find your own path.
In addition, the theories that are presented to you aren’t testable, and the results aren’t reproducible, so you’ll have to have a little faith in believing what they offer.
Then some propose so-called easy trading with a few clicks from your smartphone, claiming you don’t have to make any effort to trade. They will show trading operations that can be done wherever you are, from the parking lot or the beach, and their training offers will be pretty poor in content.
They will, of course, avoid all testing to focus your attention on the live phase and go straight to the markets.
Then some promise fantastic results, and even constant and guaranteed returns over a longer period of time. They will then show you an insane performance. They will talk about a virtually guaranteed trading income as if it could be a second income besides your salary, and they will rarely mention the risk of trades. And finally, they will use leverage to make big profits with little capital.
Last but not least, some will tend to downplay the importance of the operating setup and IT infrastructure. They seldom talk about professional platforms, suggest or even sponsor little-known brokers, and finally downplay or dismiss the need for a dedicated remote trading station, saying that even the PC that we all have at home is all a trader needs.
Well, if you have taken to heart the practical advice we have given you so far, you will have discarded the half-hearted offers or even scams that someone may have suggested to you.
The features of a valid training program
But let’s ask what the characteristics of a good training program should be. First, it must be developed by a mentor with proven experience. The teaching process must have been tested by many traders who have gone through the program before us. We certainly don’t want to be the guinea pigs in this training program.
It must start with the basics, so it has to be suitable for those who are starting from scratch. It has to be designed so that the time you spend on your training is optimized.
The method must be 100% replicable, with easily transferable rules, and without any type of discretion.
You should be able to participate in strategic coaching sessions offered by real traders.
Technical support must be constant to help you with all aspects of the technology.
Finally, it must receive numerous positive and verified reviews.
The features of the training program of Unger Academy
Let’s look at the features of the training program offered by the Unger Academy.
Andrea Unger has decades of globally recognized experience. There are a large number of already successful live traders among his students, many of whom started from scratch.
He teaches you everything you need to trade live without going elsewhere for information.
Strategic coaching is provided by the coaches, who are already real traders.
You’ll always have technicians by your side to help you with the operational environment.
Testimonials
Finally, the program has received hundreds of positive and certified reviews.
Take a look at some of them. Unger Academy on Google has a rating of 4.8 with 424 reviews.
Chris writes: "The Unger Academy offers a comprehensive educational experience for anyone looking to learn about algorithmic trading."
Robert writes: "Course content and documentation is outstanding and support has been excellent."
And again, Tetiana writes "the program has definitely helped me improve my trading and extend my portfolio to better diversification".
Here we see Reiner, who writes "without the program it might take some years to reach the same level of knowledge".
Andrew says: "Once you become a student is like you are now a part of a family with required personalized support".
Estevan writes, "The Unger Academy has great resources to help traders on systematic trading development."
And finally Wayne writes: "the course material allows you to develop from little knowledge to a thorough understanding and real skills".
These are just some of the reviews we collected on Trustpilot, where we recently signed up.
But what do other world champions say about Andrea Unger?
Michael Cook, World Trading Champion in the years 2007 and 2014, congratulates Andrea Unger for winning the championship three years in a row, something only Andrea Unger has managed to do.
Tim Rea, World Trading Champion in 2011, says: "Andrea certainly is one of the most talented and successful traders I personally know."
Finally, Kevin Davey, World Trading Champion in 2006, writes: "When I need trading advice, I know I can always rely on Andrea to give me thoughtful analysis."
Now you may be thinking: "all very nice, but show me the money," as they say.
Economic results of the best students
You’re now looking at the report of 2021 Trader of the Year, Paolo, who made a profit of almost $44,000.
Even more impressive is the profit percentage, which is almost 140%.
Moving on, we have 2022 Trader of the Year, Massimo. Here the profit percentage is 54%, and it’s sensational to see the absolute value, over €142,000 of gain with an excellent equity here as well.
And how are our traders doing this year?
These are the 2023 Traders of the Month. Roberto made a profit of €53,000 in January with +27% and outstanding equity.
Marco in February: $38,000 with a +46% gain and Giuseppe in March: + $13,000 with a 46% profit.
Don’t forget, if you want to receive the free guide with our tips to choose the best training program on trading, you simply need to comment below this video with the word "Training".
Okay, so today we have given you practical tips on spotting scams and avoiding people who promise training without being qualified to do so.
We also looked at the key features the best trading training program must have, showing you how Unger Academy puts results first.
If you’re interested in the world of systematic trading, I recommend you click on the links in the description. From there, you can watch a video by Andrea Unger, get our best-selling book by simply paying the shipping costs, or even book a free call with a member of our team.
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Thank you for watching and I will see you in our next video!
