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 >>In this video, we interview Loris, the winner of our August Trader of the Month contest, who made a profit of almost €7,000 in 30 days, with a return of +23% and a drawdown of less than -4%.
Like many other traders, Loris took his first steps in "self-taught" trading. Not getting the results he wanted, he decided to change his perspective, and after reading some newspaper articles about the Unger MethodTM, he decided to join the Unger Academy®.
Our teachings helped him start on the right foot, so much so that in his second month of Live trading, he earned almost 7,000 euros.
Want to learn more about Loris' story and how Unger Academy® helped him improve his trading?
Then you don't want to miss this interview!
When you watch it, you will discover:
-How Loris' attitude towards trading has changed thanks to the Unger Academy®
-What made Loris decide to use the Unger Method TM
-How he became Trader of the Month
-The most important teachings he received
Enjoy 😎
Introduction
Chelsi
Hey everybody! Today I have the pleasure of interviewing Loris, the winner of our Trader of the Month contest for August. Loris won a gain of almost €7,000 and a return of around 23%, right, Loris?
Loris
Yes, that's right.
Chelsi
Ok, that's an outstanding performance, especially considering that August is known as being sometimes a difficult month to trade the markets. You even had a really low drawdown of less than 4%. Right?
Loris
Yes, that’s right.
Chelsi
Perfect! For those of you who don't know, "Trader of the Month" contest is a monthly contest for our students where the trader who achieves the best performance using the Unger Method will be rewarded with a €1,000 Amazon voucher. I’m so glad you are here, Loris, and let's get started!
Loris
Ok!
Chelsi
First, I'd like to ask you to tell us a little about yourself, what you do and what are your hobbies.
Who is Loris and how he started his journey in the world of trading
Loris
My name is Loris, I am 51 years old and I am a business consultant in the service sector. I have 2 children, one of whom recently became an adult. I really enjoy playing and watching all sports, both popular and somewhat niche sports, and those include soccer, golf and tennis.
Chelsi
So, a very diversified life.
Loris
Pretty varied and complicated, but like everyone, I guess, with some ups and downs.
Chelsi
Exactly. And what problem did you have before joining our program?
Loris
Well, I've always had a passion for the markets, for trading. I tried to do everything myself, so building a stock portfolio, buying and selling, but I didn’t do it systematically, I played it a little bit, let's say, by ear, ok? And in the end, the results were never brilliant, on the contrary.
And, in fact, it was always quite complicated. You see, fortunately, I've always invested small amounts, but, in short, as an engineer, something I didn't mention earlier, I was well aware of the fact that you have to have a method, and that's extremely important. You must understand a little more and try to work with a method and that's what I'm doing now, sticking to what Unger says.
Why he chose our program among the many available on the market
Chelsi
Great, thank you very much. And why did you choose our program and not any other program out there?
Loris
Well, I wanted to start studying and learning a bit more about trading. So I started doing a little research online. I watched some interviews, read some articles. I bumped into some newspaper articles where Andrea Unger emphasized the idea that you can do it… that yes, it can be complicated, and that's why you have to study, and you have to be very careful. In short, he said that you can't improvise.
He never said things like… Well, you know, there are those people who brag about fabulous gains and percentages and so on. He's always very honest and very clear about what trading is and what can be achieved, and that’s what caught my eye and I decided to give it a try.
What helped him the most in the program
Chelsi
And after doing our program, is there anything that really helped you?
Loris
Oh, definitely yes. You see, I started very intensively in March of this year. Partly because I enjoy it, partly because I really wanted to do it... So I was able to take some time to dedicate to it. I was very committed. For sure, having a technical background sped up my path quite a lot. Because all these components that have to do with the infrastructure and the programming part, for me were quite… well, I don't want to say simple, but for sure not too complex, let's say.
So, I was able to focus more on the trading aspects of the markets, you know, how the markets move and trying to understand those things first. And what I particularly liked, what opened my eyes and really made a difference, is definitely the whole issue of money management and risk management, which is crucial to going down this path correctly without making big mistakes and causing too much damage.
Chelsi
Yes, definitely!
Loris
And then, you know, things can go more or less well… or they can go more or less badly, but if you do all the steps in a balanced way, you succeed in keeping everything under control.
What results he achieved after completing the program
Chelsi
Exactly. And speaking of results, besides the excellent performance you achieved in the month of August, which let you win the title of Trader of the Month, after you started applying what you learned in the different modules of the program, what results did you see in general?
Loris
Well, I do have to say that I started live trading only recently. I started in July, then I did this particularly brilliant August, which I'm sure also has to do with a lot of luck. I'm working on micro futures because I don't have a lot of capital. And this is something that makes the percentages become even more impressive.
I guess I was lucky because when I started I was working with a very unbalanced portfolio. It was mainly based on the Nasdaq and stock indexes, and so my systems had done well on those markets… and that's how it worked. Today, I'm trying to balance the portfolio, to diversify it, meaning that I'm trying to add more markets, as recommended in the training program. This is a crucial step. And then I'll certainly feel much more comfortable. I've struggled a bit more in September. I'm quote-unquote "staying afloat" right now.
Chelsi
In a nutshell, let's say you had a good start and that's...
Loris
That's very encouraging.
How his trading approach has changed
Chelsi
Great, so an excellent start for you. And how has your life changed since you got your first positive results? Not only financially but also in terms of awareness?
Loris
Well, you said the right word, "awareness," because now I'm working in a careful and methodical way. The things that are taught in the program - I can apply and implement them, and I can set up everything in the best way possible. I'm also fighting myself because I’m still tempted to keep everything under control, so I'm tempted to do things like closing a position when I see it's going up... And this is the main challenge for me. Because once the rules and systems are in place, you can (and must) let them work for what they were intended for.
Loris
This is the most challenging thing for me right now.
Chelsi
To break away from the discretionary habits.
Loris
Exactly, always being there and checking things. Instead, you have to watch them and just let them go.
His advice to those who want to become traders
Chelsi
Where would you be now if you hadn’t chosen to join our program?
Loris
Well, I definitely wouldn't have taken that step. I would have stayed with my traditional portfolios, with a buy-sell probably only in the equity world based on some classic indicators. Instead, I have to say that using the method with this approach here definitely allows diversifying and working in a very different way.
And it's certainly a way that isn't easy because I understand how difficult it can be to build an infrastructure. Yet still, I have to say that even those who may not be able to do it on their own are supported by the Academy in the right way.
Chelsi
Okay, thank you very much. And the last thing I want to ask you: what would you say to those who are watching this interview and maybe are still undecided about whether or not to join the program?
Loris
Well, I'd encourage people to give it a try because the program is very well structured. Of course, there are some complicated things, so you must study to understand how these things work. But in general, I can say the program is really well structured. Also because I love to study by my own.
And this program, the way it's structured, allows me to do it when I have time. All the material is constantly available, so I can look at it, then look at it again, and go back and forth, without any problems.
And then there's this component that I haven't used yet: the Coaching calls, which I think are very valuable because they allow you to interact with the coaches and ask specific questions about issues that may be difficult for you at that moment.
o be honest, although I don't participate in the calls, I'm using them a lot. In fact, all sessions are recorded, so I in the evening, I can go and see if there is a question I might have asked and listen to the answer. So I can say that I'm definitely satisfied, and I recommend this program because it gives you a method, gives you an approach, and a lot of insights and ideas you can then go on with.
Chelsi
Ah, great, so you also found the Coaching Call recordings archive helpful without having to participate, still finding answers.
Loris
Yes, absolutely! It's really very useful. Then, there's an Italian and English version, so there's a lot of material. So, I've seen that when I have had doubts, when I looked in the archives, I've always found an answer without having to ask a new question. You can definitely find a lot of helpful material there.
Chelsi
Great, I'm glad you find it very useful. Okay, thank you very much, Loris, for your time today. I wish you as always Happy trading, and I hope to see you again, maybe not in September, but if not in September then...
Loris
No, probably not in September, but maybe later, I hope.
Chelsi
Absolutely. Thank you so much, Loris!
Loris
Thank you and thanks everyone!
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.
