Giuseppe: The Best Trading Training Program

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Giuseppe is an entrepreneur in the apparel sector who has cultivated a passion for trading since 2020 when he began trading technology stocks.

Over the years, he attended various courses until he eventually joined our training program, thanks to which he was finally able to become an independent trader.

Today, Giuseppe trades exclusively with strategies he has written and coded himself. He learned this quickly, even though he had never studied computer science or programming.

Giuseppe prefers to focus on stability and trades with a very cautious risk profile. Over the last 4 years, he has achieved an average annual return of 8.7%.

Watch the interview now to learn more about his story:
-Who is Giuseppe, and how his passion for trading evolved
-What helped him the most from our program and why he believes it is better than other programs he has followed
-Why he places so much importance on risk and how he manages it

Enjoy watching! 😎

Transcription

Introduction

Chelsi
Hey everyone! Today, I'm here with Giuseppe, a successful Unger Academy student who wants to tell us about his experience with our training program. Hello Giuseppe, how are you?

Giuseppe
Well, thank you!

Chelsi

Good! So, first of all, I'd like to ask you to tell us a little bit about yourself, what you do and you do for work.

Who is Giuseppe and how did his journey in the world of trading begin?

Giuseppe

I am an entrepreneur in the apparel business. My business started about forty years ago. Now I don't want to say... I mean, it sounds like I'm old by saying forty years ago, but I was 18 years old then, and now, after 40 years, well I'm 40 years older! I started with a store, then my wife joined me, and then she gave me a hand. We have two stores: one men's and one women's.

The problems he had before joining our program

Chelsi

Okay, and what problem did you have before you joined our program?

Giuseppe

I started taking the first steps back in 2000. At that time, there were technology stocks, and that was many years ago. And I did some operations then, almost just for fun, because it fascinated me, let's say.
The first trades I did back then, they were on STM, Telecom, and so on, so we’re talking about Italian stocks and several years ago, and you know, things were going well.
But as we all know, that after that came the stock market collapse, and some people had big problems... Well, I had very little exposure, as we will see later in my risk profile, so I never had so many problems. But let's say that that experience shaped me because it made me realize that there was still some risk in the markets. And so that experience, although positive at first and then negative, shaped me and taught me to reason in a certain way.

Then, after that, some time passed. I started to look into technical analysis and read many books. Unfortunately, I can't read English very well, so I tried to find translated texts into Italian, and I started studying. I delved deeper into trading.

For example, I was already familiar with the MultiCharts platform. At that time, I even started using MetaStop. After that, I got to know MultiCharts, and I studied it. I mean, I knew it, and I started... But I didn’t do systematic trading. I was trying to code my ideas, but afterward, I realized that it wasn’t the best thing to do because there’s a difference between the discretionary and the systematic approach.

And then, at some point, a couple of years went by when I was no longer involved in trading in general.
And after that, there’s always a second chance, right? I mean, after that period, then came a time when I re-entered the markets with the idea of trading systematically and started to study that approach... it seems to me that I discovered Algoritmica then. I had a subscription to the Italian magazine and tried to emulate something, but always on a trial basis and with a demo account.

Chelsi
For those who don't know, now we are all one company with Algoritmica.

Giuseppe
After that, I took another course before signing up for the Unger Academy program. I took another course with another trainer and then did the program with Andrea Unger, with Unger Academy. First part of the program, then the extended program, which I did later to learn more. This is my experience.

What has helped him the most in the program?

Chelsi
And what were the main differences from the other programs out there?

Giuseppe
Well, in terms of my experience, when I learned about your program, a world opened up to me. In the sense that I... Not because of the other course I took, I don't want to badmouth it, but simply because with Andrea, I mean with the Unger Academy program, I could tune into what Andrea was saying in the program.

And so, I found things that fascinated me. And I can say that, unlike the other experience - because I also had another, let's say, I had a total of three trainers - but unlike the others, the Unger Academy program gave me an essential foundation on which I feel more confident in developing my scripts as well as my trading systems.

It's almost a way of working that, let's say, I can't give up. What I mean is that now I can't do anything else but develop my strategies using this method. It is clear that there are other methods, better or worse, I don't know, but by now, I have entered this cauldron of ideas and development methods and could hardly do without it.

This is my experience. Because Andrea, I mean, I'm talking about Andrea, but when I say Andrea, it applies to the whole Academy, the entire group. They have concepts that I have adopted and that, unlike the others, give me a method that I think is right and perfect for me. With others, I don't know.

Chelsi
The method has undoubtedly helped you a lot to become as successful as you are today. Is there anything else that helped you along the way?

Giuseppe
With the Unger Academy, I understood how risk works and how not to risk more than what you set out to do.
And remembering previous experiences, maybe I realized that the mistakes were actually these, making market entries without calculating my risk profile. Actually, I didn't even have a risk profile, I traded without even considering that aspect.

Instead, through the teachings of the training program, I had the opportunity to test with Titan, to name a software... I also have another software, but Titan is the one I use that allows you to measure your risk tolerance and understand that in the markets, it's essential to determine your risk. Because in this way you can make your trades and even if they go badly, you know that you have this risk profile and respect it without changing things, without removing strategies, without closing trades and maybe making mistakes.

Because even though at first you might think you are doing the right thing, if you hit a take profit or conversely a stop loss and fiddle with things, you then find that you might be right once but wrong ten other times.

You have already planned it and you have to stick to it. This is what I learned from Andrea and I wrote down the systems I work with. Because in 2021 I decided to trade only with my own trading systems and scripts, and yes, I may have even, as they say, elevated my self-esteem.

Chelsi
Wow, so that means we will see some of your strategies soon for the Strategy of the Month, or maybe we have already seen some scripts of yours in the contest?

Giuseppe
I submitted a Strategy of the Month, but I didn't manage to be among the first ones, and that's unfortunate, but I want to say...

Chelsi
It could be this month!

Giuseppe
Yes, maybe the day will come when I'll be able to have a rewarded strategy, but the most important thing is that it will go well. Whether I come first or last in the Strategy of the Month contest doesn't matter to me; it isn't important.

The results he has achieved

Chelsi
We'll see! So, what were the results after applying what you learned in the program with the study you did on the different modules?

Giuseppe
Well, let's start with 2020, because in 2019 I just did a series of tests in demo, so they don't count. I mean, in the demo, and the other guys in the program know this, in the demo, the platform can stop and restart because there are problems with IB for example.

Anyway, let's talk about the real live trading. In 2020, I was lucky, but I have to say that I didn't have worked only with my own systems. I had other trading systems from other trainers and then some of my own.

Still, I managed to get a +37% return, but I didn't lull myself with that result. I didn't lull myself because, as I learned I think even talking to Andrea himself, I don't know if I remember correctly, I learned that 2020 was a year when several systematic traders had outperformed, so they had higher performances than usual. I achieved +37.46%, and that was a lot... I mean, I'm inspired by +20%, so +37% for me was...

Chelsi
Way above that!

Giuseppe
Then, in 2021, I have to tell you the truth: I returned back to Earth again because I had a different risk profile. I'd just started using Titan. I got the Titan software later because I purchased the full program only later. So, I didn't have it before. Anyway, I have to be honest: in 2021, I lost -14%. Also I don't know, I think that perhaps 2021 was a bit of a challenging year in the markets.

Then 2022, I ended it with a +7.13% return.

And in 2023, I'm almost at +5% or +4.90%.

But again, looking back... My risk profile is slightly lower than I used before.

And I must also say that now I use my own scripts. I've tested them and placed them in the drawer, you know, for a while, and now I'm using my scripts that I've done. And since I'm not the kind of person who thinks they're very good at things, I traded there with a lower risk profile. So it's clear that I won't get to the +37% I had in 2020, but it doesn't matter.

Because, by the way, and this is not a lesson I want to teach the other students because I don't have the skills to do so, but I think that the risk profile isn’t important in terms of being stingier or less stingy.

It's really important because it lets you be comfortable with what you're doing. In the sense that when you open a position, you already know that if it went into a loss, it would lose so and so… Also, I believe one should always be primarily focusing on what they're losing and not on what they're gaining. So, you need to get comfortable with how much you're losing. That was my secret. And then it's clear that you can risk more and earn more. What I'm more interested in...

Chelsi
...is stability.

Giuseppe
That is, for me. Then, others will do what they want. To do a contest, I would probably deviate from the rule. If one day I should take part in a trading championship, my present risk profile wouldn't be enough, more would have to be done, but I'd change for a contest, not for what is my real portfolio.

Chelsi
What's also great about this interview is that we can see how different the approaches can be in terms of risk and stability; that's very interesting.

Giuseppe
The others have a higher risk profile. But I mean,...

Chelsi
But I think there’s nothing wrong with either one or the other. That is, there are different ways of doing and approaching systematic trading. And that's fine. And how has your life changed since you achieved your goals with the training program, financially and in terms of your awareness?

Giuseppe
Well, economically, not much has changed. I mean, as I told you, I have a business, so I have another job that, I have to be honest, in the last few years, since I was studying... Because I study a lot, I have to say that I study a lot, so I am slightly slowed down in terms of my job. I devote a lot of time to trading, developing my systems, reading, documenting, and clearly reviewing the program again, as well as other things.

However, nothing has changed for me as far as that... I mean, my life has not changed in that respect. Maybe it has changed a little bit in another sense... Because when you study a lot, let's say, perhaps you neglect some of your other hobbies or other things in the family. So maybe my life has changed more in that respect, but not in terms of other things.

Because you see that I also devoted my energy to trading - to trading not as observation of the markets, but as a study, as knowledge, that is, as reading various things... Yes, that has changed. I have spent less time on my business, that's true. But fortunately, I have my wife to help me with that.

Giuseppe's advice to those who want to become traders

Chelsi
Ok Giuseppe, finally I’d like to ask you what would you say to those watching this interview and maybe are still undecided whether to join the program.

Giuseppe
So, I would say that those who see this interview and still don't know the potential of the Unger Academy training program should do it if they have the will to learn. Because without studying, in my opinion, you can't get anywhere.

And unlike the other programs, I'm talking about my experience here, the other programs I've followed, and they had highly-qualified instructors, the Unger Academy program, as I said before, gives you all the basics to be independent, independent on your own.

So, you learn to create scripts, you learn to write them. Even if you aren't specialized in computer science or programming languages. There are basics that you can develop on your own with little effort.

Then it's clear that that isn't the end of the line, in the sense that you don't just follow the program, and that's it. You're always looking for new things and experimenting with new things, but you always stay true to the fundamentals of the program.

But I recommend it because Andrea and his staff are professional. And in my opinion and in my experience, I don't think they will find other tutors who give them that foundation.

Chelsi
Great! Thank you, thank you so much, Giuseppe, for the time and energy you have put into trading so far. As always, I wish you Happy trading, enjoy, and I hope to see you soon as the winner of the Trader of the Month!

Giuseppe
In that case, we'll do another interview.

Chelsi
Yes!

Giuseppe
Goodbye everyone!

Chelsi
Thank you, Giuseppe, ciao ciao!

Need More Help? Book Your FREE Strategy Session With Our Team Today!

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.

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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.