Trading On Your Own?

by Andrea Unger

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Some believe they can learn trading without anyone's help, only through direct experience on the markets.

Of course it is not impossible, but this option raises some critical issues:

- How much time will be spent learning?

- How much money will go down the drain due to mistakes?

At the end of the journey will they really end up learning a method that works?

In this video I will tell you my personal experience about it and what I think is the best approach to learn this fantastic topic.

Transcription

Hi guys, hi from Andrea Unger.

I can learn it on my own!

This is something that I sometimes listen to from some aspiring students, so they claim they don't need any education because they can learn what I'm supposed to teach, on their own, just from the markets.

Which is fine!

Somehow I did it myself, but not really, because at the very start, I had the right guidance and tips from my friend Domenico Foti.

Without his experience and his tips, I would probably have had some hard time and maybe today I would not be here with the Unger Method™ which is what I trade with.

What is the risk of learning on your own?

But okay... now let's imagine you want to go to Paris.

You live in Milan and you want to go to Paris by car.

Okay... so normally you sit in the car, you turn on your navigation tool or you look at some maps, or you listen to the advice of a colleague who happens to go to Paris every weekend because his family is there, and you go to Paris.

But no, you don't want to use any of these means!

You just want to try to sit in your car and go and reach Paris.

So you leave Milan and after a while, you are in Bologna and you know that's the other way.

So you go back to Milan, you keep on driving and you are in Venice.

Again you know that Venice is to the east, but you have to go to the west.

So you go back and you drive... you drive... after a long while maybe you reach Paris.

Oh... now you are in Paris!

Will you get to what your goal is?

The problem is that the trip took too much time and you have no longer time left in your holidays to visit Paris.

So you have to drive back home, now you know the way to go and you will drive back.

So your final goal to visit Paris vanished.

You built up a lot of experience, you know many new places, wonderful places, places where you can eat great food, places you would avoid in the future, you will suggest people avoid.

You built a lot of experience and this is great, but your ultimate goal to visit Paris... that was not achieved, that was gone.

So somehow your path to becoming a profitable trader can be similar to your trip to Paris.

If it takes too long, you might end up having no longer time.

I don't mean a dramatic solution, I just mean that you would not have enough time or the deserved time to enjoy all the skills that you put into your infrastructure of trading, because you wasted the most important resource we have: time!

In conclusion

Time does not come back.

So if you can spare some time in getting to your ultimate goal, then you would have a great advantage and you save time obviously in getting the right tips from those who already went through their way, those who already have been to Paris, they can tell you which way to go.

Do you think maybe a "navigator" would help you get to your destination?

So if you want to go to Paris... if you want to become a systematic trader you can book a free call with one of our tutors and he will answer all your doubts.

In any case that will not be a waste of time, because it's completely free and at the end of the call you know how you can imagine yourself in the world of systematic trading and if it is something that can be for you and how to achieve it.

So the link is here.

Just book the call, it's a good investment of your time in this case, and it's free.

Ciao from Andrea Unger.

 

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.

BOOK YOUR FREE STRATEGY SESSION NOW >>

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.