Investing in Gold

by Andrea Unger

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Transcription

Hi guys, hi from Andrea Unger! Today, I would like to answer to all those people who often ask me what is my opinion about the Gold and if I think that investing in Gold can be convenient.

Some people, when they know what I do for a living, start asking questions.

Professional journalists on TV channels or at Expos ask me things such as "Where do you think the e-Mini S&P will be in one month?" or "Do you think this is a good moment to invest in gold?" Friends ask me "Oh, could you give me some tips? What stocks should I buy right now?" and so on.

I’m sorry to say that I can't answer these questions.

Why I Can't Tell If Investing In Gold Can Be Convenient

First, I don’t know the fundamentals of economics enough, in order to have an idea of what kind of moves would take place.

Second, my approach to trading is systematic. This means that I study how the markets move and I try to take advantage of it. So, I don't care where a market will be in one month or so.

I just try to move the best I can seeing how the markets are moving in the present. In Systematic trading, you don’t forecast market movements. You simply follow what the market is already showing, you follow the trend. So, you don't need to guess what the trend will be.

These are the reasons why I can't tell you if it's a good moment for investing in Gold or where the e-Mini S&P is heading up in one month.

I'm simply trying to do the best in a day-by-day environment.

Goodbye from Andrea Unger and stay tuned!

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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 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.