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 talk about Mirko, one of our students, who made an excellent +45% return on his initial capital in his first five months of live trading.
Mirko is a 26-year-old entrepreneur who chose trading to diversify his income.
A few months after completing the "From 0 to Trader in 8 Weeks" program and going live, Mirko won the title of Trader of the Month with a return of +17% and a profit of over €3,700 in just 30 days.
In this interview, he talks about his journey into the trading world and his experience with Unger Academy®.
Watch it now and discover:
-The reasons that convinced him to choose Unger Academy®
-What helped him the most in our training program
-The secret behind his +45% return in 5 months
-His advice to all aspiring traders
Enjoy 😎
Introduction
Chelsi
Hey everyone!!! Today, I'm here with Mirko, our October Trader of the Month winner, who would like to tell us a little bit about his experience with our training program. Hi Mirko, how are you?
Mirko
Hey, hello, good evening, I’m very good, thank you, I hope you are too!
Chelsi
Yes, absolutely. So, first, I’d like to ask you to tell us a little bit about yourself, what do you do, and your hobbies.
Who is Mirko and how he started his journey in the world of trading
Mirko
Ok, so my name is Mirko Adami. I'm 26 years old, and I'm an entrepreneur. I started a company two years ago. I run and own it, and this company is called Biliard Italy and it’s based in Verona, Italy. We build modern, luxurious billiard tables that can be converted into dining tables, so it’s a unique niche product in the furniture industry. We founded the company two years ago and it's going very well. I'm very passionate about it. You know, I come from a family that works in this industry, and we’ve revolutionized it, so to speak, by focusing more on design than anything else. In short, we are creating something new and exciting in that respect, too.
Chelsi
Oh that’s great! That’s a great challenge!
Mirko
Oh yes, now I like challenges!
Chelsi
Yes, you can see that very well! And what problem did you have before you joined our program?
Mirko
Well, let's say that the business itself is doing pretty well. Economically, everything was fine anyway. The problem was that the idea of having just one financial income that depends on just one thing, you know, it exposes you to risk. So, I was always looking for a plan B or at least the possibility of creating something that didn't always depend on me. So when I discovered the potential of systematic trading, where the time investment is minimal compared to what you can achieve with it, I immediately fell in love with the idea of slowly, let's say, alongside my main job, developing something that I then realized was very serious and also very interesting in the long term, so to say: "I'll learn it right away, I'll start doing it," until at some point, who knows, maybe it becomes my primary income or at least a side hustle that allows me to say, "I'm taking a little time off from my job, I have more free time."
And in short, that was the ultimate goal. The fundamental problem was just that I was too anchored in one job, which in some way made me too exposed to risk. So, this is an idea I've had for a long time because I've always liked trading. I just had to find the right path to suit me in the long term. In short, I had to dedicate time to learning it well and in a serious way.
Chelsi
I understand, basically you have to diversify in life.
Mirko
Yes, that's crucial!
Why he chose our program among the many available on the market
Chelsi
And why did you choose our program among the many trading programs available in the market?
Mirko
So, I'll tell you… Well, let’s say that as with everything I've done in my life, I'm kind of self-taught in the sense that my educational background has nothing to do with what I do in my life. So, I've always studied and I've always been passionate about trading. I started as a self-taught trader 5-6 years ago when I started to approach the subject.
I've read a few books, but I've never taken any courses because I've always made fun of the "guru phenomenon" who sell courses where they promise that you will earn 1,000% per month and the course costs 100€. And unfortunately, most courses are like that. I mean, 95% are gurus who sell cheap courses and make astronomical profits. And being an entrepreneur and knowing the value of an asset, I'm like, "Yeah, but if you're making all these profits on your trading, why would you sell a course for 100-200€?" So, I never took courses for that reason.
The reason that I decided to join Unger Academy is because it costs more. I said, "If Andrea Unger is a trader who makes percentages, has won championships, has made such percentages, it's obvious that he doesn’t give away his courses." So, when I saw the cost, I said, "Well, then maybe this is something I can invest in." Because unlike time, which you cannot get back and recover in any way, you can get the money back, but you still have to dedicate some time to.
And then, when I saw that he had results that were backed by proof, like the victories in the four championships he had in trading, I realized he knew what he was doing. And that was the reason why I chose him. I had no other competitors that I could ever have evaluated. I had never considered taking a trading course because I had never found anything reputable. This seemed like a reputable course to me. So, that was the assessment that I made.
His Trader of the Month win in October
Chelsi
Okay, thank you. Can you tell us a little bit about your Trader of the Month win in October?
Mirko
Well, yes, I also spoke a lot with the coaches, who were all very surprised. I mean, I've been live since July, so I've been practicing for five months. They were all a bit surprised by this result. Me too, actually, I didn't expect to get such results. But what I want to say, which is very simple, is that I'm not a geek or a computer genius. So, it's not like I've programmed a winning or amazing trading system.
I relied on the Million Dollar Database and a few strategies that I selected and created, but always using the library that’s already included in the PowerLanguage editor. I didn't bother with programming, so I didn't do anything special except carefully select the best strategies, which I did manually and not using Titan. In fact, I have yet to get started with the Titan software and I haven't used it yet for my strategies, since they are about 20.
So, I chose the strategies that inspired me the most, let's say, maybe even sometimes making some little mistakes. However, in this case, it brought me good results. And it's bringing me good results this month as well, so perhaps that's okay, but, let's say, one can always improve. One thing that has helped me get higher profits is maximizing margin utilization. I was advised at the beginning to calculate the overnight margins for each strategy and then be sure that I'm always in the margin. But in practice - and these are the things you learn when you throw yourself into the market and see what happens - I've found that the strategies rarely all work together.
And so, I "overloaded" the portfolio to a certain extent. In other words, I exposed myself a bit more, but I never reached the margin call, let's say. I didn't even get close to it. But by using many more strategies, my results went up a lot more, and, more importantly, I diversified more. Because where you might have 20 strategies with, let’s say, €30,000, I have 30. And yes, it could be that if I happen to open them all together, I might go to the margin limit, but it isn't that easy. I've rarely seen that happen, so I've made the most of all the strategies in my portfolio.
And that's why I have a low drawdown because they work in synergy and they help each other. The ones that go well can make up for the losses of the ones that go bad. And so, the drawdown is always controlled. However, when they all do well, together, then you make the big numbers. So that's it. Nothing special, I just used what's already available on the platform. I didn't do anything out of the ordinary.
Chelsi
But with the selection...
Mirko
Right. Well, for that, you have to figure out how to pick them. I mean, when you look at them, you have to look at them one by one. You open the charts and see if you like the equity line, if the average trade is large enough, if the historical performance is satisfactory... I always look at one year of historical results first to figure out the consistency of the strategy. And then I look at the last year because, after all, every year is different. So, if a strategy has done well for ten years but has been negative for the previous two years, I don't consider it. I put it aside and wait until it recovers, maybe when the market is changing, and so it's time to change. But that never happens overnight. However, you can do it every month or every other month and keep an eye on them.
Of course, Titan should do this task for me, too, but as long as I don't have to trade with €1,000,000, it's easy to do it manually, in that sense. Also, because it's fun, that's the coolest part for me. Usually, you have to watch what the strategies do. You don't have to do anything. It's nice when you have to take one in your hands and say, "Should I put this one on the team or not?" And then you do all proper evaluations.
What helped him the most in the program
Chelsi
Great, Mirko! Okay, is there anything in particular in our program that helped you?
Mirko
Yeah, definitely money management in general and risk management more in detail. Because whenever I've traded in the past, I've always skipped over that part. So, from the very beginning, I liked risk control and diversification, which I take very seriously.
What results he achieved after completing the program
Chelsi
Excellent, thank you very much. And what results have you achieved after applying what you've learned from the program and the different modules?
Mirko
Well, like I said, I more or less went live in July, so the first two months were a bit of a test. Because I had just finished the first program, the short program called "From 0 to Trader in 8 Weeks", if I'm not mistaken. Anyway, I've been doing well, because I made +4% in the first month and -3% in the second month. But after that, I had a much better start when I finished the program at 100%, and I'm now at +45% profit.
Chelsi
Wow, great!
Mirko
Yes, in five months, that’s very interesting. Let’s put it this way: once you put it into practice – well, I was pretty lost at the very beginning. I understand the newbies. When I started, getting started with the platform isn’t straightforward, so you must deal with something that is new... In the past, I traded on Metatrader, which is a bit easier. If you go into MultiCharts, and have this open on one side and TradeStation on the other. I mean, you lose track a little bit and get discouraged because you are like, "But what do I have to deal with here?" Then, once you understand the basics a little bit, it does become easier than it looks.
Chelsi
Yes, even if you practice and try a little, you’ll understand more.
Mirko
Right.
Chelsi
And how has your life changed since you’ve achieved these results? Not just economically but also in awareness?
Mirko
Well, economically, it hasn't made a massive difference for now, in the sense that we're still talking about thousands of euros of profit. Hence, they can help, but it's more of a peace of mind to say, "Well, I've found the serious path that I can pursue in the long term." I've been looking for this for years, and I know that I can invest time and dedication and focus on it. So, it's really changed my perspective and now I can say, “Okay, I'm glad I have my business; I will keep it forever. But in the meantime, I know I can build something solid on this side”.
Chelsi
Great, great. Where do you think you’d you be now if you hadn’t chosen our program?
Mirko
I’d certainly be constantly looking for another solution! I might be at the same level as I am now, but still looking for something that could give me exactly the consistency that this path can be in the long run. So, I'm glad that I decided to take it, and yeah, that's it.
His advice to those who want to become traders
Chelsi
We’re very glad about that as well. And, last question: What would you say to those who are watching this interview and are perhaps still undecided whether they should join the program or not?
Mirko
Well. It's a difficult decision because you know, it's a financial commitment, right? But if someone has an entrepreneurial or risk-taking mindset, they know that they need money to make certain decisions. And to return to what I said at the beginning of this interview, if you want to do something well, you must invest time and money in it. And that's why I recommend this program to everyone because you can start with little, but you know that it can bring you a lot in the long run and you’re sure that you’re doing, in short, a serious thing, which is studying. If you study, of course, if you pursue it seriously.
So, I know this is a decision that everyone must make for themselves. But I’d advise everyone to get over fear and get into it as soon as possible because I know many traders who told me that they spent years on the theory. I bought the program in March and by July, I was already live. And by November, I was at a return of +45%. I could still be there learning because I want to know everything perfectly.
But if you don't get practical too, you get tired of it, don't you? Why keep taking courses if you never see results, never go live? You get bored! One piece of advice I give everyone, even those who may have just started, is to go live as soon as possible. With little capital, of course, because it’s safer if you make a mistake... I, too, made a mistake in my first month and made -5%. Nothing serious, but I did it with maybe $5,000. If I were to do it now, it might be riskier. So to go live with even a small capital helps you a lot to see what happens and learn how to trade properly.
Chelsi
Very good! Thank you very much, Mirko. I also hope to see you as a winner in the coming months!
Mirko
I hope so! Many thanks to you! Thank you very much for this interview. I really enjoyed it, and we’ll definitely talk again.
Chelsi
Great, thank you!
Mirko
Thank you, have a great evening.
Chelsi
Have a good evening, too!
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.
