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 >>Hi guys, hi from Andrea Unger! Are trading systems really that difficult? Do we actually need NASA technologies and tools to develop profitable trading systems? Or can we succeed using simple setups and good sense?
There are many communities on the internet in which people talk about the application of complex methods and softwares to create profitable trading systems. But is Python the solution? Is MATLAB what we actually need? Is R the only way to elaborate complicated statistics? Do we need to program in C# to get faster systems?
My question is, are these tools really necessary to become successful traders, or are they just a funny justification? Something like “I can’t do this, so I will never be profitable”? I think the second option is the more likely.
These are only justifications, they are just excuses. These tools are exceptional, but we do not really need them. If you know them and can use them, perfect. Use them and enjoy yourself with them. You will probably create good trading systems. However, they are not necessary to become successful traders.
There are lots of easy setups you can create, develop and test. There are many things you can study without any knowledge of very complicated tools. We do not need to learn them.
The only thing we actually need to apply is some good sense. Sometimes, a simple breakout of the high of yesterday (there is a post about this in the blog) can be as effective as a complicated setup or a statistical research.
So, stop being worried and start developing your strategies! You only need common sense, basic knowledge and simple setups. Believe me, it works, so go ahead!
Ciao from Andrea Unger, see you next time!
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.
