Why You Need to Stay Sharp
Hi from Andrea Unger. What has been working for a long time in trading, not always keeps on and produces profits today.
Why? Well, efficiency. Efficiency of the markets. Techniques that showed a very good shape in the past are no longer good or acceptable today.
We have to understand what to do today and what are the trends in the market of trading, what are the trends in terms of what is really working.
Artificial Intelligence in Trading
Somebody talks about artificial intelligence, AI, and I also saw some ads promoting tools based on AI who promise to make money every day, every minute.
Well, I smile because obviously this is not true. I mean, there is no magic tool where the AI internally makes decisions on our behalf in terms of trading. I can tell you that as of today, AI is not yet at the point where it makes decisions, trading decisions, instead of a trader.
AI is used in the trading world. It’s used both on the side of retail investors, but also on the institutional side, but in a completely different way.
It is used because of its capability, of its power in terms of working around big data, and of managing really a load of information that normally a human being is not capable of, or is not capable of in a reasonable time.
AI is able to do this in a very efficient and fast way. This is on the institutional side where it is used to analyze the market to gather a load of data that they can scramble and understand what’s behind.
And then, the traders, the human beings make the decisions out of the outcome, of the output of the machine to trade. It’s not the AI deciding. AI is just doing the dirty work. It’s just analyzing all the numbers.
On the retail side, if you are a programmer, developer, you know that AI can really help you to speed up your ability on preparing a code, a software. Obviously, it’s used in many occasions to write down a piece of code to get tools, again, to help the trader to trade, not to trade on his or her behalf.
This is very important because we don’t have to be misled by the idea that the machine is so fit, the machine is so wonderful, so the machine can make money instead of us.
What Should You Do?
Now, it can help us to work efficiently, to work faster, to work better, and to work with a smaller number of mistakes, because we are human beings and we are still making mistakes.
But we can cut a part of it thanks to the artificial intelligence. This is the status of the art somehow, but it’s not the only part.
We have to be aware of what is going on and the right place to better understand what are the trends of the moment, where trends of the moment are meant not as the fashion, but trends in trading, what works and what will be working in the next months and years.
Why Come to Padua in April 2026
The right place to understand this is Padua, Italy, April 2026, from the 17th to the 19th. The second Unger Summit Live. We had our first gathering in 2024, it was great, but it was only for Italians.
This time, we are equipped to get also a translation into English. So all the international guests are welcome. It’s the right place to learn about what has been working, what is working, and what will be working tomorrow.
Who Will Be There (3 World Trading Champions)
Padua, 2026. Andrea Unger, of course, all the Unger Academy, but also two world leaders in the trading environment.
I can tell you, Michael Cook, World Cup Trading Championship winner in 2007. Then he won again a couple of years later, and he also won in the stocks division. He’s really a global trader, I might say, and he has a lot of knowledge.
And Kevin Davey. Kevin Davey is a name in the systematic trading environment. I think everybody who has approached somehow systematic trading knows Kevin, who is a great guy and really on another level.
The two, together with Andrea Unger and all the Unger Academy, are welcoming you to discuss about trading, to learn what is working today and what is promising to work tomorrow, because this is our aim: to understand what to do tomorrow, and we want to do it the best way possible. The right place to learn about this is Padua, April, 2026, from the 17th to the 19th. See you there. Ciao from Andrea Unger.
