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 >>
Thomas Thurzo is a good and very nice student of Unger Academy who managed to earn € 27,000 in 9 months with Automated Trading.
Thomas, in the span of 6 years, has followed courses of various trading coaches and tried to apply different approaches, unfortunately without obtaining the desired success.
After attending my Master's in New York and joining the Unger Academy programs, the breakthrough finally came.
His positivity is contagious, and in the course of this interview, the awareness of having taken big steps forward on the path to becoming a successful Professional Trader is very clear.
I advise you to listen to him carefully.
- Who are you, what do you do for a living and how long have you been training?
So, my name is Thomas. I'm from Austria, and I live in Vienna. I'm 44 years old and I'm a full-time trader. So, I've been trading full-time for 6 or 7 years, but I'm profitable since last year.
- Why did you choose Automated Trading?
I think that automated trading is "The approach".
Okay, before I started with automated trading, I tried a lot of different things: Fibonacci, Gann relations and, you know, all the crap that was available.
I've tried everything.
But automated trading is the approach that makes the most sense to me from a logical point of view, because I think the possibility to backtest and optimize a trading approach and a strategy it's a huge advantage compared to somebody, for example, a discretionary trader, who has to do everything live.
So, of course, I know a lot of people who are complaining about backtesting.
They say: "Okay, there's no guarantee that it will work in the future."
But I always ask them then: "Okay, but do you want to trade a strategy that has not worked even in the past?".
To me, automatic trading makes the most sense. That's why I chose that approach. And one more important thing, it's the first thing that worked, I made money with it!
That's also important, that's why I chose this.
- Which markets do you trade and why?
So, I trade the most common futures. I trade only the future markets and those most commonly available, 30 future markets.
So,I think, to trade automatically, the futures markets are the best choice because of diversification.
There is crude oil, gold, heating oil, and so on.
- How are you structured? Which platform, broker and data feed do you use?
Oh, I am using Trade Navigator. That is my main platform. I have, also, MultiCharts, but I use it more for development.
And I have Ninja Trader, but I don't use Ninja Trader anymore because coding in C# is a great thing, but I found Easy Language in MultiCharts much easier.
There is a trading language for Trade Navigator, it's called Trade Sense.
It's also a programming language created for trading.
And I think it's much easier to code with that type of coding language. So, that's why I choose Trade Navigator.
I'm using it now for six years. I like it. I'm very happy with it. So, I'm used to it. That's also important, I think there is a big advantage compared to other platforms, as MultiCharts with Easy Language.
I think Easy Language is the best language for coding trading. And I have an account with Interactive Brokers for 6 or 7 years.
My data-feed is IQ Data.
- What course did you attend at Unger Academy?
I bought all of the courses available there. So, that's an easy one, and I'm pretty sure I will buy any course that is available from Andrea Unger.
I think it's a high-quality course. I mean, to be honest, his courses are a blueprint to a money printing machine.
I will never understand why he is giving away so much knowledge and information for so little money.
I think you can buy it for... I don't know what price it is... I don't remember...and you get so much detailed information, so, it can make you money.
To be honest, I will never understand that from Andrea, why he is giving away that knowledge, but I bought it and I'm very happy with it and I can recommend it to everybody who is interested in automated trading.
But, don't get me wrong. It's not that type that you buy the course, copy and paste the strategy and then you make money.
No, it's not working like that. You have to study the material. So, I think I watched his courses 20, 30, 50 times, and I still do not have absorbed everything, what's on the information, what's available, or what's presented for me.
So, you really have to study that material in order to understand it, in order to... Okay, I don't know the word in English... whatever, but it's good, okay?
- What was your main problem before you joined this course?
My main problem was the lack of consistency.
So, I think I bought a lot of courses, took a lot of seminars, bought a lot of books and I studied all this material presented from the course, or the book or whatever, and then I did a lot of manual backtesting, and then I found something else. During the time, I tried to trade according to the approach I was studying. I found something new, give up the other one, and started something new. And that has happened every two months or so, I tried something new. And so, the lack of consistency was the problem.
To overcome that with automated trading... I have the possibility to overcome that because you develop a strategy and it runs, ok it works. If it does not work, you move on.
And then, that's it. The strategy is running in the machine and you can focus on developing new things.
So, this is also a reason why I chose automated trading.
- What solution did you achieve through the course?
So, it's not particularly from the course.
The solution for me was the whole approach with automated trading.
So, I found the solution with Andrea's approach, it's very detailed. You get very detailed information on his courses, and you can really duplicate what he's saying.
He gives a lot of examples, everything. And you will be able to build strategies from scratch and turn that into a money-printing machine. So that was the solution.
- Why did you choose one of Andrea's courses and not one of other trainers?
I bought also from other trainers...I bought other courses, but I can easily say that Andrea Unger's course is one of the best because it's very detailed.
It's not... it's without any mumbo-jumbo, or psychological or whatever you can read and find in other places. It's very detailed, it's very well explained and it's from zero to pro... You find everything that you need in order to become profitable.
To be honest, you don't need anything else. But I have also bought other courses and there are few others good out there though, but I think no one is so detailed and so well explained like Andrea's ones.
And then, you can really see that it's from a real trader, not from somebody who likes to talk about trading.
If you watch the course and you trade for yourself, you will find the details that you need only if you trade for yourself and you see that they must be from somebody who is also trading with real money...
- If there was one, what was your main concern which in the beginning prevented you from buying this course and then has proved to be wrong?
Oh, because it was cheap. I'll be honest.
I know it sounds like bad advertising. But to be honest, like I said, I don't understand why he is giving away so good material for such a low price.
So, that was the main thing why I was skeptical, because I thought it will be bad - Yeah, that was the main thing.
But he proved me wrong.
- What results did you achieve with trading after attendance to the course?
So, I have an account with €300,000, but I'm trading only €100,000 with the automated trading approach.
With the other €200,000, I do some stock trading and options trading, but not automated trading.
So, I started with €100,000.
I started on the first of March 2017 and it was 9 months ago. I started with one strategy, and I later added new strategies.
I'm now up to 38 live strategies and I have over 40 strategies in incubation, and so far I gained, I think €27,000 or €29,000.
It fluctuates every day, sometimes up, sometimes down. But today, I'm up I think €27,000 or €28,000.
Oh yeah, that's my performance. So, if you calculate it, with a €100,000 account, it's close to 30% that I have achieved in 9 months.
So, I am very happy with that and I hope it goes like that in the future too.
- What has been the one thing most responsible for these results?
The most responsible for those results, I think it's Andrea's course. So, what I have learned from him, I mean not 100%, but I would say I'm applying 90% of what he taught me in his course.
I think that was the reason why I achieved that money.
- What did you like most about the course and why?
And like I said, it's also rich in details. He explains everything in detail. So, you really can duplicate it. You really can do what he presented in his course, and you can put it into practice. You really can. He explains to you exactly what to do, and you can do that.
So, that's what I liked the most about his course, because there are a lot of courses outside and the mentor is teaching something and you have to guess what he means, it is not that well explained or it's not clear enough, it lacks information and so on.
- To whom would you recommend this journey and why?
So, I would recommend that journey to everybody who is interested in automated trading.
So, if you are interested in automated trading, this course is, I think, in the first place. So, you will really learn everything about position sizing, money management, creating strategies, of course, everything. I can recommend that to everybody who wants to be an automated trader.
A lot of people are afraid of automated trading because of coding but I think coding is not the main problem with automated trading. So, I think we can learn that very easily. Languages like Easy Language with Trade Station and MultiCharts are very easy to learn and understand.
And I think it's very similar to writing a book. So, learning to write, is very easy. But if you want to write a bestseller I think that's what make a difference.
- What advice do you want to give to people still looking for their own way of trading?
Oh, that's not really any advice I can give to other people because when I think about trading, I want to become the best trader. The first place is mine. So, for everybody who wants to become a trader, second place is the best you can achieve.
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 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.