Why Inefficiency Trading is a Waste of Time

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Hi guys, hi from Andrea Unger.

I became a trader after trading inefficiencies.

Why not researching more inefficiencies?

Well, some of you know all started by trading Cover Warrants in Italy, they showed late quotes because of software of market makers and it was a video game to make money because you just needed to make fast maths to know the right price and understand how the instrument was moving.… [read more]

Sell, Gain and Regret!

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Hi guys, hi from Andrea Unger.

There is a sentence in Italy which is “Sell, gain and regret!” which I could not find in English.

So I don’t know if this exists or not in English, normally the Italian sentence is associated with “Sell in May and go away”, which is a completely different thing but they put them together, but I want to talk about this Italian sentence which is “Sell, gain and regret” where the meaning is “sell”, take your profits and then eventually if the instrument you have goes higher or lower depending on the position you had, and you could have made more money, simply regret but don’t care about it, the important is you put some money in your pockets.… [read more]

My 2018

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Hi guys, hi from Andrea Unger.

What I want to show you today, we are close to the end of the year, is what happened in trading, in general, for myself, my systems and related to trading in 2018 so let’s go…

First of all, this picture is the Barclays CTA indexes, this is published from Barclays and it’s a snapshot on the performance of a group of CTA, commodity trading advisors, manage futures actually and they have different groups here.… [read more]

How Did I Become a Trader?

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Hi guys hi from Andrea Unger.

How did I become a trader?

I’ve often discussed this, but I’m also often asked so let’s go a bit back.

In ’97 I was working for a multinational company and talking to friends we started investing in some stocks and I did make money, so of course, I was happy and afterward I also purchased shares from the company I was working for convinced it was a good company and it was.… [read more]

Is Trading Convenient?

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Hi guys, hi from Andrea Unger, is trading convenient?

This question has been often asked to me, I also discussed recently on Facebook about this and sometimes people also tell me that I say some contradictions when I talk about trading, because most often you might have noticed it, certain people who send me emails notice that, I try to keep people away from trading.… [read more]

Worst Case Scenario

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Hi guys, some words about “worst case scenario”.

So “worst case scenario” is that situation that is the most dramatic we could expect in a strategy.

It could be evaluated as the stop-loss or the maximum historical loss of a strategy we put in place, the maximum drawdown, some parameters we consider and consider it’s worst condition to decide how big we should be in the market, so to decide how many contracts, how much capital to put in the next trade.… [read more]