Part Time Trading

Hi guys Andrea Unger here.
Trading part-time.

I’m asked sometimes if this is possible and I normally state how hard it is to become a trader and how difficult trading is, how dangerous it is.

So you might be surprised now listening to me saying that yes I believe that part-time trading is possible!… [read more]

By Andrea Unger, ago

My Trading Books

Hi guys sitting here with some books about automated trading and trading in general.

I’m asked, I’m often asked: ” What books do I recommend?”

Well, there are plenty of, these are some I read, there are many others, but I will show you some of the authors I think are worth being read and some books which in my opinion have a great great content especially for automated traders but also for trading in general.… [read more]

By Andrea Unger, ago

Larry Williams

Hi guys! What do I think about Larry Williams?

So Larry Williams obviously is the name in the trading industry, he is the only guy who was able to transform $10,000 into over 1 million in World Cup Trading Championships of 1987, so above eleven thousand percent performance and the questions I am asked some time: “Is he a scam?… [read more]

By Andrea Unger, ago

Long-Term Trend-Following

Hi guys long-term trend-following is that still working?

Who knows?

From time to time we get somebody claiming that trend-following is dead and then somebody who demonstrates that it’s not dead.

Actually there are website, blog spots where people defend or illustrate long-term trend-following and from time to time they show the profits this approach made.… [read more]

By Andrea Unger, ago

Scam in Trading

Hi guys. How to identify a scam!

Well a scam is somebody who’s taking advantage of our selves, who’s trying to take advantage promoting something that is different from what is shown.

In trading there are many so-called gurus, who are actually scams and I can tell you they have many things in common.… [read more]

By Andrea Unger, ago

Is Trading for Everyone?

Hi guys! Is trading for everybody? No!

No because there are some obstacles.

I’m not claiming trading is the most difficult job in the world.

Who works in the industry might have noticed that in office groups of employees claim that that company is the most challenging in the world.… [read more]

By Andrea Unger, ago

Real and Fake performance in trading

Hi guys hi from Andrea Unger.

Today I would like to discuss once more about performance.

I received many questions about performance and there are more questions in a direction of confirmation rather than of real asking.

People who want me to confirm that certain levels of performance somebody claimed are possible.… [read more]

By Andrea Unger, ago

Why can Trading Systems stop working?

Hi guys, hi from Andrea Unger.

Today I would like to discuss about why…a question which often happens to arise…

Why do trading system deliver worse performance in live trading rather than in backtest?

So actually this is a common question because people work, develop a trading system and once it goes live after a while it delivers poorer performance or it even becomes a loser.… [read more]

By Andrea Unger, ago

How to use leverage in trading

Hey guys hi from Andrea Unger.

Sometimes I’m asked: “How much leverage do you use?”

In my opinion this question is really dangerous.

It shows sort of a wrong attitude, a wrong approach to trading.

Just because with the leverage in mind, how much leverage, it seems like we are trying to maximize the money we have at our disposal, which is normally the money we have in our account.… [read more]

By Andrea Unger, ago