The Basics of Automated Trading with Andrea Unger, Ep #74

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Andrea Unger has won the World Cup Trading Championships four times—the only person to ever achieve that distinction. How did he do it? By embracing an automated trading system. In this episode of How To Trade It, Andrea shares why automated trading is better than discretionary trading, how to find a consistent strategy, and much more. Don’t miss it!

You’ll want to hear this episode if you are interested in...

• [1:20] The World Cup Trading Championship
• [6:59] Automated trading strategy vs discretionary trading
• [13:24] How to find an automated strategy that’s consistent 
• [23:08] How important is the market that you’re trading? 
• [26:15] The Monte Carlo Simulation
• [30:26] A simple strategy for traders to start with
• [33:51] Learn more about the Unger Academy

Resources & People Mentioned

• Get FREE training from Andrea Unger

Connect with Andrea Unger

• The Unger Academy
• Connect on LinkedIn
• Follow on Facebook

Connect With Casey Stubbs

• Website: https://caseystubbs.com
• YouTube: https://www.youtube.com/TradingStrategyGuides
• YouTube: https://www.youtube.com/caseystubbs
• Twitter:  https://www.twitter.com/caseystubbs
• Facebook: https://www.facebook.com/TradingStrategyGuides
• LinkedIn: https://linkedin.com/in/caseystubbs

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Disclaimer: Trading carries a high level of risk, and may not be suitable for all investors. Before deciding to invest you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment. Therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.