Andre can be said to be experienced in getting a good ranking in the firm trading competition. Recently, the World Cup Trading Championship and Futures Daily National Office Trading Competition launched the first Global Cup Derivatives Office Trading Championship. Andre is not only interested in this, but also shares his winning secret as a passer-by and a contestant for so many years: stick to and trade yourself, and never change your plan easily because of other people's achievements.
Challenge yourself? Competition contributes to the improvement of psychology and technology.
Real competition is a good training for traders, both technically and psychologically, and can be promoted under the pressure of competition.
According to the reporter, as a former mechanical engineer, unger applied what he had learned to engineering and technical marketing before becoming a trader. By chance, he participated in the transaction and profited easily from it, which is also the reason why he became interested in the transaction.
In the next few years, influenced by the nature of his work, although he could only run trading at a little time before work or lunch every day, he found that he had great potential in trading. As long as he did well enough, he could no longer be restricted by others. So, in April of 20001year, he resigned from his full-time job, left the stable and high-paying job that many people envied, bid farewell to the 30 employees he managed, and began to take risks and try to be an independent full-time trader.
Of course, his years of study and experience as an engineer were not in vain. He gradually integrated these into the transaction and built a set of trading methods that can be profitable continuously. On this basis, he began to explore and develop his own trading system.
In 2004, unger participated in Lajus Wilhemlms, a world trading master and former World Cup trading champion. Williams) trading seminar. Encouraged by Lajus Wilhemlms, unger participated in the World Cup Trading Championship for the first time in 2008, and became the first Italian trader to win the World Cup Trading Championship futures group with a yield of 672%.
The reporter learned that before this, he also participated in the European Top Traders Championship and won the competition with a profit of more than 60% in three months. However, the reason why he will participate in the World Cup Trading Championship four years later, unger said: "The competition spanning one year was an excellent challenge for me at that time."
In 2009, he won the World Cup trading champion futures group again with the yield of 1 15%; 20 10 used three accounts to participate in the world cup trading championship at the same time, and these three accounts finally won the first, fourth and fifth place respectively; In 20 12, he won the world cup futures foreign exchange group for the fourth time, becoming the only trader who won this honor for four times in the history of global trading.
In unger's view, traders can often grow rapidly by participating in trading competitions. Because participating in the trading competition can not only test your own system and technology, but also sharpen traders' psychology and help traders learn more about themselves while constantly challenging themselves. "Winning the competition not only proved my trading ability, but also exposed me to more skilled and well-known traders. This is conducive to the exchange of trading ideas. To know that' three people must have a teacher', we may learn some ideas from others, thus changing our perspective on the world and thus affecting our trading philosophy. " He said so.
"My trading system has gradually improved in competition after competition, especially in 2008 and 2009. Although I won the game, I am not very satisfied with my trading system. " Unger told the reporter of Futures Daily that, for this reason, in the 20 10 competition, he made a bold attempt and used three different kinds of accounts to participate in the World Cup trading championship, and finally won the first place (ordinary account for trading E-mini Standard & Poor's 500 index futures, German DAX index futures, euro foreign exchange futures and crude oil futures) and the fourth place (radical) respectively.
"Actually, before this, I noticed the necessity of diversifying risks, which is why I added crude oil to cover the energy sector in addition to index futures and foreign exchange futures ... By adding new sectors, even if the index did not fluctuate too much in a certain period of time, my system can still trade normally." Unger explained.
Stick to yourself? Don't change your plan easily because of other people's achievements.
Unger told the reporter of Futures Daily that he was very interested in the China market. After all, after decades of development, China has become the second largest economy in the world. Although the financial market is still in the early stage of development, it has great potential. I hope I can participate in more varieties with China characteristics in the future.
Regarding the participants in this joint competition, unger said that participating in world-class competitions such as the World Cup Trading Championship will not help us much technically, but it will enhance our ability to understand the market and discover market changes. But this requires traders to remain modest and cautious all the time, because only by knowing and understanding the market with respect can we truly realize the risks and survive in this market for a long time.
In fact, although in order to get more benefits within a specified period of time, risks are often amplified to the maximum, but in daily transactions, risk management is very important and needs to have a clear boundary and be controlled.
As the only trader who has won the World Cup trading championship for four times in a row, unger believes that in order to win such a competition, there must be enough precipitation first. Only by working hard and doing a lot of research can we understand different market behaviors more quickly and understand the real situation of the market, and also have the opportunity to establish our own trading system.
"When you participate in the competition as a contestant, traders need to constantly monitor their rankings and cannot change their trading plans because of other people's achievements. In fact, only under extremely special circumstances will traders consider whether to change their plans, otherwise sticking to the plan will be the best choice. " Unger said.