The Unger Games - Trading Tips by the 4-Time World Champion

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501

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Aug 2026

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About the show

All audios from videos by Andrea Unger, the only 4-time World Trading Champion.

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60 recent

August 18, 2026Episode 5028 min

502 Why a Trading Ecosystem Is More Effective Than a Standalone Course

Want to learn more about systematic trading? Click here to watch the FREE Masterclass! A trading course can teach you a method, a strategy, or a setup. But what happens when the lessons end and it is time to start trading for real? Going from beginner to active trader involves much more than learning a single method. You need to choose the right broker and platform, learn how to use your tools effectively, develop and validate strategies, and understand how to handle the inevitable challenges along the way. This is where the difference between a standalone course and a trading ecosystem becomes clear. An ecosystem brings together education, methodology, tools, support, and interaction, allowing traders to approach every stage of their journey in a more structured way, from their initial training to live trading. In this episode, Andrea explains why a traditional trading course is not always enough, the most common mistakes beginners make, and what it really takes to build a complete trading process. This is not about miracle formulas, foolproof trading bots, or shortcuts. It is about a structured, verifiable path for anyone who wants to approach systematic trading with a scientific mindset. Enjoy!

August 11, 2026Episode 5015 min

501 From $10,000 to $1.1 Million Larry Williams' Real Secret

In trading, extraordinary results immediately grab people's attention. But the final number is not always the most valuable part of the story. Sometimes, the real value lies in the method that made the result possible. Larry Williams' story is one of the most remarkable examples. In 1987, he started with $10,000 and finished the World Cup Trading Championships with more than $1.1 million , delivering a performance that is still discussed throughout the trading world today. A result like that might look like the product of a one-of-a-kind insight or a single lucky trade. In reality, two very specific elements were behind it : strategies built on precise rules and extremely aggressive position sizing . That is where the story becomes especially valuable for anyone who studies the markets. The risk Williams took magnified his profits, but it also made the journey far more difficult than the final result suggests. In the video, Andrea Unger explains the dramatic swings Williams experienced during the competition and shares a little-known episode that could have radically changed the outcome . The lesson, however, is not about chasing extreme returns or copying such an aggressive approach to risk. The key point is different: an individual strategy may stop working, while a rule-based process allows traders to search for new ideas, turn them into testable logic, and evaluate them using data. Larry Williams' story also includes a particularly revealing detail. Years later, his daughter Michelle applied the same underlying principle in the very same competition . It helps explain why rules, unlike intuition, can be studied, taught, and replicated. From Larry Williams, the video then moves to Jim Simons, the mathematician and founder of Renaissance Technologies who took the quantitative approach even further. In his work, every potential statistical edge became a hypothesis to translate into rules, test, and use only when the data supported it. Their paths were very different, but they shared the same core idea: in trading, the true advantage may not lie in today's rule, but in the process used to build, test, and update rules over time. So what was the real secret behind such extraordinary results? And what can traders learn by comparing Larry Williams and Jim Simons without chasing unrealistic returns or taking excessive risks? Listen to the full episode for Andrea Unger's analysis. Enjoy listening!

August 4, 2026Episode 5004 min

500 From Financial Advisor to Systematic Trader_ I Outperformed the Funds I Managed

Want to learn more about systematic trading? Click here to watch the FREE Masterclass! Does knowing the financial world necessarily mean knowing how to trade? Before becoming a systematic trader, Alessandro Lomonte worked as a financial advisor, primarily dealing with long-term investments. Personally, he occasionally bought stocks, but without following a specific method. Things changed in 2021, when he discovered Unger Academy. Andrea Unger's reputation, the professionalism of the team, and the structure of the program immediately gave him confidence. Once he began the program, his interest in the markets developed into a genuine passion. Alessandro put his head down and started studying, dedicating time and effort to developing the skills required to trade the markets. His first few years of live trading allowed him to gain experience and learn from his mistakes. Since 2023, however, he says he has achieved returns that are "well above average" and even better than those of the funds he managed in the past. But for Alessandro, the most important result is not purely financial. Today, he works in the world of soccer, but he considers trading his "spark": a passion that gives him a deep sense of personal fulfillment. In this interview, he shares his journey from financial advisor to systematic trader, the results he has achieved, and why he says trading has changed his life. Enjoy!

July 28, 2026Episode 4997 min

499 AI in Trading - Can It Really Build Reliable Trading Systems?

Want to learn more about systematic trading? Click here to watch the FREE Masterclass! Artificial Intelligence can write code, analyze vast amounts of information, and generate ideas in seconds. But can it also build a truly reliable Trading System that is ready to go live? Today, tools such as ChatGPT, Claude, and Gemini seem to offer enormous potential for trading. We can ask AI to develop a strategy, write the corresponding code, and even generate backtest results. However, this does not necessarily mean that the results are accurate. At Unger Academy, we have tested Artificial Intelligence for developing Trading Systems and tools designed to support traders in their work. The results were interesting, but they also revealed some significant limitations. In one of our first tests, for example, we asked AI to develop an intraday strategy for Crude Oil. The system returned seemingly accurate data and performance metrics. However, when we analyzed the results, we discovered that the backtest had been conducted using data that did not match the market's actual historical performance. This is precisely the problem: AI can produce convincing answers even when the information it uses is incorrect. In trading, relying on unverified results can be particularly dangerous. A seemingly profitable strategy could be based on inaccurate data, unrealistic trading conditions, or calculations that fail to account for commissions, slippage, and liquidity. This does not mean that AI in trading is useless. On the contrary, it can be an extremely powerful tool for generating ideas, writing and debugging code, automating certain tasks, and accelerating the development of new tools. However, using AI in trading correctly requires the skills needed to formulate the right prompts, verify the results, and identify potential errors. Moreover, a single Trading System, even a valid one, is not a complete trading solution. Building a more robust approach requires diversified strategies, reliable data, testing, validation, risk management, and a structured development process. Artificial Intelligence can therefore support traders and make their work more efficient, but it cannot replace knowledge, methodology, and experience. In this video, Andrea Unger, 4-Time World Trading Champion, explains what AI can currently do in trading, its main limitations, and how it can be used within a controlled and informed development process. Enjoy!

July 21, 2026Episode 4987 min

498 What Can We Learn from History's Greatest Traders_

Want to learn more about systematic trading? Click here to watch the FREE Masterclass! What do some of the most legendary and profitable traders in history have in common? Talent? Intuition? The ability to predict where the markets are headed? The answer is very different from what you might expect. Many of history's greatest traders built their success by following clear rules, relying on method rather than emotions, and progressively reducing subjectivity in their trading decisions. This evolutionary process laid the foundations not only for mechanical trading but also for modern systematic trading. Of course, not all of them did it in the same way. Nicolas Darvas was a professional dancer who traveled the world for work. Ed Seykota is considered one of the pioneers of modern systematic trading. The Turtle Traders, on the other hand, were ordinary people selected to take part in one of the most famous experiments in trading history. What makes their stories particularly fascinating is that they did not trade in the same way. They operated in different eras, traded different markets, and used different tools and strategies, yet they all shared the same philosophy: building a set of clear rules and removing as much subjectivity as possible from the decision-making process. It is a principle that still represents one of the cornerstones of both mechanical trading and modern systematic trading. In this clip from Unger Academy Summit Live 2026, Andrea revisits the stories of some of history's most celebrated traders to show how method, discipline, and risk management contributed to their extraordinary achievements. Enjoy !

July 7, 2026Episode 4977 min

497 Why Two Former Formula 1 Engineers Now Work in Research & Development at Unger Academy

Want to learn more about systematic trading? Click here to watch the FREE Masterclass! What are two former Formula 1 engineers doing in the Research & Development department of a trading academy? The answer has nothing to do with engines, race cars, or the glamour of the paddock... It's all about the mindset. In Formula 1, one wrong decision can cost millions of dollars. That's why there's no room for opinions, gut feelings, or the classic "I think." Every decision is based on data, testing, procedures, and analysis carried out by dozens of engineers. When a driver asks over the radio whether it's time to pit, nobody answers based on instinct. Behind that decision lies an enormous amount of research, simulation, and analysis completed long before the lights go out on race day. That's exactly the mindset that led us to bring Davide and Pierluigi into our Research & Development team. Both worked at the highest level of motorsport, contributing to the development of Formula 1 cars. Today, they apply that same scientific, data-driven approach to quantitative research in the financial markets. Of course, Formula 1 and trading are two completely different worlds. What they have in common, however, is the decision-making process. In both cases, success doesn't come from having the best intuition. It comes from building a system capable of turning data into objective, repeatable, and verifiable decisions. That is the philosophy behind our Research & Development team, and it's the same philosophy we strive to pass on to our students every day. In this clip from Unger Academy Summit Live 2026, Davide and Pierluigi share their professional journey, explain what really happens behind the scenes of a Formula 1 team, and reveal which principles from that world they still apply today in quantitative trading research.

June 30, 2026Episode 4962 min

496 Systematic Trading_ How Stefano Found a More Stable Approach

Want to learn more about systematic trading? Click here to watch the FREE Masterclass! An IT technician working for a private company, Stefano has been passionate about the financial markets for more than ten years, dedicating his spare time to trading. For many years, he traded discretionarily. The problem, however, was always the same: keeping up with the markets, following the news, and staying on top of constantly changing market conditions. Periods of gains were inevitably followed by more difficult phases and inconsistent results, making trading increasingly stressful and frustrating. Determined to improve and continue learning, he encountered another major challenge: figuring out who to trust. With so many unrealistic promises and self-proclaimed experts, finding someone with real experience and a serious methodology was far from easy. Things changed when he discovered Andrea Unger and learned about his four World Cup Trading Championships victories. From that point on, he decided to dig deeper and embarked on a journey based on education, methodology, and practical application. His goal wasn't to find shortcuts, but to build a more solid approach and achieve more consistent results over time. Today, Stefano approaches the markets with greater confidence and peace of mind. He continues to study and is further diversifying his portfolio, adding options strategies alongside his traditional approaches. In this interview, he talks about: 👉 the challenges he faced after more than ten years of discretionary trading 👉 why finding a serious methodology became his top priority 👉 how his approach to the markets has evolved 👉 the importance of diversification and risk management 👉 why he now experiences trading with less stress and greater peace of mind A testimonial for anyone who loves the markets but is looking for a more structured, rational, and sustainable approach. Enjoy listening!

June 16, 2026Episode 4952 min

495 Trading As an Engineer: Why Risk Management Comes First

Francesco is a commercial director for a multinational energy company and, above all, an engineer accustomed to making decisions in complex and uncertain environments. For years, he maintained a strong interest in the financial markets, approaching trading mainly through discretionary investing and focusing primarily on stocks. At some point, however, he realized that something essential was missing: a method. How could he turn his interest in the markets, his research, and his analysis into a structured and repeatable process? That question eventually led him to Unger Academy: to learn a rules-based approach built on clear processes to understand why risk management comes before profit seeking to approach the markets with a methodology aligned with his engineering mindset In the interview, Francesco explains what attracted him to systematic trading, which aspects of the Unger Academy approach resonated most with him, and why he believes risk management is the true foundation of a professional approach to the markets. Enjoy the interview and happy trading! Want to learn more about systematic trading? Click here to watch the FREE Masterclass!

June 2, 2026Episode 49410 min

494 End-of-Month Rally_ Does the Turn of the Month Effect Still Work Today

The end-of-month rally, also known as the " Turn of the Month Effect ", is one of the most well-known seasonal anomalies in financial markets. According to numerous studies, stock and index returns tend to concentrate during the last trading days of the month and the first trading days of the new month. But does this effect still work today? In this podcast, we analyze more than 100 years of historical Dow Jones data , from 1910 to the present day, to determine whether the end-of-month rally has remained stable over time, how it behaved across different market regimes , and what may actually be causing this seasonal anomaly. The analysis is also divided into three major historical periods of roughly 40 years each , allowing us to evaluate the long-term statistical robustness of the phenomenon. We will also discuss: buy and hold vs seasonal strategy drawdowns and risk management historical outliers such as 1929, 2008, and 9/11 institutional flows and capital inflows possible explanations behind the Turn of the Month Effect Enjoy listening and happy trading! 😉 Want to learn more about systematic trading? Click here to watch the FREE Masterclass!

May 26, 2026Episode 4935 min

493 +100% in 18 Months_ How Systematic Trading Changed Roberto's Results

Roberto, an accountant with a strong passion for financial markets, spent years trading discretionarily, focusing mainly on individual stocks without following a truly structured method. Like many traders, this approach led to highly inconsistent results: profitable periods alternated with more difficult phases, including significant losses. Over time, the frustration became so intense that he nearly stepped away from trading altogether. Then something changed. Roberto decided to explore a different approach, built on data, clear rules, and structured processes, moving closer to the world of systematic trading. And from that point on, not only did his results begin to change. His entire way of approaching the markets changed as well: "Today, I no longer invest because someone recommended a stock to me or because I heard a piece of news. I look for data, analysis, and concrete results." In this testimonial, Roberto shares his journey, his transition from discretionary trading to a more structured approach, and the changes that helped him achieve an overall return close to +100% in approximately 18 months. Watch the full video interview below... enjoy listening and happy trading! 😉 Want to learn more about systematic trading? Click here to watch the FREE Masterclass!