FAQ - English

Frequently Asked Questions about webinars and courses

What is needed to become a professional trader?
To become a professional trader it's like going on a trail, you need to reach certain stops before your destination: trading 101: you learn what the ...
Mon, 8 Jul, 2019 at 7:40 AM
Why do you sell education if you can make money in the markets?
Why not? It's business, there is an opportunity out there to offer my experience, an expensive experience worth much more than the price it is sold, ...
Mon, 8 Jul, 2019 at 7:38 AM
How many hours do the videos lessons last?
One Year Target: Module 1: 8.5 hours Module 2: 9 hours Module 3: 11 hours Module 4: 5.5 hours Module 5: 4 hours Module 6: 5 hours Extra: Beat ...
Fri, 4 Sep, 2020 at 11:55 AM
2.Softwares needed and costs. What platforms do you use for backtesting and optimization? What about RealTime trading?
I use MultiCharts for the vast majority (The LifeTime license costs $1,497. For Unger Academy students is $1,097), and Trade Navigator for some strate...
Fri, 22 May, 2020 at 2:22 PM
3.How much money do you need to start with a trading system?
The capital you need depends on the strategy you develop and how that is structured, if you develop for example on Forex you can size your trades small en...
Tue, 6 Nov, 2018 at 11:17 AM
4.At the end of "One Year Target" will I have the necessary skills to be independent?
Fri, 4 Sep, 2020 at 11:58 AM
5.When using Multicharts, do they supply the data or does that come from elsewhere? What sort of broker would I have to use when setting up automated trading? Do I need a cloud based server too? Basically, what tools do I need?
I'm not sure what broker you are currently using, I trade on InteractiveBrokers and they can also feed MultiCharts with data. I prefer anyway to pur...
Mon, 11 Mar, 2019 at 10:06 AM
6.If the system really works, will it pay back the cost of it?
My material gives you a fundamental technical background to develop trading systems. There are no guarantees, but the DAX system has generated gains 10 tim...
Wed, 14 Nov, 2018 at 10:43 AM
7.What markets do you trade? Do your Automated Trading Systems (ATS) earn money?
The strategy as it was shown in the webinar is obviously only for the fib, I have used it for several years in the past and then I stopped working on the f...
Wed, 14 Nov, 2018 at 10:35 AM
9.Working and having little time, can I program a TS that does not force me to stay there, checking several times a day?
The direct answer would be "YES" but I would like to specify that it is not with a TS that you can think of becoming a trader, for a correct appro...
Mon, 11 Mar, 2019 at 10:05 AM