Better System Trader

045: Andrea Unger explains how the traditional approach to entries can limit our ability to read the market and how he's modified the approach to identify entry opportunities.

Listen Later

Andrea Unger is the only trader to ever win the World Cup Championship of Futures Trading ®* titles 3 years in a row, with returns of 672% in 2008 (futures division), 115% in 2009 (futures division) and 240% in 2010 (futures & forex division).

This is his 2nd appearance on the podcast, he was also a guest on Episode 16.

In this episode Andrea discusses his approach to trade entries, how the traditional approach to entries can limit our ability to read the market and how he's modified the standard approach to identify entry opportunities.

Topics discussed
  • The typical approach to entries and how Andrea uses a modified approach to identify and test his entries
  • Why starting an entry with a setup can limit your ability to read the markets
  • The grouping of setups and how the style of trigger you use can determine the most appropriate setup
  • The best timeframes for indicators and the impact lower timeframes can have on indicators
  • Combining intraday and daily timeframes for better entries
  • How Daily Factor can be used to determine the type of move to expect next
  • Symmetrical patterns - when it makes sense to use symmetry and when it doesn’t

 

Disclaimer: Trading in the financial markets involves a substantial risk of loss and is not suitable for everyone. All content produced by Better System Trader is for informational or educational purposes only and does not constitute trading or investment advice. Past performance is not necessarily indicative of future results.

 

...more
View all episodesView all episodes
Download on the App Store
Better System TraderBy Andrew Swanscott chats with professional traders Larry Williams, Ernest Cha
  • 4.8
  • 4.8
  • 4.8
  • 4.8
  • 4.8

4.8

260 ratings

More shows like Better System Trader

View all
Michael Covel's Trend Following by Michael Covel

Michael Covel's Trend Following

670 Listeners

Freakonomics Radio by Freakonomics Radio + Stitcher

Freakonomics Radio

32,291 Listeners

Masters in Business by Bloomberg

Masters in Business

2,174 Listeners

Talking Trading - Expert trading tactics so you can excel in the markets. by Created by best-selling authors and traders - Louise Bedford and Chris Tate.

Talking Trading - Expert trading tactics so you can excel in the markets.

18 Listeners

Top Traders Unplugged by Niels Kaastrup-Larsen

Top Traders Unplugged

582 Listeners

We Study Billionaires - The Investor’s Podcast Network by The Investor's Podcast Network

We Study Billionaires - The Investor’s Podcast Network

3,369 Listeners

Chat With Traders by Ian Cox and Tessa Dao

Chat With Traders

1,987 Listeners

Desire To Trade Podcast | Forex Trading & Interviews with Highly Successful Traders by Etienne Crete

Desire To Trade Podcast | Forex Trading & Interviews with Highly Successful Traders

105 Listeners

Invest Like the Best with Patrick O'Shaughnessy by Colossus | Investing & Business Podcasts

Invest Like the Best with Patrick O'Shaughnessy

2,317 Listeners

The Jordan B. Peterson Podcast by Dr. Jordan B. Peterson

The Jordan B. Peterson Podcast

34,127 Listeners

ChooseFI by ChooseFI

ChooseFI

5,088 Listeners

Flirting with Models by Corey Hoffstein

Flirting with Models

225 Listeners

Risk of Ruin by Half Kelly Media

Risk of Ruin

231 Listeners

The Algorithmic Advantage by The Algorithmic Advantage

The Algorithmic Advantage

11 Listeners

Words of Rizdom by Riz Iqbal

Words of Rizdom

16 Listeners