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🏆🏆🏆 Stefano Serafini just became the 2017 World Trading Champion with a fantastic + 217.2% !!
He fought for a whole year against the best traders in the world and thanks to his great skills, demonstrated throughout the competition, he finally managed to bring the cup back to Italy.
What not everyone knows is that Stefano is one of my "Trading Systems Supremacy" students.
I advise you to listen carefully to his words because, in my opinion, the interview contains some really interesting ideas.
If you are not one of my students yet, I invite you to follow my free Masterclass, so you will have the opportunity to understand if Automatic Trading can be the right approach for you.
Who are you, what do you do for a living and how long have you been training?
Hi to everybody. I am Stefano Serafini. I am a professional trader. I am working now for an HFT company. I was a banker before. My background is I have a bachelor in Economics and a master in Finance. And before, I’ve studied IT. So, it’s the perfect mix for a professional trader.
Why did you choose Automated Trading?
Oh, I have chose automated trading due principally to the emotional effects that could affect most of traders. In fact, one of the biggest problems that you have at the early beginning is that if you are following your emotions, you are doing completely vice versa than when you studied the market with some algorithms or trading systems; just for example, like speaking about stocks markets in the US, you for surely know that you have to buy when you have a lot of weakness. Instead of if you are in front of the monitor and you are choosing with also emotional effects, you are going to sell instead of buying. So, maybe, the most reason is, therefore, the psychological effects.
Which markets do you trade and why?
I used to work a lot in reversal at the early beginning on the E-mini S&P 500 and, in general, stocks markets. Then I turned on a trend-follower or more trend-follower trading systems on commodities, especially in intraday.
How are you structured? Which platform, broker and data feed do you use?
I use TradeStation for the data feed. I think it’s one of the best data feeds that are in the market now, especially if we are talking about quality and price. For sure, there are a lot of more precise data feeds, but the cost has no reason for a retail trader. So, I use TradeStation as data feed; also as a broker, but not a lot. The most I trade on Interactive Brokers using the MultiCharts. So, I got a VPS in Chicago and so, I have there the VPS with the three: the data feed, MultiCharts, and the Interactive Brokers.
What course did you attend at Unger Academy?
I have attended only the first course of Andrea just because I have attend his master in New York just, I think, a year before he started the online courses. So, there was a lot of information in the course in New York. So, I only attempt the online courses, the first one for defining better the strategies and patterns. But for the evaluation, I have my own background. Also, due for other traders that I have met in the past. So, that’s it.
What was your main problem before you joined this course?
Well, the first– the biggest problem that I had before attending this course was developing trend-follower strategies, especially in intraday. And I have to say clearly that, Andrea is one of the best trend-follower strategy developers ever I have seen. So, I had a lot of this problem because I was more concentrating on the reversal trading system. But for sure, I have noticed that in bad periods, especially when the market crash or high volatility periods, I have suffered a lot with reversal systems. So, I need to develop more trend-follower strategy. So, that is the main reason I have attended the course with Andrea.
What solution did you achieve through the course?
The solution that I have achieved with the course with Andrea, as I have mentioned before, is for sure developing an intraday trading system, especially on commodities.
Why did you choose one of Andrea’s courses and not one of other trainers?
I have already attended other courses but for sure you have to attempt the course of Andrea, especially because I’m following only concrete person that have demonstrated his capacity, also with the World Cup Championships that he has won for four times, you have like a guarantee that you are following the right leader in terms of developing strategies....