ABOUT ME
It was during the year 1980, when a newspaper cost 300 italian lire , the tramway’s ticket 200 lire and 250 lire for a cup of coffee. The Inflation stand at 22% , increasing mistrust in the democratic system, the growing terrorism, the growing political crisis and rising absenteeism in large factories, the public debt was already at 43 trillions (billion)!
In Italy the oil price increased by 100%, the labor cost by a 29%, the prime rate for borrowing was 25% and despite the closure of 14 factories, the automakers recorded the highest number of car sales both Italian and foreign ones . The domestic market recorded a boom sale with the industrial production growing with a 7% upside . The money circulation was growing very fast with a really big quantity. …… no reconciliation and no one understood what was happening. The Italian numbers were awfully “inconsistent” and they were going around the world dangerously. The fight against tax evasion begins and a new tool was implemented : the tax receipt , but people still use to write 10 instead of 100, and the remaining 90 was always in black funds and no one knew who was producing it. Big scandals arose, the giant fraud on petrol affairs by politicians (2,000 billion lire), another one was the Italcasse (1,000 billion lire) collapsing and the money devaluations were sinking the Stock Exchange which suffer disastrous losses There were the terrorist attacks in Bologna and the shooting plane at Ustica, the Irpinia earthquake and the betting scandal that does not spare even the pleasure of .. Italian football. It was the end of December and it was the Christmas gift of a closing year very bad for Italy and very bitter for the Italians.
Wel, l I began my career path from there, from these earthquakes: in economy , banking priblems, trade, prices, politics in a year to forget. I lived these and other economic and more tragic events such as the numerous devaluations, the Plaza Hotel agreement in New York in 1985, the Black Monday on 19th October 1987, the fall of the Berlin Wall in 1989, the breakup of the European Monetary System in 1992, the destruction of the World Trade Center, twin towers in 2001, the bubble on the equity market crisis, the subprime of Lehman Brothers and Bernard Madoff case in 2008, the ‘Euro Zone’ crisis in 2012, or the ruble in 2014 .
Today I have the same enthusiasm and I continue to do trading, thanks to method and discipline with which I have been able to better manage the risks inherent in the markets which are always present. The technology has given me a huge help to build a valid scientific method and thus I get married with the technology.
A good pilot with a clear rules and a knowledge of its own limit but with a great car, could be there the winning combination in a race. Several incidents, maybe someone avoidable, but with all airbags and the protections it could be not deadly l! In economics, for those who lose there is always someone else who wins. To Hear people saying “everybody use to lose ” is a sentence that does not belongs to me thanks to the results which allows me to smile more and that gives me strength to continue. The financial markets are the adrenaline that makes me feel alive. After Francesco arrived and with him the football! But this is another good story and another great challenge …started many years a go … that still goes on! …
Good trading and good football to all!
Tiziano Testa
Work esperience
RPMARTIN ITALY SPA - GROUP BIERBAUM - via Meravigli, 16 - 24121 Milan (Italy)
Brokerage House - BROKER FOREIGN EXCHANGE
EUROBROKERS SIM Via Rosellini, 2 - 24121 Milan (Italy)Brokerage House
BROKER FOREIGN EXCHANGE - MANAGER FOREX DESK
INTERFIN SIM Via Vittor Pisani. 42 24121 Milano (Italy)Brokerage House
MANAGING DIRECTORE - BROKER FOREIGN EXCHANGE - MANAGER FOREX DESK
June 2001
ICM FOREX SPA Via Vittorio Veneto 32 24121 Milano (Italy)
Brokerage House – Financial Institution EX art.107 – Co-Founder , BOARD VICE PRESIDENT
LUXORLAB SRL P.tta San Bartolomeo n.5 / a 24018 Bergamo (Italy)
Software Developing House - Experimental research in the economics field - CEO
TRADE24 SPA Via Terraglio 49 31100 Treviso (Italy)
Brokerage House – Financial Institution EX ART.106 - CO-FOUNDER - MANAGER
AG. Cattelani G. Allianz Bank Financial Advisor via L. Ariosto 6 / a - 42100 Reggio Emilia (Italy)
FINANCIAL ADVISER
Actual
WEAKRISK S.R.L. Piazzetta C. Zavagli n. 1. 47921Rimini (Italia)
Software development for financial markets – FOUNDER & CEO
Actual
WEAKRISK MEDIA & EVENTS S.R.L. Piazzetta C. Zavagli n. 1. 47921Rimini (Italia)
Advertising, courses, web services, software end public relations activities - FOUNDER & CEO
TRADING
To trade in the financial markets it has to be set detailed rules, to have consistency, discipline and a strategy indicating which assets to include in the portfolio as a function of risk appetite and setting objectives . We define the assets as a choice of the medium term, and operating with a tactic that indicate how to move the portfolio within the constraints imposed by the strategy with short-term choices. The difficulty is the psychological management decisions, and it is a scientifically proved fact that a loss weights psychologically as three winnings of the same size. The lack of discipline suggests a disturbing question: is finance a zero-sum game? To a gain of a participant is it corresponding to a loss of the same amount of other participants and vice versa? In simple terms, we divide the same cake that never becomes larger as a result of the “players”. The defenders of the financial markets point out that the same cannot be defined “zero sum” because the value of securities traded tends to grow as a result of natural growth. The shares produce profits and bonds yearly coupons even apart from trading (and therefore by the actions of the “players”). It is clear that anyone who does not have the professional requirements of a proof trader must keep in mind the potential danger inherent in trading. Investors not experts, must always consider that it is illusory to hope to achieve, by the financial markets with trading, an excess return more that is inherent to the instruments themselves: profits for shares and coupons for bonds. In summary, it is not technically correct to call the financial markets a zero-sum game, but “it is good that investors, not experts, consider it like that.”
In recent years we have witnessed a number of systematic errors of assessment, there was a collective failure of market perception, the losses have exceeded several times what the best experts believed you could lose in a regular crisis. Faced with such contrary evidence due to the changing socio-economic and geopolitical events is good to stick to forecasts that can change quickly depending on how events evolve. There is no basis for the values that make up the richness , the only price that exists is the present price, the reality of the moment that reflects the best future forecast, but nothing else beyond this. In every moment, the elements of political and social life influence the economic life, there is not a purely economic process of gravitation which values around the long-term expectations. Anyone working in the financial markets is exposed to a risk, therefore a strict discipline is the only remedy to not run into embarrassing situations or difficulties to restore
Football
After many years of trading came the football !
Football lived in the front line as a coach, as manager until he held positions as Vice President or to end as President. This apprenticeship made me understand some dynamics of the football world, unknown to those who are not involved in this planet and that from the outside looks like the land of toys but that is not the case.
There is a lot of talk about the situation of Italian football and even after years the alibi in which many take refuge is always that of youth sectors that work little and badly. Everything is aimed at the immediacy of the moment and there is neither the strength nor the desire to look beyond, with medium or long-term goals. Maybe then the discussion is a little broader and concerns the culture that is the basis of the successes of the football movements of other countries and I realized this personally approach now for work, teams of different categories from the Serie A up to amateur categories. The problem at all levels is always the same, culture is lacking for a different approach to the world of football and which takes greater account of the use of capable men and technological means to support their work on a daily basis.
Take for example a category that in Italy is little recognized as that of athletic trainers, people in love with their work and who work at night based on their Excel sheets to provide the coach with physical data to improve the performance of the individual and the team. Then what happens? These data when the road between the company and the coach divides, are lost and everything returns late at night until the next carousel ride.
Another flaw is that the physical and genetic data of the children are often not adequately cared for in order to set up targeted workouts according to their maturity class. The process of growth and acquisition of stature in young players plays an important role in the development of motor skills, strength and power because in this period near the maximum peak speed of the weight, the risk of injury increases. For this it is necessary to know about each one, key information such as the peak of growth, in order not to miss the increase in workloads, to calibrate the workout adequately and not to cause injuries. For all this and much more, adequate skills and tools are needed because they are no longer enough, even in the lowest categories, obsolete methods and improvisation. The enhancement and growth of young people passes through work and above all through data collection to improve this working method. A monitoring of the data and the collection of these, for each category of the youth sector, is essential to improve the quality of the training methods. It is not difficult, for example, to identify in our small players the most gifted ones, the definitely better ones than the others, it is more complicated to think if they can be ready to play in higher categories with a year or two less. For this you need tests and tools for comparisons and above all data on which to make decisions in advance of others, for those less technically gifted to identify the weak sides on which to work to improve them.
For these reasons my new challenge with the football world started and I started thinking about Weakrisk Sport Solutions. As happens sometimes in life, chance or luck are important components and meeting Atalanta BC at the beginning of this path was, thanks to them I got to know professional football and from that moment on it was a crazy escalation and other Italian serie A team tey have arrived. This tool, already used by several teams from Serie A up to amateur categories, is a good support to lower the risks in training, to monitor the development of their little players and to make targeted and strategic choices in a scientific and objective way. After years of collaboration with professional companies, today you can find on Weakrisk Sport Solutions, how to manage workouts and workloads, how to archive clinical data and injuries to manage their recoveries, targeted tests for physical and technical evaluation, predictive graphics to know the expected stature at the end of the growth process and evaluate the percentage of the degree of maturity or graph of the weight speed peak to know the curve of the increase in body mass and its growth peak.
All this for those who want to play football professionally and scientifically. Unfortunately many insiders with a thousand ridiculous excuses, prefer to stay in his shadow or prefer a change in philosophy or an application of a scientific method, an investment in the new center forward who have suggested to him and which will solve the problems of life. For those who instead the excuse of the lack of results is always linked to the youth sectors that do not work I say this: we begin to give them the means and supports to work better with medium and long-term objectives without asking as always happens results in a matter of a few months.
In football, as in many other things, you need innovative ideas but above all a lot of courage, because as always the new one, or it seems complicated or it is always very scary! In life, as I always said to my players, you must always have respect for your opponent… .. you play it on an equal footing, then if he is better at the end of the game, a handshake and on Monday you look inside to understand what is not it worked, but fear that never!
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