PRX Crypto System Workshop - Recorded Version
NOW AVAILABLE VIA RECORDING!
If you missed the live workshop, you can still learn this flexible and robust system in this recorded version.
With great opportunity comes great danger. Van Tharp believed that cryptocurrencies will present the opportunity of a lifetime over the coming years, but that most people will “lose their shirts”. As traders, how do we avail ourselves of this opportunity and avoid the dangers?
In this recorded workshop, you will learn to successfully trade a crypto-specific system in a professional and risk-managed manner, using a variety of time frames and crypto instruments. This system was designed around Van Tharp’s crypto beliefs and Ken Long’s tactical market framework. With SQN’s ranging from 3.11 to 6.37, this system can be traded intraday, swing, or weekly. It works on crypto ETFs, crypto futures, altcoins, and Bitcoin.
The system you will learn produces large R multiple trades, with winners of 20R – 25R being quite probable, and winners of 60R – 80R not being impossible. Thanks to its simple and robust rule set, this system is easy to understand and execute. With its low cognitive load, this system is time efficient, can be easily automated, and offers an excellent payoff relative to the amount of time it takes to implement.
Because it does not require an in-depth understanding of crypto fundamentals, this system makes trading crypto accessible to those who don’t want to constantly keep up with the complex and rapidly evolving world of blockchain technology.
After this workshop, you will be able to successfully trade the PRX Crypto System in a professional and risk-managed manner, using a variety of time frames and crypto instruments.
Professional is defined as:
- Incorporating the foundational elements of Tharp Think
- According to the written rules of the system
- With accountability and responsibility for your results
Risk-Managed is defined as:
- Understanding the beliefs, edges, limitations, and assumptions behind this system
- Being aware of the dangers inherent in the crypto markets
- Accounting for the volatility of the crypto markets through the use of adaptive technical indicators and position sizing
- Implementing a time frame(s) and crypto instrument(s) that fit you as a trader
The PRX Crypto system has a number of powerful edges. These include:
Captures opportunities in crypto through several different instruments including crypto ETFs, bitcoin, altcoins, and futures
Avoids overoptimization and data mining
Easy to understand and easy to execute
- Crystal Clear Rule Set:
No matter what the market does, we know exactly how we will respond
- Low Cognitive Load:
Cognitive load is one of the often-overlooked costs of trading. We believe it’s wise to ask, “How much does all that money cost?”
- Time efficient:
Excellent pay off for the amount of time it takes to execute, and can also be traded on a fully automated basis
- Does not require an in-depth understanding of the complexities of crypto fundamentals
This system can be traded intraday, swing, or weekly or any combination thereof
- Volatility Adaptive:
This is accomplished thanks to the math behind the indicators we use and the way we apply them in this system’s rule set
- Large R Multiples:
20 – 25 R is quite probable, 60 – 80R is not impossible
- Unique View of Price Action:
Not many people are looking at the market using these indicators
- Statistics based:
Think like the house, put statistics and long-term probability on your side
- Trades Crypto:
This is an edge in itself!
- Ruthless Risk Management:
This is built into the system at a number of levels
- Can Be Fully Automated
- Custom Built Indicator and Strategy Available:
Low cost, easy to use, works on mobile devices, system-specific, easily enables backtesting and automation, further reduces cognitive load
The agenda for this course includes the following topics.
- Beliefs, Edges and Assumptions
- What is PRX?
- PRX Crypto ETF Swing System
- PRX Alt Coin Swing System
- PRX Intraday System
- PRX Weekly System
- Bar-by-Bar Chart Practice
- How To Get Started
About Your Instructors
Bill Scheidt has more than 15 years of experience trading stocks, options, commodities and crypto. He credits his participation in the Super Trader program as the transformational experience that galvanized his journey to becoming a successful trader.
Bill is the former co-owner of a Registered Investment Advisor firm and is now the founder and CEO of Applied Finance Research where he researches and develops systems-based strategies for trading and investing, builds systems of systems, offers consulting and instructional services, and manages private equity.
Bill is a natural instructor and has a talent for helping others in their growth and development. He combines a methodical and scientific approach to trading with a down-to-earth and approachable teaching style. Having undergone the journey from losing trader to profitable private equity manager, he has a unique ability to meet traders where they are and help them get where they want to go.
Jeff Boccaccio has over 20 years of experience in the financial sector having worked for Deloitte Consulting, UBS and Barclays Capital across the US, Switzerland and London. He has a broad range of skills combining a strong background in information technology with financial market analysis and trading.
By leveraging his IT background he cultivated a lifelong interest in financial markets and transitioned to full-time trading and investing his personal funds. Technical Analysis was a natural fit and he used this as a foundation for his trading after gaining the MSTA diploma from the Society of Technical Analysts where he now sits on the Board of Directors.
After building a suite of automated trading systems and customized trading and analysis apps for their own use, Jeff and his partner founded Rfactory where they offer some proprietary tools to other traders and funds along with consulting services.
I am proud to give my highest personal and professional recommendation to the work and intentions of Bill Scheidt and Jeff Boccaccio, who have crafted a concise, professional set of systems and techniques for trading cryptocurrencies that have proven successful and robust with manageable risk in forward trading and real conditions.
I have worked for over 15 years with both of these traders, on a weekly and sometimes daily basis, as a teacher, coach and collaborator on a wide variety of trading styles and systems. They have attended each of my annual research weeks and live trading workshops since 2009, and their deeply researched and back-tested systems and innovation have always been world-class.
Working with them has been among the top highlights of my professional trading and educating careers, and I have the utmost trust and confidence in them. I have seen them in action as traders, as coaches, as partners as students and would encourage VTI students to take advantage of their knowledge, insights and systems. I have closely and critically examined their work on numerous occasions over the years and always found it to be of the highest caliber, demonstrating a commitment to professional standards and due diligence. You are in good hands!
I personally am looking forward to being their student in this workshop, and I am bringing my children to learn from them, as we plan for managing their retirement and growth accounts.
—Ken Long, Professional Trader and Workshop Instructor
Recording Access: You will have access to this recorded workshop for 30 days from the date of purchase.
If you have any questions about this workshop, please email [email protected]
Legal Notices Disclaimer
This course, and all trades, patterns, charts, systems, trading strategies, etc., discussed therein, are for educational purposes only. This material is not intended for use as a source of investment advice or trading advice, and should not be construed as a recommendation to buy or sell any asset, crypto-asset, currency, ETF, futures contract, option, or stock. The creators and distributors of this content are educational publishers, not an accredited program or institution. By accessing this information, you acknowledge and agree that the creators and distributors of this content in no way shall be considered as conforming to any educational standards or qualifications prescribed by any private or governmental entity.
The creators and distributors of this information make no representation as to, or accept any responsibility or liability for, the accuracy or completeness of the information contained herein, or any decision or action taken by you or any third party in reliance upon the data. The creators and distributors assume no responsibility for errors or omissions in the information contained in this material. The information offered is gathered from sources believed to be reliable, but have not been reviewed, compiled, or audited by an independent public accountant. Reasonable attempts have been made to verify this information and the creators and distributors provide it in good faith, though they do not guarantee it. The views expressed in this material represent the current, good faith views of the authors at the time of publication. Please be aware that these views are subject to change at any time and without notice of any kind. The creators and distributors of this information assume no duty and do not undertake to update these views or any forward-looking statements, which are subject to numerous assumptions, risks, and uncertainties, which change over time. Some results are derived using historical estimations from available data.
Trading and investing involve significant risk of loss. Traders and investors can lose more than their initial investment. No system or methodology has ever been developed that can guarantee profits or ensure freedom from losses. No representations, implications or guarantees are being made that using the information provided herein will generate profits or ensure freedom from losses, nor that using the information provided herein will or is likely to achieve profits or losses like those shown. Please consult an investment professional to explain all risks to you before making any decisions relating to the purchase or sale of any crypto-asset, currency, or security. The information provided is not an offer to buy or sell or a solicitation of an offer to buy or sell the securities, futures or crypto-assets mentioned, nor is it a recommendation for the use of specific brokers, exchanges, securities, futures or crypto-assets. The information discussed herein may be unsuitable for investors and traders depending on their specific investment objectives and financial position. The price or value of the investments to which this report relates, either directly or indirectly, may fall or rise against the interest of investors and traders. All prices and yields contained in this report are subject to change without notice. You are responsible for your own trading and investing results, and individual results vary.
Historical, hypothetical, and simulated trading performance results have certain inherent limitations. Historical, hypothetical, and simulated trading results are generated with the best benefit of hindsight and unlike an actual performance record, they do not represent actual results and should not be interpreted as an indication of actual performance. Also, because historical, hypothetical, and simulated results are derived from data, they may under-compensate or over-compensate for the impact, if any, of various market forces such as lack of liquidity on actual trade executions. Backtested and simulated performance is hypothetical and does not reflect trading in actual accounts. As such, backtest and simulation results are provided for informational purposes only to indicate historical performance had particular investments strategies and trading systems been utilized over the relevant time frame. Backtested and simulated returns do not represent the performance results of actual trading or investing, and are calculated through retroactive application of specific systems and strategies, designed with the benefit of hindsight. Since backtested and simulated performance results do not represent actual trading, they may not reflect the impact that material economic and market factors might have had on the decision-making of a trader or investor. There are frequently significant material differences between backtested and simulated performance results and performance results subsequently achieved by following a strategy. In addition, backtested and simulated performance does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk in actual trading. For example, the ability to withstand losses or adhere to a trading or investing system in spite of trading losses are material points which can also adversely affect actual trading results. There are numerous other factors related to the markets in general or to the implementation of any specific trading or investing system which cannot be fully accounted for in the preparation of backtested and simulated performance results and all of which can adversely affect actual trading results. The creators and distributors of this information do not guarantee any minimum level of trading or investment performance, nor the success of any client, client account or trading or investment strategy or system. Past performance does not guarantee future results. Backtested and simulated results do not guarantee future results.
The creators and distributors of this information, may or may not take a position, or already have a position, in the assets discussed herein, based on their trading and investing discretion at the time. You should assume that these positions may be substantial enough to be material. The creators and distributors of this information assume no duty and do not undertake to disclose or update their positions, which are subject to change over time.
Your access to or use of these educational materials indicates your acceptance of these disclaimers and your agreement that you are solely responsible for your trading and investment results. In addition, your access to or use of these educational materials indicates that you agree to hold harmless, The Systems Lab Inc., William Scheidt, Jeffrey Boccaccio, the Van Tharp Institute, Tortoise Capital Management, Ken Long and all other parties affiliated with this educational presentation.
Adherence to applicable laws, regulations, and jurisdictions is the sole responsibility of the user of this material. Under no circumstances should it be assumed, implied or inferred that the information presented here is to be considered as legal or tax advice. Should you require legal, or tax advice it is strongly recommended that you contact a professional in those fields to assist you.
All materials related to this course are copyright protected. You have no rights to reproduce, distribute, teach or sell any material contained within or related to this publication in whole or in part without express permission in writing from The Systems Lab Inc.
|Product Name||PRX Crypto System Workshop - Recorded Version|
|Workshops By Month||November|
|Workshops By Location||Live-Streaming|
While our live-streaming events are generally set with a satisfaction guarantee, our recording-only workshops are not conducive to this offer.
This course has no prerequisite.