The PRX Crypto System Home Study Course

Trading crypto doesn’t need to be complicated.  Neither does learning how.

Learn a simple and robust rules-based trading system designed to take advantage of the volatility of the crypto markets. The course is suitable for both new and experienced traders. You'll learn multiple versions of the system over different timeframes which can be traded directly through the crypto markets, or via ETFs through a stock trading account.  Enroll now, or keep reading below for a full course description.

Which PRX course is right for me?

Get started with one or go for both now with a cheaper bundle price.

PRX Morning Only Mini Course

  • What you need to get trading

  • High-level overview of math and theory

  • One PRX System with two case studies

  • $595

PRX Full Home Study Course

  • Complete background on PRX Beliefs and Edges

  • Detailed math and theory behind the indicators we use

  • Four PRX Systems

  • $1,495

Best Value Bundle Price

PRX Morning Only + Full Course

  • The best of both worlds

  • Get up and running quickly with the Mini Course then expand

  • Or get all the background, start with Swing Systems then add in the Morning Only Systems

  • $2,090 $1,795 ($295 off)

Course Description

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 one-day 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.

Live Workshops

Prefer a live, one-day Zoom workshop?  We run these periodically throughout the year.  Sign up to our Research Newsletter to ensure you're notified of the next scheduled workshop.

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Learning Objectives

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:

  1. Incorporating the foundational elements of Tharp Think

  2. According to the written rules of the system

  3. With accountability and responsibility for your results

Risk-Managed is defined as:

  1. Understanding the beliefs, edges, limitations, and assumptions behind this system

  2. Being aware of the dangers inherent in the crypto markets

  3. Accounting for the volatility of the crypto markets through the use of adaptive technical indicators and position sizing

  4. Implementing a time frame(s) and crypto instrument(s) that fit you as a trader

Get Started With the Home Study Course Today

System Edges

The PRX Crypto system has a number of powerful edges. These include:

  • Flexible: Captures opportunities in crypto through several different instruments including crypto ETFs, bitcoin, altcoins, and futures

  • Robust: Avoids overoptimization and data mining

  • Simple: 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

  • Fractal: 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: This is a mechanical system and the rules can be coded for automated execution. Bill and Jeff are currently working on a fully automated version of the system which they plan to make available to the public once testing has completed.

  • Optional 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. Indicator and Strategy NOT required to trade this system, and software subscription price NOT included in the workshop price.

Course Content

  • 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
"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." 

Dr. Ken Long

Top Benefits from Workshop Attendees

Students from our previous PRX Crypto workshop events were surveyed and listed these as some of the top five benefits of the workshop:

It gave me hope that I could finally make a lot of money in the short term in the crypto market with a system based on the Van K. Tharp philosophy. I'm really grateful for that!

Simple approach that can be broadly applied. System is consistent with work I have already done. Ability to test the system. The system fits with my beliefs.

Made a new friend in the breakout room. Online experience was just as effective as being in person.

Both presenters did not give advice or recommendations, but did share personal opinions making the presentation more credible to me. The actual rules and specific instructions were great.

Efficient system to capture the upside of cryptos’ volatility and limit risk. Easy to follow rules. I felt confident after the in class trading demonstration. Great trade log.

Learned how a comprehensive trading systems looks. It's my first exposure to back-testing and analysis based on Monte Carlo simulation, very good hands-on experience due to the bar-by-bar simulation, confidence into the displayed systems due to the shown performance data, learned new technical indicators.

Liked the system very much, with clear rules letting no room for interpretation. Like the robustness of the system, delivering fairly consistent results across timeframe and instruments. I like the fact that every variation was backed by a lot of data and clearly outlying the underlying assumptions and limitations. I like the practical part where we were executing the system by looking at the market bar by bar.

Learning about the PRX crypto trading systems (ETF, Altcoins, ...); learning about the thinking/beliefs behind the PRX system. I liked the bar by bar. Insight that this system could be tested and used on other asset classes. To get insights in the system statistics and what to expect using the systems.

Easy to follow and understand system explanation I feel confident in implementing. Knowledgeable and insightful and follows Tharp Think so I am confident that the system is backed by data and research.Inspired me to organize myself around this methodology that supports discipline with low cognitive load. I learned that understanding the underlying research myself is important when looking at automation. I appreciate the lack of friction for me to implement.

Very nice instructors, clear, funny and likeable. It wasn't boring at all :)

Community & Software Subscriptions

You don't have to trade in isolation! Join our community of traders where Bill and Jeff post multiple updates every week on open trades, new research, industry news and more.

All subscriptions include access to the community and our Bronze & Silver plans also include access to the TradingView Indicator (Bronze) or Indicator + Strategy (Silver) that we created specifically for PRX.

  • $19/mo or $190/yr

Community

Singing up for the PRX Community is a great way to support your trading and learning. You can post comments, ask questions, connect with other PRX traders, and see the latest posts from Bill and Jeff. Discussions cover all things PRX including trading mindset, market analysis, recent trading performance, and research insights.

  • $40/mo or $400/yr

Bronze

Includes access to the PRX Community plus a subscription to the PRX Indicator on Trading View. You’ll have all the indicators looking exactly as you’ve seen them in our workshops and videos. Plus you’ll be able to set Tradingview alerts so you’ll be notified when conditions are lining up, whether you’re away from your desk or even if your computer is off.

  • $97/mo or $970/yr

Silver

Includes access to the PRX Community, all the indicators you get with Bronze, plus a subscription to the PRX Strategy on TradingView. The strategy has the system coded in, so you’ll see entries and exits directly on the chart, along with a dashboard outlining the current trade details in R-multiple terms. Plus, the strategy offers full back testing so you can see how the system could have performed in the past. Yo

  • $350/mo or $3,500/yr

Gold

  • Includes 1 additional product

Includes everything in the Silver subscription: access to the PRX Community, PRX Indicator & PRX Strategy plus added functionality in the PRX Strategy that enables customisable Automation capabilities. It also includes a mini-course with full instructions on how to setup automation for yourself including case studies for examples of how we've configured automation for ourselves.

Includes 1 Additional Product

  • Waitlist

PRX Group Coaching

  • Course
  • 4 Lessons

Beginning with wherever you happen to be in your trading journey, this 8-week group coaching program is designed to help you improve your trading performance with the PRX Crypto System. Topics include tactical trading pointers, trading psychology, system RnD best practices, review of student trades, and more. Please note coaching does not include a subscription to the Community or PRX Indicator/Strategy.

We run Group Coaching Cohorts at varying times throughout the year. Enter your details above and we'll let you know when the next cohort is scheduled.