FAQ’s About the Courses and the Systems

FAQ’s About the Courses

Is the cost a one-time fee? Or is there any ongoing subscription required?

All course costs are a one-time fee for lifetime access, and the courses are fully stand-alone. Upon completing the course, you will have everything you need to fully understand and execute the systems with confidence. No ongoing subscriptions are required.

Are the courses virtual and asynchronous?

Yes, the courses are 100% virtual and asynchronous, delivered via the Ruzuku platform.  You can access them with any web-capable device, anywhere in the world.

Are there opportunities to connect with other students and get support after the courses?

Yes, we have a community of traders actively trading these systems. You can connect with them, and course instructor Bill Scheidt, on our Patreon channel. Visit Patreon

How long do I have to complete the course?

You have lifetime unlimited access to all courses.

How long will it take me to complete the course?

Most students find it reasonable to budget four to six hours to complete a course. Each course consists of approximately 15 to 20 lessons, with individual lessons typically taking 15 to 45 minutes to work through, depending on your learning pace. Courses are asynchronous, so you can progress at your own speed.

Are there any prerequisites for the courses?

There are no prerequisites for the Momentum and Portfolio Moving Average (PMA) courses. However, the Hybrid Course builds on concepts from the Momentum and PMA courses. If you have studied with Dr. Ken Long or Dr. Van Tharp or have trading experience, it will help you assimilate the material faster. That said, the content is presented in a straightforward and accessible manner for all participants.

Are risk management and position sizing part of your courses?

Yes, these are critically important topics in all the systems we teach. Each course covers them in depth, including worst-case drawdown analysis, adverse market conditions, and Monte Carlo simulations.

Why learn about the hybrid systems when BMR and PMA are so good already?

Yes, the BMR and PMA systems all qualify as excellent systems according to Dr Van Tharp’s SQN scores. The hybrid systems offer an extra edge by adding systems-level diversity in one meta system. This often produces greater returns on smaller drawdowns than either of the individual sub-components. This 4-minute video provides more insight.

FAQ’s About the Systems

What software is required to execute these systems?

No specific software subscription is required. Dr. Ken Long and his students traditionally used Excel spreadsheets for calculations. Some traders prefer services like ETFreplay, Edge Rater, or Portfolio Visualizer, but the choice is yours based on personal preference.

What brokers are required to execute these systems?

These systems can be executed at any retail broker and are adaptable to restricted retirement accounts with limited fund choices or trading frequency.

Could these systems be automated?

Yes, the systems are rules-based and mechanical. With appropriate coding skills, they can potentially be automated.

Could these systems be applied to individual stocks instead of indexes, ETFs, and mutual funds?

Absolutely. These systems can be used with individual stocks, bonds, or other markets. You can build a custom universe of instruments, apply the system rules to identify opportunities, and rebalance your portfolio accordingly.

How much time does it take per month to execute these systems?

These systems require only minutes per month to execute. At the time of writing, Bill Scheidt manages six different monthly systems across six accounts, taking less than 60 minutes per month in total.

What indicators are required to execute these systems?

These systems are based purely on mathematical calculations and do not rely on indicators, chart analysis, technical analysis, or fundamental analysis. One of the key advantages of these systems is the reduced cognitive load— a hidden cost of trading—that comes with clear-cut, objective calculations and decision-making. As rules-based, mechanical systems, there is no subjective interpretation, so you won’t be left second-guessing your decisions.

What is the difference between Momentum (BMR) and PMA Systems?

Can I apply these systems to my retirement account?

What are the market beliefs behind these systems?

What are the edges of these systems?

Why trade hybrid systems when BMR is so good?

What kind of results do these systems produce?

Follow our YouTube Channel for new videos as they become available.

AFR YouTube Channel

For more research and system updates, subscribe to our Patreon channel. 

AFR Patreon Channel

DISCLAIMER

This content, and all trades, patterns, charts, systems, trading strategies, etc., discussed therein, is for educational purposes only. All materials discussed within or distributed in connection with this content are not intended for use as a source of investment or trading advice and should not be construed as a recommendation or solicitation to buy or sell any asset, currency, ETF, mutual fund, futures contract, option, or stock. The creators and distributors of this content and the related materials are researchers, educational presenters and publishers, not an accredited program or institution, nor are they professional advisors or brokers of any kind. By accessing this information, you acknowledge and agree that the creators and distributors of this content and the related materials in no way shall be considered as conforming to any educational standards or qualifications prescribed by any private or governmental entity.
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 within either the content or the related materials will generate profits or ensure freedom from losses, nor that using the information provided within either of the same 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 within both the content and the related materials is not an offer to buy or sell or a solicitation of an offer to buy or sell the securities, futures or assets mentioned, nor is it a recommendation for the use of specific brokers, exchanges, securities, futures or other 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 content and the related materials relate, either directly or indirectly, may fall or rise against the interest of investors and traders. All prices and yields contained in this content and the related materials 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 despite 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.  No representation is being made by the creators and distributors of this information that any account will or is likely to achieve profits or losses similar to those discussed within the content and/or the related materials. The creators and distributors of the information contained within the content and/or the materials 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.
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