Learn to Trade

the H-Bomb!

Dear Fellow Forex Trader,

With most forex trading courses, you can learn some pretty good things in general to help you become a better trader. As a professional trader, I believe it's important to get all the training and education you can. But in my opinion, you have to be careful not to be so "generally educated", that you never develop a "specific", sound trading plan, built upon frequently recurring trade set-ups and common recurring market behavior.

Over time, and with hard work, I believe you can develop the skills necessary to become a full-time, professional trader. And, because there is a substantial risk of loss associated with this type of trading, only truly risk capital should be used, because you may lose it all.

In the Crystal Forex online training center, you'll learn the same methodology I personally use to make my entry and exit decisions. The training center does not make an attempt to teach you what a "pip" is. Nor does it attempt to teach you "everything under the sun" about the forex markets, or day-trading in general.  

No, rather than send you AGAIN down that endless path in search of the "holy grail" of trading, this online training center focuses on showing you exactly what I look for when making my entry and exit decisions. Unlike most professional money managers, who keep their trading methodology secret, I'll share with you my favorite, easy to recognize trading set-ups (The H-Bomb, and the Cliff-Hanger), and how I use them day in and day out consistently.

Below are the course headings inside the Online Training Center:

All course material is presented in 'seminar style' flash presentations with streaming audio and detailed charts, which can be replayed as many times as you need.  ( You can Click Here for a LIVE preview of how the course material is presented )

Online access is immediate and forever.  You won't be waiting around for some package that may get lost in the mail. Your password will be immediately activated upon purchase.

Below, I provide some further information about my H-bomb Trading Methodology and my trading system philosophy:

The H-Bomb Trading Approach

     My H-bomb Trading Methodology combines non-discretionary rules with some discretionary elements to form a powerful method of trading that can capture short-term moves, capitalizes on market momentum, and offers the potential for daily compounding of results. Although I primarily trade the set-ups on a short-term basis, the set-ups can be applied to higher time frames for those who prefer to trade a set-up on the entire day, or even over a period of multiple days or weeks, if desired.

     Although I do occasionally hold positions overnight, my systematic approach takes a true day-trading approach in the sense that you may do anywhere from zero to 20 trades in a standard 5-hour trading session, and in most cases you will be back to cash at the end of each session.  And the nice thing is, you don't have to invest the whole 5 hours if you don't want to.  You can spot your set up, set your orders and forget about them if you'd like.  No need to become a zombie, watching trades all through the night, unless you really want to (we all have our addictions, right?).

     In my opinion, there are really only two types of trading approaches available to traders, a Discretionary Trading approach, and Non-Discretionary Systems.  As far as I can tell, the best performing traders maintain a good balance between non-discretionary system rules (i.e. rules that cannot be changed by the trader) and discretionary rules (which allow the trader to make some "decisions" pertaining to some aspect of a trade, such as entry, exit, trade size, etc).

     What is a "trading system" in the first place?  In general, it is simply a set of rules that determine when to enter and when to exit a trade. 

Non-Discretionary Trading Systems

vs.

Discretionary Trading Systems

     In a non-discretionary trading system, the user has no "discretion" as to when or if a trade will be entered.  It's very mechanical and mathematical.  When the rules or conditions to enter a trade are met, the trade is entered.  And when the exit rules are met, the trade is exited.  No thought is required in this kind of system.  Rules are simply followed and trades are executed according to the rules.  

     We all wish we could have some mechanical trading system that would actually churn out profits consistently day after day, year after year, without requiring any significant effort on our part.  Unfortunately, I have never found such a trading system.  Every mechanical trading system I've ever come across appears to either lose, trade somewhat flat, or generate very small annual returns that you could get by leaving your money in just about any money market account. And it seems like every 100% mechanical trading system, although it may have a good run for a period of time (be it months or years), always seems to fail at some point.

     Generally, any two traders using the same non-discretionary trading system would have essentially the same exact results and execute the same trade in every case, if they were following the system and its rules precisely (the only differences would be due to getting different fill prices or poor execution, etc).

     In a purely discretionary trading system, the trader takes certain guidelines, education, experience, and possibly other things such as news, and then, at his discretion, he puts on a trade.  Then, again, according to his discretion, he exits the trade at some point.  Under this kind of trading system, it is highly unlikely that any two traders would do the same trade in every case.  And therefore, their results would in most cases be tremendously different.  Thus, you see that some experienced discretionary traders appear to do well, while others simply wipe out.

     In my opinion, the best trading systems are the ones that maintain an excellent balance between discretion and rules.  This type of system provides some solid rules that protect profits and minimize losses, while at the same time leaving some room for one trader to outperform another trader due to the sharpening of skills and cumulative trading experience.  Under this kind of system, two different traders will frequently execute many of the same trades and share similar results, but the results will vary primarily in proportion to differences in skill level, aggressiveness, and tolerance for risk.

     My H-Bomb Trading Methodology combines somewhat structured system rules with some discretionary features.  The rules help to ensure a similar level of performance for each trader who uses it with discipline, but at the same time includes the discretionary aspects that allow one trader to excel in skill and surpass others in terms of return on investment.

     Perhaps the greatest benefit of my overall approach is that it provides strategic methods to help traders deal with some of the biggest challenges they will face.  Many traders take profits too early, or give all their profits back by exiting too late.  

     With my systematic approach to trading frequently recurring, easily recognizable set-ups, you will have plenty of opportunity to take advantage of the daily moves we so thoroughly enjoy in the global foreign currency markets.  You will learn to develop a "trading plan." And having a PLAN, in my humble opinion, is absolutely critical to your success.

Best Wishes and Good Trading,

Bill Cox