Quantum Swing Trader by Bill Poulos
Last month I received my copy of Bill Poulos’ latest stock and option trading course. It came with a complete trading manual, seven CD Roms with screen capture videos that provide detailed explanation and example, and several other products designed to give the total novice the foundation that is required to start trading. This is the Profits Run Quantum Swing Trader course.
If you are not an experienced trader, or even if you are brand new to the markets, Bill Poulos has thought of you. He included a copy of Mark McRae’s Trading for Beginners, that serves as a good primer for new traders. Trading Mind Software and introductory options training materials are also included, to help you get off to a good start.
Quantum Swing Trader Finds Predictable Stock Price Moves
Having had about a month to pour over Bill Poulos’ Quantum Swing Trader, I wanted to fill you in because I have already found several concepts that will definitely be used in my trading. The heart of Quantum Swing Trader is a technique of identifying price points in the market where there will be a predictable movement in the share price of a stock. That move may be to the upside or downside, but the fact that it will move can be consistently predicted.
Bill Poulos has designed Quantum Swing Trader to take advantage of expected moves at price points where a meaningful move can consistently be predicted. Quantum Swing Trader is also sufficiently flexible to reverse course, from bullish to bearish and vice versa, should the market reverse in direction.
Simplicity In Design Of The Quantum Swing Trader System
Bill Poulos reveals one of the truths that many traders learn only after gaining years of experience. The best trading systems tend to be simple.
Quantum Swing Trader fits that description. You will learn how to use two common charting tools, found in most any charting software package, to identify those price points at which a significant market move is likely. Once you know that the move is coming, you simply need to apply the trading rules and money management discipline outline for you in the manual and video presentations. Quantum Swing Trader documents a complete trading system.
Quantum Swing Trader and Stock Options Trading
The primary thrust of the system involves the purchase and sale of stock, there are also examples of substituting call or put options for added leverage. In general, you will be buying an in-the-money call or put option using Bill Poulos’ recommendations for entry and exit. Option pricing models are not covered in the course, as it moves beyond the scope of what is intended to be offered by Quantum Swing Trader, but you receive sufficient information to adapt the system for use with options should you choose to do so.
Bill Poulos Does Not Give You A “Black Box” Trading System
Many companies selling trading systems, program their rule set into a proprietary piece of software. Their instructional materials and support services are geared to help you act upon the buy and sell signals generated by the software, but they leave you in the dark as to precisely how the signals are generated.
This “black box” approach prevents you from learning how the trading system works, from refining it to suit your individual needs, or from learning how to develop your own trading methods. Worse still, you become entirely dependent upon the software company for ongoing maintenance and upgrade of the trading system, as well as any data feed. Typically, this involves an annual contract costing hundreds, or even thousands of dollars.
Each trading system that I have reviewed from Bill Poulos is a fully documented trading system. He reveals precisely how ‘buy’ and ‘sell’ signals are generated, how stops are set, how trades are opened and closed. With each trading course he demonstrates its use on different software platforms, giving you the choice as to which charting package you want to use. Once you learn one of Bill Poulos’ trading systems, you fully understand how and why it makes and loses money. This frees you to adapt and refine the system as you see fit. Since you’re not tied into a specific piece of software or data feed, you could easily translate the system for use in other financial markets.
Quantum Swing Trader – Charting Software And A Good Broker
About the only things not included in the Quantum Swing Trader package are charting software, a brokerage account and trading capital. You’re on your own finding that start-up trading capital, but I can provide you with some help concerning the other two requirements. There are many good brokers out there and if you are happy with your current broker, there is probably little or no reason to change. If you need to open a brokerage account, or are unhappy with your current arrangement, my two recommended brokers are OptionsXpress and ThinkOrSwim.
As far as charting is concerned, you will not need proprietary software or indicators. This is no “black box”, leaving you in the dark as to how buy and sell signals are generated. You will learn how to configure your software to search out and assess trading opportunities. On the screen capture videos, Bill Poulos walks you through how to configure Advanced GET, TC2007, and Trade Navigator.
If you do not already use one these programs, my recommendation would be to favor TC2007 from Worden as the software is provided to you at no cost and the data feed is very affordable. Worden does an excellent job of supporting the software and educating its user base as to how to maximize its software. The cost for everything will set you back less than $300, while giving you excellent capabilities.
The other two programs are pricier, as are their data feeds. Using TC2005, once configured, you will be able to sort through thousands of stocks using the Quantum Swing Trader criteria in a matter of minutes. Bill Poulos walks you through exactly how to configure the software so that you can sort through the universe of stocks and quickly identify those that are poised for potentially big moves.
Bill Poulos Understands Money Management
In addition to an elegant set of trading rules, Bill Poulos also incorporates stringent money management principles. Effective money management is the difference between a successful, profitable trader and the poor individuals who go bust after a couple bad trades. This is one area where Bill Poulos’ 30-years of trading experience shows.
Many trading systems skim over money management or leave it out entirely, as it is typically not what sells trading tools and lacks excitement. However, it is critical to your success. Following Bill Poulos’ money management rules will keep you in the game long enough to be profitable. He shows you how to set yourself up for sizable gains, while risking a limited portion of your portfolio. Big gains and small losses are key to preserving and growing your trading capital.
How Does Quantum Swing Trader Compare
I have been a big fan of Instant Profits and thought that the subsequent release of the Super Divergence Blue Print was a solid addition to that trading system. A group of us here at TheOptionClub.com back-tested the system, proved its profitability, and adapted it for use with options. (Read Our Review.)
While I have not yet back-tested Quantum Swing Trader, there is no doubt in my mind that it is a profitable system when properly used. In fact, I expect that it is a superior trading system because it allows for unlimited profits. I am quite pleased adding it to my trading library
Testimonials
“Thank you for putting together a complete course that details every aspect of the method. So many courses these days do not give you all the information needed to successfully trade, but your does! My first trade in STLD has paid for the course! Thanks!”
Eric Grunewald*
Wasau, WI
“Thank you for a great product. I have paper traded every stock listed on the Profit Feeder since March 3rd and have actually traded some of the stocks myself with great results. 73% of stocks that hit the trigger price have been successful with the 3% profit target and have become ‘free trades’. Keep up the good work!”
Greg Winch*
Phoenix, AZ
“Because I was tired of ending up as roadkill on the investing highway, I invested in Quantum Swing Trader. Thanks for putting the program together, Bill. The course is quite simple and the method is clearly explained. So much so, that after a short practice period, I have been enjoying profitable trades right from the start. Losers? Occasionally, but they’ve been small and far outweighed by the many profitable winners.”
Tom G*
Houston, TX
“What a great trading tool! Easy to master and use effectively, and most of all, it really makes sense. No secret formulas or hidden services that we’re dependent on. Just a clear, concise and methodical method for success. Thanks again!”
Lee Zaretsky*
Austin, TX
“I understood the course very well. I have had VERY good stock trading so far using your method. I had been trading stocks for 3 months before buying your course with mixed success and only a little profit… I was really floundering! Then, I bought your course and technical trading started to make sense. Before actually trading with your method, I followed a few stocks from the Profit Feeder on paper using the Acharta charts. If my paper trades had been actual trades I would have made money. So I went ahead and made a few real trades (7). I closed out the first step of 5 of them for a 3% profit in each case. This is a much better record than I had before!!! My compliments to you on a GREAT course!”
Marge M*
Haverhill, MA
“Thank you, Bill, for your customer support. Having an ongoing resource to answer real-world questions is invaluable. Both my initial virtual and live trading have produced positive results and your ‘scale out’ strategy has given me the confidence to commit more funds to the Quantum Swing Trader method. It is truly a superior risk management technique and your emphasis on discipline makes all the difference between success and failure. I look forward to your continuing insights and enhancements that will only improve the results. You, no we, have got a winner!”
Gary King*
Cape Coral, FL
“This is one of the most complete trading courses I have seen. It outlines step-by-step the trading criteria with tons of examples. The Profit Trader access was invaluable in helping me improve my skills in recognizing trade setups.”
Lori S*
Honolulu, HI
“The most important lesson I learned from experiences is to control the trading risks and Quantum Swing Trader offers the answer – ‘free trade’ money management. ‘Free trade’ money management… reduces my potential losses by 90% to 95%!”
H. Liao*
Belle Mead, NJ
“Bill Poulos provides ‘meat and potatoes’ courses that, if diligently applied, produce results. I own two of Bill’s courses — Instant Profits and Quantum Swing Trader. Neither are ‘get rich quick’ schemes, but both produce positive results. But what I appreciate most about Bill’s courses is the constant support after purchase to ENSURE that all course materials are fully understood and properly applied. All of my emails have been promptly and thoroughly answered. Profits Run courses are definitely value for the money.”
Peter D*
Montreal, Canada
“Excellent job on your course! I’ve spent (literally) thousands of dollars on other courses, software, books, and subscription services – you name it. Your course is by far the best, easiest to understand/implement, and the most complete I’ve come across. I’ve back-tested it on some equities and it is truly impressive. The beauty of the course is in its ’simple and direct approach’ to technical trading. You present your student with everything from how to get in, limit risk, reverse on a trade, and ultimately take profits.”
Alex A.*
Tampa, FL
“Quantum Swing Trader gives workable criteria and search parameters for pin-pointing appropriate stocks for trading more successfully. One can eliminate the expensive offers by so-called experts to spoon-feed stock choices that usually don’t work. This also saves thousands of dollars of wasted money for such services. Quantum Swing Trader certainly helps one learn to ‘think for oneself’.”
Russ Brenneman*
Muskogee, OK
“Quantum Swing Trader (QST) has not only helped me to increase my wins, but I am now more disciplined in my trading approach and have become more confident! I am impressed with this simple yet powerful approach to trading. QST is working well for me! It has become my primary trading method. Recent picks ACI, PCU and FD have done and are doing very well. It almost seems like you can feel a good trade coming on. Your hard work is helping a lot of traders and it is appreciated much. Since QST makes more money for me than total losses, I didn’t even feel bad about getting stopped out twice recently. The cost of the method is outweighed by the reliability of the method. Thanks Bill and Greg!”
Neal Morris*
Bermuda
Learn More About Quantum Swing Trader and How To Purchase here
