Online Trading Academy is one of the biggest market education services. The company offers a variety of online and offline courses with a broad range of topics, including stocks, options, forex and more. Read this review to see if the service is a good fit for your trading style. Online Trading Academy is a comprehensive trader training and education organization that has been in business for over two decades.
They are a marketing powerhouse that markets their services and products through infomercials, television and radio ads to draw people to their free live seminars.
These seminars are used to pique the interests from the attendees who are then offered the opportunity to attend an advanced trading class and become further immersed into their training programs. They have trained over , students worldwide since inception in as the training arm of Block Trading, one of the forerunners of soes bandits.
The organization has grown to over 40 on-location training centers spanning globally from the Americas to the Middle East, Europe, Canada and Asia. Most of the office locations are individually franchised but all follow the proprietary curriculum. OTA covers all trading styles ranging from intra-day scalpers to multi-day swing traders to longer-term investors with emphasis on explaining the hows and whys of market forces.
They balance fundamental analysis with technical analysis techniques to provide students with a full range perspective of the markets. Online Trading Academy is all about the courses they provide on-location at the various worldwide offices and online through interactive remote access sessions. OTA slowly transitions would-be traders from the free half-day presentations to discounted multi-day live and remote courses that progressively get more advanced and intricate as traders move forward.
Heavy emphasis on technical analysis is covered with classic patterns and many patented and proprietary indicators and techniques including supply and demand lines.
The free half-day live workshops are the gateway introductions to OTA. These are often marketed through various media channels. Potential students are given the opportunity to continue their training with limited time discounts at the seminars. Once students pay for a course, they are allowed to re-take the courses anytime they find a scheduled opening.
They teach diversified strategies for trading multiple financial trading products including stocks, options, forex and futures. The courses start from scratch educating investors on the basic working of the markets and market timing to trading tools and methodologies. The Core Strategy courses are split between Income Solution and Wealth Solution, which basically differentiate between traders and investors.
Income is more intra-day and actively managed trading compared to less aggressive and more passive mid to longer-term swing traders and investors. The path of each set of courses leads ultimately lead to the elite Mastermind Community program.
While the on-location live training courses the most immersive ways to learn, OTA also provides remote training sessions as well. These sessions include a live instructor that shares his screen with live charts and notes marked up so that attendees have all the materials in place. Participants can communicate through the chat and ask questions. The Extended Learning Track XLT courses are a combination of remote live and self-paced and interactive training sessions that extrapolates and applies principles from the Core Strategy Course covering stocks, Forex, options and futures markets.
The All Asset Mastery course is the ultimate combination course that integrates all the tools and resources for the most ambitious traders and connects them with other students in the Mastermind community. Membership into the Mastermind community is only given to students that complete three qualifying XLT courses. These courses cover topics like real estate investing and wealth management, which includes tax and estate planning to address more conservative long-term planning.
OTA is always adding to these courses, which are a very diversified way to fortify the financial base outside of active trading for many students. They interview various industry guests that provide unique insights covering the most active financial markets. A lot of good free information can be found in these interviews. Podcasts are available for download on Itunes and Google Play Store.
OTA has done a great job of simplifying the markets so that newbies can onboard easily and proceed towards reaching the level of seasoned trader in time.
These guys cater to every level of trader including intra-day, swing and long-term investors in a complete and comprehensive process oriented education model. The specialty courses are a nice touch that lends towards integrating more diversification outside of trading for students. The pricing for the courses can vary based on individual experience and financial situation.
Each student meets with specialists to determine their individual goals and ability to finance the courses. The half-day workshops are free and the follow-up courses apply in-person discounts ranging from a few hundred to thousands depending on how many courses are purchased. The Mastermind Community program is for the elite students that put in the time and money commitment necessary to gain acceptance.
The quality if good but the pricing can be lofty. Dave has been a part-time day trader and swing trader since when he first became obsessed with the markets. He focuses primarily on technical setups and will hold positions anywhere from a few minutes to a few days.
Over his trading career, Dave has tried numerous day trading products, brokers, services, and courses. He continues to test and review new day trading services to this day. Your email address will not be published.
Online Trading Academy Review. Summary Online Trading Academy is one of the biggest market education services. Next Cobra Trading Broker Review. Dave Dave has been a part-time day trader and swing trader since when he first became obsessed with the markets.
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