Online Trading Academy: worth the money?
Online Trading Academy VP of Education
Before making an investment in education, with Online Trading Academy or any other school, you might ask yourself: “is it worth the money?” Of course, you should read the reviews and testimonials from current and past students but we will try and answer that question for you.
The first answer is, “compared to what?” If you have a sizeable portfolio, you may currently pay several thousand dollars every year in broker commissions and management fees. Online Trading Academy teaches you to make your own decisions so you can skip the management fee and use far cheaper discount brokers. Right there you’ve paid for your education and probably kept some money in your pocket as well. This is not a criticism of brokers, in fact Online Trading Academy has classes that teach you how to monitor a broker if you prefer to work with one, but you should be sure you get what you are paying for. Read the reviews and student critiques for details!
Or, you may be “paying tuition” at the school of hard knocks by making trades that end up costing you far more than you would pay for an Online Trading Academy education. They teach that patience and practice are the hallmarks of a trading pro. The concepts are simple but it takes education to put them into practice when your money is on the line. The reviewers give lots of testimonials that say that.
Just as important as making money, you’ll learn how not to lose money. They show you how to use protective stops to reduce the consequences when the trade doesn’t go your way. Lose small, win big is the idea. Again, you will find evaluation, testimonials and reviews from students which will prove the value of OTA’s trading education.
But here’s the main thing. You don’t have to put one penny of your money on the line until you are convinced that Online Trading Academy is right for you. There are many free resources that you can sign up for and get more information. The most important is the free half-day class called “Power Trading Workshop” which is given regularly at the local centers and also online. You can sign up on their website here.
You should also sign up for the Lessons from the Pros electronic newsletter which is published once a week and contains trading advice from top instructors at Online Trading Academy. The subject matter covers stocks, options, futures, currency, real estate, even trading psychology and the level ranges from beginning to highly advanced. There are also special interest articles for overseas trading in India, Singapore, Indonesia etc.
We have just scratched the surface of the free or inexpensive resources available on the Online Trading Academy website. You’ll also find free streaming mini-courses and CD courses that are a great value. Is it worth it? Go to tradingacademy.com and decide for yourself!