Posts tagged “trading knowledge”

Learned how to analyse stock charts to find what price zone I want to enter at

My background: Having been trading for 30 plus years, I would say almost 90% of those years my trading account was in a net loss for that year. My trading account starting value was between $2000 and $3000 and over those years I would have to add more cash to my trading account because I would keep blowing out the account out on bad entry trades, trades with high risk, or improper trade management. Fortunately, through the company that I used to work for, my personal 401K had grown too close to 500k, before I retired from work. What questions I had for OTA: 1. My main concern is, do I have enough money in my IRA trading account to cover all my monthly expenditure? 2. How many trades or trade gains do I need to meet line 1 question? 3. What type of trade will I need, buy and hold, option trading, short term trader, future trader, or a mix of all? What I have learned after completing OTA’s Professional Core course: 1. Create a trade plan to use as guideline and how-to setup my trading goals (how I can, by trading, cover my monthly living expenses). 2. Learned how to analyse stock charts to find what price zone I want to enter at, and with high probability, where I suspect price will go to meet suspected target goal. 3. Learn if I’m should take a trade long, short, or no trade if the trade setup doesn’t comply with my trade rules. 4. Learned money management on my trading account (proper risk/reward rules) and trade position size. 5. Learned how identify before entering a trade, what my target goals and stop loss are and how-to setup trade orders to be executed if the traded stock hit either price, per my trade plan.

Rob Hanson (Minneapolis, MN)

The courses are packed with information

OTA is a great and insightful way for an individual to build upon knowledge about the trading world. The courses are packed with information to suit people who are new to trading. The staff are friendly and answer all questions that are addressed to them, highly recommend OTA for all ages.

Della Rose (London, UK)

my knowledge has grown at an awesome rate

I came to OTA with barley any knowledge of the market or how many assets it included. Between January 2015 when I attended the Market timing class, and now May 1st post Forex, my knowledge has grown at an awesome rate. I personally don’t think you can acquire knowledge this fast and in-depth anywhere else.

John Owen (Norwalk, CT)

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