T2W Trading Community

TJ: Any plan of setting up more offices in Asia’s?
JD: Yes, we are in conversation this month with local prospects to award franchises in Hong Kong, India, Korea, China, and Japan. Our existing Singapore franchisee has plans to open in Malaysia in the first quarter of 2008.

TJ: What do you teach in OTA?
JD: I personally focus on teaching our students in classes and XLT webex forums for alumni only. I teach active trading/investing and macroeconomics via the Austrian School pioneered by Ludwig Von Mises and Hayek for my “Globalizaton 3.0 Credit Bubble Crisis” perspective and forecasts. Visit www.mises.org for more Austrian Economics School transparency.Discover why the Dow/constant dollar index and Dow/Gold index is telling us that we are still in a secular bear market from the top in 2000. If you do the math, you will be amazed and make better choices in your trading.

Part III: Recommendations

TJ: What books would you recommend to our readers?
JD: All of the obvious trader books are good values in my mind and add value to the discussion and debate. I want to focus your readers on two books I have found to be the most valuable in forming my forecasts in the Globalization 3.0 Credit Bubble environment. One book is The World is Flat by New York Times author, Tom Friedman. Ed Ponsi, an OTA Forex instructor has just published through Wiley Books a must read for Forex traders called Forex Patterns & Probabilities.

TJ: What advice would you give to someone who is thinking about trading for a living?
JD:

1. Start slow with small position sizes as there will be a steep learning curve and set realistic expectations. 
2. Get a formal DMA trader education from OTA before you put one dollar at risk, as we support our students’ life long DMA learning needs with proven techniques in both bull/bear markets. 
3. Learn to short sell with tight trailing stops, and give up your buy-and-hold bias that Wall Street and the media has conditioned.

TJ: Do you have any final comments you would like to share?
JD: Visit our website and share it with your friends who need this important information:
www.tradingacademy.com for our free webinars and subscribe to our free Lessons from the Pros eNewsletter. We publish 3 or 4 times per week with specific forecasts. And I hope all your DMA trading days are green.

Thank you for your time, John.