Online Trading Academy-HELP!

So far I would say that I am still learning. I have wins and losses, and in the end I am mostly breaking even. I have not taken the XLT's and there are some good opportunities to make some money if you follow along during live trading. They have online webinars every week that are free to graduates, but they usually occur outside trading hours.

Brad
The XLT Sessions are not essential, far from it. The difference I have noticed is that XLT students trade in price action as they are taught to do, leaving behind ascending triangles, descending flags, hanging men, diji dojis et al. The focus is as always based upon having a plan and following it. A great advantage is the networking facility, we can concentrate on say the forex majors but every now and then someone will bring to the floor a more exotic forex minor, this is shared amongst the group and often there is a networking session afterwards. A lot of trades shared in this way can turn out very lucretive.:cool:
I was at an event recently where a fellow trader whom I had been on a course with several years ago told me he was still having problems with exit and profit taking rules. I reminded him of Renkos and Heiken- Ashi both of which had been touched on as a mechanical way of trade management. He admitted he had forgotten them.
The point is we can attend a course but not absorb absolutely everything and depending on what the class is like things can be a little awkward if there is a disruptive knobber as a student which is not conducive to good learning. The XLT allows us to ask any question and we are directed to the fuller scource of information so it is a continual learning process. That is the main thing as after all we are all students of the markets one way or another. If not then you should be.:smart::cool:

P.S Brad, I will be at the hour with the pros on monday, hosted by Steve Beaumont, mail me at [email protected] If you are gonna be there.
 
Last edited:
Re: Ota

Hi darren
I've researched OTA for the last 6 months and haven't found any 'bad' news at all. I'm new to trading but have been a succesful businessman for the last 10 years so know a little bit about carrying out due diligence before parting with any cash! I'm attending the seven day pro trading course next week - prior to this I've done the Robert Newgrosh New Skills Technical Analysis courses which were excellent. I see the OTA course as the next stepping stone and am not expecting it to be some kind of holy grail - I've met with the uk managing director Georgie Cox who seems like a very genuine likeable girl - again I've researched her personally and have found nothing dodgy. My view re costs is that having put two kids thru university the ota costs seem reasonable if the course delivers what it says - one key thing that attracted me was that the trainers have to be active and successful traders. Will let you know how I get on!
Wayne Marshall

So tell me what Georgie Cox has ever done in financial markets ? My son has a pet hamster that looks and sounds more like a trader than her. I did a cursory google search on her and found nothing of relevance or interest. Not what you'd expect. Anyway - i guess its just a first impression but it was a bad one for someone splashed all over Bloomberg ads fronnting a financial markets trading school.
 
Re: Ota

So tell me what Georgie Cox has ever done in financial markets ? My son has a pet hamster that looks and sounds more like a trader than her. I did a cursory google search on her and found nothing of relevance or interest. Not what you'd expect. Anyway - i guess its just a first impression but it was a bad one for someone splashed all over Bloomberg ads fronnting a financial markets trading school.


Nice Troll attempt Marcus, on your first post you slag off somebody who does not even profess to be a trading expert. Georgie herself does not actually teach classes, the OTA instructors with the experience do that. She is a genuine person, unlike some in the business.
:smart::smart::smart:

PS What does a "Trader look and sound like".?
:innocent::innocent::innocent::innocent:
 
Last edited:
You take 16 hours of classes a week? :eek:

Yes pazzy wazzy I do. If I learn 1 thing in a week that I didn't know before then its worth it to me.
:smart::smart::smart::smart::smart::smart::smart::smart::smart::smart::smart::smart::smart::smart::smart::smart::smart::smart::smart::smart::smart::smart::whistle:whistling:whistle:whistling:whistle:whistling:whistle:whistling:whistling
 
Yes pazzy wazzy I do. If I learn 1 thing in a week that I didn't know before then its worth it to me.
:smart::smart::smart::smart::smart::smart::smart::smart::smart::smart::smart::smart::smart::smart::smart::smart::smart::smart::smart::smart::smart::smart::whistle:whistling:whistle:whistling:whistle:whistling:whistle:whistling:whistling

Do you pay for this? How can it possibly take you that long to learn stuff?

Are you a bit "slow"?
 
No Pazzy , I don't pay for this. I enrolled in the programme a few years ago when it was in its infancy. Cost next to fork all and I have the grandfather rights on improvements. The system has evolved since then , seriously evolved and I am glad to be part of it. I take the information they give me, I take the trades they throw me, I take trades of my own. Im essentially a forkin lazy barsterd, not a slow learner when I put my mind to it and it gives me the chance to BURN MORE CATHOLICS.
 
No Pazzy , I don't pay for this. I enrolled in the programme a few years ago when it was in its infancy. Cost next to fork all and I have the grandfather rights on improvements. The system has evolved since then , seriously evolved and I am glad to be part of it. I take the information they give me, I take the trades they throw me, I take trades of my own. Im essentially a forkin lazy barsterd, not a slow learner when I put my mind to it and it gives me the chance to BURN MORE CATHOLICS.

But do you really get something out of it? I mean, 16 hours per week? The only thing I do for 16 hours per week is jerk off.
 
But do you really get something out of it? I mean, 16 hours per week? The only thing I do for 16 hours per week is jerk off.

Would that be burning CATHOLICS or OTA lectures. If its the lectures then I listen with 1 ear , watch with 1 eye and have my porn channel on the other.
:LOL::LOL::LOL::LOL::LOL::LOL::LOL:
On the serious side, I get a whole lot out of it, mostly shoring up my own assessments. I am in a session at present, the Sunday evening analysis.
 
Top