onlinetradingacademy.com

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3.0
  • Drule Pillage reviewed 9 years ago
  • last edited 7 years ago

While better than nothing when first starting out learning how to trade, it is a more expensive route. I am a graduate of their course, and while it has some merit, I wouldn’t depend on OTA alone for success. Trading is difficult and no class alone is going to make you a great trader. Like anything else it takes long hours of experience and independent thought.

I no longer use their trading method (there is no right or wrong method, more a personal choice of what works for each individual), but I credit the school on giving me a foundation to start on which I independently developed.

As for the comments regarding the info seminar being a big sales pitch…… yes it is, but come on, who doesn’t truly expect that going in. Standard Marketing/Sales 101

If I were to start all over again, would I do it again? Probably not, but that doesn’t mean for some people it would be ok (especially if cost is not that much of the concern).

One a side note, if you are a newbie don’t just blindly start trading in the market either. That is a easy way to lose. There are tons of free stuff online you can study first, then tip toe in.

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2.0

My husband attended OTA in Orlando, FL 6 years ago. $5,000 later and then another $5,000 and then another $4,000. The only people making money is these guys taking your money. Brain wash you into thinking if you take JUST ONE MORE class you will learn the secret of trading. Yeah right~they are a bunch of scammers. My husband then took the Beat the Market Maker course in Orlando and paid out that magic number~ $5,000. No matter what he did or how hard he tried and followed all the rules he got taken to the cleaners on this investment too. DO NOT GIVE YOUR HARD EARNED MONEY TO THIS CONS. START YOUR OWN CLASS AND SUCKER IN TRUSTING PEOPLE TO HAND OVER THAT MAGIC NUMBER OF $5,000!!!!

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2.0
  • Billy Bob Jones reviewed 10 years ago
  • last edited 7 years ago

Guys, OTA is the closest thing I know from the Red Cross and Mother Theresa…

Alright: here’s how it’s done in Canada. They promise you a free training for 3 hours where they will cover a massive number of items AND they will give you a memory stick with 4 training videos in there…

Well, like the Big Foot, that mem stick loaded with 4 videos ain’t real.

Then I got sucked in a $300 training for 3 days … worth $750. This was a 3 days sales pitch. The guy was supposed to trade live… well not only he did not trade live… but he did not even do a simulated trade.

We were about 15 fish in their net. About 4-5 got hooked and registered for their “wholesale” deal of $14,000 for their combo XLT, 7 days Pro Trader training and 2 years or Pro picks. That shit is supposed to retail $20,000.

The presenter made sense most of the time but he really bullshited bit time when he said that stocks sooner or later will always go back up to their previous highs as there is pent up supply there… That’s what the Nortel shareholders were hoping for. Never happened. Let’s see how BLackberry does.

I am SOOO glad I did not bring my spouse there as she would have been so pissed.

I am not saying that 100% is crap but the few titbits that are good can be found in other places. Theri game is simple… they won’t give you the secret chicken recipe until they have your dollars… and I got in touch with a former student who told me that of all their odds enhancers, only two ended up being important, like vital to his trading style today. He also told me that him and his former colleagues had some serious doubts about the results of the Propicks. They suspected some serious cherry picking and early culling of the bad trades. Buyer beware.

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1.0

OTA IS A RIPOFF HIGH SALES PRESSURE COMPANY!

I DON’T RECOMMEND IT FOR FOREX TRADERS.

Reasons:
1. What they teach is available for free on the web.
2. To get to FOREX class you need to take stock trading courses which is a waste of time and money.
3. Way OVER PRICED! You can put a down payment on a car or house for what they charge.
4. If you attend the “free” half day course your brain will spin for months. They treat you like Sh*t.

In one sentence. STAY AWAY!

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1.0

as everyone is saying they have very good tactics for sale been in class bad they say they teach u but all they want is get in to ur pocket & get u spend like $20k to be trained .

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1.0

The XLT is nothing new from the class, or even worse than the class, but you pay big bucks for it. Don’t pay it!

Most people from my class still losing money after years, I was there 2 times and had to give it up, but find better ways from website

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