Online Trading Academy

[Redneck]

Quote from learningTrading:

Great questions.

I thought I can do it by myself. Thats why I have been learning on my own. No disipline, Greed, Emotional. And lack of anaysis skills. I learned all the technical anaysis but when I look at the chart I tend to get all confused with the tools. ..... I can name more of my illnesses...

I know what my problems are. I feel like I need some experts to help sort everything out and be more disiplined. And I want to learn the knowledge from them. That can speed up my learning process. Another reason why I enrolled is the network. I think being trading alone tends to be too subjective. Sometimes it helps to get another opinions.

Like I said to RN, I might not that smart enough and brave enough to learn everything on my own.

I just hope I can really get benefit from OTA not fall into a trap.

In general. if they are sincere business people, knowledgable teachers and willing to help people, I can LEARN. And of course when I can see the growth in my account. The 5K is paid off... Lets hope that!

Wish me luck!

Please read this entire journal - She is also a trader

http://www.elitetrader.com/vb/showthread.php?threadid=132626

 

[learningTrading]

Quote from Redneck trader:

Please read this entire journal - She is also a trader

http://www.elitetrader.com/vb/showthread.php?threadid=132626

Great information!
She knows so much for a starter!

 

[learningTrading]

Quote from bigpapi:

No, if you learn what you really need to learn (most importantly to control your emotions and "need for greed") I'm sure you will be fine, it's the easiest job in the world, but it's also the hardest.

Big Papi:
Thank you so much!

 

[duhmentor]

Quote from learningTrading:


I know what my problems are.

Can you list them and explain how OTC will solve them.

 

[learningTrading]

Quote from duhmentor:

Can you list them and explain how OTC will solve them.

I listed them already.
I will let you if they can help me solve them!

 

[TraderZones]

Quote from learningTrading:

I listed them already.
I will let you if they can help me solve them!

How can you possibly be attending OTA if you read what people said here about them?

Try doing a little internet research on them (ignore the 5 star reviews they post all over the internet about themselves).

You will soon realize that they are incapable of teaching people how to make money. They teach you useless TA and standard trading 101 stuff that should cost $30 in a book.

I attended their 2 hour "get you excited and sign you up before you walk out the door" session (sorry, "educational session).

Get your money back, unless of course, you are shilling for them.

 

[Bolimomo]

Quote from bigpapi:


.....
Jack Schwager - Stock Market Wizards

Mark Douglas - Trading In The Zone

van K. Tharp - Trade Your Way to Financial Freedom

If these authors can't help you improve, I don't think anyone will.

I have read the above 3 books. While good reading, those are IMO books about trading but not the ones to tell you the "how". What LearningTrading needs may be a drill sergeant to show how to acquire a target, how to aim, and when to pull the trigger. Reading in general "how a war is won" or "interviews of the best soldiers" (Stock Market Wizards) may not really help her to get started.

I am not saying OTA is the answer. Beginners have to get started somewhere. Some by reading books, some by taking brick-and-mortor training, some by winging it. Some will come out okay with any of these approaches.

But what disgusted me is in these discussions everytime someone says something good about such-and-such, he/she is automatically a shill.

Why didn't I hear bigpapi being accussed of a shill for Jack Schwager, Mark Douglas and van K. Tharp?

 

[seaker]

learningTrading,

I wish you good luck in your upcoming class with OTA and hope you become profitable but the best OTA has to offer if given away free on their website.... Go through the "Lesson from the Pro`s archives and read the portion written by Sam Sieden and you will learn everything you need to know...

http://www.tradingacademy.com/free-resources/Newsletters.aspx

PS beware of the hard-sell for an $6000 XLT upgrde on the 5th day of your class

 

[bigpapi]

Quote from Bolimomo:

Why didn't I hear bigpapi being accussed of a shill for Jack Schwager, Mark Douglas and van K. Tharp?

LMAO that's right around the corner I imagine

 

[l2tradr]

Quote from Bolimomo:



Why didn't I hear bigpapi being accussed of a shill for Jack Schwager, Mark Douglas and van K. Tharp?

This is why most of the reviews content on this (or most other) boards is worthless: if you are positive you're a shill, if you're negative you must be working for the competition. And since both of the above exist, it is tough to distinguish between truth and bs.