Warning: Online Trading Academy (tradingacademy.com)

Quote from dsave:

One of the CD packages online has this for a description.

The Ultimate Professional Trader Plus CD Library

Receive over 38+ hours (24 CD's) of our highest quality trading education in one package! Order all of our trading education CDs at an astonishingly low price! Get the education you need to increase your trading skills!


If you read closely you will notice it says "our highest quality trading education." And you said the CD content is basic...so what does that mean? It means you lie to your customers. And it means this is the best you offer and it is complete garbage that can be found on Wikipedia.

And say what you may, my CD's, every single one of them, crashed at least 4 times before I finished it, not to mention all the times the sound cuts out.

Also, when you stop scamming I will stop complaining, you are just mad that your image is crap and only gets worse. I have every right to be upset when I get treated this way.


LOL dude u need to relax. First of all-- I don't work for the company. I have taken the 7 day Protrader course, the 5 day Options course, the 3 day Tradestation platform immersion class, the 4 day Technical Analysis Online class, and am a member of XLT Stock and XLT Mastery...

What does "basic" mean? Well you came across as someone who had already a general knowledge of trading-- if that indeed is true in my opinion the CD course would probably be rather mundane.

With that said I will acknowledge that OTA's verbiage could probably be revamped describing the CD's... as the content that comes out of the live classes is exponentially more advanced. And no I am not a shill, although I will be prepared for you to point fingers no doubt.

Do me a favor-- I'd like to hear your explanation on how you would use let's say an indicator like CCI or MACD for a trading decision? How about give some indications on how you judge the validity and strength of a level? Just curious...
 
Quote from Riffraffpatrol:

LOL dude u need to relax. First of all-- I don't work for the company. I have taken the 7 day Protrader course, the 5 day Options course, the 3 day Tradestation platform immersion class, the 4 day Technical Analysis Online class, and am a member of XLT Stock and XLT Mastery...

Now that u have basic knowledge about trading, u should place this quote below on your fridge:

More than 90% of small traders lose in a "Spectacular Fashion." They just lose!!

I hope u will be those 1 in 100 traders make it in this game something they don't teach u in the trading academy

Good Luck
 
Quote from emg:

Now that u have basic knowledge about trading, u should place this quote below on your fridge:

More than 90% of small traders lose in a "Spectacular Fashion." They just lose!!

I hope u will be those 1 in 100 traders make it in this game.

Good Luck

And why do you think that is... just curious?
 
Quote from Riffraffpatrol:

And why do you think that is... just curious?


don't worry. u will find out. very rare for a rookie to make it out in this game for the first 3 years of live trading.

U don't need to prove anybody in this ET. Just count how much money u loss and figure out how much money u will lose.
 
Quote from emg:

don't worry. u will find out. very rare for a rookie to make it out in this game for the first 3 years of live trading.

U don't need to prove anybody in this ET. Just count how much money u loss and figure out how much money u will lose.


LOL I'm not a rookie trader FYI... I'm a rookie Elite Trader poster however. And I know EXACTLY why 90% fail in this business.. just curious if you do.
 
Quote from Riffraffpatrol:

LOL I'm not a rookie trader FYI... I'm a rookie Elite Trader poster however. And I know EXACTLY why 90% fail in this business.. just curious if you do.

read my 1700 posts. u will learn more than what u learned at the academy
 
Quote from emg:

read my 1700 posts. u will learn more than what u learned at the academy

LOL really now? Tell me how you define the strength of a level? Surely you can do it in a few bullet points... no?
 
Quote from Riffraffpatrol:

Intellectually this post is absolutely absurd. Are you really serious in believing what you just posted?

What does a "franchise" operation have to do with anything? You have blatantly made a presumption w/o basis that due to the business model structure, the nature of the business itself is automatically trumped as being compromised and invalid. There is 100% zero basis for your presumption... and there is not a single thing you can objectively point to for proof that your post holds any weight whatsoever.


First, I know nothing about trading academy other than what I read here. With this said, what the poster wrote makes sense. Trading education does not lend itself to a cookie cutter type franchise like a KFC due to the changing nature if markets. If it did, the system could be computerized like WizeTrade and there would be no need to take the course just buy the system. Remember, you are buying from a franchisee who was trained in a system-- why does the franchisee need to sell education if the system itself made money? Something doesn't make sense. Any true professional trader isn't interested in teaching others or if is will do it gratis.
 
Quote from marketsurfer:

First, I know nothing about trading academy other than what I read here. With this said, what the poster wrote makes sense. Trading education does not lend itself to a cookie cutter type franchise like a KFC due to the changing nature if markets. If it did, the system could be computerized like WizeTrade and there would be no need to take the course just buy the system. Remember, you are buying from a franchisee who was trained in a system-- why does the franchisee need to sell education if the system itself made money? Something doesn't make sense. Any true professional trader isn't interested in teaching others or if is will do it gratis.

You couldn't have said it better with your opening statement:

"First I know nothing about trading academy.."

Enough said. This isn't a "system". A "system" is not being sold. It is absolutely uncanny and fascinating to me how everyone and there mother thinks they have it figured out what OTA actually is teaching.
 
Quote from Riffraffpatrol:

You couldn't have said it better with your opening statement:

"First I know nothing about trading academy.."

Enough said. This isn't a "system". A "system" is not being sold. It is absolutely uncanny and fascinating to me how everyone and there mother thinks they have it figured out what OTA actually is teaching.

What are they teaching that isn't already in the public domain for free?
 
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