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Online Trading Academy Mike McMahon Reviews

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Online Trading Academy Mike McMahon Reviews

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103 reviews available


Don't expect to learn how to trade from the ProTrader Course, March 26, 2012
Reviewer: Larry templeton from los altos, ca - See all reviews by Larry templeton

12 of 13 people found this review helpful

I took the protrader course about a year ago and I've kept in touch with others from my class. None of my classmates are making money. I did learn some fundamentals, but this course leaves a great deal to be desired. I've done a lot of study since and now have a much stronger toolset than OTA gave me, but I'm still far from being a regularly profitable trader. I also found the XLT course only marginally useful because they teach very little about advanced indicators and other helpful techniques. All in all, there are much better deals around.

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VERY DISSATISFIED OTA, March 06, 2012
Reviewer: Anonymous from NYC - See all reviews by Anonymous

21 of 27 people found this review helpful

Online Trading Academy - I was enrolled in there so called pro trader course. Not what I would call it's more like a beginner class 101. The pro trader course shouldn't be called that it should be called the beginner course like it is. Pro trader means (pro trader) doesn't it. Maybe I'm wrong. They do a good job on the half day class pumping up the pro trader course. For me a pro trader class should consist of at least oneday of stock oneday of options oneday of fx etc you get the picture. They gave you like 5 days of supply & demand 5min on option & fx. Then at the end of the 6st day they came out with the new course choices lol. let me say this frist when I signed up they said you are now part of there family lol.They choices where go big or go home (what happened to the family) you had two options 10,000 or 15,000 wow thank god for family. You know maybe if they did a pro trader class like i said maybe pepole would sign up. They have the word academy in there title they should act like one and teach a pro trader class not a beginner coures.. How do they expect pepole to sign up if they don't teach them about stocks & options & fx 15,000 and I dont know if its for me...it was not all bad the food was ok lol. I did learn a thing or two but not 6,000 dollars worth.If you are a beginner it you will learn but negotiate. No lunch is worth 6 grand... good luck make a millon my fellow trader

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pro picks dont work, February 09, 2012
Reviewer: Guess who from chapel hill usa - See all reviews by Guess who

36 of 39 people found this review helpful

well lets see I,m a student of on line trading since 2011 i,m down over75% and that's just from following pro picks in for ex now don't get me wrong i made some mistakes when i was first starting out but then i went with just pro picks because i though i needed more instruction but i have to work for a living and they wont let you in classes in Raleigh after your first classes because they are giving those classes to new people.If i could do this over i would never take this course again its overpriced for what you get and its much harder than they say i wish i could get a live open form of there pass students and you would see the only people making money is on line trading. I took the pro trading class but yet they turned off my pro picks for stocks.the pro picks for forex are losing money for 1-1-12 but yet they say they are up 45% that's because they are still putting in numbers from last year.i had very high hopes for this course but have only been disappointed, i really like most of the educators but i had a hard time getting some of the tools i needed from one of the instructors which was important how to load multiable targets i wish i could get my money back that i spent but its no way.look investing is hard just look there own instructors are haveing a hard time putting in winning picks so i understand that it is a slow process but for what it cost 10s of thousands of dollars it just not worth it. as my cpa said most traders lose money thats just the facts. i wont put my name in because i fear them kicking me out of my membership im a xlt student and i dont want to lose my investment i will continue to train with them an if things get better i will come back and post it i,m not out to hurt this group but just to make sure people like me that invested there savings to do this class dont end up where i am losing money.

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“From the Spouse/Partners Point of View”, January 17, 2012
Reviewer: Kimberly from Seattle, WA - See all reviews by Kimberly

8 of 9 people found this review helpful

Our search began in 2010 ready to invest but
knowing we wanted to be “in-control”
of the management of our own money. We were
clueless as to which online broker to choose or
if a brick and mortar firm like Edward Jones,
Charles Schwab etc.. would be more advantageous
due to the personal connection and one on one
time available.

We downloaded any and all stock/trading apps to
our I-phones in search to better educate and
find the “right” answers. Luckily we came
across Power Trading Radio with Merlin Rothfeld
and through this fantastic show our questions
became more identifiable, we now had a truthful
direction.

In the fall we visited the local Online Trading
Academy in Redmond, WA participating in the
Power Trading Workshop thus following my
partner, Nick’s, enrollment to the Pro Trader
class with the amazing instructor Sean Kim!

I was impressed with the academy owner, Craig
Goodmanson’s support and encouragement with
allowing the spouses/partners to participate
for free in the Pro Trader class for the first
several days. This solidified our quest and
Nick moved forward with the E-mini Futures &
graduate XLT-(Extended Learning Track) Lifetime
Retake.

Without a doubt the XLT sessions have been a
valuable tool in the continuation of Nick’s
education. The everyday online learning
environment focusing on the live markets, the
archival sessions available if you missed a day
of class, the amazing instructors, all have
made a profound, dynamic learning experience I
don’t think we would have found anywhere else.

Although our journey has just begun we are so
energized, dedicated, excited and determined
about the possibilities. OTA is truly
transforming our lives!

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Trading for a Living in Orlando, January 03, 2012
Reviewer: Russ from Orlando, FL - See all reviews by Russ

10 of 14 people found this review helpful

Online Trading Academy has worked extremely well for me. Simply put, your dedication and courage to follow what they tell you, more importantly, what they SHOW you, and above all, have the patience to follow their program step-by-step.

The Online Trading Academy here in Orlando, provided so much education content and support after the "LIVE" class, that sometimes I am overwhelmed by what has been given to support me in my Trading as a Trader, I am now trading for a living. The first three months of trading was a challenge for me as I discovered my way around, made mistakes, and tried to change things the way I thought they should be changed. In month four I joined their XLT Training program which is short for Extended Learning Track. Within the first week I was pleasantly surprised by what I what I saw, day after day, right before me. This training REALLY works. There is an incredible support team of top notch traders right at your fingertips.

To become a trader you have to go through the rite of passage and within that process you will face yourself, your deepest fears, your shortcuts that you think will lead you to the "Quick Buck", and of course, your failures. Online Trading Academy shows you what it is all about and they are with you every step of the way.

The local Online Trading Academy staff here in Orlando totally exceeded my expectations and they have an amazing Team here. Daily in class they checked to see where I was at, how I was doing not just once, rather several times a day. After the class they followed up with me and when I ran into a rough spot, the Education Director sat down with me several times, one-on-one until I got it. I am so impressed with their follow-up and dedication to my success not just a few days after class, rather, several weeks and months later. The staff here is really dedicated to your success and are willing to help you in any way that they can. All I had to do was ask.

How did I get here? Well, I had been hearing about Online Trading Academy on CNBC for the past year, attended their Power Trading Workshop. I enjoyed the presentation that the Trader gave, and had a chance to speak with some of their current students during the break. Lots of good feedback. To my surprise he gave us a chance to audit 20 minutes of one of their live classes in the other classroom. I was impressed with what I saw that day and it has led me to where I am at today.

If you are serious about getting into any of the investment markets, I would highly recommend that you attend their Workshop as I did.

Toady more than ever you need to be trained in what you are getting yourself in so that you have a chance at succeding.




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Online Trading Academy Mike McMahon Reviews

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