Online Trading Academy Irvine

Most of the 1 star reviews here are from people who never signed up for anything further than the three day workshop. That’s like going to a college orientation and complaining you didn’t get a degree from it. This is not a scam, but people who don’t dedicate themselves will never be successful at this or any other program.
OTA is the only place I’ve found that will teach you the correct techniques on how to successfully trade. The program is laid out wonderfully and the instructors there are all proof that what they’re teaching really works! Very detailed course material and examples by the manual and instructor. I love that homework is given to solidify lessons taught in class as well as follow up modules to continue learning outside of the classroom.

It is not worth for money we have paid. But too bad, too late to find out. They seem to respect you before you sign up, but just wait until you pay and try to take some class a couple of times, you will find out how they will treat you… can’t get into the class you want! Won’t respond to your phone calls! Lots of hassle to register for a class? and more… there are many other choices for traders. if I knew I would be treated this way I wouldn’t pick this one for sure.

I just realized that I probably owe another update to my wife’s and my continued experience with OTA. In a nutshell — it is as good as it ever has been.
As I have said before, this is NOT a get rich quick scheme of any type and those that think it is will be disappointed. It is TRUE and COMPLETE education from a team of some of the best subject matter experts you will find. I have now taken the Core Stock Class along with my wife and (and we have both taken it a few times live and online) AND I took the first of OTA’s totally redesigned options class in November. I had very limited exposure to options prior to this class and options are a total beast of their own and I was just not able to wrap my head around Puts, Calls, Iron Condors, Butterflies, Spreads, Jade Lizards, etc. on my known no matter how hard I read and tried.
During my first Options class I understood about ½ of what was discussed, but OTA knew that would be the case and they back up the class with online materials galore to help you once you leave the class. I also then did 2 online retakes of the class AND one live retake of the class and I feel I now have a pretty good understanding of the options world and am putting those new skills to work now.
My trading and risk management has HUGELY improved since taking the stock AND options class. For the first time in my entire life I feel as though MY skills can get through any market conditions with as little damage as possible in catastrophic markets like 2009 AND I feel I can and have been making money much more consistently than ever before. Prior to taking over my own account management it was managed by a money manager in a LONG ONLY stock portfolio. Not at all diverse and very, very risky compared to what I now know and do with my accounts. I had suffered as much as 50% drawdowns in my account in 2009 — I am comfortable that will not happen again with my current education.
As far as my new trader wife goes — she has also retaken classes a few times and continues to learn, trade live and sim trade when needed. She is mildly profitable (which is a huge accomplishment for a first year trader), but she would not yet make any sort of living off of her efforts. That said — she is also very dedicated to continuing her education and OTA is dedicated to helping her every step of the way — so I know she will get there.
I guess I would just reiterate my previous posts and say again that IF you are committed to an education and willing to really work at it — they will be there to support you with anything you need for as long as you need it and as many times as you need. I really could not ask for any more.

Absolute scam ! It is very sad that this company exists. They are selling a dream not reality to people that are poor and hopeful. All they will do is saddle these people with massive student debt. They say their successful traders and only have to work a couple of hours a day yet the staff are there 9 – 5. They look like they buy their clothes from K-​Mart and none drive nice cars. These people are not successful traders ! If they were as successful as they claim they would be any where but there.

The ProTrader class really gave me the foundational knowledge to trade. I can see now that their Core Strategy is the key to success. I’m excited about continuing to practice it and get better and better. Thank you OTA!

My first trading platform class, ProTrader and the instructor were the perfect learning combination to launch me towards successful, profitable trading. The instructor provided the perfect balance of theory and practical instruction with experienced war stories, and by practicing actual trades. My last day, 7 of my last 10 trades were profitable, giving me the confidence I need to start trading and meeting, and exceeding my daily income goals. This course exceeded all my expectations by a huge margin. I wish I had known about this 20 years ago.

I attended the free workshop from 10 am to 1 pm, and it was a waste of time as I expected.
The workshop is just basically a prelude to selling you their 3 day class package (Which was on sale for $ 99 (retail value $ 1000)) — WTF. I must be crazy to pass up such a great opportunity, but I did.
At least, there was no pressure to sign up though as other reviewers said.
The instructor seemed to be knowledgeable about what he was talking about. He has been doing this for 9 years. If this system works, why are they so eager to teach strangers for such little money? Maybe because they are angels?
I did not even want to discuss anything with them because they told me they can time the market. If they know how to time the market, they should be richer than Warren Buffett.

Anyone who seriously intends to make consistent profits through trading needs education in the right way to identify, set up, and manage trades. There is so much bad information and hype in the media that you need to relearn most of what you may have picked up. Online Trading Academy teaches a consistent and reproducible approach that makes sense and that actually works. I started trading 2 years ago after taking a Pro Traders course, and through several other Online Trading Academy courses and continued support through the XLT program have managed to become a profitable professional trader. After taking the Futures course this week, I will add Futures to my trading practice and intend to increase profits more.

I went to the OTA real estate class with my husband July 10^th, it was very informative and the speaker Kim, provided many examples of real estate deals he himself has made money in and I was able to understand. I like the idea of learning how to do wholesaling and then graduate to fix and flip properties. i’ve done fix and flip in the past but wasn’t that successful. I’m looking forward to the next class which is coming up soon I’ll. I have all the tools for success just I need a roadmap and some direction. I would love to do this part time.

I came in with the idea is that OTA is training day traders, but that’s far from the case. They teach you to analyze your personality and your trading style and be realistic about the time you have available to do this. They have a counselor who will sit there with you and help you do this, through what they call the Wealth Education Plan. In fact they require you to go through the planning process before you take the three day survey class after your first workshop.
While I like the idea of sitting in front of my computer at the comfort of my home playing the markets, I really don’t have the time with my family and my day job. I also don’t have the temperament. I am more of a set and forget it type and the nice thing is that I am able to take the same concepts and apply them to trading maybe once a week and it still works. There is also a wealth track for people who are not interested in current income at all, but just want to build up money for retirement.
Something for everyone in my opinion. Highly recommended.

The knowledge and material that I learned during my 7 days at Online Trading Academy was absolutely phenomenal. As a novice with absolutely no trading experience, I never expected that I could learn so much about the foundations of trading and the markets in so little time. The information and knowledge I was exposed to was a completely mind-​blowing and eye-​opening experience. The class interaction was tremendously beneficial to my learning as questions from fellow classmates often answered questions I wouldn’t have even thought of. Our instructor always ensured to engage the class as a whole when covering new material, which maximized my understanding during the learning process. Lastly, our instructor shared personal experiences and stories that had a great impact on me and truly confirmed my desire to enter the world of the markets and trading.

If you’re going to manage your own money and want to learn how to do this — Online Trading Academy is the way to go! Make the investment in educating yourself instead of the market taking your investment from you.
I can tell you first hand, if I had taken the course before I invested on my own I would be way ahead of the game. You can make money back but you cannot get the wasted years back and stress of losing.
The instructors at Irvine location are highly skilled and dedicated to giving every student the skills they need to trade successfully in the financial markets.

The Online Trading Academy material presented about how to make money in the markets is excellent. I cannot imagine being a trader without the knowledge of the markets and how to trade. I would highly recommend Online Trading Academy for anyone who desires to learn how to trade online, and if you have a desire to increase the amount you want to make in investing in the Equities Markets. It is much better than the Buy and Hold Strategy for making money in the markets. The staff and instructors in the Irvine facility are very knowledgeable, capable and interested in your success.
I wish I had known about Online Trading Academy several years ago.

Online Trading Academy Irvine has continued to exceed my expectations. The new facility is a beautiful learning environment, the staff is friendly, responsive and eager to make each student’s experience a great one. Course instructors are top notch professional traders with career experience that cannot be found in a book. This has been a great investment in my future. Thanks Online Trading Academy!

Though I sat my original Pro-​Trading class in the Phoenix center, I have attended multiple classes in the Irvine center as well. The staff is always courteous and professional and the instructors are fantastic. I have always felt that the staff had my best interest at heart as I was learning the materials. Though it did take some time to become proficient at the strategies, I have become much more consistent and profitable since joining almost 4 years ago. If you are trading now and struggling with entries and exits, I would encourage you to check out this education. It works for me! I also like the fact that it is lifetime and the XLT’s are amazing.

I’ve been a student of online trading academy for 3 years and highly recommend their education. I have taken many of their courses in the Irvine facility and also regularly attending the online track (XLT.).
The people in OTA always showed genuine interest in my success. They have been there for me despite my early struggles with picking up some of the new concepts. Their education and content is real and really helped me focus myself and gave me the tools I needed to become more financially successful. I attend the online XLT sessions regularly and a big fan of the concept — being around other like-​minded individuals and the ability to bounce ideas off one another really makes a difference.
I was surprised to see a number of negative reviews on here (most of these people didn’t even experience the actual education.) as my experience has been nothing but great. Yes — they’ll offer you to purchase education at the free workshop, Yes — their education isn’t the cheapest out there but the bottom line is you get what you pay for and joining OTA has been one of the best decisions I’ve made for my financial future.

Online Trading Academy (OTA) will pressure you to spend a lot of money, a little bit at a time.
I attended their Free Power Trading half-​day seminar at the Hilton Hotel in Pasadena. Lance Strauss and his colleagues encouraged all attendees to pay $ 299 for the 3-​day workshop. «You can make money, or you can make excuses,» Lance said. «I will not tolerate hesitation.»
At the 3-​day workshop, OTA will pressure you to pay for increasingly expensive classes, eventually summing to $ 25,000 to $ 50,000.
Imagine you want to take the Options Extended Learning Track (XLT), which will include weekly Webinars with trade recommendations. You must take the following courses in order, with each being required before taking the next:
1) 3-​day Market Timing — $ 299
2) Professional Trader 1 and 2 — $ 7,000
3) Professional Options Trader — $ 5,000
4) Options XLT — $ 12,500 + $ 625 per month
Additional tracks like Forex or Futures cost tens of thousands more. The Mastermind Community costs a cool $ 25,000, on top of the above courses. How much will you have to make each month to cover the cost of your education and monthly subscription fees? It’s a very steep hill to climb.
The complimentary USB stick contained 5 marketing videos, all of which can be found on OTA’s YouTube channel. In sum, don’t expect to get the «secret sauce» cheaply. Expect to pay tens of thousands of dollars for OTA’s version of technical analysis.
I believe the instructors are legitimate and knowledgeable traders, but unless you can commit incredible resources to pay for the classes and subsequent subscription fees, don’t expect to ever get enough detail on the «secret formula» to make it worth your while.

I attended a three day «Training Seminar» which is reallity, a three day, canned sales pitch with high pressure sales tactics to get you to sign up for VERY expensive classes.
Day One: Expect a fifteen minute overview of basic stock trading information, thirty minute presentation on how great Online Training Acadamy is and then a fifteen minute break. During the break, your «Coach» will pull you aside and chat you up before starting the real reson he is there. Your «Coach» is the sales closer who is sizing you up as a prospect by asking you for personal info like, are you working, how much you make, how is your credit, how much you have to invest, etc., etc.
Day two: Half the class was smarter than me and did not return for day two. Repeat day one except, they turn up the sales pitch and presure. There are fewer prospects, I mean students, so there are more meetings with your sales rep, I mean «Coach».
The longer you hold out the stronger the sales pressure.
Day three: The third day is a waste of time where they just play videos to scare everyone then a break where they take anyone holding out into private offices for a «counseling meeting» with thier «Coach» for a high pressure close on anyone left who is holding out.
But wait, there’s more… The longer you hold out:
1. the lower the price gets.
2. the lower the interest rate gets (starts at 18% down to 0% for twelve month through ⁵⁄₃ Bank).
3. they throw in freebies (trading platform software tutorial, a $ 2,000 value).
4. You can bring a «free guest to any class» if you share a computer terminal.
I need a shower.

I am only writing a review for the Woodland Hills location for the 3 — day introduction class with Todd Davis. I wasn’t sure what I would be in for exactly with this class because you don’t get the booklet for it until you attend. From the moment Todd walked in the room he had absolute command of the class. He was very informative. He knows beyond a shadow of a doubt everything that he is teaching & preaching to you. He is genuinely interested in helping others succeed. He teaches his class with a touch of comedy & real life examples and this man has «a ton» of heart. He is truly a «phenomenon.» I feel so blessed to have ever even met the man. Rumchata anyone?

Here’s the thing about trading — there’s no winning formula. Like anything else, it takes time and practice and even then it’s a slow process with no absolute guarantees. The instructors at OTA are great in that they explain the material the best they can and they give you the tools and resources to optimize the experience but at the end of the day it comes down to how much you are willing to work at it and improve your individual skillset from the lessons learned.
OTA does give you confidence to make smarter trades and can help prevent you from making serious financial mistakes, but you can’t expect miracles. The courses are useful and the instructors are competent. It’s all about managing expectations and setting yourself up for long-​term success, not just short term gains.