Trading Instructor
Rick Wright
Equities, Forex, E-mini Futures, Technical Analysis Strategies and Personal Trading Plan Instructor
Rick studied economics and psychology at Iowa State University, and entered into the brokerage business in 1992. He earned the
NASD Series 4,7,9,10,24,55,63, and 65 licenses. He helped grow an online brokerage business which was eventually sold off. Rick
has also held positions as broker, branch manager, and several VP positions in the brokerage business.
Rick began trading equities in 1997, and was introduced to the Forex market in 2002. Currently trading from home in Dallas,
Rick is also a frequent contributor to various TV and business talk radio shows.
Rick's goal in class is to accelerate your learning curve of trading, instead of figuring things out with your own money.
He will show you several examples of trading mistakes that he and others have made, which cost thousands of dollars in the past
so you won't make the same mistakes.
You will learn how to recognize the differences between long and short term trends, where to enter trades, and where to exit
based on previous price action.
What students are saying about Rick Wright:
"Rick, openly shared his background, and experiences with us. The set ups and preparation are invaluable. He stressed the trading plan better than anyone I have worked with before. I would recommend him to anyone who wants to, not only improve their trading, but do it in a short period of time. His strongest attribute is his ability to keep it simple, but instantly usable." Vasilla K., March 2012
"Rick did an awesome job explaining everything. Before the class I didn't think I was able to apply so many ways on my trading. I truly recommend RICK. HE IS THE BEST INSTRUCTOR I EVER HAD. RICK, THANKS FOR EVERYTHING." Chris K., March 2012
"Rick Wright's Forex class was the best class I have EVER taken. Not only is Rick a good trader, he is a great instructor. He is very clear in his explanations and has a profound ability to take potentially complex material and break it down to simple and usable guidelines and rules. He shares his experience with me, the new trader. He explains the OTA processes clearly and adds his own personal trading style and preferences. He gives guidance to students who may also have a different trading style than his own (ex: if you only have 1 hour a day to trade - how can you use all of this great stuff?). Great class, EXCELLENT instructor. Please have Rick back to Boston and I will re-take his class!" Brian C., March 2012
"Rick Wright is a standout among instructors. He is superb at managing the classroom to keep things on track and interesting, and moving at a good pace. Additionally, Rick freely shares his own trading insights, which are invaluable." Scott M., March 2012
"The sign of a good instructor is when you asked a dumb question, you can still learn from it. I did and I did! Thx Rick for putting me in my place and teaching me a whole lot." Paul L., February 2012
"What I liked best: Rick's logical and common sense approach to trading. His enthusiasm helps keep the day going in a vibrant manner and keeps the students attention span. Never a dull moment. This is my second class with Rick and I learned more about practical ways to approach trading. This is the sixth OTA class I have attended." Charles M., February 2012
"Rick Wright is a beast in trading in Forex. He the man." Victor L., February 2012
"Rick Wright has basically demystified the trading experience by providing clear consistent rational processes, the continued ongoing analysis of that process and the discipline necessary for long term success." Kevin G., February 2012
"Rick is an excellent instructor. He has an engaging style and keeps things interesting. I also appreciate that he shares much of his trading style and planning with the class." Arthur B., January 2012
"I've had some great instructors at OTA, but I'd say Rick is the best of those. He skips through the easy material in the slides that we can read ourselves (and ask him questions on) so that he can spend our time telling us the different ways to trade and how he himself does it. He doesn't hold back. He's an engaging speaker, humorous, keeps us on schedule, packs in a lot of important material, and gives us lots of opportunities to ask questions. He's a serious, extremely knowledgeable trader who tells us what works in trading and what doesn't. I had him before for this course and I'm very glad that I had the opportunity to retake the course with him." Edward P., January 2012
"Rick is AWESOME; this was a retake and he is number ONE in my world. He showed us many things, answered everything and again, I highly recommend Rick. He is a super person and shows that he cares for us traders to succeed at this. Thank you, Rick!" Robert C., December 2011
"I just want to tell you how much I liked your article; it was very helpful. I woke up yesterday morning thinking that the tricky parts of trading are the retracements. No price line is going to be straight up or down, so how do you really know when a reversal is just a small retracement or a major change of direction? Then I read your report! It was timely, clear, in-depth, yet simply presented and to the point. Also, it helped me to understand that there is no hard-and-fast rule to be followed; rather it's a matter of using the appropriate tools and techniques that work for you. Great job and thank you very much. I look forward to reading more of your work." Barry Z., December 2011
"Rick knows his stuff. What really helped me was that he helped me see the forest. I have been focused on the trees and I am beginning to get the big picture." John M., December 2011
"Rick is a sharp instructor, and straight to the point! I like the fact that he makes it very simple for us!" Mike N., November 2011
"Rick is awesome! His experience and technique can absolutely walk his students farther within a short period of time. Thank you, Rick." Tao P., November 2011
"Rick is an excellent instructor. His knowledge of the subject matter was exceptional. He offered the most amount of time to answering student questions of all the classes (6) which I have taken. I look forward to taking another class with Rick and would recommend him to anyone." Alan K., October 2011
"Rick is an outstanding instructor. He took the time to answer my questions. I understand the Demand and Supply Zones, and where to place my stops and targets much better now. Using the Trade Station Platform is much easier now also. Thank you, Rick, for going through the rules and my Trading Plan." Larry S., October 2011
"Rick is a very good instructor. He is very knowledgeable and presented the material in a good way that was clear and understandable. I would recommend that he teach other classes." Ted F., September 2011
"Rick is fantastic! His teaching ability/attitude/etc. could not possibly be improved upon. He makes things easy to understand and nicely keeps the class on track and moving." Paul S., September 2011
"Rick is just fabulous. He is patient, methodical and a great communicator. He keeps the class focused, while at the same time fun and exciting. It was such a pleasure to be in his class." George C., August 2011
"Rick was awesome. He has a great wealth of knowledge and very effective teaching techniques. He is obviously a very experienced and thorough trader. His interest in his student's learning was apparent from the first day. I definitely recommend Rick as an instructor." Paul S., August 2011
"Rick is a very good instructor. He is very entertaining and keeps all of the students interested in the course material. I would definitely attend any class he is teaching!" Shiang M., July 2011
"Rick combines his wisdom, humor and patience to create an excellent learning environment. Please bring him back to Irvine as soon as possible!!!" Sue S., July 2011
"Rick listens carefully and anticipates student questions and concerns well; he takes the novice or insecure student and makes him or her confident with great content and superb methodology in teaching. Thanks, Rick!" John M., June 2011
"Rick Wright is an awesome instructor in every respect. Having him as your instructor in the E-mini futures course would be an excellent start to your education in how to trade futures." Ed P., June 2011
"Rick is a great teacher, he cares about his students and takes the time to answer all the questions; he is a very knowledgeable trader and took the time to watch us trade and corrected our mistakes. Rick is the man!" Alfred C., May 2011
"Rick Wright was absolutely wonderful. He was VERY knowledgeable and pleasant to learn from. He exceeded my expectations." Tommy N., May 2011
"A sincere thank you for sharing your trading day. Invaluable insight that has given me renewed confidence in my own trading methods." William P., May 2011
"Great article. I felt like I was with you when I read it." Neil H., May 2011
"This is only my second class, but this class was absolutely the best. Rick's knowledge, presentation and patience with questions were great." Rod C., April 2011
"Rick should be the prototype for how all teachers run a class!" Dale C., April 2011
"Rick did an outstanding job of clearly explaining the strategies he uses for trading, which will definitely help my trades. I would definitely recommend others to take his class. He's clearly a top notch professional, with a great sense of humor to help us keep it simple." Teresa D., March 2011
"Rick is a fantastic instructor!!! His passion for his work comes shining through. He really wants the student to "get it right!" Please bring him back to Irvine as soon as possible!!! Thank you, Rick, for an excellent class! It is a privilege to learn Forex with you!" Sue S., March 2011
"I was reading the last couple of articles you wrote. In fact, I read them with passion because all the topics you are talking about are really the basics that even a professional trader sometimes needs to recap and remember those manners. Finally, I do appreciate your letters and will always be waiting to read more." Mouhammad S., February 2011
"Rick gives you a solid understanding of the basics, and builds from there. By the end of the week, he delivers as promised. He is excellent at explaining complicated topics with real world examples." W.B., January 2011
"Rick Wright is an excellent teacher and a fine person. We would like to see him come back and teach us again." Shereen M., January 2011
"Rick’s methods and strategies have definitely helped me feel really comfortable with my trading style. His simplistic and "back to the basics" trading strategies and rules were so helpful that I will definitely use them in my E-mini Futures trading." Anthony D., December 2010
"Rick's ability to deliver his knowledge in FOREX makes the learning process immediate and lasting. The various trading tips based on his experience were invaluable." LC G., December 2010
"This is a great foundation for learning FX. I received great instruction for creating a plan to begin trading. Instructor, Rick Wright is sensational." Robert P., November 2010
"Rick taught in a way that made the material simple to understand. He also provided his own real life examples of what not to do. He also kept very good "control" of the class (in a nice, humorous way ... thank you!), while at the same time made us feel comfortable in asking questions. Individual questions on break time, etc., were also answered very thoroughly." Joe F., November 2010
"Besides being a knowledgeable trader Rick is an excellent teacher. It was an excellent class!" Phil M., October 2010
"Rick Wright did a fantastic job of explaining the material so that we could understand a very difficult topic. He took the time to explain to us why we need to do it a certain way. He was honest and open about what happened to him as he was a beginning trader and how he learned to become better. Rick is a very knowledgeable instructor and we were very lucky to have him as our mentor this week." Kevin E., October 2010
"Rick is an excellent instructor. He uses simple examples to clearly explain concepts. He has a great sense of humor and has great enthusiasm." Sue S., August 2010
"I think, Rick Wright, is an excellent teacher in a practical sense; I believe I should be a better trader now and make fewer mistakes." Sophie V., August 2010
"Rick's sense of humor was refreshing. His ability to deliver the material was excellent. His demonstration of the platform was the best training I have had." Jackie J., August 2010
"Rick was outstanding-kept us focused and interested. Gold in our pocket!" Judy G., July 2010
"Rick Wright is an excellent instructor. The way he presents the material is easy to understand. I feel much more confident in trading after attending this class." Jim G., July 2010
"Rick is an awesome instructor! He should be on the XLT. He has an amazing ability to simplify the complex. He seems to be in tune with all of his students and modifies the pace of the class to make sure that everyone gets it." Ebonique P-B., June 2010
"Fantastic teacher - excellent presentation of course material plus he added the personal knowledge extras that really made the difference. Wow! Rick made each student feel comfortable asking questions. He explained clearly until there was comprehension. Rick seemed to really enjoy sharing his knowledge with everyone. His heart was in his teaching. He "gave" much of himself through his teaching method. He really wanted everyone to learn and do well from what he taught. He seemed to truly care." Sandy S., June 2010
"Rick Wright was very knowledgeable, professional and very effective in explaining and teaching the class material." David H., May 2010
"Instructor's perspectives on the fundamentals of training. While there was emphasis on all the tech analysis, etc., it was still the basics that always mattered. Rick put a lot of effort into whiteboarding difficult concepts." Sandeep M., April 2010
"I'd recommend taking Rick as an instructor any time, I love his teaching style. He really helped me truly focus on what's most important in becoming a successful trader." Wayne W., April 2010
"Rick Wright did a great job on teaching forex, what he said and taught makes sense and he keeps it simple." M. K., March 2010
"It was again a treat to have Rick as an instructor. He really does a great job in presenting the information in a very comprehensible format. And combined with his trading knowledge, built-in humor, and professionalism it was a lot of fun to be one of his students in class and would definitely take another course taught by him." Matthew W., February 2010
"Rick is an excellent teacher and he answers questions thoughtfully. His teaching style was well-paced and he got his points across. I truly felt that I benefited from his years of experience and that I can confidently trade after one session. I would recommend Rick to anyone else who wants to take a Forex class." Benny Y., January 2010
"The class was awesome. Rick Wright is an excellent instructor, his classes are very practical. I am sure I got a very good start in my Forex trading after this class. Thank you very much, Rick." Tina O., December 2009
"Rick Wright really was a TREMENDOUS help for me. His clarity of mind, deep knowledge and casual teaching demeanor is greatly appreciated. He also knew and recognized and addressed a number of my bad trading habits and presumptions and was very helpful in explaining all of it." Scott T., December 2009
"Considering that this is my second Online Trading Academy class (first being Pro Trader), I must say that I was thoroughly impressed with Mr. Wright's depth of knowledge and real-world experience of the Forex market. He has an innate ability to teach what can be a very complex and intimidating subject in a manner that is very simplistic and easy to understand. Furthermore, Rick focuses heavily on class participation to ensure that everyone is getting it! Thanks again Online Trading Academy, for exposing me to yet another high caliber instructor! What an absolutely incredible experience!!!" Terrence S., November 2009
"Rick is very talented as a teacher. His presentation really built my confidence in this asset class. I am looking forward to trading!! The trading class has been a great experience! I will take more classes as time permits. Everyone in the Phoenix office is professional and supportive of my education. Thanks." Ross M., October 2009
"Great teacher with an uncanny ability to explain difficult topics in laymen terms." Greg J., September 2009
"The instructor.... Rick did an incredible job of installing the Forex trader model into me. This included the entire package of core trading principals, how to go about fundamental/technical analysis, and how to manage risk." Dan B., August 2009
"Rick was very knowledgeable about the Forex market and trading. Rick's lessons were very simple that built upon the previous lesson. The lessons made sense to me. He has taught me more about the market and trading in one week then I had learned in the last 5 years. He was a great instructor and made everything so easy to understand. Thanks Rick!" Grant O., August 2009
"I love Rick's fantastic insight of the market and how we can leverage the knowledge and tools to participate in a trade. He is a great instructor and I learned a lot from him." David C., July 2009
"Rick Wright is an outstanding instructor who not only taught the core skills to be a consistently profitable trader, but he also brought charisma and energy to the class which made it fun and easy to follow." Phil L., July 2009
"Outstanding classroom presence....extremely engaging and well paced even in a mixed skill level class. Rick uses a very "real world" approach that is extremely useful." James B., May 2009
"Rick is knowledgeable, enthusiastic, takes charge of the class, and is a credit to your organization. Dealing with Tradestation for the first time was challenging." Jerry P., April 2009
"Excellent instructor. 110% confidence in his ability/experience. Gave us above and beyond expectations." Janice E., April 2009
"Rick was very specific about steps for preparing for the next days trading, which was kind of a hit or miss thing in my methodology. Now I know exactly what to do and what to leave out. Very helpful to any new trader!" Michael B., April 2009
"Rick is a patient teacher and very effective communicator. Particularly good at explaining large concepts in simple but effective terms. I give his work here the highest marks." Michael L., March 2009
"R I C K I S T H E B E S T ! ! The way Rick uses how the professionals, big money managers, non-professionals, think during the trading is worth MILLIONS. That is the kind of thing that you can't learn from books or other sources. His way to put it - monkeys, elephants, and sharks are excellent." Chris T., March 2009
"Excellent instructor who not only knows his stuff, but knows how to communicate it in a manner that is logical and learnable." Kenneth Z., February 2009
"I like the teaching style of Rick, especially the reinforcement he was providing to make sure we all understood the concepts well. Rick is very involved and passionate in delivering the concepts. I appreciate the fact that he responded to our questions, emails promptly and encouraged us to ask questions! Thanks." Mir, January 2009
"Rick kept the class relaxed, and made it easier to learn. He answered all questions without making anyone feel ignorant. He really put forth his expertise." Tom H., January 2009
"Rick did an exceptional job explaining the material and responding to questions. Since this is my first Online Trading Academy class he has set the bar. He did a great job explaining technical material to novices and I actually understood the concepts." Robert S., December 2008
"Rick is one of the best instructors. The information is delivered in a good manner. Important information is stressed and reviewed in a good friendly manner that makes it easy to grasp." Joe S., November 2008
"I have attended many classes now and have seen the boring to the arrogant - Rick was truly exceptional [and I am a big critic of presentation, leadership & delivery of content]. To manage a class as diverse and, at times, rowdy as ours with personality and clear outcomes kept totally focused - he was impressive - 7 DAYS! Good grief how amazing to keep the energy, focus and intended outcomes so perfectly intact. I can't even imagine how he did it...and I think he was still recovering from an illness. He is a keeper!" Margaret, February 2008
"Rick has a great attitude! He is funny and allowed us to have fun, as well. At the same time, he was strict and punctual and expected the same from us. If he is an example of the rest of your instructors, you have a winning combination!" Jerry R., February 2008
"Rick has a good sense of humor (keeps long class hours fun), and has certainly drilled into my head the essentials (Support / Resistance & Trends). I look forward to my next class with him!" Tamer E., February 2008
"Rick was fun yet professional. His commentary based on his experiences was very beneficial. I always get more out of the courses I take with Online Trading Academy when the instructor has years to decades of experience, especially beyond day trading. Rick's experience was evident and valuable." Terrence W., February 2008
"I will not have enough time to sing all the praises of Rick Wright. I am so very impressed by the knowledge that Rick has, as well as his ability to share it. His experience in trading definitely showed in his training style and content delivery. He is an excellent trainer as well. He is very personable and professional at the same time. His explanations of charts, trends and general logic of how the stock market moves will be incredibly valuable to me forever. I would also like to compliment Rick on his ability to understand different accents from around the world, including Paris, Russia, Mexico and the Middle East. There would be questions asked with many different accents and he never had to ask anyone to repeat themselves. I pride myself in being able to understand different accents, but there were times that I didn't understand the question, but Rick would get it every time. BRAVO RICK WRIGHT!! I have thoroughly enjoyed Rick's class and will try to catch him again in the future. Thanks." Iris B., January 2008
"Rick Wright is a superb instructor...extremely knowledgeable, and able to impart his knowledge very effectively. I was very impressed, although he made me realize how much I need to learn. But that is good." Bruce C., December 2007
"Rick has a confident, knowledgeable way about him. He delivered the class with humor and good "control" of the class (misbehaviors, people making unnecessary comments, etc). Highly recommended." Yaseng Y., November 2007
"Rick is very knowledgeable in the world of trading. I hope in the future I'll be able to attend another one of his classes." Randy N., October 2007