Rick Wright

Rick Wright Photo
Power Trader Nation

Rick Wright began trading equities in 1997 and was introduced to the Forex market in 2002.

Rick's goal as an Online Trading Academy Instructor is to accelerate student's learning curve of trading, eliminating the costly process of students figuring things out with their own money. He will show several examples of common, costly trading mistakes so those mistakes, and the losses incurred from them, can be avoided. Traders 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.

In 2013, Rick's Lessons from the Pros articles were instrumental in Online Trading Academy being awarded the Forex Best award from FXStreet.com for Best Education Content.


Past

  • Studied economics and psychology, Iowa State University
  • Broker, branch manager, VP positions in the brokerage business

Specialties

  • US Markets

Expertise

  • Forex
  • Futures
  • Stocks

Endeavors

  • CES Certified
  • NASD series 4, 7, 9, 10, 24, 55, 63 and 65 licenses
  • Guest on various TV and business talk radio shows
  • Power Trading Radio guest
  • Member of the Market Technicians Association
  • Pursuing his Chartered Market Technician designation
  • Award Winning Author
  • Award Winning Trader

Hometown

  • Texas, USA

Student Testimonials

"Good morning. I just wanted to take a minute and thank you very much and say that my experience in the Forex class last week will be one that I remember for the duration of my Forex trading career. To be completely honest with you, I felt that I got my money’s worth the first day. Every day after that was simply a bonus. There were certain aspects of my trading that I struggled really hard with, and also had a tough time understanding and applying them to my trading. You, with your explanations and examples, shed light and gave me a level of understanding that I now realize would’ve taken me months and lots of my hard earned money to figure out. Now I have to admit that the success I had before attending class was nothing more than blind luck. And you know how far that will take a trader. When I look at charts now, it’s almost as if I’m wearing 3-D glasses. The zones literally jump out at me. I don’t struggle with finding the zones the way I used to, and I understand that every zone isn’t one that I need to be trading. When I attended the XLT yesterday my understanding of the charts was “off the charts!” The hard right edge exercise that you showed us, I can’t even to begin to explain, that in that short amount of time has helped me tremendously. I’ve even told a fellow trader that I attended the Professional Trader Course and about this exercise. The only drawback to this exercise is that I can’t quit doing it. I didn’t get to bed till 1:30 in the morning one night last week. Well, I didn’t mean to get carried away, but my intent was just to say thank you and that your instruction, and the tips you gave is definitely something that I will keep with me my entire career, which at this point I believe will be long and prosperous. Thank You." Willie T., May 2013

"Mr. Rick is so nice explaining slowly with detailed information. He shared so many good examples. I can recommend this class for investing in the market." Hiren S., February 2013

"Rick explains the material in great details. He is very knowledgeable and willing to share. This is a great class!" Lijuan S., February 2013

"Rick is very knowledgeable and articulates concepts with analogies. I got quite a few golden nuggets that will help me in trading. He emphasizes the basics that will help new traders tremendously." Joan Y., February 2013

"Retake Forex class with Rick Wright was outstanding! I recognized my mistakes when he showed how he traded and managed the trades as they go into your direction. Excellent on the topic, I learned the most from the examples, which are easy to remember after he explained them. Most importantly, the class was fun! I am confident that I can trade profitably after his class. Has been a great week with Rick!" Sokha T., January 2013

"You already know how good Rick is. What else can I say? I would recommend him to anyone wanting to learn Forex." Ed T., January 2013

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