Scott McCormick CMT

Online Trading Academy
Scott McCormick Photo

As a Registered Representative with Charles Schwab & Co. Inc., Scott McCormick was involved in assisting clients execute equity and equity option trades.

In 2001, Scott began swing trading equities and equity options. After some losses, and making what appeared to be common investing mistakes, Scott decided to educate himself about technical analysis. During his studies through the Market Technicians Association, Scott found the world of Forex trading which was quickly added to his portfolio.

During his time as a Financial Consultant, Scott helped high net worth clients strategize, implement, and manage equity, mutual fund, and bond portfolios. When the bear market of 2007-2008 hit, Scott quickly realized that his investment philosophy did not match that of the financial services industry; leading him in 2009, to the opportunity to begin a career as an Instructor.

In his classes at Online Trading Academy, Scott teaches his students the use of technical analysis to identify high probability trading opportunities controlled with proper risk management.

Power Trader Nation

Past

  • Charles Schwab & Co. Inc. Registered Representative and Investment Advisor Representative

Specialties

  • US Markets

Expertise

  • Stocks

Endeavors

  • FINRA series 7, 63 and 66
  • Charted Market Technician designation
  • Member of the Market Technicians Association, Society of Market Technicians
  • Affiliate of the Chartered Financial Analyst Institute
  • Level I CFA Candidate
  • Contributor at speaking engagements throughout the greater Washington D.C. area
  • CES Certified
  • Power Trading Radio guest

Hometown

  • Washington DC, USA

What Students Are Saying

“His industry experience is extremely helpful in personalizing the OTA concepts & his presentation skills kept me very engaged. I would highly recommend him to others interested in learning how to navigate murky trading waters!”

, December 2016

“Scott is clearly passionate about trading and taught the class with great enthusiasm. His knowledge and attention to detail is evident and he demonstrated patience especially, with questions asked that indicated that the point had not been taken in. He would then give an example from another angle which helped to compound the understanding.”

, December 2016

“Scott McCormick uses a combination of knowledge, humor, class interaction, and real-time trading data to help the students learn. I hope to have another course with him in the future.”

, November 2016

“Scott McCormick is exceedingly knowledgeable on his craft and moves very fast. His presentation style was also vastly different from my first instructor. This initially took a day or so to adjust to, but once I did, the benefits of his approach were evident. I loved his more tactical approach to trading, his wizardry using TradeStation, and his explanation of charting phenomenon. A top instructor.”

, September 2016

“Instructor is very energetic throughout the day for all 7 days. He honored questions from novices and retakes alike and explained the intricacies of the market and spotting most probable /profitable trades. Lot of my fears were addressed during these 7 days.”

, September 2016

“This is the first time that I've gone through the class. I was trying to learn the computer program and the course material at the same time. It was difficult for me. Scott did a great job of explaining things and worked hard to make sure everyone understood each new concept. Scott was very knowledgeable about the course material. I liked the way he explained things... if we didn't understand the first way he did it, he tried to explain it entirely different the second time around. It showed that he knew his material well and that he knew how to teach adults. Good job, Scott!”

, August 2016
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