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

“Scott was extremely knowledgeable and professional. He is an excellent instructor: he knows his subject and conveys it well to his students with such enthusiasm.”

, March 2017

“I believe OTA should do whatever it takes to ensure Scott McCormick continues his association with OTA. After 18 years of education (6 years higher education) and less than a hand-full of excellent teachers (less than 5) I state without reservation that Scott is the best teacher I have ever had. For me, his delivery of the subject matter together with his prior professional experience in trading lent itself to me obtaining such a thorough knowledge of OTA's core strategy as well as market related conditions covered in class, that I am CONFIDENT in my ability to apply these concepts to trading, unlike courses I have attend before discovering OTA. This in the light of having experienced 4 trading educational services and 4 trading services (which 'I' lost money well above that invested). His delivery is quite clear both from the content point of view as well his vocal enunciation and projection. He has excellent control of the classroom, answered all questions without disrupting the flow of his presentation, minimized distracting influences, and was punctual and inspired punctuality. I can unequivocally offer my recommendation that Scott's involvement in OTA should be broadened increasing his influence upon development of your educational content and his role as an instructor. Sincerely, Jim Crissey, currently a student at OTA for one month.”

, March 2017

“So awesome! Scott is an awesome teacher, can't wait for him to come back to CT! Very knowledgeable, easy to talk to, answered all my questions. Very organized, broke down difficult concepts and made them easy to understand. Definitely going to miss him as a teacher.”

, March 2017

“Scott was an excellent instructor. His knowledge and commanding method of associating trading concepts with everyday life or other relatable examples was extremely helpful and allowed me to better grasp the meaning of the lessons. Scott Rocks for real!!! The breadth of his knowledge is evident and he is masterful at helping reduce complex concepts to understandable and relatable examples. Not easy to do but he did. Plus, you could see how much he truly enjoyed the subject matter. Scott was never a yawn. Would take his course any day.”

, February 2017

“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

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