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

“The first class is Core Strategy: When starting a career change and looking to increasing your retirement/wealth income, I was not quite sure I could accomplish any of my goals sets. The instructor, Scott McCormick, knew exactly how to make the course meaningful and important to each of the students. His personal stories went with the curriculum and enforced his abilities and knowledge on the application of each step we took. This course also showed us how to combine wealth and daily income into our goal sets. With the things we learned, we now have a great foundation to build on. Scott really took interest in each of us. I would not change his instructional tactics and look forward to having him again in another class. I would highly recommend the OTA to anyone who wants to take control of their own life. Charles W., 60+ Year Old Student.”

, April 2017

“Scott is extremely knowledgeable on all topics covered and has an innate ability of communicating that knowledge to the most novice trader. His comedy is an added bonus.”

, April 2017

“In all my years of education in the accounting, taxation, engineering, computer repair, and electronic fields, Scott McCormick has without a doubt been the best instructor I have ever had. You could tell he knew what he was talking about. He enjoyed what he was teaching. He could read the class, he would interject humor to keep the class lively and enjoyable, He was patient if someone lost track and quickly got them up to speed. And as far as any questions, concerns, comforts, outside of class and sometime in class, Lindsay Hall or Shellie Cline or both were there to resolve the issue, sometimes even before they were addressed by the students. They were a real pleasure to meet and talk to. I hope to see them again sometime.”

, April 2017

“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

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