Online Trading Academy™ Dubai has announced that it is participating in the E*Trade US Financial Trading Conference in Dubai
at the Emirates Tower Hotels on March, 10th.
United Arab Emirates: Monday, February 28 - 2005 at 12:46
The event is organized is organized by arab2invest.com, the leading educational and services resources for the Arab online
investor and trader.
'We are extremely elated to add another jewel in the crown with the joining of Online Trading Academy and their Dubai's branch
to our list of distinguished speaking partners. This addition will enlighten and enrich the attendees with masterful experience
and knowledge, and provide a golden opportunity for all involved to witness and enjoy the latest trading techniques and strategies
directly from the most recognized online trading training institute in the world. We are happy that they are now in the Middle
East, which is a testimony to the importance of this field and the investing community,' said Adnan Al-Delaimi, Dy. Manager,
Mr. John O'Donnell (Chief Knowledge Officer) will present the advantages of Direct Access Trading skills via Online Trading
Academy education and E*trade Execution Platform with Level 2 solutions, how to win in today's marketplace and beat the pros on
Wall Street, why the secular bear market that started in March 2000 is not over yet, and how to profit from the coming 'Baby
Boomer Bust" in consumer spending and continuing bear market strategies focusing on the advantages of shorting the market.
In addition, John will show 70 year historical Elliot Waves patterns that illustrate 'over bought' and 'over sold' chart
conditions to substantiate his research.
Principal and consultant for five public companies, his expertise is an essential ingredient in Online Trading Academy's
continued growth. Recognized by Inc. Magazine as the builder of two successful public companies, he twice became a finalist in
the Orange County (California, USA) Entrepreneur of the Year contest sponsored by the magazine.
With its Headquarters in Irvine, California, Online Trading Academy began franchising operations to meet public demand to
provide more locations for its traders education courses. Initially, Dallas, USA will be opened in March along with a centre in
Dubai, UAE. Online Trading Academy will be aggressively replicating and expanding its successful business model to 100 cities
worldwide over the next four years. This expansion is needed to meet the burgeoning growth of active investors and traders
desiring to take control of their assets by learning the skills of Direct Access Trading.
Under the tutelage of a team of professional traders as instructors, this highly motivated group of student/traders engages
the market with live real-time trading accounts using Online Trading Academy's capital. Franchisees will provide their local
financial community this remarkable approach to trader education that has become the company's signature. All locations will
begin to sponsor events such as free weekly 'Power Trading Workshops' as well as monthly, daily and weekend classes in stock,
currency, options index and futures trading.
According to Bear Stearns & Company, Inc., in their August 2004 Report, there is a core group of active individual
'Semi-Pro' traders. The report indicates that 'These customers trade more than 25 times per day' and account for '78% of daily
online trades and 32% of daily combined NYSE and NASDAQ share volume.' While there are no statistics available as yet for other
markets such as currencies, options and futures, Bear Stearns comments that 'there is a heightened interest from semi-pro traders
in auto execution functionality, advanced analytics, connectivity to non-U.S. markets, risk-management tools, and listed trading'.
Online Trading Academy believes that is just the tip of the iceberg.
Bahram Khadavi, Owner and Managing Director of Online Trading Academy Dubai is the first franchisee bringing this innovative
electronic trading education concept into the very promising Middle-East Market.
Khadavi said, "Trading has fast become a universal concept. In all countries, we seem to be moving closer and closer to
Direct Access Trading and 'global' markets from home-based broad-band computers through the internet. I believe that our newly
established Online Trading Academy location in Dubai evidences our commitment to that kind of forward-thinking."