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On-Location Trading Course Description: Professional Trader Part 2

Tuition:

$3995 $2995 with scholarship
Note: Scholarships are available!
Please contact us for details!

How to Sign Up:

Click here for online enrollment or see locations below for the phone numbers

Schedule:

Click here for the schedule

Course Length:

4 days

Pre-requisites:

Professional Trader Part 1

Related Items:

Professional Trader CD Library

Follow-up Courses:

Extended Learning Track (XLT)

Special Features:

Once you graduate from this course, you can take it over and over again for FREE! Tuition rebates are also available from our affiliated broker/dealers! You will also receive access to Online Trading Academy's Picks FREE!


Course Description

The objective of this 4-day class is to cover advanced trading strategies, techniques and tactics. Each day will cover several advanced concepts which the student will then execute "live" with our accounts. With the 7-day combined courses, you will be well on your way in your trading education!

Pro Trader Class

Course Times - USA

Time Zone

Weekend

Weekday

West Coast

-

7 am

Mountain Time

-

7 am

Central Time

-

8 am

Eastern Time

-

9 am

Course Times - International

Time Zone

Weekend

Weekday

Canada

9 am - 5 pm

9 am - 5 pm

UAE

1 pm - 9 pm

1 pm - 9 pm

United Kingdom

9 am - 5 pm

 

Monday - Thursday: 12 pm - 7 pm
Friday: 9 am - 5 pm


Class Materials

Each student will receive a binder with all class slides printed in color, with room to write notes. Also included are class handouts and any additional material the instructor provides for the course, so student can easily refer to all class material after the class.


Course Curriculum

Day 1

Day 2

Day 3

Day 4

Live Trading & Trade Analysis

Start Each Day with an Outlook

Pre-Market Trading Environment
Where are the Closest S/R Levels
The Slightly Bigger Picture
Does the Market Fit into the Picture
Roadmap to Risk Management
Trade Plan
Market Opens
Plan Review
Use All Available Information to Form an Initial Viewpoint

The Market Day -8 Key Times

First Reversal
2nd Reversal
The Doldrums
Cinderella Hour
Short Covering Rally
Closing and its Parts

Who's the "Hammer"

The "Hammer Spread"
Where to Start...
Gate Keepers – Axes & Hammers
The Hammer….Price Between Blows

Secrets of Shorting

More Than One Possible Entry
Going Short
Don’t Be a “Pioneer”
Shorts Can be Wonderful
What Will the Level II Box Look Like?
Let the Platform Help
How Would You Get Short, Now?
Golden Nugget Secret for Shorting

Live Trading & Trade Analysis

Stock Analysis -Fundamental vs. Technical

Fundamental Analysis
Fundamental Stock Price Estimate – P/E
Fundamental Stock Price Volatility - Beta
Competitive Analysis

Technical Analysis

Basic Chart
Drawing Support & Resistance Lines
Support & Resistance
Initial Trend Line
Trust the Trend Line
Moving Averages
Classic Moving Averages
A Nest of Moving Averages
Works the Same in Different Timeframes
Simple vs. Exponential Moving Averages

THE ROLE OF THE MARKET MAKER

Know Your Market Maker
Wire Houses
Investment Banks
Wholesalers
Regional Firms
Level II – Scenarios
If They Tell You to Buy
For Your Benefit...or Theirs?
Morgan Stanley Downgrades KMPG...
Prudential Downgrades Oak Tech...

Live Trading & Trade Analysis

Continuation Patterns

Types of Patterns

Trend Reversal

Bump & Run
Double top
Double bottom
Head & Shoulders Top
Head & Shoulders Bottom
Falling Wedge
Rising Wedge
Rounding Bottom
Triple Top
Triple Bottom

Trend Continuation

Ascending Triangle
Descending Triangle
Symmetrical Triangle
Cup with Handle
Flag, Pennant
Price Channel
Rectangle
Measured Move (Bull)
Measured Move (Bear)

Symmetrical Triangle - Bearish

Ascending Triangle - Bullish

Descending Triangle - Bearish

Bullish Flag

Bearish Flag

Bull Pennant

Bear Pennant

Bearish Wedge -Asymmetrical Triangle

Multiple Patterns - IntraDay

Cup with Handle
Volume as Pressure
Intraday Volume at Key Times
Volume Pace Required to Break
High Volume on Breakout
Low Volume on Pullback
Volume Drive Price
Climactic Volume

NASDAQ PMI - What Will the Gap Be?

Gaps - What are they?

Common Gaps
Breakaway Gaps
Breakaway – Intraday Behavior
Runaway Gaps
Exhaustion Gaps
When is a Runaway gap an Exhaustion Gap?
Island Reversal Pattern
Upside Opening Gaps
Trading the Opening Gap Fade
Sheldon’s Gap Reaction Barometer
Opening Gap Fade
Trading the Gap

Live Trading & Trade Analysis

Key Reversal Days

Reversal Day

TECHNICAL INDICATORS

MACD
Linear Regression
RSI
Stochastics
Bollinger Bands

TECHNICAL INDICATOR TRAPS

Moving Averages - Convergence/Divergence (MACD)

The 12 & 26 Period EMAs

MACD With All Four Elements Shown

Positive & Negative Divergences

Linear Regression Channel

Relative Strength Indicator (RSI)

RSI...Long Term

RSI...Short Term

Stochastics

An Idealized View of Stochastics

Stochastics - %K and %D

Stochastics – “%D slow”

Stochastics – Slow and Fast

Bollinger Bands

Bollinger Bands on Daily Chart

Intraday Bollinger

Live Trading & Trade Analysis

Current Status of the Market

Candlestick Patterns
Basic Candlestick Forms
Candle East/West Translation
Harami
Basic Reversal Patterns
Engulfing Pattern
Evening Star
Morning Star
Dark Cloud Cover
Hammer
Shooting Star
3 White Soldiers
3 Black Crows
Hanging Man

Live Trading & Trade Analysis

Leonardo Pisano Bonaccio - Fibonacci

Fibonacci Retracement Levels
More Ratios
3 Major ways of Looking at Fib
Retracements
Fibonacci Extensions
Clusters or Confluence
Fibonacci Time Zones
Fibonacci Fans
Projections
Fib Profit Objectives

Elliott Wave Theory

5 Up and 3 Down
10 Survival Skills

Live Trading & Trade Analysis

Breakouts

Breakouts – Breakdowns Criteria

Hunting Swings

Stress Management

Treat Your Trading as a Business

Business Plan – Tax Laws/ Legal entities
Who Should Do Your Taxes?
Trading as an investor
Disadvantages of being treated as an investor
Trader in Securities definition
Trader in Securities Advantage
Publication 550
Sole Proprietorship Limitations
What is a Legal Entity
Entity Combinations
The Basic Combo Model
Mark-to-Market Accounting
Tax Treatment of 1256 Contracts
401(k)’s
12 Reasons to Trade as a Business

Psychological Warfare

Trader Psychology

Putting It All Together


Class Locations and Dates

Locations

Dates

Phoenix, AZ
2444 East University Drive
Suite 120
Phoenix, AZ 85034
866-602-4590
602-441-9646

December 15 - 18
January 19 - 22
February 9 - 12
March 9 - 12
April 20 - 23

Concord, CA
1333 Willow Pass Road
Suite 101
Concord, CA 94520
925-247-7000

December 15 - 18
January 19 - 22
February 23 - 26
March 23 - 26
April 20 - 23

Irvine, CA
18004 Sky Park Circle
Suite 140
Irvine, CA 92614
888-841-8418
949-475-5652

December 8 - 11 'sold out'
December 15 - 18
January 12 - 15
January 26 - 29
February 9 - 12
February 23 - 26
March 9 - 12
March 23 - 26
April 13 - 16
April 27 - 30
May 4 - 7
May 18 - 21
June 8 - 11
June 22 - 25
July 13 - 16
July 27 - 30

Los Angeles, CA
8978 Tampa Avenue
Northridge, CA 91324
818-886-8898

December 15 - 18
January 19 - 22
February 23 - 26
March 23 - 26

San Jose, CA
1798 Technology Drive
Suite 152
San Jose, CA 95110
866-682-6829
408-539-7000

December 15 - 18
January 12 - 15
February 9 - 12
March 16 - 19
April 13 - 16

Denver, CO
900 W. Castleton Road
Suite 200
Castle Rock, CO 80109
800-704-6228
303-325-2776

December 8 - 11
January 12 - 15
February 2 - 5

Stamford, CT
78 Harvard Ave.
Suite 350
Stamford, CT 06902
877-682-4796
203-324-2226

December 15 - 18
January 12 - 15
February 9 - 12
March 9 - 12

Ft. Lauderdale, FL
1 Oakwood Blvd.
Suite 218
Hollywood, FL 33020-1954
877-682-1020
954-668-2424
954-922-8222

December 15 - 18
January 12 - 15

Orlando, FL
5575 S. Semoran Blvd.
Suite 506
Orlando, FL 32822
800-576-5322
407-737-2622

December 15 - 18
January 19 - 22
February 23 - 26
March 23 - 26
April 27 - 30

Tampa Bay, FL
3659 West Waters Avenue
Tampa, FL 33614
866-554-4747
813-933-4350

December 8 - 11 - Instructor: Paul Orme
January 19 - 22
February 16 - 19
March 16 - 19

Atlanta, GA
1351 Dividend Drive, SE
Suite G
Marietta, GA 30067
866-955-1905
770-955-1900

December 8 - 11 - Only 6 Seats left!
December 15 - 18 'sold out'
January 19 - 22
February 9 - 12
April 13 - 16

Chicago, IL
2340 South River Road
Suite 103
Des Plaines, IL 60018
877-OTA-CHIC
847-391-8511

December 8 - 11 'sold out'
December 15 - 18 - Special Class By Invite Only
January 12 - 15
February 9 - 12
March 9 - 12

Kansas City, KS
7501 College Boulevard
Suite 275
Overland Park, KS 66210
866-956-7050
913-956-7050

December 8 - 11 'sold out'
January 26 - 29 - Filling fast!

Baltimore, MD
6865 Deerpath Road
Suite 101
Elkridge, MD 21075
877-682-8723
703-442-8282

December 8 - 11 - Featuring Scott Trello
January 26 - 29
March 9 - 12

Boston, MA
100 River Ridge Dr.
Suite 107
Norwood, MA 02062
877-OTA-ATTEND
877-682-2883

December 8 - 11 'sold out'
January 12 - 15
February 9 - 12
March 9 - 12

Detroit, MI
Mars Corporate Center
25200 Telegraph Road #125
Southfield, MI 48033
866-601-9682
248-415-6123

December 15 - 18 - Instructor: Bob Dunn
January 12 - 15 - Instructor: Darek Zelek
February 23 - 26

Minneapolis, MN
7801 Metro Parkway
Suite 150
Bloomington, MN 55425
888-682-6466
952-814-4410

December 8 - 11 'sold out'
January 26 - 29
February 23 - 26
April 27 - 30

Secaucus, NJ
600 Meadowlands Parkway
Suite 146
Secaucus, NJ 07094
888-682-2580
201-537-0480
201-537-0519

December 8 - 11 - 3 Seats Left
January 12 - 15
January 26 - 29
February 9 - 12
March 9 - 12
March 23 - 26

New York, NY
42 Broadway
2nd Floor
New York, NY 10004
888-682-2580
212-300-1188
201-537-0519

December 8 - 11 'sold out'
December 15 - 18 - 4 Seats Left!
January 19 - 22
February 2 - 5
February 16 - 19
March 2 - 5
March 16 - 19
March 30 - April 2

Charlotte, NC
19720 Jetton Road
Suite 101
Cornelius, NC 28031
866-353-5577
704-464-4555

December 8 - 11 - Sold Out!!!!
January 5 - 8 - Limited Seating!!!!
January 12 - 15 - Seating Limited!!!!
February 9 - 12 - Limited Seating!!!!
February 16 - 19 - Limited Seating!!!!

Philadelphia, PA
234 Mall Blvd
Suite 250
King of Prussia, PA 19406
610-945-9999

December 15 - 18 - With John Barrett!
January 12 - 15 - With Anthony Sergi!
February 23 - 26 - With Anthony Sergi!
March 23 - 26 - With Anthony Sergi!

Austin, TX
9420 Research Blvd.
Echelon III, Suite 108
Austin, TX 78759
888-682-2883
512-879-4840

December 15 - 18
January 26 - 29
February 23 - 26
March 23 - 26

Dallas, TX
5005 West Royal Lane
Suite 260
Irving, TX 75063
888-682-2883
972-746-4272

December 15 - 18
February 2 - 5
March 2 - 5
March 23 - 26

Houston, TX
440 Benmar Dr.
Houston, TX 77060
888-682-2883
713-491-4474

December 8 - 11
January 12 - 15
February 9 - 12
March 16 - 19

San Antonio, TX
84 NE Loop 410
Suite 215
San Antonio, TX 78216
888-682-2883
210-757-4247

December 8 - 11
January 12 - 15
February 23 - 26
March 30 - April 2

Seattle, WA
9660 153rd Ave NE
Redmond, WA 98052
866-670-3575
425-307-6610

December 15 - 18
January 12 - 15

Washington DC
8614 Westwood Center Drive
Suite 830
Vienna, VA 22182
877-682-8723
703-442-8282

December 15 - 18 - Featuring Kyle Hibbard
February 2 - 5
February 23 - 26
March 23 - 26

Milwaukee, WI
N96 W17035 Division Road
Suite E
Germantown, WI 53022
877-682-9405
262-293-9069

December 8 - 11
January 19 - 22
February 9 - 12

Dubai, UAE
Knowledge Village
Block 2B, Suite G22, P.O. Box 500699
Dubai, United Arab Emirates
800-OTA (800-682)
+971 4 362-5126
+971 4 362-5127

December 13 - 17 - 6:00 PM - 11:00 PM / Debbie Hague
December 22 - 24 - 6:00 PM 11:00 PM / Mr. Hussam Al Husseiny (In Arabic Language), 25 - 2:30 PM 10:30 PM / Mr. Hussam Al Husseiny (In Arabic Language)
February 14 - 18 - 6:00 PM - 11:00 PM / Leonard Ostrowsky

Singapore
7 Maxwell Road, MND Complex
Annexe B, #04-05/06
069111, Singapore
+65 64239788

December 8 - 11 - by Brandon Wendell

Toronto, Canada
5700 Yonge Street
Ground Floor
Toronto, ON M2M 4K7
866-691-8398

December 15 - 18 'sold out'
January 26 - 29
February 23 - 26

Vancouver, Canada
1100 Metrotowers I
4710 Kingsway
Burnaby, BC V5H 4M2
604-430-4455
604-430-4458

December 15 - 18
January 12 - 15
February 9 - 12

London, UK
Ver House
Park Industrial Estate
St. Albans, UK AL2 2WH
0845-094-6476

December 1 - 4 'sold out'
February 9 - 12
March 9 - 12


Testimonials


"The Online Trading Academy Pro Trader class was a very good educational confidence builder.  I now feel strongly that I can and will be a successful trader."

Luke C., June 2008

"Just a quick follow up. I made 1 trade and I'm up $550 for day. I'm gonna call it for the week and do more studying and simulation. So $1,400 gross my first week. Thanks again in advance for everything and I look forward to hearing from you."

Chris T., April 2008

"In my humble opinion, creating wealth begins with an investment in yourself. The biggest risk you'll ever take is not betting on yourself.  Your investment in yourself should begin with an education.  But, not just any education.  In order to succeed, you need the BEST.  And, that is who Online Trading Academy is-the absolute best. If you want to create wealth and preserve it, invest in yourself and get the best education and value that money can buy.  Become a graduate of Online Trading Academy and learn to create and preserve wealth.  You deserve the best and I recommend them highly. "

Ron D., April 2007

Traders

"I am thankful for all that I received from all of you at Online Trading Academy. I like Fernando's writings, the "Hour with the Pros", the  Online Trading Academy stock pickings, as well all the articles coming in the newsletters from the other writers. I am very happy with all the information I can read from Online Trading Academy. I think of Online Trading Academy as a big community. Thank you for your phone calls that lead me to travel to Irvine not only to learn but meet all of you. Since my return I am teaching my son Brandon who is 11 the fundamentals of the financial pyramid.  Please give a  HELLO to everyone at Online Trading Academy from me. Will keep in touch, best wishes of health and prosperity for you."

Alberto E., South America
December 2006

"This class is all about incorporating risk management into your investment strategy. I wish I had taken this class long time ago, would have saved tons. The instructor (Brandon) is world class and recommend this to anyone who is into Stock market. "

Premchand K., June 2006

"This wasn't a class on theory, this was a class on theory put to use in a real world situation with a professional, knowledgeable, experienced instructor that had been there, done that, and shared it with all of us."

Daryl D., June 2006

"A challenging but rewarding class…a better learning experience than all other professional development trainings I've had previously."

Larry F., June 2006

"There is no substitute for actual trading and the pressure is moderated based on the fact that you are using someone else's account. The actual first day of trading is a joyful experience--it is like suddenly the blinders come off and applying what you have learned and making your share of mistakes is excellent. It is revelational! An 'Ah-ha' moment of the highest order."

Adrienne P., June 2006

"I would recommend to anybody. This is the greatest learning tool for anyone wanting to trade in stocks."

MJ A., September 2005

"This was a very well run course. The instructors were very knowledgeable, and conveyed their personal experiences as well as what we are to expect in our trading lives. I learned much more than I had expected."

August 2005

"A must-take course if you want to have a fair chance to succeed in trading."

Edgar S., March 2005

"This class was great! I got to do actual trading on a live platform. I lost money the first days, but made money as each day went along. With the technical skills that were provided, I was able to make money."

Pat M., October 2005

"Awesome. Best of the best. I would never consider trading without such advanced and professional training."

David W., April 2005

"I was very impressed with the content and the professionalism of the instruction."

Chuck T., March 2005

"I would recommend to anybody. This is the greatest learning tool for anyone wanting to trade in stocks."

MJ A., Sept 2005, Pro Trader Advanced, Irvine, CA.

"This course has given me the tools and confidence to be a successful trader."

Bill M., March 2005

"The class really brought it all together for me, especially the opportunity we were given in class to do live trading in the actual market with real money, the first time I have ever experienced this."

Terry W., La Jolla, CA

"I was so afraid that when arriving here after flying for 9 hours and paying for the course, I would find an empty store front. Believe me the store is not empty. I will be coming back and retake the class within 2 months just to remember some key things that didn't stay stuck in my head."

Steve F., July 2004

"Ota has given me the tools that I know will advance my own trading skills. The instructors are excellent and offer you tremendous ongoing support to help you succeed in your trading. I was very impressed with the quality of this program overall."

R.T., July 2004

"Exposure to the realities of trading and importance of planning with the right mental attitude."

Art Y., July 2004

"This class teaches the reality surrounding the trading business. You can't beat the tuition reimbursement, live trading, and knowledge given by the experts in the business. They will "smack" you with real information and train you to be successful in trading. If you want it real, take this course otherwise take other too-good-to-be-true seminars that "will" make you rich next week."

Pandito R., July 2004

"The class was very informative. I highly recommend it to anyone who has not had any formal instruction on how to trade in the stock market. The instructors are excellent and know how to communicate it effectively."

John S., Pro Trader Advanced, July 2004

"Thanks for the help in getting my trading plan started. Before I took the training course, it never dawned on me to get plans down in black and white. You know, before I became acquainted with Online Trading Academy, I thought that this is just another organization out to make big bucks. (of course every business has to make money). I know different now. It's good to know that Online Trading Academy gives service after the sale."

Gary H., April 2004

"I have been applying all the skills you taught us in the advanced class and so far I have done pretty well. In September I made a little over $4,000 trading. It looks like I will beat that in October in spite of the generally volatile market."

Jess W., October 2003