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!

Time Zone

Weekend

Weekday

West Coast

-

7 am

Mountain Time

-

7 am

Central Time

-

8 am

Eastern Time

-

9 am

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

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

Testimonials

"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

"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