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Extended Learning Track (XLT) - Forex Trading
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Watch a professional in action, trading the Foreign Exchange markets
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Interactive online class, lets you learn virtually anywhere in the world
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These 2-hour sessions are the perfect supplemental education venue for graduates of the on-location Forex Trader Part 1 and Part 2 courses
Curriculum:
The Foreign Exchange market is the world's largest financial market and its high volatility makes this market more suitable for sophisticated and knowledgeable traders. No one becomes an expert at anything in one day. It takes time to learn how to trade Forex and to understand what you are doing. However, by modeling successful traders the learning curve can be dramatically reduced and consistently making money can become a reality.
Real world trading experience can shorten the learning curve.
This course has been designed to take you from intermediate through the most advanced concepts of trading. It is valuable to Online Trading Academy Forex Graduates and is the logical extension of your commitment to your education to become an experienced Forex Trader.
This is a powerful “next step” for student traders committed to taking their foreign exchange trading skills to a higher level of performance. This unique learning experience was created by Mike Baghdady, professional trader whose “hands-on” experience in the financial arena spans over 30 years experience in the foreign exchange, equities, options and commodities markets. Mike’s comprehensive program is the perfect adjunct to the curriculum taught in Forex Trader Courses.
Mike Baghdady is an Online Trading Academy professional who designed this learning experience for aspiring traders who thrive on the unique volatility of the foreign exchange market. Students highly value Mike’s special ability to “filter out the noise” of the market, placing the emphasis instead on essentials – from entry to exit for every trade.
Throughout his career as a professional trader, Mike has traded large share size, and lot sizes leaving little room for error. He therefore had to develop strict discipline and comprehensives techniques to generate consistent profits and minimize risk. Realizing that complicated trading techniques were far more difficult to implement successfully, he distilled his trading techniques down to a basic, efficient formula, so that trading decisions could be made with maximum effectiveness. To this day, Mike continues to teach his techniques to professional traders who are struggling to overcome obstacles blocking their way to trading success.
Mike teaches his students how to “see” the market and understand what seemingly random patterns actually reveal. He teaches by doing, using live money to trade in real-time. Nothing can surpass the experience of watching a live trade executed step-by-step as Mike navigates and explains the trade from entry to exit. You will see him take small losses to prevent larger losses and you will see him let small winners turn into large profits. Through this process, Mike will help you acquire the skills needed to transition from a novice or struggling trader to a consistently profitable trader. You will learn how to make great trading decisions based on sound understanding of fundamentals, technical analysis and market sentiment, as well as when and how to apply each.
Program Details
Venue: |
Webex Real-Time Audio and Video Conferencing |
Tuition: |
$5995 for the first 3 months and
$500/month each month thereafter
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$10,000 for the ability to retake this class for free for life.*
Click here to enroll online or click here to find the Online Trading Academy location nearest you. |
Pre-requisites: |
Forex Part 1 and Part 2 |
Overview of Learning Objectives: |
- Live exposure to the daily professional trading Forex environment
- Live demonstration of how to “see” the market correctly in order to make the appropriate trading decisions and be on the right side of the market
- Live demonstration of specific trades taken and an explanation of the methodology used to generate those trading decisions
- Live demonstration of appropriate exit techniques to capture profits
- Live demonstration of avoiding common pitfalls that deter many students’ progress
- Interactive sessions designed to assist students in asking questions and fully understanding the methodology and appropriate context of each trade taken
- Instructor teaches this course using a live trading platform to ensure that the student sees a real trading environment and not a facsimile.
- Student access to instructor through e-mail with the knowledge that the student will receive a well thought out response to their question within 24 hours of receipt
- Access to instructor daily through text chat and voice over internet protocol in Online Trading Academy's state of the art virtual training classroom
- Access to vital long term contacts through networking among other student traders
- Prompt answers with solid instructional examples while "in session" when the student needs instruction the most
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Successful trading is a numbers game and you need a system with clear rules that is statistically going to work to your favor. You need discipline, dedication and a winning attitude so that you can follow the rules.
“Seeing the market patterns for what they are is the cornerstone of successful trading. Opinion, prediction, and stubbornness have no place in successful trading. I ask my students, ‘Would you rather be right or rich?’ Unfortunately, most traders would rather be right. I will show you how to make consistently correct market decisions, which are contrary to your normal inclinations, based on what you see, not on what you believe.”- Mike Baghdady
Learning to trade is a skill you can use for life!
Click here to enroll online or click here to find the Online Trading Academy location nearest you.
DISCLAIMER: This service is purely for educational purposes only. Online Trading Academy or any of its staff does not recommend, advocate or urge the buying, selling or holding of any investment. Trading and Investing involves high levels of risk. The Instructor(s) will only express personal opinions and will not assume any responsibility for the actions of the reader. The Instructor(s) may or may not have positions in Financial Instruments discussed in this service. Future results can be dramatically different from the opinions expressed herein. Past performance does not guarantee future results. Participation in this service constitutes an acceptance of all the above.
*retake of classes scheduling and the teacher teaching it is determined by Online Trading Academy only at our full discretion.
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Testimonials
"I am one of the XLT Forex students and was one of the beginning students of Mr. Mike Bahdady's XLT classes. I just wanted to share my experience in the Forex XLT class with Mike as he is truly a great instructor. I cannot express enough my gratitude I have for Mike for his priceless teachings in the classes. Mike teaches with great love and this is truly felt in each and every session. He is a unique and very experienced instructor that anybody wishes to have. His patient, calm and direct attitude makes the intricacies of the markets a truly enjoyable experience to learn and discover. I am truly blessed to be one of his students. Thanks Mike and thanks Online Trading Academy."
Marisa M., April 2008
"Mike B. has an incredible grasp of market movement and behavior. A pleasure to learn from."
Dusty R.
"Mike Baghdady has outstanding insights on the market & has shown us areas where I couldn't see traps before and had losing trades. He is outstanding on level 2 platform. I learned how to use it to my advantage and stay out of bad trades. I learned a great deal of chart technical analysis and how to interpret the trading psychology of other traders."
John L.
"Mike has used his experience to make me confident in my decisions about trading. He has also made me completely comfortable with all the information, and I am looking forward to trading!"
Brandon A.
"Mike Baghdady is a wonderful person who had great patience and a way of presenting complex material simply and clearly. He reduces the complexity of the markets to their essentials."
Timur R. April 2006
“Great instruction!!!! Mike Baghdady's patience and depth of knowledge is extraordinary. He is a wonderful teacher and an awesome Master Trader. He is a great role model.”
Donna W.
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