Loren Newman

Online Trading Academy
Loren Newman Photo

Loren Newman has extensive trading background as a CBOE market maker for 25 years and an independent trader on his own accounts. As co-founder of one of the first electronic trading firms in Chicago, he hired, trained and mentored over 100 new traders. This real-world experience makes him superbly qualified as an Online Trading Academy Instructor.

Loren likes to tell his students that a well-designed trading plan is the most important factor in controlling risk so you keep your losses in check and maximize potential gains. One of his proudest accomplishments was his success in recruiting traders from major universities and guiding them in the ever-changing world of trading.

Loren loves the enthusiasm of Online Trading Academy students and promises them intensive attention to the fine points of their trades and their classroom learning.


  • B.A., University of Arizona
  • CBOE trader and market maker
  • FINRA and CBOE arbitrator
  • Co-founder of La Salle Trading


  • US Markets


  • Mastermind Community
  • Options


  • Series 7,55,24 (expired)
  • Guest Lecturer, Northwestern University


Illinois, USA

What Students Are Saying

“I purposely took this class because of the instructor--Loren Newman. Loren's knowledge and experience are the perfect odds enhancers to the professional options trader course.”

, July 2018

“Loren is a phenomenal instructor. ”

, July 2018

“I truly enjoyed this class. The instructor, Loren Newman, was so knowledgeable but was very patient and helpful. He made sure we understood the material and, again, was patient with our progress.”

, June 2018

“The Professional Options Traders Course was great. My instructor had a fantastic knowledge of the markets and years of experience as a floor trader working in the pits of the CBOE. He was very good about making sure the entire class had an understanding of the course material before moving forward, and I learned a great deal from his course. I'll definitely be recommending Online Trading Academy to anybody interested in learning to trade the markets. -Sean O”

, May 2018

“As a past floor trader, Loren's knowledge of trading strategies was matched only by his ability to communicate them in an interesting and engaging manner.”

, May 2018

“I just finished my Professional Options Trader course with Loren Newman and I am extremely happy how the course went. OTA did a very good job in getting me set up with the pre-essentials to the class as well as watching some of the videos online provided to have a better grasp of the new terminology before Day 1. Loren was such a wonderful instructor on a subject that was brand new to me, as well as many others in the class. The class was fun and moved at a very comfortable pace to ensure that not one student was left behind on any subject. The other thing that made this a great class was the level of experience that Loren brought into his teaching. The fact that he was a floor options trader with around 40 years of experience helped us to learn from all his past experiences. Heading into the class, I was somewhat intimidated by the new subject and now feel very comfortable to move forward in my progression as an options trader.”

, May 2018

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