Scott McCormick CMT

Online Trading Academy
Scott McCormick Photo

As a Registered Representative with Charles Schwab & Co. Inc., Scott McCormick was involved in assisting clients execute equity and equity option trades.

In 2001, Scott began swing trading equities and equity options. After some losses, and making what appeared to be common investing mistakes, Scott decided to educate himself about technical analysis. During his studies through the Market Technicians Association, Scott found the world of Forex trading which was quickly added to his portfolio.

During his time as a Financial Consultant, Scott helped high net worth clients strategize, implement, and manage equity, mutual fund, and bond portfolios. When the bear market of 2007-2008 hit, Scott quickly realized that his investment philosophy did not match that of the financial services industry; leading him in 2009, to the opportunity to begin a career as an Instructor.

In his classes at Online Trading Academy, Scott teaches his students the use of technical analysis to identify high probability trading opportunities controlled with proper risk management.

  • Power Trader Nation

Past

  • Charles Schwab & Co. Inc. Registered Representative and Investment Advisor Representative

Specialties

  • US Markets

Expertise

  • Mastermind Community
  • Stocks
  • Trading Platforms

Endeavors

  • FINRA series 7, 63 and 66
  • Charted Market Technician designation
  • Member of the Market Technicians Association, Society of Market Technicians
  • Affiliate of the Chartered Financial Analyst Institute
  • Level I CFA Candidate
  • Contributor at speaking engagements throughout the greater Washington D.C. area
  • CES Certified
  • Power Trading Radio guest

Hometown

Washington DC, USA

What Students Are Saying

“I took this course in order to get more clarity about how to handle my long term investments. My expectations were met completely, primarily because of the clear approach to stock selection but also because it helped answer many risk management questions I had, such has how to manage positions during earnings. The knowledge I have gained from the course about stock selection will also be invaluable in my shorter term Options trading. Scott presents the material very clearly, is passionate about his subject and answers all questions thoughtfully and patiently. His analysis of each real time trading opportunity using core strategy was extremely helpful, especially as he focused on fully understanding each trade in the context of the bigger picture time frames.”

, October 2018

“Scott was a very thorough instructor. His deep knowledge of chart technical analysis and engaging teaching style made the presentation of the information clear and concise.”

, August 2018

“My experience with trading is having a 401K. After taking this class I understood a lot more about the financial markets and how applying Core Strategy can improve my chances of success when trading. Thank you to Scott McCormick who broke down the process in a clear and concise manner while sharing his personal experience and, on occasion, adding his intentionally dry humor :-).”

, August 2018

“Not only me, but the whole core strategy class made a huge step during the 7 days with Scott McCormick. It was great to work with an instructor who has a professional trader background.”

, July 2018

“Being new to trading and not knowing what to expect or what I would learn, Scott was truly amazing!!! I left every day looking forward to the next day's lessons... His passion and delivery kept you engaged the whole time. Because of this class and Scott's teachings, I'm more excited about trading than I was going into it.”

, April 2018

“My time with OTA taking the Core Strategies course with instructor Mr. Scott McCormick was pure quality time. His expertise was very impressive. My expectation of the program was definitely met.”

, March 2018

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