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

  • Stocks

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

“My son and I just completed Online Trading Academy's Core Strategy course. Our instructor, Scott McCormick, was incredible. His energy, humor and subject knowledge is only surpassed by his teaching skill and applied patience. The entire class thanked him and I look forward to the next course of studies.”

, November 2017

“Scott McCormick has an excellent way of teaching that keeps you engaged in the subject matter that he is presenting. He has a unique and constructive way of sharing all his "been there, done that" theories. But he will be quick to advise his students that he does not know everything. He provided many tools. I feel that if I apply them as taught I should be able to be successful at trading. It was truly a privilege and pleasure to have Scott as my Core Strategy instructor.”

, November 2017

“Scott McCormick is a superb instructor who not only knows the financial markets very well, he also knows the course material and most importantly, he understands how to teach the material so that his students understand it and retain it.”

, September 2017

“This is the second time Scott McCormick has been my instructor. He is extremely knowledgeable and always willing to answer questions. I appreciate the control he keeps on the class during labs so that no one falls behind. There is much less confusion. I've already recommended him to 3 other students. Love his humor! And I was happy he shared his personal trading experiences.”

, September 2017

“Scott was an excellent teacher. His knowledge, presentation skills and management style were superb.”

, September 2017

“He is great. He goes the extra mile to make sure everyone is on the same page and provides easy to understand examples of things that are more difficult to understand for some. Good communicator, good listener. Really can't think of anything but positive things to say. I am glad I got to end up in his class after his 3 years away from Chicago.”

, August 2017

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