PRESS RELEASE: New Research from Online Trading Academy Provides a New Orientation to Market Timing
Who Says You Can’t Time the Markets?
There is a rising tide of interest in the voice of retail traders and investors as an increasingly important and not well understood segment of the financial markets. There is not a lot of research and it is hard to know how much that may be skewed by a predominance of uneducated retail traders and investors. Having served over 80,000 students with lifelong trading and investing education for more than two decades, Trading Academy is well placed to research the sub-segment of educated retail traders and investors.
Trading Academy Research Center
Where are You on Your Learning Journey with Retail Trading? The Peak of Mount Stupid or the Valley of Despair?
— One model we love as one way to summarize the learning journey as a retail trader is called the Dunning Kruger Effect model.
What Percentage of Retail Traders Make Money? That's a Difficult Question to Answer! You’ll Need to Decide For Yourself.
You can spend a lot of time researching Google trying to find an answer to that question. That’s one of the reasons that we launched the OTA Research Center to help collect and curate 3rd party research to try to triangulate a body of evidence on an answer.
6 out of 10 Responding Students Said That Online Trading Academy is an Important Part of Their Lives. 7 out of 10 wished they had started sooner.
— I wanted to mention some of the data points from the Student Survey which we did in April this year, with over 1000 students responding. Two things most caught my attention:
Online Trading Academy President Talks About the SEC, Cryptocurrency, Overconfidence and more
— Over the last few weeks, here are a few things which caught my attention in the news and out of the OTA Research Center
Research Insights into Educated Retail Traders & Investors
— We recently conducted a student activity survey in April 2021 with over 1000 students responding.
Online Trading Academy President Talks About the GameStop Hearings, the SEC and more
— Over the last few weeks, here are a few things which caught my attention in the news and out of the OTA Research Center:
To Smart Phone or not to Smart Phone? That is the question!
That is the modern day dilemma. The degree to which smart phones are fit for purpose for educated retail traders and investors who are serious about their trading and investing methodology, risk management and discipline.
Beware the Dunning-Kruger Effect
Research published in 1999 by psychologists David Dunning and Justin Kruger entitled, “Unskilled and Unaware of It: How Difficulties in Recognizing One's Own Incompetence Lead to Inflated Self-Assessments” demonstrates the tendency of people to assume they are more skilled than they are.
Continuing Evidence of the Value of Financial Education from FINRA and GFLEC (Global Financial Literacy Excellence Center).
A long running study from the FINRA Investor Education Foundation and the GFLEC (Global Financial Literacy Excellence Center) into financial anxiety and stress among U.S. households was just updated in April 2021 with the results of focus groups conducted in December 2020.