In September of 2010 I attended a FREE Power Trading Workshop after seeing on of their commercials on CNBC. I was intriqued by the promises, particularly that Online Trading Academy (OTA) let's you trade with real money - their money.

I was especially interested in the FOREX. The person that I spoke with on the phone assured me that the FREE workshop would cover all asset cetegories including FOREX. When I arrived at the workshop, I found that the FREE workshop/seminar was focused on stock trading and nothing about FOREX.

Seeing my interest in FOREX, the presenter and 2 of the counselors talked with me about the upcoming FOREX class and convinced me to attend the next class. Which I did.

What a joke!! The instructor was a guy named Stan. He seemed like a nice guy and was very articulate but wow did he love tot alk about himself! Most of the morning of the first day was spent showing us slides and talking about his many travels around the world. We heard about his lovely wife and saw many pictures of her. This was all nice, but I and the others did not pay $5, 000 for this. We paid for FOREX training.

Once he got tired of talking about his travels he went into a long story telling us his resume and all of the books he was in. Finished with that, he next went into telling us about some invention that he created that is supposed to help you track stocks. It looked like a worthless piece of wood.

Almost lunch time, Stan finally got into some training. This instruction was fairly good but nothing that I didn't already know.

Lunch time comes and now Stan saws that we are going to have a working lunch and all students are supposed to come ino the small classroom with their food. Stan turns on the slide projector and once again we get to see the World Travels of Stan interspered with more information about his many wonderful accomplishments and a litany of how many books he is listed in.

Lunch over, class starts late as Stan is still talking about himself and we go into training. About an hour later, two of the counselors walk in and proceed to give us an informercial on another class coming up on E-Mini Futures Trading. Sorry, I didn't pay $5, 000 to be pitched on another class on my time.

If that wasn't enough the counselors poroceeded to pull us out of the training room, one by one and took us into their closing room trying to close us on enrolling in the next class!

I have never witnessed such blatant disregard towards clients as I witnessed here. The counselors were really salespeople and amateur salepeople at that. Apparently they did not know the difference between professional selling and mere hustling, showboating and high pressure carnival barker, used car type sales tricks and gimmicks.

I continued with the class through the week. Funny thing. We never got to trade live as the commercial promised and overall the training was basic stuff that anyone could find in a cheap book for under $30 at their local bookstore.

Stan went on all week reminding us about his many accomplishments and travels. It is unfortunate because Stan seemed like a real nice guy, very intelligent but didn't give us any real worthwhile information on FOREX trading. And OTA did not deliver on their promises. This class was overhyped. Many promises were made, but OTA fell far s hort on those promises.

The workshop and the class seemed like nothing more than a sales pitch with the deliberate intent to sell more classes and not educate.

Stay away from these guys.

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