Women are Actually Better than Men at Trading and Investing, according to new OTA data
Irvine's California's Online Trading Academy's recent survey of over 1,000 OTA (Online Trading Academy) students in April 2021 indicated that 22% are women. The company’s data shows that their student composition has been between 18-20% since 2011.
“While we think 20% is a significant portion, we also think it is not enough. There is lots of research that suggests women are actually better than men at trading and investing,” said Mike Richardson, President of Online Trading Academy.
He went on to say, “At the very least, they should be partnering in the process with male counterparts or financial advisors, and we are dedicated to helping them learn the skills, evolve their proficiency and develop their confidence to do so.”
Having served over 80,000 students with lifelong trading and investing education so far, over more than two decades, Online Trading Academy is well placed to lead this initiative. “OTA’s Women in Trading & Investing initiative is a portal created by women for women who want to grow their financial skills and confidence,” said Lisa Kolibar, a Vice President at Online Trading Academy who is championing the initiative. She added, “hear from women who are currently trading & investing; how they’ve conquered stereotypes and found the motivation to make it happen. "
In particular, Online Trading Academy’s Women in Trading and Investing initiative will give a voice to female students, instructors and team members to share their stories to inspire other women to follow in their footsteps.
“Our WITI Conversations podcast will hear from women around our community and how they went on their learning journey,” said Kayla Christine, Instructor with Online Trading Academy, and host of the WITI Conversations podcast. She added, “I can’t wait to hear their stories and compare notes with my own, having myself started as a student with OTA in 2014, and then becoming an instructor and now helping to inspire others.”
The WITI portal can be found inside of OTA’s OTAcademy site: www.otacademy.com.