CFT/CMT course on Wiziq.
Short Description
upcoming course on wiziq. Certified Financial Technician & Chartered Market Technician....
Description
CMT (Chartered Market Technician) vs. CFT (Certified Financial Technician) Shivgan Joshi http://stockcreditfinancecfa.blogspot.in/
Disclaimer •
Personal views
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For education & Research
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Do not represent any organization organization
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Not affiliated to any organization organization
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Neither a CFT or CMT
CFTe Level 1 Exam • • • •
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Certified Financial Technician http://www.ifta.org/ http://www.taindia.org/IFTA_CFTe Local Chapter for Support / Meetings / Cost effectiveness Cost of the exams is as follows: Level I US $500 and Level II US $800.
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Initial Joining Fee : Rs. 3,000/-
CMT Level 1 Exam •
Chartered Market Technician
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http://www.mta.org
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http://www.atma-india.net/cmt-program.html
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It also has cell in various nations
CMT vs CFTe CMT (Three Levels) •
2 hours 135-Questions Prometric
CFTe (Two Levels) •
2.5 hrs 120-Questions Pearson
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Multiple choice question
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Focuses 6 basic areas
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1 out 4 correct
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1 out of 4 correct
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New York, USA
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Maryland USA
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Easier (means less knowledge)
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Medium Difficulty (means more knowledge)
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More costly
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Less Costly
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Better online resources resources
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Less online resources
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Work exp required
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No work Exp Required
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Have sample papers
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No Sample Papers Papers
CFT Syllabus & Key Learning •
Dow’ Dow ’s theory
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Trend line, support resistance, etc
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Oscillators
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Moving averages
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Relative Strength
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Candle Charts
Important Point •
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MTA seems to be bigger in terms of open source (the have a huge public library than contains free stuff) As per MTA we can do the tests and complete all 3 levels, however you can use the "CMT charter" after your name only when you have the respective 2/3 years of relevant experience. experience. No problems problems like such CFT CFT..
CFT Syllabus & Key Learning •
Nearly Same
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Little about:
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Volumes
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Automated trading
Syllabus •
5 Hours / 5 Class course covering CMT L1
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50 test questions
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Understand the exam before registering
Class 1: Technical Analysis of stock trend •
1. 2. 3. 4.
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15 minutes on each topic The Dow Theory Impo Import rtan antt Reversal sal Patterns erns Support and Resistance Trendlines an and Ch Channels
Edwards, Robert D. and Magee, John, Technical Analysis of Stock Trends, 9th Edition, CRC Press, Taylor & Francis Group, Boca Raton, Florida, c2007, ISBN 0-8493-3772-0
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Class 2: Technical Analysis The Complete Resource for Financial Market Technicians Measuring Market Strength Temporal Patterns and Cycles Flow of Funds Moving Averages
Kirkpatrick, Charles D. and Dahlquist, Julie R.: Technical Analysis The Complete Resource for Financial Market Technicians, Pearson Education, Inc., Upper Saddle River, River, New Jersey 07458, c. 2006, ISBN10:0-13-153113-1
Class 3: Technical Analysis Explained •
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Individual Momentum Indicators The Concept of o f Relative Strength Volume: General Principles & Volume Oscillators Oscillators
Pring, Martin J.: Technical Technical Analysis Explained, 4th Edition, McGraw Hill Book Company, New York, NY, c. 2001, ISBN 0-07-138193-7
Class 4: The Definitive Guide to Point and Figure • • • •
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Introduction to Point and Figure Charts Characteristics Characteristics and Construction Understanding Understanding Point and Figure Charts Projecting Price Targets
Jeremy du Plessis, The Definitive Guide to Point and Figure, Harriman House LTD, 2009, ISBN 1-897-59763-0.
Class 5: Revision Revision Applications Doubts •
Miscellaneous
Conclusion •
It is about knowledge
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Reference: FAQ from the respective Website
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CFTeI_Syllabus_2012.pdf
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cmt-level1-fall2012.pdf
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