CMT Exam have anyone did it ? if yes how was it , i need the ebooks for CMT Level 1 | CMT Level 2 | CMT Level 3 i would like to have the exam
- #8
- Jun 19, 2013 2:06am Jun 19, 2013 2:06am
- Joined Apr 2012 | Status: ipsa scientia potestas est | 682 Posts
Hi.... Last reply on this topic was 7 years ago.. Quite interesting
Anybody around hold CMT certification? Anybody have any idea that it helps to find job on technical analysis? On MTA web site some numbers about 2011 average salaries but it is not clear... The CMT certification in general look like other non-profit organizations certifications where some people think they are a way of getting money from specialists of the profession... I have CISA (About IT Audit) and CIA (Internal Audit) certifications. They were costly and continuations needs considerable money and time but their return is very low with respect to these costs... So I need some advice from professional if anyone around.
Thanks & Best Regards
Anybody around hold CMT certification? Anybody have any idea that it helps to find job on technical analysis? On MTA web site some numbers about 2011 average salaries but it is not clear... The CMT certification in general look like other non-profit organizations certifications where some people think they are a way of getting money from specialists of the profession... I have CISA (About IT Audit) and CIA (Internal Audit) certifications. They were costly and continuations needs considerable money and time but their return is very low with respect to these costs... So I need some advice from professional if anyone around.Thanks & Best Regards
Jobs lol you won't get any !! CMT is a certificate which indicates proficiency in TA, For me it has helped a lot in speculating but I can't guarantee it will help everyone it depends on personal expectations
- #17
- Feb 27, 2014 4:32am Feb 27, 2014 4:32am
- | Joined Apr 2013 | Status: Central banks and debt bubble | 251 Posts
{quote} i dont expect to get a job with the cert hehe. my wish is just to get a better view of the market movement. am especially interested in price action, elliot wave, chart pattern etc (less relying on indicators). i read lots of ebooks but somehow i think its totally different when it comes to trading. i want to believe the "eyes of the expert" cuz i believe those who teach cmt students are those of experts
Complete TA-Technical analysis: The complete resource for Market Technicians by Kirkpatrick is best
Price action- Highly subjective depends purely on how you do it but :Reading Price charts Bar by Bar written by
Al brooks is a best option but again completely subjective requires hardcore mind
Elliot wave- Completely out of my style and Doesn't suit majority of the speculators out there and I think Forex has a different structure from stocks where 3 waves act and react instead of 5 waves as in stocks and my recommendation is Glenn neely's Mastering Elliot wave and Harmonic Elliot wave by Ian copsey .Don't go for Elliot wave principle I think it's not worth in today's Marketplace and old dated
Chart Patterns- Again Majority of the Psychologists believe pattern recognizing is subjective and human minds tend to see patterns even in randomness but that doesn't mean patterns don't work- Go for Thomas bulkowski Trading classic chart patterns
Hope That helps
{quote} By guess then CMT is not the right option for you- All you need to do is grab some books and read it. My list for you Complete TA-Technical analysis: The complete resource for Market Technicians by Kirkpatrick is best Price action- Highly subjective depends purely on how you do it but :Reading Price charts Bar by Bar written by Al brooks is a best option but again completely subjective requires hardcore mind Elliot wave- Completely out of my style and Doesn't suit majority of the speculators out there and I think Forex has a different structure...
anyway thanks a lot
