Best CMT Training Institute India, CMT Course Level 1, 2, 3

Basically, CMT Full Form is Chartered Market technician is a designation for technical analysts worldwide. The CMT Certification Course demonstrates mastery of a core body of knowledge for technical analysis, portfolio management, and risk management. Our market philosophy is grounded in behavioral economics and extends beyond classical pattern recognition techniques to include quantitative approaches to market research and rule-based trading system design and testing.

A CMT Association  Certified Chartered Market Technician needs to cover three levels to be cleared after you earn the designation of CMT.

Level I: Focusing on the basic knowledge of the terminology and analytical tools used in technical analysis.

Level II: Measuring the candidate’s competency in the application of concepts, theories, and techniques covered by the required readings.

Level III: Tests the candidate’s ability to integrate his or her understanding of the concepts identified in Level I with the practical application learned in Level

A Chartered Market Technician has mastery in the fields of technical analysis, managing investment risk, and portfolio management. CMT holders work on developing trading systems and play the gap between the intrinsic price and the market price of a particular asset class.

To get enroll in the cmt program firstly student have to create their account by visiting CMT association official site: https://cmtassociation.org Students need to register for the CMT Level 1 Exam with the association. Study with the updated CMT Level respected curriculum and also have to schedule a date and time for the prometric exam in a nearby prometric testing center.

The CMT- Chartered Market Technician Level exams are given twice a year, in June and December.

Chartered Market Technician Jobs are available with various designations like Investment Analyst, Portfolio Manager, Trading Strategist with Companies Related to Investment, Research, and Stock Broking.

There is no limit on the number of attempts candidates may make to pass each level of the CMT exams.

You may reschedule your exam within the current administration within five days before the exam date at no cost.

CMT Exam Level I – 2 hours

CMT Exam Level II – 4 hours

CMT Exam Level III – 4 hours

Level I – 132 multiple choice questions (Only 120 are counted, 12 are for piloting new questions)

Level II – 170 multiple choice questions (Only 150 are counted, 20 are for piloting new questions)

Level III – Essay questions totaling 240 points. Candidates should use the point allocation of each question as guidance for time management.

Level I – primarily definition & recognition – This exam measures basic, entry-level competence and understanding of technical analysis. The Level I candidate needs to have a working knowledge of the basic tools of a technical analyst.

Level II – primarily application & analysis – This exam requires the candidate to demonstrate a greater depth of analysis and use of technical tools. The Level II candidate is expected to demonstrate proficiency in applying more advanced analytical techniques and technical analysis theory.

Level III – primarily integration & synthesis – This exam tests the candidate on the development of logical and consistent research opinions, portfolio strategies and trading decisions based on a wide range of charts and technical data. The Level III candidate is asked to analyse case studies, make recommendations and justify those recommendations based on the data provided. All candidates must pass the ethics portion of this exam.

The CMT Board of Governors recommends the following minimum study hours for each Level of the CMT exam. These estimates are based on a college education and a background working in the financial markets:

CMT Exam Level I : 80 to 120 hours

CMT Exam Level II : 100 to 140 hours 

CMT Exam Level III : 120 to 160 hours

Recommended study time differs from person to person based on experience with the subject, time working in the field, and prior knowledge of technical analysis. However, these are rigorous exams testing a broad body of knowledge. All candidates, regardless of work experience, must allocate appropriate time to prepare the material.

In India, CMT course fees depend on CMT course levels of registration, such as early bird, standard, and late registration, which also vary depending on the location itself. The CMT Levels Exam Fees are $625 without curriculum, and with curriculum, they vary around $900.
 

FINRA has amended FINRA Rule 1050 to provide an exemption from the analysis portion of the Research Analyst Qualification Examination (Series 86) for more details visit : https://cmtassociation.org/chartered-market-technician/series-86/

Main Knowledge of Domain:

Quantitative Research & Trading

Risk Management

Applied Behavioral Finance

Portfolio Management

Nowadays, the Chartered Financial Analyst board also controls CMT designation. CFA is a program based on financial asset valuation & portfolio management on the basis of Fundamental analysis & investment valuation whereas CMT designation solely used portfolio management technique based on quantitative methods like technical analysis.

Chartered Market technician is a designation controlled or maintained by the Master of technician association governed by the Chartered Financial Analyst Board USA whereas CFTe designation is managed by the International Federation of Technical Analyst .

Generally, CMT programs use the percentile basis for determining passing rates. If a candidate scores an average of 70–75%, then there are great chances to clear exams.

The CMT requires the following minimum qualifications or eligibility requirements: candidates must have a university degree and work experience in the financial markets using technical analysis.