Thanks for taking the time to investigate our CMT1 Preparation course and congratulations on making the decision to pursue the CMT designation. The designation really is a badge of honor that will set you apart from other Financial Analysts.
Only 61% of Level 1 candidates passed the exam in 2017. This is a hard exam. The biggest issue we have seen is that candidates assume because they have been using Technical Analysis for years that this will be easy. It’s not! I’d been studying and programming nearly every TA concept for fifteen years before taking CMT1. I was shocked at how many TA areas I just did not know enough about. Technical Analysis is a broad field of study with many sub-fields. The CMT1 exam is going to test that you have a good understanding of many of those sub-fields.
To assist candidates with the CMT1 exam, we are providing a full 13-week course on all of the material that you need to know for the exam. Each week is broken up into modules. Modules range from 15-45 minutes depending on the complexity and length of the topics being covered. You can see an outline of the weekly sessions below.
Do I need to read the book?
It is strongly recommended that you read the book. While we will be teaching all the concepts that you need for the exam, it is always beneficial to read the original text. The exam is based on the textbook, so you should read it carefully. This course is not a replacement for your own study.
How is the course delivered?
Each module is presented as a video with cuts to TA software and blackboards as needed. The best analogy is the typical classroom setup where you can watch the video and see us explain the concepts that you need to know. Below is a quick video that gives you a good idea of how the course is presented.
Thanks for all your help. The course got me through. Tough exam…
Do I get access to the Slides?
Yes, you will have access to the slides that we present and also to any cheat sheets and glossaries that we create throughout the course.
Do I have to take notes?
It is strongly recommended. If you approach this as if you were at University, think of us presenting the information and you taking notes as we go. There is a lot of education research that shows that students that write their own notes will retain the information and perform better in the exam. Our slides and videos are available to you, but to get maximum benefit from the material, write your own notes.
Do I need to install Optuma to do the course?
No. We offer free access to Optuma for all CMT candidates. We also make available Optuma workbooks (that’s how we store analysis in Optuma) so that you can get some hands-on experience with the different ideas. It’s no secret that we’re a software company and we sell software. We’d love you to install Optuma and see all the benefits it can give you, but it is not required to take the prep course.
What if I have questions or don’t understand something?
We have a special private forum set up at forum.optuma.com where you can ask questions. When you sign up for the course, you’ll be able to login there and get access to the private forum. We’ll be monitoring that daily and will respond with answers to questions there.
We know that the course and support will be a great aid as you prepare for this exam. If you want to sign up and get instant access to the material, just click on “Buy The Course” at the top-right of this page. If you were sent, or already have, an Optuma username and password, please ensure that you use those details when you sign up. It will save you from entering your information twice.
I wish you all the best with your studies.
Mathew Verdouw, CMT, CFTe
1. Basic Principles of Technical Analysis
In this first session, we cover the basic principles of Technical Analysis.
The following is a copy of the slides used in this video.View Notes
There is no Optuma workbook for this module.