Thanks for taking the time to investigate the Optuma CMT3 Preparation Course. I’m sure, like me, you have memories of how hard CMT2 was and having to wait for the result. CMT3 builds on all of that content and introduces some new concepts, looking much deeper at market correlations, and bundling it all together in some difficult questions. Where this gets really hard is that there are a lot of long-form questions requiring you to explain your answers. You need to type fast and answer clearly (we’ll give you lots of exam tips during the course).
Coupling the study text , Optuma course and the Optuma software really helped me grasp the key concepts and apply them in preparation for the exam. More so it helped me secure a solid foundation to start my career in Technical Analysis. I look forward to continuous learning and application to the trading markets. I recommend the program to all aspiring Technical Analysts.
Do I need to read the book?
Yes, this course is a supplement to the book. Remember that the exam is based on the textbook, so you should read it carefully. This course is not a replacement for your own study. You’ll see this in our introduction video below, but we recommend that you read the chapter before watching the corresponding video. That way you will have questions that the video will be able to answer straight away.
If you have not yet purchased the book, make sure you get the eBook, it makes searching easy and you are going to need to be able to search. You can get the eBook from Wylie here.
I passed level 3!!!
You were a huge help and cleared up a bunch of questions I had. I wanted to let you know that the Optuma Level 3 prep course was a great review. The fact that you did the video sessions, recorded webinars, forum, and the weekly notes was a huge help. It was one of the most valuable prep courses that I have attended. The support you guys offer just brings it all together.
How is the course delivered?
We have over 17 hours of videos and over 500 pages of slides that we produced for the course. You will have immediate access to all this plus the glossaries and cheat sheets that we have compiled. The best way to see how the course is presented, and all that we offer you, is to have a look at the introduction video. At the bottom of this page, click on “Free Preview” next to the Introduction in the course outline.
The CMT is a self study course and any extra help is most helpful. I have used Optuma for Levels II and III in Oct 2016 and April 2017 and on both occasions it has helped me a lot. There is no substitute for reading the text thoroughly but watching the videos post reading is an excellent way to reinforce the material. for Level III, I have watched the videos several times. The best part, according to me are the referencing of the learning objectives to material in the text followed by the Forum discussions.
All questions, no matter how basic, are answered almost immediately by Mathew. The free use of the Optuma software, which is available to all registered candidates, is a plus and for Optuma tutorial subscribers the workbooks which reference the material under discussion are a super plus!
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 and the exam.
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.
I’m so glad that I enrolled in your Level 3 prep class. Attending the weekly prep classes kept me on track and provided terrific review material. The sheer quantity of material (1013 pages) in Level 3 was intimidating but your review course helped me to focus on what was most important and to understand some of the concepts I struggled with. I also really appreciated the ‘class notes’. Being able to read a second set of notes helped me to think about the material from a different perspective.
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
Mathew–I want to thank you for the quality of your study materials. Taking your courses helped me pass both CMT II and CMT III. I know that I would not have done as well without having taken your courses online together with having the reference materials.
Thank you again for your CMT course and your commitment to excellence!
In this first session, we go over a quick introduction to the Optuma CMT3 course.
The following is a copy of the slides used in the video.View Notes
This is the breakup of all the questions in the exam. It is important that you make sure that you don’t spend too much time on an area that is not examined too much.
Below you will find a log of all changes that have been made during the course of you having access to this course. Please check back here occasionally to see if we have made any changes or updates to the material.
|September 12, 2020||Added Prometric “What to Expect” video to the Exam Review page.||View Page|
|November 26, 2019||Corrected Candlestick Analysis Slides. Slide 27 – Three Inside Up was labelled as a Top pattern when it is a bottom pattern (and vice versa).||View Page|
|November 4, 2019||Corrected Candlestick Analysis Slides. Slide 27 – Morning Star is at the Bottom and Evening Star is at the Top.||View Page|
|July 13, 2019||Updated Course Introduction.||View Page|
|July 1, 2019||Moved Practice Exams to their own Course.||View Page|
Michael Carr, CMT, the Chariman of the MTA Ethics Committee has put together some slides and a great explanation of what you need to know about ethics for the exam.
Here is a PDF of the slides used in the video below.Download Ethics Slides
The following lectures in this section contain the detail from the CFA handbook. We have reproduced them to make finding the individual standards easier. Note that we have not included the guidance sections. You should read those too. Each lecture contains:
- The Standard
- Procedures for Compliance – make sure you study these as they will help you understand the standard.
- Applications of the Standard
NOTE: The study guide link on the last slide is no longer valid. You can find the study guide here:
Sample Questions: We have found sample CFA questions in the following document. Many of the ethics questions on the practice exams are direct copies from here. Goto Page 223 in this document to review the 40 sample questions. If an answer does not make sense, then you can review the relevant section in the document. http://www.cfapubs.org/doi/pdf/10.2469/ccb.v2014.n4.1
The following is a copy of the slides used in the video.View Notes
What to Expect at Prometric
Prometric has made this video available which outlines what you can expect on exam day. In particular, it outlines the extra safety requirements during the Covid-19 pandemic.
There is no Optuma workbook for this module.