Certified Technical Analyst

[a5519]

Quote from Thunderdog:

I can hardly think of a more worthless designation.

You are not completely correct.
Somebody who is seeking designation is paying money and people who are providing designation are receiving money.
So for the providers, CMT has value.

 

[Thunderdog]

Quote from a5519:

You are not completely correct.
Somebody who is seeking designation is paying money and people who are providing designation are receiving money.
So for the providers, CMT has value.

The question is, does anyone actually hire CMTs on the basis of their "certification?" My guess is no. I could be wrong. But I don't think so.

 

[swtrader]

Quote from ShawnS:

Hi, I was wondering if its possible to get a job as a Certified Technical Analyst without actually trading. Does anyone do this currently or know of any such thing? Thanks in advance.

why would i trust your opinion for my money, if you wont?

 

[ShawnS]

Quote from swtrader:

why would i trust your opinion for my money, if you wont?

Well I'd love to have a trading job, but I don't have enough of a track record to get hired yet so I thought in the mean time, if there was such a thing available it'd be interesting to do something else related to reading charts.

 

[kinggyppo]

Quote from ShawnS:

Well I'd love to have a trading job, but I don't have enough of a track record to get hired yet so I thought in the mean time, if there was such a thing available it'd be interesting to do something else related to reading charts.

If you live in Chicago or New York it makes it easier. There are tons of jobs where you don't trade from a runner (very rare) to a research analyst. Look at craigs list under finance. If you are serious you can go down to an exchange and ask around. I am not saying its easy but it can be done.

 

[TraderZones]

Quote from NeoRio1:

Just because you lose money using technical analysis doesn't mean everyone does.

Grow up.

You know nothing about my trading.

It is very well known that most traders lose their money

It is also very well known that technical analysis is used by most traders

It is also demonstrated by many good studies that TA holds very little water.

But way to go, offering powerful contra-evidence

It is obvious that you need to go back and get your G.E.D.

 

[NeoRio1]

Quote from TraderZones:

You know nothing about my trading.

It is very well known that most traders lose their money

It is also very well known that technical analysis is used by most traders

It is also demonstrated by many good studies that TA holds very little water.

But way to go, offering powerful contra-evidence

It is obvious that you need to go back and get your G.E.D.

You posted something very vague yet direct.

You said 90% of traders use TA and 90% lose money.

First of all your definition of TA is probably different than mine.

To me technical analysis is price action.

To most of the noobs on this site technical analysis is using countless indictors and reading books that tell them to the T what do when price and indicators does this and that.

What is your definition of techical analysis?

Also what would word would you use to categorize and label your trading?

 

[marketsurfer]

Quote from Thunderdog:

The question is, does anyone actually hire CMTs on the basis of their "certification?" My guess is no. I could be wrong. But I don't think so.

you're wrong!

these guys do www.mta.org

 

[marketsurfer]

Quote from NeoRio1:

You posted something very vague yet direct.

You said 90% of traders use TA and 90% lose money.

First of all your definition of TA is probably different than mine.

To me technical analysis is price action.

To most of the noobs on this site technical analysis is using countless indictors and reading books that tell them to the T what do when price and indicators does this and that.

What is your definition of techical analysis?

Also what would word would you use to categorize and label your trading?

whoa, price action? that is almost as nebulous as the term technical analysis. you mean watching volume, price changes and following the axe--in other words--tape reading? speaking of vague...

what about in futures? can the futures tape be "read" ?

surf

 

[TraderZones]

Quote from marketsurfer:

whoa, price action? that is almost as nebulous as the term technical analysis. you mean watching volume, price changes and following the axe--in other words--tape reading? speaking of vague...

what about in futures? can the futures tape be "read" ?

surf