Online Access Free CMT-Level-II Exam Questions

An MTA Member or Affiliate using the MTA mailing list to send _____________ would not be in violation of the Code of Ethics:

• A.A free membership to a club
• B.Research reports
• C.Charting discount coupons
• D.CMT Newsletter

A breakout:

• A.Is a minor pattern which is rarely seen and has no real significance on either the near or long term
• B.Needs to be confirmed by other indicators
• C.Occurs when price passes through specific levels
• D.Has no significance to a trader of investor

Steve Smith, CFA, is an equity research analyst for a long-term investment fund. His annual bonus is linked to annual trading profits. Under a new policy, the assessment period is switched to a monthly assessment period. According to the Code and Standards, best practices dictate:

• A.requiring Smith to obtain permission from each client prior to implementation of the new policy.
• B.keeping the policy change within the firm and existing clients.
• C.updating disclosures when the policy change is implemented.
• D.keeping the policy change within the firm.

Reversals in point and figure charts:

• A.Are set by convention as all point and figure charts have the same reversals
• B.Can change within the same chart
• C.Should be less than a week
• D.Depend on the investment time horizon of the holder

According to Charles Dow, what has been the main downfall of Wall Street investors?

• A.Pride of opinion
• B.Failure to stay the course
• C.Independent thinking
• D.Failure to abide by classic trading rules