Completed Level 1 of Certified Financial Technician (CFTe) with Score of 86

On Monday, I decided to try my hand at the Certified Financial Technician (CFTe) exams, which some claim to be the “CFA equivalent” for trading accreditation.

While I managed to pass, I was pretty sure I could have done better if I had studied for it. 😀

Why am I doing this?

Well, as a trainer, I think it is important to have some accreditation or qualifications (in addition to my double degrees and fund experience) to reassure people of the quality that they are getting. I mean, if you go to see a doctor, you would want to make sure he actually has a medical degree and the proper accreditation, and not simply trust him because he is “famous” or has a cool website/blog/video.

Hopefully, in time to come, MAS or SGX will impose some kind of minimum qualification or accreditations for all trainers, to ensure teaching standards and to prevent a market for lemons.

Wish me luck for Level 2! xD

2014-08-19 02.14.48

Certified Financial Technician (CFTe)

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About the author

Spencer is an avid globetrotter who has been trading, travelling & teaching across 50+ countries, making his first million at 28 and amassing over 300k followers worldwide. As a former professional in private equity and proprietary funds, he has over 10 years of market experience, and has been featured on more than 20 occasions in the media.

 

2 replies
  1. Muneera
    Muneera says:

    Dear Spencer,

    I have just recently started my career as a trader, and I am required to pursue the CFTe Level 1. I have started studying for the course, however I am finding it very difficult and stressed as to what to study and how to study for the exam.

    As for now I am reading the book Technical Analysis for Financial Markets and was wondering whether that is sufficient to pass the exam.

    I am writing to you in order to ask for any advise/tips you can offer me.

    Your help is much appreciated.

    Kind Regards,
    Muneera

    Reply
    • Spencer Li
      Spencer Li says:

      Hi Muneera

      Thanks for reaching out.

      I believe that when you signed up for the CFTe, the IFTA provided a full reading list of all the books to read. Just read all of those, and you should be fine!

      Hope this helps!

      Cheers
      Spencer

      Reply

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