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
ALL YOU NEED TO KNOW ABOUT TRADING!
Hi, Spencer here! 😀
After making my first million at 28, and trading & teaching across 60+ countries, I have consolidated my knowledge and experience to create the most comprehensive & practical guides for profitable trading, compiled from thousands of books, websites, courses, and interviews with professionals.
As a former professional trader in private equity and proprietary funds, I have over 15 years of market experience, and have been featured on more than 20 occasions in the media.
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
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