After passing level 1 of the Certified Financial Technican (CFTe) exams a few months back with a whooping score of 86 (passing score is 74), I went on to take level 2 of the exam, and was recently notified that I have passed! Yay! 😀
What is this Certified Financial Technican (CFTe) exam all about?
Basically, it is something like the CFA exams, but for technical analysts and traders.
Source: http://www.ifta.org/certifications/financial/
What is tested during these exams?
The syllabus is very comprehensive, and not for the faint-hearted. 😀
It took me 2 whole weeks of serious studying/revising to cover all the topics.
Exam Syllabus
How recognised is this certification?
Well, for starters, it is recognised internationally in 26 countries, and it is not easy to achieve, hence it is much more “rare” than the more common CFA.
Source: http://www.ifta.org/about/
Going forward, I think that it is important for SGX or MAS to “force” all trainers to take more accreditation exams or certifications, to ensure their competency and raise the standards of all trainings in the industry.
With the proliferation of blogging and social media, it is now easy for anyone to become an instant market Guru overnight, and start conducting classes for software/training, etc. Having such certifications will help the public discern the real traders/trainers from the lemons in the market, who give the industry a bad name.
Even though I have achieved financial freedom 2 years back, I have never stopped learning – spending over $10k on courses and trainings just last year alone.
Even with my double degrees, I still continue to pursue more lifelong skills, which include certifications, courses, and most importantly I still read at least 1 book a week.
And as I strive to keep improving and continually invest in myself, I hope that through this blog, I am able to help others master the right skills and achieve early financial freedom too!
Cheers! 😀
Spencer is an avid globetrotter who achieved financial freedom in his 20s, while trading & teaching across 70+ countries. As a former professional trader in private equity and proprietary funds, he has over 15 years of market experience, and has been featured on more than 20 occasions in the media.
