CMT-Level-I Online Training Materials, Exam CMT-Level-I Quiz
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CMT Association CMT-Level-I exam is a computer-based exam that consists of 132 multiple-choice questions. Candidates have 2 hours to complete the exam, and they must score a minimum of 70% to pass. CMT-Level-I exam is available in English, Spanish, and Chinese, and candidates can take the exam at any time of the year. CMT-Level-I exam fee varies depending on the candidate's location and membership status.
The CMT-Level-I certification exam is an excellent way for individuals who are interested in pursuing a career in the financial industry to demonstrate their knowledge of technical analysis. By passing the exam, candidates can differentiate themselves from their peers and gain a competitive advantage in the job market. The CMT Association's CMT-Level-I Certification Exam is a globally recognized qualification that is highly valued by employers in the financial industry.
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CMT Association CMT Level 1 Exam Sample Questions (Q189-Q194):
NEW QUESTION # 189
A system in which the investor must be able to withstand a long series of losses is known as the:
- A. Pyramiding system
- B. Martingale betting system
- C. Parabolic system
- D. Directional movement system
Answer: B
Explanation:
Detailed Explanation:
The Martingale system involves doubling the bet size after every loss to recover all previous losses plus a profit with a single win. This requires an investor to have deep pockets to withstand a long series of losses and the exponential growth of the bet size.
NEW QUESTION # 190
Which of the following statement is correct regarding the McClellan Oscillator?
- A. It is the sum of two exponential moving averages
- B. It measures the volume of advancing stocks
- C. It is a breadth momentum oscillator
- D. It is used for longer-range trading compared to the McClellan Summation Index
Answer: C
Explanation:
Detailed Explanation:
The McClellan Oscillator is a market breadth indicator derived from the number of advancing minus declining issues. It is calculated as the difference between two exponential moving averages (19-day and 39- day) of the AD data. It acts as a breadth momentum oscillator7.
NEW QUESTION # 191
In a 5-day simple moving average, each day's price is assigned a weighting of:
- A. 25%
- B. 5%
- C. 10%
- D. 20%
Answer: D
Explanation:
Detailed Explanation:
A Simple Moving Average (SMA) assigns equal weight to all data points. For a 5-day SMA, the weight is $1 / 5 = 0.20$ or 20% for each day.
NEW QUESTION # 192
The Wilder Parabolic Time/Price System:
- A. Works best in trading range markets
- B. Is an oscillator
- C. Decreases the number of days in the calculation whenever price reaches a new high
- D. Increases the number of days in the calculation whenever price reaches a new high
Answer: C
Explanation:
Detailed Explanation:
(Note regarding answer key logic): The Parabolic SAR uses an Acceleration Factor (AF) that increases as the trade progresses. Mathematically, increasing the acceleration makes the indicator "faster" or more sensitive, which is equivalent to decreasing the number of days in a moving average calculation. The answer key identifies C as the correct description42.
NEW QUESTION # 193
Longer-term moving averages:
- A. "Give back" a lot more when the trend reverses
- B. Are better at giving signals at major tops
- C. Give fewer buy and sell signals
- D. A and C
Answer: D
Explanation:
Detailed Explanation:
Longer-term moving averages (like the 200-day) are smoother and less sensitive to daily fluctuations.
Consequently, they generate fewer signals (Option A) than shorter averages. However, because they lag significantly, they are slow to react when a trend reverses, meaning a significant portion of the profit is lost ("given back") before the sell signal is triggered (Option C).
NEW QUESTION # 194
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