When it comes to developing technical analysis and charting skills, the Certified Technical Analysts® (CeTA) Designation is where it’s at. For financial professionals who are considering this option, obtaining this certification shows potential employers that you have a comprehensive knowledge of technical analysis and could put you ahead of the pack in pursuit of that coveted Wall Street job. If you think a CeTA certification might help you chart your career course and get it trending in the desired direction, read on to find out what the program entails and what you’ll need to do to succeed.
What’s a CeTA?
The CeTA® Program is administered by the The Association of Technical Analysts (ATA, India). It aims to develop a technical analysis as well as professional analytical skills. An additional benefit of the program is that it provides a code of ethics and gives analysts an ethical framework to work within.
Designed as a self-study program, the ATA provides a reading material related to the entire course by book and various study aids. Using textbooks, sample exams, most students are able to grasp the material and progress through the exams.
While there are countless technical analysis training programs available, only the CeTA is designed to provide broad exposure to the classic literature in the field while emphasizing state-of-the-art analytical techniques. Almost every aspect of technical analysis is addressed in the curriculum – chart pattern identification and measurements, common and obscure indicators, Elliott wave theory, Gann angles, point-and-figure charting, candlestick charts and other tools. (For more insight, see Exploring Oscillators and Indicators.)
Why Should You Consider This Program?
If you’re looking to work in a traditional finance job, the CeTA demonstrates accomplishment to potential employers.
CeTA isn’t just for those who want to work as analysts. Potential traders, gain exposure to a wide variety of technical tools, allowing them to learn what fits their trading style and temperament. Even registered representatives can benefit from the CeTA program, because their clients are likely to want technical opinions on stocks and the overall market.
What the Program Requires
To be granted the designation, a candidate must pass two examination levels, complete the membership application process, and agree to the ATA, India’s code of ethics. To register for the CeTA® Program, individuals must the first join the ATA, India as an active-member and then enroll in the CeTA Program. After enrolling in the Program, candidates can then pay and register for their exam. Successful preparation for each exam requires candidates to carefully study the booked issued by the ATA, India.
How Long Does It Take?
The CeTA Program includes twoe exams. The first is the two hours multiple-choice format and the final exam is a grueling three-hour essay exam. Each exam is offered round of the year, meaning applicants can complete the program in as little as three months. However, most take three months to get through the process. The ATA, India recommends allowing at least 40 hours of study time for both level, and many applicants spend considerably more time on the readings and preparation.
Benefits and Job Prospects
While the first CeTA certifications were granted ATA, India in 2008, the program has dramatically increased in popularity.
According to the ATA, India, the CeTA consists of more than 200 market professionals.
The CeTA is the only technical analysis training designed by professionals, for professionals. The program provides the tools investors need to become a technical analyst. Some of the best minds in the industry have completed this certification, demonstrating its value and increasing its recognition. For those serious about technical analysis, this is a program worth considering because it will not only enhance your knowledge – it should also help you make money.