CMT vs CFT

Discussion in 'Educational Resources' started by sebastien, Dec 5, 2006.

  1. sebastien

    sebastien

    Hi all,
    I have been using TA for personal trading over the past couple of years, but only as an amateur. Now, I am considering moving a bity into the professional world by earning a TA degree. After browsing, I found out two competing designations which I think (and pls correct me if I am wrong), are the most prestigious and demanded certificates, namely; CMT and CFT. However, the former srtictly requires years of work experience and sponsorship from previous members, making it difficult for a person like myself to fulfil such requirements. Ques is, is the CFT designation a much lower regarded certificate in the professional world, since it has no work/sponsorship requirements? or is the CFT equivalent to the CMT?

    Thanks in advance for your help.
     
  2. NAASH

    NAASH

    up!!!!
     
  3. My first suggestion would be not to "earn a TA agree." TA is mostly useless, and a degree in it is bizarre.
    Learn how to trade.

    Besides, positions as professional traders are likely to dry up as algorithmic trading ramps up the next few years.