CMT Association CMT-Level-I證照信息 - CMT-Level-I考古題介紹
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>> CMT Association CMT-Level-I證照信息 <<
CMT-Level-I考古題介紹,CMT-Level-I考古題
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最新的 CMT Program CMT-Level-I 免費考試真題 (Q212-Q217):
問題 #212
Identify the candlestick pattern highlighted in the chart (Chart showing a small body with long lower shadow after a decline):
- A. Hanging man
- B. Evening star
- C. Inverted hammer
- D. Hammer
答案:D
解題說明:
Detailed Explanation:
The highlighted candle appears at the bottom of a downtrend. It has a small real body at the top of the range and a long lower shadow (tail). This is a Hammer, a bullish reversal signal.
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問題 #213
The resistance level of a price trend refers to:
- A. The level over the market where selling pressure is sufficiently strong to overcome buying pressure and a price advance is expected to be turned back
- B. The target price indicated by the count
- C. The level under the market where buying interest is sufficiently strong to overcome selling pressure
- D. The boundaries of the trading range of the trend
答案:A
解題說明:
Detailed Explanation:
Resistance is defined as a price level above the current market price where selling interest is strong enough to overcome buying pressure, causing the price advance to halt or reverse. Option A describes support.89
問題 #214
A moving average:
- A. Follows the trend
- B. Lags market action
- C. Is all of the above
- D. Is a smoothing device
答案:C
解題說明:
Detailed Explanation:
Moving averages are trend-following indicators (A). Because they average past data, they mathematically lag the current price (B). Their calculation smooths out volatile noise to show the underlying direction (C). Thus, all of the above are true.
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問題 #215
Dan Montier, a CMT Level 1 candidate, created a proprietary trading model that relies on daily last hour volume of a stock. The exact details of the model weren't disclosed to clients, but the general formulation of the model was disclosed along with simulated results of trading as if the model had been in effect for the past
5 years. The model produced profitable simulated results and Montier was able to attract several clients. His assistant discovered an error in the coding of the model and when the error was corrected the simulated results were not nearly as profitable. Montier corrected the coding of the model, but decided against informing his clients of the error. With respect to the MTA Code of Ethics, Montier's actions are:
- A. Not in violation, as he is only a Level 1 candidate and is not bound by the Code
- B. Not in violation, as the error only affected simulated results
- C. In violation as presenting simulated results of a model are prohibited by the Code
- D. In violation as the statements made about the simulated results were inaccurate and misleading
答案:D
解題說明:
Detailed Explanation:
Even though the initial error might have been honest, the decision not to inform clients once the error was discovered constitutes a violation. Members must not knowingly make any statement that is inaccurate or misleading. By failing to correct the record regarding the simulated returns (which lured the clients in), Montier is maintaining a misleading representation of the model's historical performance2222.
問題 #216
Which of the following is CORRECT regarding the ideal morning star candlestick pattern?
- A. The real bodies of the second and third candles fail to overlap
- B. It contains two candles
- C. The candles are all the same color
- D. The real bodies of the second and third candles overlap
答案:A
解題說明:
Detailed Explanation:
An ideal Morning Star consists of three candles: 1) Long black, 2) Small star (gaps down), 3) Long white (gaps up). In the "ideal" textbook version, the real body of the third candle (white) should gap up and fail to overlap the real body of the second candle (star).
問題 #217
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