• Exam Code: CMT-Level-I
  • Exam Name: CMT Level 1 Exam
  • Certification Provider: CMT Association
  • Corresponding Certification:CMT Program
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Instant Download CMT Association : CMT-Level-I Questions & Answers as PDF & Test Engine

CMT-Level-I
  • Exam Code: CMT-Level-I
  • Exam Name: CMT Level 1 Exam
  • Updated: Sep 27, 2026
  • No. of Questions: 409 Questions and Answers
  • Download Limit: Unlimited

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CMT Association CMT-Level-I Exam Syllabus Topics:

SectionWeightObjectives
Ethics and Professional Standards3%- Code of Ethics and Standards of Professional Conduct
Advanced Techniques26%- Statistical and Quantitative Analysis
- Systematic Trading Methods
- Risk Management Basics
- Cross-Asset Analysis
- Volatility Analysis
Theory and History38%- Key Concepts and Terminology
- Behavioral Finance and Market Principles
- Evolution of Technical Analysis
Classical Techniques33%- Technical Indicators
- Trend Analysis
- Chart Types and Construction
- Cycles and Seasonality
- Chart Pattern Analysis

CMT Association CMT Level 1 Sample Questions:

Triangle price patterns should be accompanied by:

  • A. Heavier volume in the direction of the eventual breakout
  • B. A gradual drop-off in volume until the breakout
  • C. No discernible difference in volume until after the breakout occurs
  • D. Active volume within the pattern
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

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Identify the Elliott Wave pattern highlighted below (Chart A-B-C with B exceeding A start):

  • A. Zigzag in a bull market
  • B. Zigzag in a bear market
  • C. Flat in a bear market
  • D. Flat in a bull market
Reveal Solution  Discussion  0

Correct Answer: A  🗳️

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Maggie manages several client portfolios. She utilizes the research of highly skilled analysts in her firm to support her investment decisions. Maggie:

  • A. Violated the CFA Institute Code and Standards because she did not exercise due diligence in making her investment decisions
  • B. Complied with the CFA Institute Code and Standards
  • C. Violated the CFA Institute Code and Standards because she failed to disclose this information to her clients
  • D. Violated the CFA Institute Code and Standards because she was unfamiliar with the processes and procedures used by the analysts to arrive at recommendations
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

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After testing and refining a trading system, further validation should be done using data known as:

  • A. Weekly
  • B. In-sample
  • C. Daily
  • D. Out-of-sample
Reveal Solution  Discussion  0

Correct Answer: D  🗳️

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Gaps normally occur:7374

  • A. Between the close of the market on one day and the close of the next day7778
  • B. Between the open of the market on one day and the open of the next day7980
  • C. Between the close of the market on one day and the open of the next day7576
  • D. Between the high of the market on one day and the open of the next day8182
Reveal Solution  Discussion  0

Correct Answer: C  🗳️

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