Newly Released CMT Association CMT-Level-II Exam PDF

CMT Level II Exam Questions and Answers

Question 21

What percentage of return should be earned if you have $100 in the capital and sustain a 20% loss to return to the break-even level of $100?

Return 30 percent to the $80 to return to the $100 break-even level

Return 25 percent to the $70 to return to the $100 break-even level

Return 30 percent to the $70 to return to the $100 break-even level

Return 25 percent to the $80 to return to the $100 break-even level

Question 22

In 3-box point and figure charts,

A double-bottom and double top can be continuation patterns

Only a double-bottom can be a continuation pattern

Only a double-top can be a continuation pattern

Neither can be continuation patterns. They do not exist in Point and Figur

Question 23

Tick volume refers to:

the number of contracts traded at each price tick.

the number of contracts traded at each time interval.

the change in open interest during a particular time interval.

the number of recorded price changes during a particular time interval.

Question 24

Which of the following the correct description of the law of percentages in the field of decision making and selection?

A relative loss of 20% can be made back with a relative gain of 20%, but an absolute 20% loss requires a 25% gain to break even

A relative loss of 20% can be made back with a relative gain of 20%, but an absolute 20% loss don't require a 25% gain to break even

A relative loss of 20% can be made back with a relative gain of 20%, but an absolute 10% loss requires a 25% gain to break even

A relative gain of 20% can be made back with a relative loss of 20%, but an absolute 20% loss requires a 25% gain to break even