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diplome sanctionnant une connaissance des marchés financiers

par dede6363 » 01 Aoû 2015 13:03

Bonjour à tous,

Je m' excuse par avance mais je ne sais quelle section est la plus appropriée pour ce sujet

Je m'aperçois de jour en jour que mes lacunes concernant l'environnement et le fonctionnement des marchés sont importantes. Cela n'est pas forcément obligatoire pour savoir trader techniquement, mais c'est un plus indéniable

J'ai une licence pluridisciplinaire. Bien que les 2 me plaisaient à l'époque,je me suis ensuite orienté vers un domaine juridique plutôt que vers l'économie
J'ai découvert le trading il y a 4 ans, l'ai laissé germé dans ma tête une année, ai lu beaucoup d'ouvrages d'analyse technique durant 2 ans et le pratique en démo et avec moins de succès en réel depuis 1 an

J'ai une grosse capacité de travail quand je suis mis un peu sous pression. Je me demandais s'il n'était pas plus intelligent de sanctionner ce travail d'apprentissage par un diplôme me permettant ainsi de m’ouvrir d'autres portes professionnellement (on connait l’importance d'avoir un diplôme en France, plus valorisé que l'envie réelle de pratiquer un métier)

J'aimerais savoir s'il existe un diplôme qui sanctionne les connaissances nécessaires aux marchés financiers.
De part ma licence pluridisciplinaire, il semblerait que l'ensemble des masters en économie et finance me soient ouverts. Le problème est que je ne souhaite pas quitter mon travail pour cela et qu'il faut donc que je trouve une formation par correspondance, assez rare malheureusement

Cela me forcerait ainsi à étudier les marchés et leur fonctionnement dans leur ensemble.
Par contre, je ne sais:
- quelle(s) formation(s) sont les mieux adaptées
- si elles existent par correspondance

Je me tourne donc vers vous, peut être certaines personnes présentes sur le forum pourront me renseigner car cette idée me trotte dans la tête depuis un moment et les inscriptions ont lieu en général en septembre

Merci

Re: diplome sanctionnant une connaissance des marchés financ

par layzard » 02 Aoû 2015 00:57

Salut dede6363,

Serait-il possible de préciser vers quel métier tu te dirigerais s'il te plaît afin de permettre une réponse précise ? Dans une salle des marchés, le trader ne représente qu'une minorité quand on fait le ratio traders/nombre de personne en front+middle+back office. Vers quelle voie souhaites-tu te diriger ?
En attendant une réponse plus complète, ce que je peux te dire actuellement c'est que la gestion des risques est un savoir qui est très demandé dans tous les secteurs qui investissent de l'argent. En effet, avec Solvency II et Bale III il est désormais obligatoire pour toutes les institutions qui investissent de l'argent de remettre des rapports détaillés régulièrement à des institutions qui surveillent ça de très près, et si les chiffres concernant les investissements ne leur plaisent pas, ils peuvent te retirer ta licence d'assureur/réassureur, ... Pour être diplômé dans la gestion des risques, une des voies qui est reconnue est l'actuariat.
Il existe des certifications comme le Financial Risk Management certification qui est très reconnue en Angleterre (et sûrement aux USA) .
J'essayerai d'être plus précis si j'ai les connaissances en fonction de ta réponse.
++
layzard

Re: diplome sanctionnant une connaissance des marchés financ

par dede6363 » 02 Aoû 2015 23:31

Merci pour ta réponse layzard
Je pars du principe que j'ai beaucoup de lacunes concernant les connaissances sur l'environnement des marchés
Je souhaite donc parfaire ces connaissances et je me suis dis que s'il était possible d'utiliser cette période d'apprentissage par l'obtention d'un diplôme cela ne serait peut être pas une mauvaise idée
- cela me motiverait pas acquérir ces connaissances car cela aurait un but concret
- cela m'éviterait de partir dans tous les sens car j'aurais un programme défini et suivi à tenir ainsi que des examens à passer
- cela pourrait m'ouvrir d'autres portes professionnellement. Actuellement, j'exerce un métier juridique, c'est intéressant mais les salaires ne sont pas très élevés et les perspectives d'évolution lentes

N'étant pas du milieu de la finance, je ne connais pas vraiment les secteurs porteurs, ni s'il existe des formations à distance donc je ne peux pas donner de domaines précis
J'espère recueillir ici vos avis

Re: diplome sanctionnant une connaissance des marchés financ

par dede6363 » 13 Aoû 2015 22:43

J'ai eu un peu de temps libre aujourd'hui et ai recherché sur google, mais rien ne correspondant à ma demande pour le moment, je ne trouve que des masters 2 voir masters 1 sans possibilité de suivre par correspondance

Re: diplome sanctionnant une connaissance des marchés financ

par chifounou » 14 Aoû 2015 02:50

dede salut
On part du principe que tu acceptes de passer des diplômes anglais ou américains ?
Il en existe beaucoup dont certains compliqués et difficiles à obtenir, mais réputés et reconnus...

Re: diplome sanctionnant une connaissance des marchés financ

par mickatrade » 14 Aoû 2015 03:02

Chifounou, tu fais nuit blanche ?
:D

Re: diplome sanctionnant une connaissance des marchés financ

par chifounou » 14 Aoû 2015 03:14

Spoiler:
;) non j'y vais (bonne nuit)....quoique, j'aime bien écumer :ugeek:


Voila de très bonnes infos de gars qui savent de quoi ils parlent. Je copie-colle les messages en anglais car trop mortel à traduire et autant ne pas dénaturer la teneur synthétique des messages originaux. Bonne lecture
Quelques liens en sus & 3 pièces jointes

Here are my thoughts on obtaining FINRA licenses and other designations with regards to the importance of trading and your overall goal with learning, improving your trading and the potential career outcomes.

The licenses mentioned here of series 3, 7, 9 & 10 are all great in completing however it really comes down to what you're looking to get out of them. The series 3 and 7 are required if you would like to become a broker for clients. The series 3 is commodities/futures brokering specifically while the series 7 plays more into all other asset classes such as stocks, bonds, options, warrants, mutual funds, etc. They do intertwine on a few things but these licenses should only be obtained if you're looking to manage money for other people. For example, you'd like to become a Commodities Trading Advisor (CTA). There are a number of other related licenses you can and most likely need to obtain as well such as the series 63, 65 (or 66), 31, etc. The series 9 and 10 are for those who would like to become a manager of brokers or to have your own firm (even if you aren't managing anyone). These are required for compliance, etc. and require you to already have the series 7.

Having FINRA licenses can be a plus and minus and it really comes down to what you're looking to benefit out of them. If you want to manage other people's money (OPM), this is just a requirement for entry but it comes with a lot of red tape. If you're just looking to expand your knowledge, they can be helpful but there other, better ways to go about this. Additionally, you'll need to be sponsored by a member firm to obtain access to the licenses and must remain with one to keep them active. Starting your own firm can satisfy that as well but that's a different story there.

In addition to the standard licenses mentioned here, there are a number of professional designations one can obtain to truly expand their knowledge of the markets and investment management. Like the licenses, these designations require an educational minimum and industry experience/alignment. Again, it just depends on what you're looking to do with these designations to determine which one's make the most sense if any. The three that come to mind as being the most popular are the Chartered Financial Analyst (CFA), the Chartered Market Technician (CMT) and the Chartered Alternative Investment Analyst (CAIA). These designations can open all kinds of doors for you in your professional career. It just depends on what you're looking to do. All are very informative and extremely difficult to obtain (especially the CFA) and many people look to obtain all of these designations.

The CFA designation is the most recognized and prestigious designation one can obtain in the financial world (in addition to an MBA of course). This designation is renowned for being extremely difficult to obtain because of the level and depth of the curriculum a CFA candidate needs to learn and pass the exams. There are three levels one has to get through to earn the designation and they require hours upon hours of studying. In other words, it's a huge commitment and you'd better be sure this is worth your while. The CFA is very broad in the areas that are covered which range from Ethics, Investment Tools, Asset Classes and Portfolio Management. This designation is basically essential in obtaining if you want to become a portfolio manager or an analyst. As for it's pertinence in day-to-day trading, I don't see there being a massive impact. The CFA covers technical analysis but the focus is traditional portfolio management and long(er) term investing. Once the designation is obtained, you need to remain in the financial field and be aligned with a firm while adhering to their code of ethics, and are "encouraged" to take continuing education, pay your annual dues, etc. So, in summary, the CFA is as good as it gets if you plan to be a fund manager or manage pension assets or become an analyst of some sort. The benefit for the day to day trader is somewhat limited.

The Chartered Market Technician (CMT) is perhaps the most beneficial designation one could obtain with regards to trading. This program like the designation states, is designed to confirm the proficiency one has in technical analysis. The program is designed similar to the CFA by having three levels of learning and is nearly as difficult in obtaining and is growing in recognition and popularity world wide. The knowledge base a CMT candidate needs to learn is very specific and really dives into the basics of TA and builds upon that to very highly technical TA methods. Having this designation will again, open doors for you in the money management world and plays more into the alternative investments side such as hedge funds and managed futures funds. If you don't plan to go through the grueling exams but are still interested in the knowledge obtained from this program, I highly recommend learning the course work anyway.

The last designation I mentioned is the Chartered Alternative Investments Analyst designation (CAIA). This designation is typically used in addition to another designation such as the CFA. The program is to confirm the designee's knowledge in the world of Alternative Investments such as Hedge Funds, Hedge Fund of Funds, Private Equity, Managed Futures and Commodity Pools, Derivatives and Structured Products and of course, Ethics. This program is the easiest to obtain IMO, and is geared for those who are already in the money management field that would like to further enhance their knowledge. There are two levels to the learning process which cover portfolio management, risk management, ethics, due diligence, etc. and really cater to the portfolio/fund manager. This designation although extremely interesting wouldn't be a huge impact if you're looking to just be a trader. If you have ambitions of starting your own hedge fund or looking to join a firm that provides alternative investments to it's clients, then this designation would suit you well. Also, this designation is typically paired with the Certified Investment Management Analyst (CIMA) designation which is very popular with Financial Advisors/Consultants. But that's another story and has very little to do with trading.

But beyond the potential ways to gain expanded knowledge on the markets, trading and investing. The best source of knowledge and experience comes from real life application. I guess the question then becomes, are you better off coming into trading from a previous career as say a middle management executive or a well informed financial professional? I'll choose the later on that one. My experience in the money management world provided a good transition into managing money for my own behalf. It's up to you to decide of course.

http://www.mta.org/eweb/StartPage.aspx
http://www.mta.org/eweb/DynamicPage.aspx?webcode=body-of-knowledge
https://caia.org
http://www.imca.org/main/do/CIMA_Home

Fantastic info, merci!

What about you? Do you have these certs or feel inclined to get them as a personal trader, a "manager of (your own) private hedge fund"? I know you used to manage other people's money, but what about today's goals?


I had the designations which were a great accomplishment at the time but I haven't kept them current. As an independent trader, they are no longer necessary to have as I work for myself vs. a company. I'm done with that world but greatly appreciate the knowledge I obtained when I was there. My goals for trading are far different than what my goals were in the portfolio management world.

I would encourage anyone that is looking to further expand their knowledge to consider any of these designations but would put more weight on the CMT designation with regards to it's usefulness in trading. Also, they require that you are aligned with a firm and have a minimum amount of experience in the investment field. So, it's kind've a tough one there if you aren't in the business. But like I mentioned earlier, the course work alone is worth learning even if you aren't going through with the exams. As for the FINRA licenses, you again would need to be at least sponsored by a financial firm to gain access but could open some doors if you are interested in going down that route. I guess at the end of the day, it just depends on what you're looking to accomplish.


Speaking of course work, do you recommend any specific set of books for this material and exams? Any online courses? Like you said, just studying the material would be beneficial even if you don't take the exam itself officially.


Absolutely, I've attached the current CMT recommended reading list. These books should all be available on Amazon. Additionally, here is a quick reference website for CMT candidates but I believe anyone can access it. There is a ton of information on this site and encourage people interested in the program to read it through.

http://knowledgebase.mta.org

---------

I just want to add the Investment Management Certificate (IMC). It's by the CFA Society of the UK, and, combined with CFA Level I, it gives right to offer investment advice. I wanted to do the CFA a few years back, but, since I never went to university, I didn't meet the requirements. I did work through some of the Schwezer material (CFA Exam Prep for the CFA Exams - Schweser.com), and I found it pretty good.

I also took the prep course from 7city Learning (the same company that delivers the CQF) (Courses - IMC - Investment Management Certificate). It's divided into two parts: Investment Environment and Investment Practice. The latter is pretty interesting. The also offer CFA prep, but I haven't done it yet.

All of this is more for analysts, of course, it's not really relevant to daytrading.

I plan on doing the CQF (Certificate in Quantitative Finance |) next year, it looks pretty interesting.

I also went through some of the CMT/MTA material. I bought some of the DVDs from traderslibrary.com. MTA Educational Seminars - Advanced CMT... -

I've never understood why people waste so much money on different courses from sneaky vendors -- when you can get access to a wide variety of webcasts and videos from the MTA for $300 a year ($75 for students).

That being said, I think most of TA is hogwash, but I have a strange fascination for it.

http://www.schweser.com/cfa/
http://www.7city.co.uk/courses/imc
http://www.cqf.com
http://www.traderslibrary.com/moreinfo.asp?item=4026943&SID=BFXCTGVPTBF3A6C2264882625213CA25&lc=QuickSearch&page=Search+Page+-+Traders%27+Library&refer=search%2Easp%3FSID%3DBFXCTGVPTBF3A6C2264882625213CA25%26pagename%3DSearch+Page+-+Traders%27+Library%26page%3D1%26file%3DFalse%26searchType%3D10%26keywords%3DCMT%26sort%3D%26lc%3DQuickSearch%26submit%3Dyes%234026943

Re: diplome sanctionnant une connaissance des marchés financ

par Benoist Rousseau » 14 Aoû 2015 04:10

Je passe la serie 3 en ce moment. Ce n'est connu qu'aux USA pour trouver du boulot. Juste un bouquin à lire et qcm. Rien de bien sorcier en bossant tu le passes en quelques semaines mois

Re: diplome sanctionnant une connaissance des marchés financ

par dede6363 » 14 Aoû 2015 18:30

Merci pour vos réponses
Je suis une bille en anglais, je me suis arreté au bac
Si je me notais: à l'écrit 5/20, le parler 1/20, le comprendre à l'oral 0/20 :mur:
Je vais donc passer par google trad pour lire ton topic chifounou lol

Pensez vous que le fait de ne pas maitriser l'anglais soit un frein pour le trading?

Re: diplome sanctionnant une connaissance des marchés financ

par Benoist Rousseau » 17 Aoû 2015 12:44

pour trader non, pour trouver un boulot dans le trading oui un frein presque absolu

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