What do examiners look for in the Part 2 paper?
In general, at this advanced level examiners look not only for knowledge but also for the application of that knowledge – for reasoning, for conclusions, and for advice to investors when required.
The answer to SECTION 1 (Question 1) should show a high standard in chart analysis and a written report (as if for a client) based on that analysis. There is some flexibility here: candidates wishing to avoid writing large amounts of text may consider using summary bullet points within the written report. They may also express some of their opinions on the actual charts, alongside their other chart annotations.
Chart annotations combined with a written report meeting all requirements of the question can earn up to 50 points. Up to another 10 points can be gained for a clear and professional structure to the report.*
For the SECTION 2 and SECTION 3 answers candidates can gain up to half their marks by demonstrating knowledge. An ability to reason and apply/interpret is needed to achieve higher marks, however.
*To pass the exam, a minimum mark of 35/60 for the compulsory Question 1 is required as well as 60/100 for the paper overall.
The views and opinions expressed on the STA’s blog do not necessarily represent those of the Society of Technical Analysts (the “STA”), or of any officer, director or member of the STA. The STA makes no representations as to the accuracy, completeness, or reliability of any information on the blog or found by following any link on blog, and none of the STA, STA Administrative Services or any current or past executive board members are liable for any errors, omissions, or delays in this information or any losses, injuries, or damages arising from its display or use. None of the information on the STA’s blog constitutes investment advice.
Latest Posts
- The High-Performance Trader Learning Programme: Elevating Trading Excellence December 13, 2024
- Developments in Technical Analysis: Incremental improvements November 27, 2024
- Seasonality, Cyclicals and Statistics: Probability rules! November 13, 2024
- Atlas of Finance: Mapping the Global Story of Money November 5, 2024
- Have Central Banks tamed inflation? Or are they to blame for the whole fiasco? October 23, 2024
Latest Comments