APTA Code of
Ethics
APTA Code of
Ethics
The Technical Analyst must maintain at all times the highest standards of professional conduct.
Implicit in the requirement is strict compliance with the laws of the national, state and local governments which have jurisdiction over the analysts' professional activities.
The analyst shall also
obey the regulations of his/her local exchanges and/or local
regulatory authorities.
The analyst shall not make statements which he/she knows, or has
reason to believe, are inaccurate or misleading.
He/she shall, in
particular, be careful to avoid leading an audience to believe that
his/her technically-derived views of future market price behavior
reflect foreknowledge rather than estimate and projections subject
to re-examinations and, as circumstances may dictate, to
change.
The analyst shall not make statements concerning the current
technical position of the a market of any of its components or any
of its aspects unless he/she can demonstrate that such statements
are reasonable and consistent in light of the available evidence
and the accumulated knowledge in the field of Technical
Analysis.
New developements in Technical Analysis as well as modifications of existing techniques or concepts should be fully documented as to procedure and rationale.
