Over several Board Meetings, the National Board set out to agree on Mission and Vision statements for the Association. At each subsequent Board Meeting, the Mission and Vision statements have been reviewed and endorsed. Mission and Vision statements are used by many organisations to encapsulate the "driving forces" of an organisation. The Mission and Vision statements set out to be inspiring!
For the ATAA, the statements are designed to guide:
The Board agreed and adopted the following Mission Statement:
"To assist our members through mutual support, guidance and the sharing of knowledge to develop their confidence and proficiency in understanding and participating in financial markets by the application of Technical Analysis and related trading and investing skills."
The associated Vision Statement sets out the desired future state of our Association. Given the reach of the Internet, it is purposely vague on geographic reach.
"We aim to be the foremost organisation for the advancement of and education in Technical Analysis and related trading and investing skills."
The National Board, in a past resolution, adopted the IFTA Code of Ethics as the ATAA Code of Ethics. The ATAA is affiliated with the International Federation of Technical Analysts (IFTA), which helps members keep abreast of international markets and techniques. All ATAA members are therefore colleagues of IFTA and subscribe to the IFTA Code of Ethics.
The Technical Analyst (ATAA Member and IFTA Colleague) 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 analyst's 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 behaviour 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 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 developments in technical analysis, as well as modifications of existing techniques or concepts, should be fully documented as to procedure and rationale.
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