Is their any age requirement for the Series-7 exam?
-FastTrader
-FastTrader
Can anyone give some tips on Series 7 exam?
- Thread starter Bluedog
- Start date
good thread.. i'm interested as well.
In following the above advice - and
AFTER you've read EACH chapter -
you can also highlight the
correct answers to the questions
at the end of the chapters.
Now you are reviewing each question
and only the correct answer.
When not at a computer to use the
diskette question review, this book
read-answer-only technique
is virtually the same as practicing
with the diskettes.
Remember, f__l is a four letter word.
Leave it out of your vocabulary, period.
It will help you immeasurably when trading.
Most traders who didn't pass the Series 7
the first time admit that they really didn't
spend the hours necessary to get it all down.
And, as Don & Bob Bright say, although this
exam has nothing to do with trading per se,
passing the Series 7 is just the first test of
the mettle of a new trader's discipline....
Good luck!
AFTER you've read EACH chapter -
you can also highlight the
correct answers to the questions
at the end of the chapters.
Now you are reviewing each question
and only the correct answer.
When not at a computer to use the
diskette question review, this book
read-answer-only technique
is virtually the same as practicing
with the diskettes.
Remember, f__l is a four letter word.
Leave it out of your vocabulary, period.
It will help you immeasurably when trading.
Most traders who didn't pass the Series 7
the first time admit that they really didn't
spend the hours necessary to get it all down.
And, as Don & Bob Bright say, although this
exam has nothing to do with trading per se,
passing the Series 7 is just the first test of
the mettle of a new trader's discipline....
Good luck!
Thanks.
-FastTrader
In that situation - say, for Options -
keep your thumb on the short answer
explanations at the end of the manual
chapter or exam books as you review
your highlighted question-answers
or the diskettes.
That way you stay in the question-answer-
explanation mode without having to search
back in the chapter to re-read. Or worse,
go on to the next question all steamed
and no satisfaction....
And, mix it up a little...
Read your PASS PERFECT Glossary
or Quick 7 pocket-book on some days
to help "see" it all from a different angle.
Isn't one of the prior post suggestions/
admonitions to know definitions, anyway...?
Except for a little tweakin' here and there,
and maybe a few whacks upside the head,
you already appear to be on track, Bluedog...!
keep your thumb on the short answer
explanations at the end of the manual
chapter or exam books as you review
your highlighted question-answers
or the diskettes.
That way you stay in the question-answer-
explanation mode without having to search
back in the chapter to re-read. Or worse,
go on to the next question all steamed
and no satisfaction....
And, mix it up a little...
Read your PASS PERFECT Glossary
or Quick 7 pocket-book on some days
to help "see" it all from a different angle.
Isn't one of the prior post suggestions/
admonitions to know definitions, anyway...?
Except for a little tweakin' here and there,
and maybe a few whacks upside the head,
you already appear to be on track, Bluedog...!
Learn from the practice tests. Make sure u read whatever book u get tho... I used STC... passed it easily. I think I studied... a full 3-4 days. 80%. 1 shot.
250 questions in 6 hours is plenty. I finished the whole thing in about 3 hours. 1:15 for the first half... 30 minute break.. 1:15 for the next half. Plenty. If you know the answer... you'll know it when you read it. The only questions u might have to spend time on is calculating the dates.... margin requirement stuff... and options p/l. Other than that, you'll either know them, or u don't. Wasting your time staring at a question justs wastes your time, and possibly make you forget other things! So if you dont know! Guess, and move on!.
Focus on the options and municipals! I also agree with the other post.... know the definitions. They help! Also, don't get too stressed out about it. THink of it this way. Stock brokers.... the cold calling, most pathetic scum, of the financial industry... all passed the s7. So how hard can it be right?
xbrxx
250 questions in 6 hours is plenty. I finished the whole thing in about 3 hours. 1:15 for the first half... 30 minute break.. 1:15 for the next half. Plenty. If you know the answer... you'll know it when you read it. The only questions u might have to spend time on is calculating the dates.... margin requirement stuff... and options p/l. Other than that, you'll either know them, or u don't. Wasting your time staring at a question justs wastes your time, and possibly make you forget other things! So if you dont know! Guess, and move on!.
Focus on the options and municipals! I also agree with the other post.... know the definitions. They help! Also, don't get too stressed out about it. THink of it this way. Stock brokers.... the cold calling, most pathetic scum, of the financial industry... all passed the s7. So how hard can it be right?
xbrxx
Quote from Bluedog:
I was wondering if those who have studied and passed the S7 exam could give me some tips?
How many hours on average did you have to study? Which chapters should I pay more attention to? Which ones aren't that important? Is 6 hours enough time to answer 250 questions? What is allowed to bring to the test such as a calculator etc..
I can not believe they have squeezed soooo much material into one test!
I appreciate any information/tips! TIA
I know a few guys that took a class that prep. them for the test...If i had to take it again i would look into the class ....it really helped them
good luck
m