How to pass series 57

F

Facepustok

I have previously taken series 56 failed for 1 point I scored 69

now we have series 57 which I'm currently studying book from STC, but seems like I get tired of those confusing questions. I'm a really good trader, and I do very good with blue chip stock, but with a minimum money I have, I can only buy 30 to 50 shares which limits my profit, anyone that has recently taken series 57 please give some good tips.


( my back story) I have blown up multiple accounts before I learned to profit, have lost over 40k in my 25 years of age before i got my momentum of being a good trader, but unfortunately I have no money like $25k minimum to start, also my strategy needs minimum of 500 to 1000 shares at a time to make profit. which stops me from trading currently unless I'm with 5k deposit with prop firm and get my leverage.
 
Facepustok said:
I have previously taken series 56 failed for 1 point I scored 69

now we have series 57 which I'm currently studying book from STC, but seems like I get tired of those confusing questions. I'm a really good trader, and I do very good with blue chip stock, but with a minimum money I have, I can only buy 30 to 50 shares which limits my profit, anyone that has recently taken series 57 please give some good tips.


( my back story) I have blown up multiple accounts before I learned to profit, have lost over 40k in my 25 years of age before i got my momentum of being a good trader, but unfortunately I have no money like $25k minimum to start, also my strategy needs minimum of 500 to 1000 shares at a time to make profit. which stops me from trading currently unless I'm with 5k deposit with prop firm and get my leverage.
More...

Actually just passed the 57 on my second attempt. All i can say is study study study, i ended up just rewriting the stc guide all over the last week before my exam. The firm i joined also provided me with other resources as well.
Prop firms are a great option if you've become consistent and need the leverage, but only after you're consistent. Just keep studying and you'll get it. What worked for me at the test was writing two columns during the test. 1 answers i was sure of and the other for unsure. At the end i still had 6 that i had no clue about. But it didnt matter to me for 6 questions. Hopefully that will help. Just study and take all the prqctice exams stc has. I did all mine 5 times each ave 88% by then and still only got a 78 on the 57exam. Good luck
 
Deuteronomy_24_7 said:
Get a day job till you've saved enough to open a well-capitalized account. Otherwise you'll be trading scared.
More...

Deuteronomy_24_7 is right, I know underfunded people hate hearing this advice but it is true. I was once underfunded myself and I hated being told that I did not have enough money to trade.
 
Thanks Guys! I have actually! passed and I m now making scalping trading and making money each day without a loss. Finally my understanding of the chart worked out, I guess now I'm on the otherside of the Trader.
 
You must log in or register to reply here.
Back
Top