Passing Series 66

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Aug 4, 2006 11:24 pm

i need help with passing the series 66!! i took this test TWICE already and failed both times with a 67. i studied my butt off both times, reading the book over, doing ALL practice exams (scoring in the 80's and 90s the first round and scoring 93-100 the second time to prepare for my exams) & even did the virtual online course by STC. i felt like the real exam was much harder than the practice exams. i had a hard time with some of the questions because they had grammer problems/or the question wasn't completely written out. i don't understand how to pass this test...maybe i need to purchase other kinds of study aids. any advice??? i can't believe i passed the 7 with an 80 and failed the 66 everyone in my sponsorship passed the 66 and failed the 7 but me. =X i studied equally hard for both exams!!!


any advice on study aids, study habits & ways to take the real exam please let me know!!!

Aug 4, 2006 11:26 pm

oh and by the way i used the STC study manual & online practice exams for all my licenses. the practice tests online were much easier since there wasn't a "best answer" between the 3-4 questions like on the real exam.  

Aug 5, 2006 6:31 am

I have always found it helpful to study from one set of materials, but take practice exams from somewhere else.  For example, study using STC, but take practice exams from Dearborn.  You'll do much worse on your practice exams this way, but you will be better prepared for the exam.

Aug 5, 2006 9:47 am

Don't feel bad, slkgirl.  Sometimes passing a test is the luck of the draw.  Often people pass exams who should've failed, and vice versa.  For example ... I've heard people brag about not studying and passing exams with a 70 or 71.  That's called "luck".  Keep trying.  I'm sure you'll pass the next time. 


Aug 5, 2006 9:53 am
slkgirl:

i need help with passing the series 66!! i took this test TWICE already and failed both times with a 67. i studied my butt off both times, reading the book over, doing ALL practice exams (scoring in the 80's and 90s the first round and scoring 93-100 the second time to prepare for my exams) & even did the virtual online course by STC. i felt like the real exam was much harder than the practice exams. i had a hard time with some of the questions because they had grammer problems/or the question wasn't completely written out. i don't understand how to pass this test...maybe i need to purchase other kinds of study aids. any advice??? i can't believe i passed the 7 with an 80 and failed the 66 everyone in my sponsorship passed the 66 and failed the 7 but me. =X i studied equally hard for both exams!!!


any advice on study aids, study habits & ways to take the real exam please let me know!!!



I'm aware of several thousand people who have taken Series 66 and how they did it.


I have never known anybody who didn't know that you're supposed to capitalize the first word of a sentence to every pass--basic stupidity eventually takes its toll.

Aug 5, 2006 10:51 am

I'm not an idiot, I was just too depressed from failing to capitalize the first letter of each sentance. Please don't comment if you're just here to bash on people and be rude.

Aug 5, 2006 10:54 am

karina234,


Thank you for the words of encouragement. The guy at the testing center said it was probably just bad luck. I think you're partially right about "the luck of the draw" because lots of people failed yesterday at the testing center. I guess I just need to order other practice exams from different venders as STC's practice exams aren't so great.


I'm just a bad test taker. I better pass my third try, assuming the company allows me to do it. If not, then I don't know what I'm going to do.

Aug 5, 2006 10:59 am
Aug 5, 2006 11:12 am

I know many who have passed on the first try.

Passing the 66 is the LUCK OF THE DRAW?!???

That's an insult to our industry.  What self-serving B.S.  "Oh I didn't pass the test(because I didn't study enough) so I'll make myself feel better by saying it's the luck of the draw."

I know I'm going to sound like Newbie here, but that is just a symptom of the lack of personal responsibility that is a major problem in our society today....

Aug 5, 2006 11:32 am

In my office it seems that if you passed the S. 7 then you fail the S. 66 and vice versa. I thought the S. 66 was much harder than the S. 7 because of the wording, it was just tricky and hard to follow. I was just asking people if they know any study aids that are good for preparing for the S. 66. I used STC and the practice exams were a breeze, I need ones that are tricky and hard like the actual exam. It was hard for me to figure out the MOST correct answer for each question asked. I don't think you have that problem on the S. 7, you just have to know how to do the problems, etc.


STC gives a whole bunch of practice exams, about 60 for the S. 7 and only about 20 for the S.66. The problem with the practice exams for S. 66 is that most of the questions repeated or the question/answer was the same but the names of the people changed. Any suggestions on which one practice exams I should purchase?

Aug 5, 2006 1:41 pm

I know which study course gave us an almost immediate improvement in the passing ratios.

Aug 5, 2006 2:49 pm
NASD Newbie:

I know which study course gave us an almost immediate improvement in the passing ratios.



I do too...it's called "Knowing What You're Talking About".  Are you familiar with it Putsy?

Aug 5, 2006 3:20 pm

NASD Newbie,


Which vender did you guys use? I've heard good things about Dearborn.


Why is everyone always insulting one another? Is this how it is once you're in the industry?

Aug 5, 2006 3:29 pm

I would try different study guide next time. Here are a few


www.securitiesexam.com


www.kaplanfincial.com


www.aitraining.com


Aug 5, 2006 3:31 pm

Here is the one for kaplan


http://www.kaplanfinancial.com/kfs/Securities-Licensing/secl icproduct_list.asp?Family_id=82&Family_name=Series+66&a mp;Super_family_name=Registered+Representatives&Rep_fami ly_id=82&Princ_family_id=

Aug 5, 2006 3:36 pm
slkgirl:

NASD Newbie,


Which vender did you guys use? I've heard good things about Dearborn.


Why is everyone always insulting one another? Is this how it is once you're in the industry?



Beacuse NASD Newbie was only 'in the industry' for six short years, and doesn't really know anything about life in the trenches.  His daddy had connections, got him into management when he couldn't cut it in production.


Take whatever he says with a HUGE grain of salt.

Aug 5, 2006 3:50 pm

When Series 66 first came out we had dozens of failures in a row, then we tried a different vendor and the situation turned around.


We'll never know for sure because when somebody reads another set of books they'll always swear that the second set was better than the first.  That is probably because it's the second time they've read about those topics, so they were familiar to begin with.


I took it several times intentionally failing it so I could take it again.  On the first try I thought my score was going to be in the mid 60s--it was actually in the low 50s.


The test is much more difficult than anybody anticipates.


Aug 5, 2006 4:32 pm

Newbie,


Were you being sponsored by a company while you were testing for the Series 66? I heard that some companies won't let you retake a test under their sponsorship if you fail too many times. What a pain in the butt to wait 30 days to retake it!!!


How many times did you take it before you passed it?

Aug 5, 2006 5:02 pm
slkgirl:

Newbie,


Were you being sponsored by a company while you were testing for the Series 66? I heard that some companies won't let you retake a test under their sponsorship if you fail too many times. What a pain in the butt to wait 30 days to retake it!!!


How many times did you take it before you passed it?



Eleven.  But since I was the Training Director's boss I wasn't fired.  Lots of HR type people fail those tests on purpose.

Aug 5, 2006 5:35 pm

I failed mine today as well. I failed both the 7 and now this once. I got a 68 on it which is really killing my weekend. I knew about a ha;f a week ago I should have put it off for another week.


oh well, I honestly thought I was going to pass it. I do not think my test in particular was that difficult. I was actually surpirsed on how very little USA stuff was in it. I messed up on unethical behavior and punishment etc.