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Practice Tests: 85%+; Actual Exam: 56%

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Apr 3, 2006 9:04 pm

For sure one can memorize the answers, but not the theory in Dearborn.

If you review and really focus on the theory you will do better. CCH has a different format with the virtual class. Either way good luck!

Apr 3, 2006 9:23 pm

[quote=Indyone]At any rate, I'm sorry that it didn't work for you...guess that just proves that not every method works for every student.  Next time, go with your instinct and do what seems to work for you.[/quote]

Thanks!

Apr 3, 2006 10:32 pm

[quote=anabuhabkuss]

I’m thoroughly dissapointed as everyone who

knows me knows how much I wanted this license.

[/quote]



My advice: Take it as an omen and move on. Often times, what starts bad,

ends worse.
Apr 3, 2006 10:38 pm

hey no offense, but that is the biggest steaming pile of BS that I have probably ever heard of. It was probably taught to you by a daddy who slapped you everytime you made a mistake.

But, I am glad to hear that you've never had a client reject your business. Because if you had, well, omen and all right?

Apr 3, 2006 10:53 pm

Anytime somebody tells you what they got, subtract 10 to 15 percent.

"I got 90" actually means "I got 78."  It's human nature to want to brag

Put!!!   It is you.   I got a 91% on my Series 7. Over 90% in 4 of the categories and the lowest being 66 to 70% in the Order Entry section, the rest at the 76 to 85% range. 

Want me to fax a copy of my test scores to you?    Hee Hee

I'm studying for the series 66 right now and I agree with the OP that you need to do it the old fashioned way.  Read the book and understand the reasoning and theory before you take the practice exams.  I do not expect to do as well on this test as the stuff (security law) is so incredibly boring I can hardly read a sentence without wandering off in my mind.

Apr 3, 2006 11:19 pm

A rule of thumb that will stand you in good stead is this.

If a girl says she got more than 90% on her Series 7 don't suggest she's anything other than world-class smart, obviously very attractive, and probably a great kisser.

Apr 3, 2006 11:55 pm

Hey anabuhabkuss,

There's an unofficial theory that the worse you score on the test, the better you'll be in sales. I've heard that theory for nearly 15 years. Not if, but WHEN you pass next time, you should have a great career ahead of you. 

I like your attitude about not giving up. It will serve you well in this business! You'll need it to succeed. Good luck! 

Apr 4, 2006 12:00 am

[quote=doberman]

Hey anabuhabkuss,

There's an unofficial theory that the worse you score on the test, the better you'll be in sales. I've heard that theory for nearly 15 years. Not if, but WHEN you pass next time, you should have a great career ahead of you. 

I like your attitude about not giving up. It will serve you well in this business! You'll need it to succeed. Good luck! 

[/quote]

Take cpafp, for example. He can pass a test but he can't succeed in business.

Apr 4, 2006 10:02 am

[quote=anabuhabkuss]

It was probably taught to you by a daddy who

slapped you everytime you made a mistake.

[/quote]



My daddy never needed to slap me, since I never “flunked” a test.
Apr 4, 2006 1:08 pm

[quote=Big Easy Flood][quote=joedabrkr]

I passed the test with a 92, and followed the methodology that was suggested to you.  However, here is what may NOT have been pointed out to you......when you take a practice exam go through your results and analyze them.  Pay particular attention to whether or not you are missing questions that pertain to certain key areas such as muni's and options.  Too, when you get a question wrong, go back to the book as a reference and figure out WHY you got the question wrong.  You don't need to worry about the questions you answered correctly, you're fine on those concepts.

Good luck.

[/quote]

It is crazy to think that just because you answered a question correctly on a practice quiz that you have the subject down and are "fine on those concepts."

You may have guessed correclty or you may have gotten it right for reasons that were not correct, or work only on that particular scenario.

For those who are reading this but still studying.  There are entire months that go by when nobody anywhere in the country scores in excess of 90%.

The average passing score hovers around 75%.

Anytime somebody tells you what they got, subtract 10 to 15 percent.

"I got 90" actually means "I got 78."  It's human nature to want to brag.

[/quote]

Yes that tendency exists amongst many, but not I.  I do not need to brag, for I truly scored a 92.  I studied extremely hard, every spare minute I had until the day of the test.
Apr 4, 2006 1:14 pm

[quote=Big Easy Flood]

[quote=RR352]

I scored a 93, and I have the paper to prove it, another guy I took it with got a 96, another broker I worked with got a 96, a friend of mine just got a 94 on it last week.  So I am not sure what months you are talking about.

[/quote]

As I said, when somebody says that they got a 93 somebody who has been around awhile will think, "Yep, and I'm the King of England."

Yes there are people who score in the 90s, but they are not as common as one would believe if they listened to what they hear.

New York is teeming with people who were in the World Trade Center when the planes hit and they barely made it out.

Frankly, as a New Yorker who had many friends there(including one who never came home) I find your usage of this analogy HIGHLY offensive in this context.  Then again, Put Trader, I'd expext nothing less from you.

When Hank Aaron broke Babe Ruth's home run record there were about 35,000 fans in the stadium  Today there are at least a million people who will swear on a bible that they were there.

And yes I do believe that there are stretches of time when nobody in the country scores in excess of 90% on Series 7.  Not often, but it does happen.

So far you have given us NO REASON WHATSOVER TO CARE WHAT YOU BELIEVE.

Don't tempt me or I'll tell youj about the time I got it on with Demi Moore, or was it Courtney Cox?  Really, I promise you it's true.

No, thank you.  Spare us please.  Oh and by the way, I know what my scores were.  I'm not so insecure as to need your validation.  I suspect others feel that way too.

[/quote]
Apr 4, 2006 1:27 pm

I would think that many people could score in the 90's. 

However, it doesn't make sense to spend too much time studying since a higher score doesn't mean more income or make one a better advisor.

I scored in the mid 80's and I wouldn't know an option if one kissed me.  I did not have the time to read the material.  I decided to study options last and I never even took a practice exam involving them.  On the test, I couldn't even eliminate an answer.

Anyway, if I could score in the 80's without reading and knowing nothing about options, plenty of people could score in the 90's.

P.S. I think my success was partially caused by taking practice exams from more than one source.

Apr 4, 2006 1:43 pm

[quote=joedabrkr]

Frankly, as a New Yorker who had many friends there(including one who never came home) I find your usage of this analogy HIGHLY offensive in this context.  Then again, Put Trader, I'd expext nothing less from you.

[/quote]

Stop whining.  My point is that as time goes by people tend to adopt stories that are not true as if they were.  People who were not in the WTC start to claim they were, people who scored 78 on an exam start to claim it was 92, and people with $20 million AUM begin to discuss their $75 million AUM.

[quote=joedabrkr]

No, thank you.  Spare us please.  Oh and by the way, I know what my scores were.  I'm not so insecure as to need your validation.  I suspect others feel that way too.

[/quote]

My validation?  Where did you come up with the idea that I am validating anything?  In fact what I am doing is suggesting that the vast majority of people who claim something or other are inflating it.

People lie all the time about things that are difficult to verify.  Among the most common lies told by adults are lies surrounding how much they earn, how much education they have acquired and/or how well they did in school.

It is so common that entire books are written about why people lie.

Given that reality why in the world would such lying not extend to this forum?

Apr 4, 2006 1:51 pm

[quote=anonymous]

I would think that many people could score in the 90's. 

However, it doesn't make sense to spend too much time studying since a higher score doesn't mean more income or make one a better advisor.

I scored in the mid 80's and I wouldn't know an option if one kissed me.  I did not have the time to read the material.  I decided to study options last and I never even took a practice exam involving them.  On the test, I couldn't even eliminate an answer.

Anyway, if I could score in the 80's without reading and knowing nothing about options, plenty of people could score in the 90's.

P.S. I think my success was partially caused by taking practice exams from more than one source.

[/quote]

There is a lie. From start to finish it is a lie.  This guy probably scored 70 on his second attempt.

Who's to know?  How do you verify it?

Well, you use common sense.  Starting with the FACT that everybody who studies for the Series 7 is scared to death of options.  Every advisors warns that options are the most difficult component of the exam.

With that reality does it make sense that somebody would go take the exam without even looking at options?  Does that really make sense to you?

Then there is the idiotic idea that somebody who is taking a test some how magically knows when they have done "Just enough to pass."

Finally I ask, where does self respect come in?  What kind of a person is proud of how little effort they put forth?  Somebody whose life theme is, "You think you screwed off?  Let me tell you how much I screwed off!" is destined for career failure.

Apr 4, 2006 2:26 pm

Since options were the hardest part and I knew that I had very little time to study, I decided that I would study them last.  It turned out that I never had time to study them. 

I had two choices.  1)Take the exam without knowing options or 2)Delay taking the exam.  Since the worst case scenario was simply that I would fail the exam and have to take it over, I decided I might as well just take it.  I thought that I had about a 50/50 chance of passing the exam.

I know that I got less than 50% on the options section, and I would assume that I got about 25% since I wasn't even able to eliminate any answers.  This means that I got over 90% on the rest of the test.

Self respect does not come into the equation.  There are only so many hours in a day.  Every hour spent studying for a test is an hour that I'm not with my family or not helping my clients.

There was absolutely nothing that I picked up from studying for the exam that helped me become a better planner for my clients.

There is absolutely no reason to think that a good test taker who properly studies would not have a reasonable exectation of scoring in the 90's. 

From your posts, it simply sounds as if you don't think that it can be done because you couldn't do it.  Possibly, you did score in the 90's, but you don't think others can do it because you have a need to feel that you are smarter than the rest of us.

P.S. If I studied for the same amount of time and did study options I think that my score would still have been the same because I would have studied the other sections less.

Apr 4, 2006 3:27 pm

[quote=anonymous]

Since options were the hardest part and I knew that I had very little time to study, I decided that I would study them last.  It turned out that I never had time to study them. 

I had two choices.  1)Take the exam without knowing options or 2)Delay taking the exam.  Since the worst case scenario was simply that I would fail the exam and have to take it over, I decided I might as well just take it.  I thought that I had about a 50/50 chance of passing the exam.

I know that I got less than 50% on the options section, and I would assume that I got about 25% since I wasn't even able to eliminate any answers.  This means that I got over 90% on the rest of the test.

Self respect does not come into the equation.  There are only so many hours in a day.  Every hour spent studying for a test is an hour that I'm not with my family or not helping my clients.

There was absolutely nothing that I picked up from studying for the exam that helped me become a better planner for my clients.

There is absolutely no reason to think that a good test taker who properly studies would not have a reasonable exectation of scoring in the 90's. 

From your posts, it simply sounds as if you don't think that it can be done because you couldn't do it.  Possibly, you did score in the 90's, but you don't think others can do it because you have a need to feel that you are smarter than the rest of us.

P.S. If I studied for the same amount of time and did study options I think that my score would still have been the same because I would have studied the other sections less.

[/quote]

If you worked for me I'd fire you in a heartbeat for being a liar.

Additionally, you will not make it in the business.  Those who won't even bother to study for a qualification exam don't have the work ethic it takes to make it in the long run.

Better practice saying, "You look very nice in that suit, sir.  May I suggest a tie or two?"

Apr 4, 2006 3:38 pm

[quote=anonymous]

P.S. If I studied for the same amount of time and did study options I think that my score would still have been the same because I would have studied the other sections less.

[/quote]

Something for those who are planning to take the Series 7 exam some day.

It is moronic to conclude that you have a chance in hell of passing if you blow off options or bonds.

It is true that there are not enough questions to fail if you score exceptionally well on the rest of the test, but there are forty of them and that's a lot.

That means that about 1 out of every 5 questions you see is going to be "Greek" to you.  It defies logic to think that anybody who is experiencing that much negative input is going to be able to maintain their confidence for the rest of the test.

What this joker is saying is that he was playing Russian Roulette with a five chamber pistol but that he was so confident that he scored in excess of 90% on everything except options.

Does that make sense to you, really make sense to you?

If somebody told you that options are the hardest part of the test would you intentionally not study them?

Does that make sense to you, really make sense to you?

Apr 4, 2006 3:57 pm

Put, welcome back!  

Thanks for setting me straight.  I thought I was an honest, hard working, successful business owner who always put my family and clients first.

Now, I know better. 

Please give me some job hunting tips.

Apr 4, 2006 4:05 pm

I actually agree that it is moronic to blow off studying options.   I would never recommend that anyone do what I did. 

I told you that I felt like I only had a 50/50 chance of passing.  Fortuanately, the exam was easier than I expected.

If I had more time, I would have certainly studied options and then I would have been one of those liars that scored in the 90's.

Confidence or lack thereof has little to no bearing on whether you answer a multiple choice question correctly.

Apr 4, 2006 4:12 pm

[quote=Big Easy Flood][quote=joedabrkr]

Frankly, as a New Yorker who had many friends there(including one who never came home) I find your usage of this analogy HIGHLY offensive in this context.  Then again, Put Trader, I'd expext nothing less from you.

[/quote]

Stop whining.  My point is that as time goes by people tend to adopt stories that are not true as if they were.  People who were not in the WTC start to claim they were, people who scored 78 on an exam start to claim it was 92, and people with $20 million AUM begin to discuss their $75 million AUM.

[quote=joedabrkr]

No, thank you.  Spare us please.  Oh and by the way, I know what my scores were.  I'm not so insecure as to need your validation.  I suspect others feel that way too.

[/quote]

My validation?  Where did you come up with the idea that I am validating anything?  In fact what I am doing is suggesting that the vast majority of people who claim something or other are inflating it.

People lie all the time about things that are difficult to verify.  Among the most common lies told by adults are lies surrounding how much they earn, how much education they have acquired and/or how well they did in school.

It is so common that entire books are written about why people lie.

Given that reality why in the world would such lying not extend to this forum?

[/quote]

Put you seem to be the only one who thinks I am whining on this board.

Yes lying and twisting the truth and bragging are, to a certain extent human nature.  I am oh so thankful we have you here to be our bright beacon of truth and arbiter of all wisdom! 

Wow....last time it took a couple of months for me to get tired of your arrogant puffery.  This time it is happening much faster.......