Series 7 again

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Jul 2, 2008 12:27 am

Well i guess some may call me lucky but i work for myself and am independent. I've got the usual 120 days to pass my 7. Right now im taking the greico series 7 class. The next 120 days i have all day to study and nothing else to do. How would you best split your study time with this situation? Right now im reading through the material casually as there outline say's before i start the class and i figure i'll study on the notes i take and reread the chapters thoroughly before each class and just pound away at only exams after the classes end? Is this a good strategy? I remind you i have all the time i need.. no work, no school, no obligations

Any suggestion? Thanks



 

Jul 2, 2008 1:22 am

Ice has some great tips!  It's essentially what I did as well. 

I do want to stress the practice tests!  (Get software if at all possible).  This lets your run through thousands of practice questions very quickly.  Go through a few practice exams casually, to get a sense of the exam. 

Then, get serious.  When you miss a question, write it down in a journal.  Review these questions after the test, review them every morning, make a log of everything you're not familiar with. 

Test 1:
Missed question1: Corporate bonds are calculated with 360 day years..
Missed question2: blah blah blah blah......

When you get to test 10 or so, you shouldn't have to write down very much, as you'll have basically memorized all those previously missed questions! 

Jul 2, 2008 8:27 pm

Yeah i definitely need to keep a question journal and notes during reading.. they school said ur suppose to read casually, although i dont think this is a casual exam lol

Jul 3, 2008 4:09 am

Just curious, are you currently indie with a series 6? What exactly are you doing now? Anyway, here's what I did:



-Read dearborn book 3 times, rigid first 2 and browsing difficult topics last time.

-Read option and muni bond chapter several times in isolation. These two topics will greatly impact your result.

-Listened to CD set available at www.passthe7.com. (Good supplement but not to be used alone.)

-Do Dearborn practice tests (all 4 paper exams + computer) and also those available at investopedia.com for variety.



My results were as follows:



1st paper test after 1 read straight through book: 58

2nd paper test after 2nd read: 68

3rd paper test after 3rd read 72

4th paper test after selected readings 78

Computer tests: varied scores in high 70s to high 80s

Actual test score: 90