STC and Series 7

I would be worried with a 40.  You need to learn the whole study book, then work through each practice exam in study mode.  There will always be about 10% of the questions that don’t seem like they were directly taught, but by the time you get to Exan number 7 I think 80% of the questions are either in the study book or discussed in the answers of the previous exams.  Closing your eyes you should get a 25% right?  40 is way to low. 

I used the passperfect book and also the barrons study guide. I felt that the barrons gave me a good overview and passperfect really brought home the little details. maybe stc is not written in a good language for you to understand.

I agree with Cmoney. I would add to put down the book and take as many PassPerfect tests you can and then take some more until you throw up. I woke up at 5:30am the day of the exam and took practice tests to get me in the mindset.

Ok I’m a starting to bug out now.  I am taking my test on Sept. 1st and I have been studying for 8 weeks, took a class and have been doing the tests over and over again.  Writing down the answers I have been getting wrong and the explanation behind them and I’m still only scoring in mid to high 60's.  What do I do?  Any advice please share. 

Keep doing what you are doing and pray that you get a 70 (or better) on September 1st.

Beach,

What study material are you using? I used Dearborn for the S7 and just did the exams over and over till the material was assimilated. I was surprised by the number of questions on the real test that were identical to the Dearborn exam questions. Good luck.

I am using STC tests.  Anyone know how close they are to the real test?

Beach,

Do a search on your topic and see what you come up with.

Questions Questions Questions take at least 200 of them per day.  Most of the practice test questions are very similiar to the actual series 7 questions.

[quote=Beach]

Ok I’m a starting to bug out now.  I am taking my test on Sept. 1st and I have been studying for 8 weeks, took a class and have been doing the tests over and over again.  Writing down the answers I have been getting wrong and the explanation behind them and I’m still only scoring in mid to high 60's.  What do I do?  Any advice please share. 

[/quote]

Repeat 25 times daily:  "Thank you sir, would you like some fries or an apple pie with that?"

ok to give you all an update, i went home last night and rewrote my notes from the class i took, 3 times.  This morning and afternoon i took 2 tests that were closed book and i scored a 74 and an 86.  So i think i am going to do that tonight again and tomorrow, then i should be ready for the 1st. 

Go for it Beach. Just keep taking the tests until your eyes cross.

Beach

Good Luck!!!!

Good Luck.  Study the answers that you got wrong and understand why you got them wrong.

Beach

make sure you report how ya did? 

Failed and fired.  Guess it wasn’t in the cards. 

[quote=Beach]Failed and fired.  Guess it wasn't in the cards. [/quote]

That sucks.  Sorry dude.

Beach,

I'm so sorry. That really bites.

sorry to hear that!  Are you giving up or are you going to take it again?  Lots of people flunk the first time

that is tough Beach. 

Can you say anything you would have done differently, so that others can learn?

What was your score, take it AGAIN.

Don’t know what to say…  I study for about 34hrs a week for 8 weeks i took the class from STC and i crammed, I had a 3.2 GPA in college so i really don’t know what to tell people.  I can’t take it again, from that company, yet if i find a company to sponser me and pass they will rehire me.  Odd way of life. 

Beach, man I feel for you.  It must be a terrible feeling to have to think about picking up those books again.  You have to be totally honest when you interview--you know they will find out.

But that doesn't mean you can't fib.  Like you had food poisoning the night before, etc.

Do you want to be a Financial Advisor?  Do you have a burning desire to do this?  Why do you want to do this?????

You are obviously smart enough to pass.  Where did you score low?  If it was Options, you could definitely nail that down and have at it again.

[quote=Beach]Don't know what to say....  I study for about 34hrs a week for 8 weeks i took the class from STC and i crammed, I had a 3.2 GPA in college so i really don't know what to tell people.  I can't take it again, from that company, yet if i find a company to sponser me and pass they will rehire me.  Odd way of life.  [/quote]

What does your college GPA have to do with the series 7?

Are you saying that you literally studied for 272 hours?

Beach,

You are not alone. Many people fail the 7 the first time around. I have a good friend who took it 3 times before passing. She just refused to give up. I'm real sorry you lost your job over this. I hope your luck changes for the better.

Beach,

Cheer up buddy!..This is all a learning experience. I've too failed the S7 twice, although I didn't get fired because I worked my ass off. I remember when I've failed, I just wanted to throw that computer out the window. But now that I look back, Im glad that I've went throught that horrible experience. It helped me become a better broker. You want my advice? Keep studying...you'll get it. I'm probably the dumbest guy in this forum and I've passed it. Don't give up too easily.

Beach,

Sorry to hear you did not pass. That kind of reconfirms my fear of the 7. Actually I still have not passed failed it twice, and im still bracing myself for the 7 on the 12th. I do appreciate all your input on the 7, ill give you an update with pass or fail after i take it. cheers guys

salz

I hate to admit that I have failed the S7 test 3 times now and can't take it for 6 months.  I have the STC study materials and have taken the class.  The funny thing is on the S7 test I have gotten the exact same score each time!  I am passing the practice tests, but it doesn't look like I am learning anymore when I take the actual exam.  I have never been a good test taker, freeze up, get really nervous, etc.  Any ideas as to what I should study as far as material wise, or tricks that have helped anyone else.  I sure thought I would have passed it this last time, or at least have gotten a higher score than the previous 2 tests. 

Any ideas as far as study habits, things to put on the "dump sheet", etc.  is greatly appreciated.

I'm new to this forum so I thought I'd say hi. Well currently I am not scheduled to take the Series 7, but I know I have to soon and I'm kind of stressing because some people talk about how hard it is and others say its not that bad. So i'm just stressed myself. Any helpful hints? Thanks.

I passed with a 96%...missed 9 questions out of 250.  Here's how I did it. Got Dearborn books and CD test bank.  Read each unit.  Took 50 question practice test on each unit until I was scoring in the mid 80's.  Went to next unit, repeated, then also took a 50-question review test of all units I'd completed at that point.  Repeated process until I was through the book.  Looked at where I scored poorly, reviewed material, took 20-question tests on areas where I scored poorly until I was mid-80's there also.

Then, started taking practice finals.  When I scored in the mid 80's on three practice finans in a row, I scheduled and took the test.  No cram course and finished the whole process in about 5 weeks.  I probably spent an average of four hours per day.  By the time I got to the test, the Dearborn questions actually seemed harder.  There were a few questions that were exactly what I had taken in Dearborn.

Overall, I probably spent 100 hours studying and that was obviously overkill for me.  Everyone is different, but I think the test is very passable if you put some effort into it...good luck!

One more thing…I probably spent 70% of my time with the test bank answering questions, but after I went through the units in the book.

I do have to admit, the dearborn stuff leverages against STC in that you can get a different variety of questions every time, so you do not just memorize them, but you understand the concepts behind the questions and can recall them out of order. I dont know about the dearborn manuel though. STC does have a question and answer mode and a topic tool to concentrate on key weak areas, so that may be the equivalent. The cram class is well, let just say it is a cram class in a week, however it will give you some helpful insight as to what the test will try to do to trick you and some helpful short cuts that make the questions less harder than they appear. Any of you have any insight on that? How the test words their questions to try and trick you? That is what I am hearing and Im wondering how all of you that passed, got around that part of the test. As I say, half the battle of the exam is not knowing the material, it is knowing how these test writers write their questions.

SaLz

Beach, man life is going to throw you a lot of curve balls. Its how you react to these curves that will determine your outcome. You ever heard of the journey is what makes the man!

Personally I have been on and off for the 7 test for a few months. I have a solid career so I want to pass the exams before I move over.

Reguardless you need to know the theory. Knowing the questions will help, but you need to know the theory and concepts.

I have Dearborn and studied exactly the way Indy did. This CD rocks. It took me two months to figure out that you can break down question areas by sub chapter. Its great! If you struggle with NYSE ethic and rules you can take a 15 question test in that chapter. If you have a problem with options you can take a 40 question test on options.

Beach if this is your dream hang in there and know you are not the first or last who failed!

This is my email signature " I haven't failed, I've found 10,000 ways that don't work."