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Series 7 Exam

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Jun 6, 2008 4:09 pm

Greetings,

  I'm taking my S7 on Monday.  My last "pratice scores" from STC were 70 & 60.  Am I screwed???
Jun 6, 2008 4:15 pm

You’d better stop on your way to the exam and buy some K-Y, you’re going to need it.

Jun 6, 2008 5:04 pm

You might pass. I scored 10 higher than I did on the practice tests. I’ve also heard people score 10 lower. Make sure you eat your wheaties.

Jun 6, 2008 5:08 pm

Take an online practice exam from another provider (Kaplan) to get another provider’s feel for the exam questions.

This will help you determine if you’re really ready or not.

Keep in mind that GOOD practice exams are much tougher than the actual exam.

I was scoring between 75-85% on my practice exams (back in 2004).  I took the 7 within 2 hours total time and scored an 80%.

I was LAUGHING at how easy the questions were.

So they key is to keep taking practice exams until you feel like you’re being insulted by being asked such easy questions.

Jun 6, 2008 5:19 pm

yea, you’re screwed.

Jun 6, 2008 5:33 pm

[quote=Analyst2x]Greetings,

  I'm taking my S7 on Monday.  My last "pratice scores" from STC were 70 & 60.  Am I screwed???[/quote]   Hi,   I'm Saul4paul,   You should have went with Edward Jones...they train you for 7 weeks before you take the 7th.
Jun 6, 2008 5:42 pm

Give the score lady a Ron Paul button

Jun 6, 2008 5:49 pm

[QUOTE=yooper]Give the score lady a Ron Paul button[/quote]

Good point!
Jun 6, 2008 6:27 pm

Analyst2x - you will probably not pass the exam - HOWEVER, keep up the hope.

  Also - someone get saul4paul a job - he (or she) has a lot of time of his/her hands (and feet).  I'm thinking that a campaign position with John McCain would be appropriate (and much more long term than a position with Rue Paul).  
Jun 6, 2008 6:36 pm

 Thanks for your input.  My 6 & 63 were a joke compared to the 7 I have to take.  I must admit I didn't put in 100% for the "10 weeks" per the intructions of STC. 

This weekend I will put in 20 hours of reading/final practice exams.  Hopefully, I can squeeze another 20 points in my score before Monday....      
Jun 6, 2008 7:16 pm

I understand/can identify spreads, credit/debits, straddles,etc…gotta work on breakeven calcs etc…

  I feel as though I can pass.  This will be my 3rd NASD exam so hopefully that will work to my advantage.   I think my "true" practice exam score is a solid 70.  STC suggest completing 13 "final exams".  I've completed them on average within 1.5 hours.  So my hope is when I sit for the test, I will make less stupid mistakes.
Jun 6, 2008 7:39 pm

It is not that hard, the worst part is the stress you put on yourself.You will be suprised how fast you get done I bet. Good Luck

Yooper
Jun 6, 2008 8:19 pm

Its not that bad, if i were you I would keep doing pratice tests until you throw up for these 2 days.  Make sure you get at least 80%. 

I was getting 85-90% on my practice exams and i scored a 83% on the real thing. 

Jun 7, 2008 12:55 am

Don’t read anymore . . . just take practice exams.  When you finish one, review all of the questions - ones you got right and wrong.  Do them over and over and over!

Jun 7, 2008 2:00 am

If you’ve already read the material I would just keep taking the practice exams over and over again.  Maybe revisit just the material that you are doing the worst on in the practice exams if you really feel at a loss.  I used STC and I thought the actual exam was easier than the practice exams.  And don’t over think the questions.  So many of them were so obvious that they almost seemed like trick questions.  Or maybe the answer actually was obvious because I did so many practice exams.  The worst part was the end - those 10 seconds waiting for my score seemed more like 10 hours.

  Good luck,   Matt
Jun 7, 2008 12:10 pm

By the way. I wouldn’t study at all today. You’ll be surprised at how well you do with a day off. If you cram right up till the last minutes, your brain might get confused.

Jun 7, 2008 8:13 pm

Thanks for all the feedback.  Just came in from reading key points while sitting on the porch (90+ degrees).  Maybe I can bake on what I was having problems with.  I will take the final exams until 9pm Sunday, in bed by 10pm, take exam in morning, & hopefully getting wasted in a bar at 3pm....happy & relieved, enjoying the rest of my paid day off...


Jun 7, 2008 9:04 pm

[quote=Analyst2x]

Thanks for all the feedback.  Just came in from reading key points while sitting on the porch (90+ degrees).  Maybe I can bake on what I was having problems with.  I will take the final exams until 9pm Sunday, in bed by 10pm, take exam in morning, & hopefully getting wasted in a bar at 3pm....happy & relieved, enjoying the rest of my paid day off...


[/quote] Good luck.
Jun 8, 2008 9:03 pm

Good luck tomorrow!  Remember, it is not a race and no prospects care about your score.  It just matters to them that you pass.

Jun 9, 2008 7:21 pm

Day didn’t start well.  Arrive at the Prometric site- proceed into building- then a old lady yelled at me for being in her way in the elevator.  Go to the front desk…and low & behold- the computers are down.  Exam delayed 1/2 hour…

Barely passed with a score of 77%…national average ~73%.

Too hot to get wasted…I’ll defer until the weekend…