Passed series 7 on second attempt, study, study, study!
ok so here is what I did to study, my company uses Cerifi, only used that my first attempt and failed with a 65, second time around got achievable and Kaplan Qbank, did 10 finals required for Cerifi, plus 3 randomized, averaged 78-84 on the regular finals, and 71-73 on randomized which are harder. I took 3 full exams on achievable and scored 56, 66 and 78. Kaplan I took 3 also and scored 58, 65, and 74. This time around for Cerifi I took notes on questions I got down to 50-50, got wrong, or needed to understand better what it was trying to teach me, this is what helped me get the basics down. Since I failed the first time, both achievable and Kaplan helped supplement by seeing not only different wording, and did the same thing with writing down what it was trying to teach me to get more even more understanding, but also ways that the actual exams words the questions which is what screwed me the first time, which for me, made me feel like I didn’t even speak or understand English, cannot stress the importance of also having both Ken and his brutal exams on repeat (extremely important) also signed up for his options strategies (had that on lock afterward) options, straddle became easy points, about 10 maybe total of those on the exam, and also mighty ninety and his videos on repeat. Fast forward to test day, countless questions, both YouTube gods on repeat, my wife said she is sick and tired of their voice lol, took another persons advice who passed both the series 7 and 66 recently and got into a rhythm today before my exam and went to Cerifi and selected 30 questions from all chapters and created an exam on unseen questions, this helped me get into a rhythm, this time I took a cab to the testing center instead of driving, idk it cleared some stress for me not driving, Now to the data dump, I will add a picture of my dump sheet, which I literally memorized from top to bottom, left to right, and even alphabetized and used endless acronyms to remember. After countless retry’s, timed myself and got it down to 15 minutes. I had accounting ratios, debt to income, who determines tax consequences question I knew it was either IRS or issuer, I went with IRS based off of previous thread, suitability was on there, Spac was there too, super voting was there, had about 3-4 questions on correspondence, retail communication and what an RR can send or not, one was about advertising, no mentions of performance or anything, and another that did have it but thank god it mentioned it included past performance of 1, 5 and 10 (3 does not count) and it mentioned that the research report was created by someone else and that it was disclosed, so made it a little easier. Variable annuities was there about 5, one of the spouse dying, wife taking over and thankfully she was I think 60-62 so was able to get it down to 50-50 quickly, about 15-20 options, one that got me stuck was owning 600 shares, writing a call for about 4 options and selling like another 3, it was weird for me since I hadn’t seen it, and the options were like if 300 or 400 are covered or uncovered, and 200 or 300 are sold short, weird for me, munis were on there maybe like 5, accretion was there, no amortization though, suitability was there like 5-10 questions, knowing the difference between most and least liquid, zero coupon was there, I remembered Ken on another one and selected convertible, safety = treasuries helped on like 2 more, sorry I cannot remember anymore, besides yelling and breaking the marker once I saw that pass!!! best of luck everyone, study, study, study, you have to see a lot of questions and try to understand what it is trying to teach you, best of luck!!! on to the 66!!!