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| *Ostroff, Fair and Company>>>Financial Services |
I am taking the Series 7 Exam and? |
I am taking the Series 7 exam in a week. I been studying for 5 weeks and been taking practice exams for about two weeks. My average score was in the low 50s when I started now I am around Low 70s and it does not matter How Hard I study I cant seem to get it any Higher STC suggests to get to a level of 80 on the practice exams. Do you think I can pass? I've taken and passed the Series 7, and I can tell you this: I doesn't matter one iota whether you pass with a 71 or a 99. A pass is a pass is a pass, and a fail still allows you to retake the exam. So sure, go ahead and take the exam. It's a lot like the bar: You can take it as many times as you need to, and you only need to pass once. I got to the high 70s on the practice tests and then quit studying. Got a 73. A pass is a pass. Try really focusing on options. Forget studying EVERYTHING; you might be wasting time and memory trying to learn all of it. Options are a big part, and if you can conceptually understand how options work and the basic math behind it, you should be able to pass. Which practice exams are you getting in the low 70s on? I know that their tests get harder as you go, so a low 70 on some of the later tests will probably get you a pass. If you're struggling on the earlier tests, then you might be in a bit of trouble. I just took the test last week and passed with an 82. When I was studying, I was averaging around a 78 on the practice tests. Really focus on munis and options. Take the Green Light Exam. That practice exam is very indicative of how you will actually do on the real test. To answer your question directly, you should be scoring at least 80 on the practice exams. I took the exam a long time ago. My advice to you is to keep on taking the practice questions. Make sure you go back and study the questions you are missing. See if you are weak in a particular subject. Try and hit the 80's to 90's before taking the exam. I think it will increase your confidence. Remember spend more time on test questions. Go back and study the answers and subjects you are weak in. Good luck. |
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