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Series 66 need advice!

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May 31, 2005 4:36 am

I’m taking the series 66 in 2 weeks. I heard this exam is actually harder than the s7. Now, I’m using the dearborn material and scoring low 70’s on the practice exams. Any advice on how to study series 66? I’m falling asleep everytime I’m reading this book. Help me out guys.

May 31, 2005 2:14 pm

Read the book cover to cover once. Then take all the practice tests on the CD Rom. Review all the questions and take notes on all of them. The day before the test, study the notes all morning. Then go out with a few buddies for happy hour, strap one on, and dont even think about the 66. Go to bed early, review your notes again the day of , and then go to the test site and kick A$$. Thats what I did a few months ago, and it worked like a charm ( 83 baby!!!). Good luck, let us know…

May 31, 2005 7:48 pm

[quote=blarmston]Thats what I did a few months ago, and it worked like a charm ( 83 baby!!!). Good luck, let us know…[/quote]



And to think that there are those who think that there are no slackers left.



Why would anybody with any sense of self worth be pleased with an 83 on a test?

May 31, 2005 11:39 pm

[quote=Put Trader] [quote=blarmston]Thats what I did a few months ago, and it worked like a charm ( 83 baby!!!). Good luck, let us know....[/quote]

And to think that there are those who think that there are no slackers left.

Why would anybody with any sense of self worth be pleased with an 83 on a test?
[/quote]

Q.  What do you call the person who graduated from medical school at the bottom of their class?

A.  Doctor

Who cares what score a person gets on their exams?  As long as they 1) understand the material, and

2) pass!

The numerical score is irrelevant.

The real question now is:  what are you going to DO with the licenses you hold?  Are you going to sit on your ass?  Or are you going to make something of yourself!

BTW, as for the S66 - it was as hard as hell for me.  I passed with a 72% on the 3rd try (hey, I PASSED!).  Good luck with your studies.

Jun 1, 2005 1:43 am

[quote=D.H.K.]

BTW, as for the S66 - it was as hard as hell for
me.  I passed with a 72% on the 3rd try (hey, I PASSED!). 
Good luck with your studies.

[/quote]



Are you saying you’re proud of the fact that you are not bright enough to score 90 or higher?
Jun 1, 2005 4:28 am

Put- you are ridiculous… SENSE OF HUMOR… It left you in middle school I think…

Jun 1, 2005 4:48 pm

 

First time I took the Series66, I got 70 and failed. (You need 71 to pass) I have to retake it in a month. I used STC to study, and I heard that <?:namespace prefix = st1 ns = "urn:schemas-microsoft-com:office:smarttags" />Dearborn is much better. So you are already ahead of me. The sample tests that the STC had was completely different from the actual exam<?:namespace prefix = v ns = "urn:schemas-microsoft-com:vml" /> <?:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" />. I just got the Dearborn CD with the sample questions and it’s much better. Just make sure to score close to 90 on the sample exams before you go in, and you'll be fine!!

Jun 1, 2005 7:46 pm

[quote=giselle]

 

First time I took the Series66, I got 70 and failed. (You need 71 to pass) I have to retake it in a month. I used STC to study, and I heard that Dearborn is much better. So you are already ahead of me. The sample tests that the STC had was completely different from the actual exam . I just got the Dearborn CD with the sample questions and it’s much better. Just make sure to score close to 90 on the sample exams before you go in, and you'll be fine!!

[/quote]

It is possible to fail these test with a score of 70, but the reason is not because the passing grade is 71 it's because there is at least one question that is overweighted--Series 7 has two of them.

If you miss it you're goint to need to get two right to offset that miss.  On the other hand, if you get it right you can actually miss two others without offsetting the benefit of the extra weighting.

It is thought that the heavy weighted questions always  have a basis in ethics, so if you're going to be paranoid about a question be paranoid it if seems to be ethical.
Jun 2, 2005 8:45 pm

I just finished my 66 and passed.  Used the Pass Perfect.  I did not think it was a great reflection of the test material, but it was OK.  Advice on the 66, take a break when you are in a rut.  There is no time constraint.  I changed just one answer.  If you have a good vocabulary or any kind of legal background, you will be ahead.  The questions are written at a very high degree . . .makes you tired to read them.

For the Series 7 I say the Pass Perfect was superior to the Dearborn.  I did the Pass Perfect books and the Dearborn class.  The Dearborn questions were just too easy.

Oh, I never got high grades on the practice exams.  Actually the first time thru I got like 50s.  Just keep at it.  I was scoring 70s before both exams and passed both exams with high 70s.  Best luck to you.

Jun 4, 2005 8:19 pm

What other material should I use besides dearborn?

Jun 6, 2005 10:27 pm

In my opinion the 66 is not even close to being as difficult as the series 7.  Just a lot of legal regs  –  I got a 90 on the 7 and a 84 on the 66.  From what I have seen with people taking the 66 is they tend not to give it the same effort as the 7 and therefore tend to score lower than their capabilities could allow.  I took it three weeks after taking the 7 and didn’t have the energy to give it my complete all which was mostly used up on the 7.  Then there are those who are taking the 66 a while after being in the business because they want to enhance their book with advisory business - but, they are not looking at the imminent prospect of loosing their job if they don’t pass the first time around - as is usually true with those who fail the 7 - if they work for a reputable firm.  The material for the series 65 is much more difficult than the 66 and could be more appropriately compared to the 7, but still is not as difficult and not as comprehensive.  The 65 not only covers advisory regs but includes much of the same material the 7 does (in a summarized fasion) on securities products because those who test for the 65 are able to run an advisory business without a series 7 and the regulators want to make sure they have a basic understand of products.    Those who take the 66 must have a 7.  Here is a link describing the details of the two. http://www.marketcounsel.com/examprep/Series_65-66_FAQ.htm

Jun 7, 2005 1:45 am

[quote=Put Trader]



It is possible to fail these test with a score of 70, but the reason is
not because the passing grade is 71 it’s because there is at least one
question that is overweighted–Series 7 has two of them.



If you miss it you’re goint to need to get two right to offset that
miss.  On the other hand, if you get it right you can actually
miss two others without offsetting the benefit of the extra weighting.



It is thought that the heavy weighted questions always  have a
basis in ethics, so if you’re going to be paranoid about a question be
paranoid it if seems to be ethical.

[/quote]



Really?  That is a good tip for taking these tests.