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Jun 4, 2007 3:43 pm

Section16-

I've been searching online for the math book you mentioned (sounds like a very handy reference) but can't seem to find anything by that name or with that content...help?? Thanks!

Jun 4, 2007 7:45 pm

Know your munis!

Jun 5, 2007 2:31 am

Don’t be impressed with people who get 99’s or take the test in record time, just pass the test. I PASSED with a 70 and used the entire 6 hours to take the exam The skin of my teeth are forever in tombed in the keyboard where I took the test. I will tell you though that I was averaging about 80-85 on the practice exams but when I got to the testing center, the person next to me kept passing gas (probably a nervous test taker). I had to leave my seat a few times because of obvious reasons so I could refocus. Hopefully, this does not happen to you or anyone else that takes the test. Good luck and STEER clear of nervous test takers!

Dan

Jun 5, 2007 2:43 am

The best advice I can give is, while you are studying, prepare an index card with all of the notes and diagrams you find helpful to solve the practice problems.  Next, commit the index card to memory, i.e., be able to copy it verbatim from memory.  Finally,when you sit for the exam, the FIRST thing you do is write out your index card from memory BEFORE you view the first question (to avoid any confusion while your memory is still undisturbed).  You'll then have your "notes" available to use throughout the test.  I used this technique in 2001 and scored a 95% on the Series 7.  As I went from question to question, I waited for the questions to start becoming difficult, but the test ended before the questions got hard.  The 66 was about the same level of difficulty for me but I found the insurance exam the hardest (probably because I'm not much of an insurance guy...

Jun 5, 2007 5:01 pm

Thank you for all of the comments, I am consistently between 82-86 on the Kaplan and STC materials with a scoring average of around 95% on the options and munis. Should be good to go.

Jun 6, 2007 3:43 pm

[quote=Danboy]Don't be impressed with people who get 99's or take the test in record time, just pass the test. I PASSED with a 70 and used the entire 6 hours to take the exam The skin of my teeth are forever in tombed in the keyboard where I took the test. I will tell you though that I was averaging about 80-85 on the practice exams but when I got to the testing center, the person next to me kept passing gas (probably a nervous test taker). I had to leave my seat a few times because of obvious reasons so I could refocus. Hopefully, this does not happen to you or anyone else that takes the test. Good luck and STEER clear of nervous test takers!

Dan
[/quote]

I'm wit ya.

I had six weeks to study and a family to balance.  I thank God for every point I scored over 70.

Jun 8, 2007 4:06 pm

Passed the 7 with a 94%, and got accepted into MENSA all in the same week. Not bad for someone who didn’t finish college.

Jun 8, 2007 4:23 pm

[quote=12345]Passed the 7 with a 94%, and got accepted into MENSA all in the same week. Not bad for someone who didn't finish college.[/quote]

The bad news is that smart a** intellectuals who think they are smarter than everyone else do very poorly in this business.

Jun 8, 2007 4:41 pm

[quote=vbrainy]

[quote=12345]Passed the 7 with a 94%, and got accepted into MENSA all in the same week. Not bad for someone who didn't finish college.[/quote]

The bad news is that smart a** intellectuals who think they are smarter than everyone else do very poorly in this business.

[/quote]

Far from smart ass interllectual, got my business experience in the motorcycle and commercial fishing business but thanks for your quick negative response regarding my good news. Stop typing and go find some accounts.

Jun 8, 2007 4:49 pm

[quote=12345]Passed the 7 with a 94%, and got accepted into MENSA all in the same week. Not bad for someone who didn't finish college.[/quote]

Congrats on the Series 7 score.  Not so much on the MENSA (if true), since it doesn't pertain to anything relevant to this business. (I'm a member too).  MENSA is an elite achievement that won't impress your clients much.

While the other poster was pretty snarky, you must realize that sales people who are overly analytical are sometimes unable to convey the gist of the topic to unsophisticated clients and lose the sale to someone not quite as smart, but who can communicate on the client's levels. 

  

Jun 8, 2007 4:58 pm

[quote=Dust Bunny]

[quote=12345]Passed the 7 with a 94%, and got accepted into MENSA all in the same week. Not bad for someone who didn't finish college.[/quote]

Congrats on the Series 7 score.  Not so much on the MENSA (if true), since it doesn't pertain to anything relevant to this business. (I'm a member too).  MENSA is an elite achievement that won't impress your clients much.

While the other poster was pretty snarky, you must realize that sales people who are overly analytical are sometimes unable to convey the gist of the topic to unsophisticated clients and lose the sale to someone not quite as smart, but who can communicate on the client's levels. 

  

[/quote]

Thank you for your response. I realize that Mensa and my score are completely irrelevant to success in this business. Just wanted to share my good news. My previous sales experience got me the job in the first place seeing that I didn't have a degree to open the door for me. Thanks again

Jun 8, 2007 7:09 pm

. .oooh a thin skin on top of an egg head.  I forsee great things for you in another career field.

Jun 8, 2007 7:36 pm

[quote=Spaceman Spiff]Best advice I got from anyone was to take some time the day before you test to do something that you enjoy.  Golf, movie, bike ride, etc.  Something to get your mind out of Series 7 mode for a few hours.  Get the blood flowing to the brain for a while.  I played 18 holes the day before and scored a 99.  I'll let you guys figure out if that was my golf score or S7 score. [/quote]

...I take it you're not a scratch golfer...

Jun 9, 2007 12:10 am

[quote=vbrainy]. .oooh a thin skin on top of an egg head.  I forsee great things for you in another career field.[/quote]

Thanks buddy have a good weekend.

Jun 9, 2007 1:28 am

[quote=Dust Bunny]

While the other poster was pretty snarky, you must realize that sales people who are overly analytical are sometimes unable to convey the gist of the topic to unsophisticated clients and lose the sale to someone not quite as smart, but who can communicate on the client's levels. 

  

[/quote]

Always work on the sales skills and you will be fine.  Some of the most successful advisors I know still go to sales training.  I will agree with the above statement in that of the group I was hired with the two people who scored the highest on the 7 are now no longer in production.  They both suffered from "paralysis by analysis."

Jun 9, 2007 5:04 am

12345...Congratulations!!

Why give him a hard time?  Forget MENSA.  Do you remember how great you felt when you passed the 7? 

Jun 9, 2007 7:05 pm

Congratulations!  I passed it just a little while ago and have already forgotten it all.     But I do remember that after the test I got one of the best nights sleep I’ve had in a long time.

Jun 11, 2007 2:21 am

kap39-

The book is called "Mathematics of the Securities Industry", by William A. Rini.  I think I got it at Amazon.com.