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    All Forums | Investments

    Series 7 Exam

    jason7613
    wallstreetcappers
    VirginiaHoldem2
    gamble04
    pederson16
    Participants:
    Search
    Views: 789
    Posts: 5
     
    jason7613
    jason7613
    Prospect
    Participation Meter
    Joined: Dec, 2009
    Posts: 70
    Posted: Jan. 21, 2011 - 1:27 PM ET #1

    I'm going to be studying next month for the series 7..While I will have all of the tools needed by my firm I was wondering if there are any free websites that offer practice tests?  I am starting early given the nature of the test and trying to get a head start.  I use investopedia.com but was wondering if anyone had any others.  Thanks in advance!!
    Reply
    To remove first post, remove entire topic.
    I'm going to be studying next month for the series 7..While I will have all of the tools needed by my firm I was wondering if there are any free websites that offer practice tests?  I am starting early given the nature of the test and trying to get a head start.  I use investopedia.com but was wondering if anyone had any others.  Thanks in advance!!
     
    wallstreetcappers
    wallstreetcappers
    Covers Linesmen
    Participation Meter
    Joined: Feb, 2003
    Posts: 58463
    Posted: Jan. 21, 2011 - 2:09 PM ET #2

    If you are using training materials from a firm, most of the products have online practice tests galore. Ask your manager or whomever is in charge of training for either a online login for practice tests or a disk with the program containing practice tests.

    To me the practice tests were what made taking the exam easy, without it I am not sure how well I would have done. With it I was in the 90% range on both the 7 and the 63, but things have changed and I imagine the test is much more difficult than 10 yrs ago.

    If you cannot find them from the firm, go on ebay and buy some there.
    Reply
    If you are using training materials from a firm, most of the products have online practice tests galore. Ask your manager or whomever is in charge of training for either a online login for practice tests or a disk with the program containing practice tests.

    To me the practice tests were what made taking the exam easy, without it I am not sure how well I would have done. With it I was in the 90% range on both the 7 and the 63, but things have changed and I imagine the test is much more difficult than 10 yrs ago.

    If you cannot find them from the firm, go on ebay and buy some there.
     
    VirginiaHoldem2
    VirginiaHoldem2
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    Joined: Jan, 2006
    Posts: 2704
    Posted: Jan. 22, 2011 - 8:40 AM ET #3

    As long as you have the practice materials and a ton of practice tests you will be fine.

    Could be helpful if someone took a class and provided to you the notes and what areas to study as well.  That way you do not waste your time on items that will not appear on the test.

    I took the Series 27 and passed the CPA and taking the tests over and over and over again is what really helped drill the knowledge into my head.

    And of course years later 80% of that knowledge is all gone since you really do not use much of it in real life but I have the certificates and that is all that matters
    Reply
    As long as you have the practice materials and a ton of practice tests you will be fine.

    Could be helpful if someone took a class and provided to you the notes and what areas to study as well.  That way you do not waste your time on items that will not appear on the test.

    I took the Series 27 and passed the CPA and taking the tests over and over and over again is what really helped drill the knowledge into my head.

    And of course years later 80% of that knowledge is all gone since you really do not use much of it in real life but I have the certificates and that is all that matters
     
    gamble04
    gamble04
    Veteran
    Participation Meter
    Joined: Sep, 2001
    Posts: 4877
    Posted: Jan. 23, 2011 - 8:43 AM ET #4

    Quote Originally Posted by jason7613:

    I'm going to be studying next month for the series 7..While I will have all of the tools needed by my firm I was wondering if there are any free websites that offer practice tests?  I am starting early given the nature of the test and trying to get a head start.  I use investopedia.com but was wondering if anyone had any others.  Thanks in advance!!

    What is your firm?

    Reply

    Quote Originally Posted by jason7613:

    I'm going to be studying next month for the series 7..While I will have all of the tools needed by my firm I was wondering if there are any free websites that offer practice tests?  I am starting early given the nature of the test and trying to get a head start.  I use investopedia.com but was wondering if anyone had any others.  Thanks in advance!!

    What is your firm?

     
     
    pederson16
    pederson16
    Captain
    Participation Meter
    Joined: Oct, 2006
    Posts: 7359
    Posted: Feb. 1, 2011 - 1:30 PM ET #5

    its a simple test.... 2, 3 hr sessions and will only take you half that.  just a lot of info but otherwise very simple.  i'd suggest you know options backwards and forwards as well as the rulles/regulations ...those sections comprise over 50% of the test. 

    also, just take the practice tests over and over.  there is a company called Training Consultants (hq'd here in SoCal i believe) which is owned/run by a lady that used to be on the board that wrote the tests,,,,i'd suggest getting their tests and going over them,  good luck

    Reply

    its a simple test.... 2, 3 hr sessions and will only take you half that.  just a lot of info but otherwise very simple.  i'd suggest you know options backwards and forwards as well as the rulles/regulations ...those sections comprise over 50% of the test. 

    also, just take the practice tests over and over.  there is a company called Training Consultants (hq'd here in SoCal i believe) which is owned/run by a lady that used to be on the board that wrote the tests,,,,i'd suggest getting their tests and going over them,  good luck

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