Monday, June 15, 2015

Study Practice Tips and Techniques For FINRA Exams

One of the questions I get asked often is "what are some study techniques you recommend when preparing for the Series 7?"

One of my old tips for years I used while I was teaching and private tutoring applied to learning from your mistakes when taking practice final exams. This is especially effective for the Series 7, since that exam covers so many topics.

Going over your wrong answers after reviewing an exam should not be rushed. Some students are overly anxious to take another exam without really learning why they chose incorrect answers. Being slow and deliberate will help prevent making not only the same mistake twice, but will help you on that topic in general.

Write out the correct answer explanations into a notebook

Most people write slower than they read, and we also tend to retain information better when it is in our own handwriting.

This method is most effective when the study material you are using has thorough answer explanations written out.

If anyone else has any study technique questions or wished to share some that have worked for them, please leave a comment.

Thanks
Nick Hunter
American Investment Training

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