Customer Reviews

Passtrak Series 7: General Securities Representative License Exam Manual

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I and most of my work colleagues studied for the series 7 using primarily passtrak. It should contain enough information to pass the exam. My advice, also get the question and answer book and do as many questions as you can rather than overly reading the book. I had the CD for this manual as well and did about 150 questions a night. I took the test last week and passed with 80% and 20 out of 24 of my fellow workers passed in the past few weeks as well. I can't stress enough, read the book just ONCE and do about 2000 practice questions, and you'll pass your first time.

I have used Passtrak materials exclusively to pass the Series 3, Series 7 and the Series 63. I made 90% or above on all tests. My approach is to read the material, take the practice tests or Q/A, review and then do ALL practice tests & questions again. This second time around really helps. Do this and I don't think you'll miss. Please note that both Series 3 and Series 7 materials have separate manual & Q/A books; my statements apply to the use of both the manual and Q/A volumes -- don't buy just the manual alone.

I pass with a 87% on the Series 7 Exam. This is how I did it.

1. Read this book once. Then read over again the chapters on Municipal Securities and Options. You will need to know these chapters inside and out.

2. Then do the practice test. Do everyone one of the practice test. Again and Again. The Exam is exactly like the practice test.

3. Buy the 11th Edition. The CDROM alone is worth the price.

If you do these 3 steps you will pass. GUARANTEE.

Overall, I was generally pleased with the Passtrak Series 7 set. However, the answers and the respective page references to the end of chapter questions (not the Q & A book) did not always match up to the specified page. Like numerous others that I know who have taken the exam, I found the text did not cover a significant amount of the material in sufficient enough detail. The actual exam had questions that could not be found or referenced in the Passtrak text. In addition, the details of some exam questions exceeded the detail offered in the text. I passed the exam, but disappointed with the amount of material that was missing from the text that I was presented with on the exam. I do feel that one could find more than enough accurate material in the Passtrak Series 7 set to pass the exam if good study habits are employed.

I have taken the 7 twice now and have studied with these materials each time. I have not passed the test so far. I am searching for materials that will prepare me better for the exam.

I am 1/3 thru this book. It appears to be well organized with sufficient info needed to pass the series 7 exam. There are sample questions at the end of each chapter which appear very helpful. The book also provides guidance on how to handle trick questions. It also has helpful general tips on testing techniques.

The Passtrack 7 book is used by several bulge bracket firms to prep for the 7. The book is adequate and does the trick just fine. Anyone with a modicum of intelligence who studies the manual will have no problem.

This book is ok. Certainly if you study it, you will pass the Series 7 exam.

However, some of the info is simply wrong. For example:
"Stock dividends are frequently paid by companies that wish to reinvest earnings for research and development. Technology companies, aggressive growth companies, and new companies are examples of companies that are likely to pay stock dividends."

You could memorize this book and still don't pass the series 7. There are better books than this. Stick with the discs.