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In that time, I have compiled some key ideas about what it takes to pass . Whether you expect to study for two weeks or two months, this cheat sheet lays out some of the fundamental principles needed to succeed.  \nFollow these tips and you’ll be on your way!!  \n© Professional Exam Tutoring  \nTIP 1: PLAN AHEAD  \nThe Benefits of a Study Schedule:  \n• Get clear on your“study time”  \n• Tracks subjects covered  \n• More effective memorization  \n• Avoids cramming  \n• Less anxiety on exam day  \nPRO TIP:  \nLeave at least 20 min per day for review on what you’ve already studied.  \nUnpredictable Schedule!?  \nYou’re not the only one! Instead of a schedule set in stone keep track of hours studied (and subjects) . Aim for 16 hours per week on average for 2 months .  \n© Professional Exam Tutoring  \nTIP 2: START MEMORIZING EARLY  \nLearn The Acronyms:  \n1. BLiSS  \n2. SLoBS  \n3. LEAPS  \n4. CBOE  \n5. JTWROS  \n6. Etc…  \n© Professional Exam Tutoring  \nKnow the Rules and Regs:  \n1. Reg T  \n2. Act of 1933  \n3. Act of 1934  \n4. Rule 144  \n5. Rule 144A  \n6. Etc…  \nMemory Work is a MUST!!  \nKeep a list of terms you can’t remember  \nREVIEW DAILY!  \nTIP 3: OPTIONS…NOT OPTIONAL  \nKnow this table! Not knowing options puts a passing grade in major jeopardy!  \nLong (Buyer)  \nShort (Seller)  \nCALL  \nPUT  \n\n| Right\u003Cbr>to Buy | Right\u003Cbr>to Sell |\n| --- | --- |\n| Obligation\u003Cbr>to Sell | Obligation\u003Cbr>to Buy |\n\nOption can be tough. Tackle it first. Chip away at them for at least 30 min per day!  \nPRO TIP:  \n1. Exact numbers are hard to come by, but it’s estimated that the Options Section makes up about 20% of the exam.  \n2. In recent years there has been less emphasis on calculations, and more on theoretical.  \n© Professional Exam Tutoring  \nTIP 4: MATH QUESTIONS CAN BE“GIMMES”  \nIf you know the formula you can get the answer! Memorize  \nformulas!  \nYou don’t need to know E = mc2 to pass!  \nAddition Subtraction Multiplication Division  \nMath Topics That Trip Up Most People:  \nConversion Ratios (Convertible Bonds/Preferred Stock) Margin Call Price SMA (Margin Section) Option Strategy Profit/Loss  \nMath Tips For Exam Day!  \n• Read, and re-read exactly what formula the question is asking for before you answer  \n• As SOON as you start taking the test (not before!), write down formulas you might forget  \n• *IMPORTANT* Don’t write anything down before the test starts or it counts as cheating and you could automatically fail  \n• Do your best to understand the formulas – don’t just memorize unless you absolutely have to  \n© Professional Exam Tutoring  \nTIP 5: PRACTICE, PRACTICE, PRACTICE…QUESTIONS!  \nReading the textbook is a must but practice questions are a necessity!  \nFollow These Steps:  \n1. Read text  \n2. Do practice questions from the text  \n3. Review text learned  \n4. Do more practice questions!  \nThe more familiar you become with the types of questions they’ll ask the more comfortable you will be at exam time!  \nPRO TIP:  \n2 weeks before the exam, practice, practice, practice questions!  \n3 hours per day x 14 days!  \n© Professional Exam Tutoring  \nChallenge: Isn’t 80% good  \nenough?  \nResponse: From what I’ve seen, not always! And why risk it? Aim for 85% or above on your practice exams and you’re  \nall but assured to pass!  \nTIP 6: ALWAYS BE REVIEWING  \n***MOST IMPORTANT***  \n• Incorporate review sess","cbCaiqETnPH5jQJG","https://ap.wps.com/l/cbCaiqETnPH5jQJG","pdf",381912,10,"English","# A Note from Jim\n# Tip 1: Plan Ahead\n# Tip 2: Start Memorizing Early\n# Tip 3: Options Are Not an Option\n# Tip 4: Math is the Path\n# Tip 5: Practice, Practice, Practice Questions\n# Tip 6: Always Be Reviewing\n# Tip 7: Keep Going","[{\"question\":\"How should you plan your study schedule for the Series 7 exam?\",\"answer\":\"Use a study schedule to clarify study time, track subjects, improve memorization, and avoid cramming. Leave at least 20 minutes per day for reviewing what you already studied and aim for about 16 hours per week for around two months.\"},{\"question\":\"What should you memorize first when starting your preparation?\",\"answer\":\"Start memorizing early by learning key acronyms and the Rules and Regs listed in the guide. Keep a list of terms you can’t remember and review daily to reinforce retention.\"},{\"question\":\"What is the recommended approach to options and math questions?\",\"answer\":\"Treat options as essential and tackle them first, working on them in small daily chunks. For math, memorize needed formulas, read and reread exactly what the question asks, and start writing down formulas only after the test begins.\"}]","Series 7 Cheat Sheet - 7 Tried and True Tips to Help You Pass - Exam Study Guide | PDF",1791925765]