I took the SIE this past weekend and got a 69. I was feeling very rocky when I was taking the exam. I had to put my arms above my head to breathe during the test and was running out of time. On the practice exams on achievable i was finishing with 30 minutes left over or so.
There was also terms on the exam that I have not seen before in the book. “Churning” came up couple times throughout the exam and i guessed that one because the other terms didnt make sense with what the question was asking. If I could get a solid definition on that for next time around that would be great. There was also a lot of questions on the risks for each product which were tripping me up as well. There was also a question that i was stuck on asking if a registered rep is allowed to open and account joint with their client and what kind of approval they would be required to have to do so. I know they need approval but is it written; approval from supervisor; or do they need both?
I know i will pass next time. But for now do I reread the book? i have been taking a break for a couple days to relax but i wanna take it asap again while everything is still fresh.
I also need techniques to really help calm my nerves while taking the exam. It gets to the point where I cant think clearly and use my best judgement on each question.
What do you advise on moving forward with this process? I already signed up to take it again and will schedule it hopefully before the end of April.
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Hi @Molly_Bashirian, I am sorry to hear that you did not pass—and you were so close, too! It sounds like you may have gotten a tough draw of questions or that some of the ones you mentioned were part of the experimental ones.
For reference, churning is the prohibited action of a representative trading excessively in a customer’s account to enrich themselves.
I have reviewed your study progress and have some feedback to help you for this next go around! When looking at your exams, I noticed you had pretty varied scores. You also took them quickly - some in less than half the time. Treat the practice exams like the actual exam, and take your time. Go through each question, ensure you read it thoroughly and understand the possible choices. A strategy that can help to see what you truly understand and don’t is reading the prompt first, without reading the answer choices, and envisioning possible answers. Additionally, after you take your practice exams, it is essential to review them afterward. You should spend significant time (~1 - 2 hours) reviewing each question and explanation. This way, you can see what areas you are strong in and what areas you need to revisit in the textbook.
This next time around, I suggest reviewing your practice exams first and doing what I mentioned above. Then, I would repeat that process. If you notice many areas of weakness, I suggest spending more time reading the textbook and the quizzes.
Please let us know if there is anything else we can do to support you.
Thank you,
-Brenden
Do you recommend I restart my progress on achievable? How should I go about a new study plan?
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Hi @Molly_Bashirian, sometimes a fresh start can be beneficial, especially if you have a few months before your retake. If you want to start from scratch and go through the whole course again, I can reset your progress.
If your retake is close, I suggest doing what I mentioned previously: reviewing your exams and identifying areas of weakness so you can spend extra time studying in the textbook and quizzes. With a short window, taking practice exams and doing what I outlined before is best.
Please let me know if you have any other questions. Thank you,
-Brenden
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Okay I plan on taking it again at the end of the month of April so i will just review sections as needed then get back into the practice exams there are a lot that I previously started and havent finished from before. Is there a way you could reset those exams for me?