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trader2112

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I'm feeling like a dejected depressed loser who wasted hundreds of hours, away from family and friends, money that could have been better spent elsewhere. What a friggin waste of skin I feel like right now. Sorry for venting but this absolutely sucks. I didn't even come close. Talk about kidding yourself, what was I thinking trying to do this.


Congrats to all the passers. You must be really intelligent driven motivated people. I studied hard. You are to be revered.

I'm just trying not to go over the edge.

THIS S_U_C_K_S
 
i was you last december. bounce back. you can do it. you don't even have to buy new books.
 
Try not to beat yourself up on this....there is a reason the pass rates are so low for these exams. The list of people who failed have tons of people who studied hard. I studied hard for Level 2 and most likely failed but I won't let it depress me...the tests are freaking hard and anyone who knows anything about these exams knows and respects the difficulty and the work required to even have a chance. I will be dissapointed for sure, but I will try to look at the positives.

This may sound like a non-option right now, but at least you don't have to wait 10 months before you can take it again like I will have to and you won't be starting from scratch on the material, and now you know what the test day pressure is like. All in your favor for round 2. Go get yourself a stiff drink and try to shake it off
 
Believe me, these exams are tough so don't beat yourself over it.

Trader - this forum is very biased to the standard of candidates. The people who post are probably in the very top percentile of candidates. Think about all the people who have failed and just haven't poseted.

If you really want this designation it will come. If you fail, just take it again and again. No biggie in the grand scheme of things.
 
Geez man, get a grip - these exams are supposed to be hard. Everyone stumbles from time-to-time and you just get up, brush yourself off, and get back to it. No problem. I've messed up so many things in my life I can't count. I fell off a horse once in a dressage (look it up - nobody falls from a horse in dressage). I got run over by my own sled in a ski patrol competition. Etc. etc.
 
Don't worry too much about it; majority of candidates (60%) failed !!
Take a vacation for a few days, get yourself motivated again.
 
That is taking it too personally. Come on. Pull up your socks. The test says a lot more about perseverance than intelligence.
 
I don't know if it serves as a motivation, but just for the note, this weekend, I took out all my CFA books and notes and cleaned them up so that I can start studying right away if I fail. Fortunately, I passed, but had I failed, yes it would suck and I would be pretty pissed right now, but at the same time, I would be twice as motivated to pass it next time.

I know there is no comfort to this, but like everyone else pointed out, get over it and get back on the game (i.e., get back to your books).

Lots of bad things happen to people in life -- an athlete can get into an accident and lose a foot or arm, a young sister may die from cancer (mine did), and people get divorced and /or cheated by their loved ones (has not happened to me yet fortunately). Failing L1, as bad as it might be, is peanuts compared to that; even you've got to admit that!!!

So chill, have a drink, and get ready to study with us for the June 2008 LII exam, because that's what you will be doing once you find out in February 2008 that you have passed the December 2007 L1!

-ron-



Edited 1 time(s). Last edit at Tuesday, July 24, 2007 at 07:44PM by ronyusa.
 
trader, I got owned my first time around as well but crushed it on round two. I also agree with the words of encouragement above. A few additional comments:

No one's telling you not to feel bad, it can't be helped. You worked hard for something and it didn't pan out. The important thing is that within the next week, you take a deep breath and regroup mentally.

For me, the difference between failure and success lay in my study approach. When you've got an opportunity, consider posting a detailed description of the study approach you took, resources used, time spent, etc. and perhaps some of the good folks on the forum can offer guidance.

I wish I'd used these forums more during my preparation for LI and LII, you're already ahead of the game. Good luck, seriously, I'm already anticipating your joyous PASS posting come January.
 
Trader2112:

After reading your message I'm feeling for you. Hopefully you realize that it's just a test, life goes on and that there's always a tomorrow. Just remember, failure isn't about getting knocked down....it's about not getting up. No doubt the initial hurt stings and that you're a little bruised and battered. But that feeling will subside. Get back up on that horse...you'll be glad you did. All the best.
 
ppl might flame on me for this but I passed on my 3rd try...first time I didn't know what to expect...2nd time really stung bad cause I did the readings, questions and some practice exams. This time around I had a buddy to go over things with each week and I hung around this forum more. Lastly for motivation I printed out my failed score and just stuck it on my wall. Good luck to you come Dec. Trader2112...you've seen the test and you know it's doable.
 
cfasf1 Wrote:
-------------------------------------------------------
> i was you last december. bounce back. you can do
> it. you don't even have to buy new books.



same here, dont give up, its easy to fail even if you know the material just by screwing up when you write the test.
 
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