First mock..Total failure, not even 50%! Plz tell me it is normal:(

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chouet

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I finished my first reading of schweser notes and I just did my first 3h mock morning session: i knew most of the questions but i was very hard to remember the formulas or even the right answers.. the results were disappointing:(
I am starting to panic… i know i have almost 30 days to review and to do more exams, but is it normal??
 
Break your weaknesses down by subject. Then go into Qbank and do problems in that area.
 
yea. you are entering the phase: ”post-reading and pre-exam prep panic”.
It’s when you finished reading a ton of stuff, and realize how much you’ve forgotten as you start to review the whole thing.
 
Hey,
Don’t worry. You will need to start hitting the Qbank! Focus your attention on FRA, Ethics, Quant. FI, Equity. IMO they are the easiest to score big points. Do 120 questions from each this week.
When you’re doing you exam, you must read the question. Understand the question. Use logic and sense to think of the answer. You have the knowledge in your brain it’s just about accessing it. This exam is about FOCUS. It’s not easy for anyone, but if you FOCUS and concentrate you will score bigger points.
Get on with Qbank, read the answers and understand the concept and the logic. IF you have questions on the logic..feel free to ask them on this forum…everyone is helpful.
Goodluck, we all need it!
Pok
 
Are you doing small practice exams in the Qbank (25-50 questions) after every reading? This helps….I am only just finishing Book 4 (Schweser) but have been doing all the LO quizzes and reading quizzes along the way, so I am slowly building more knowledge on top of my previous readings. You have a enough time to go through the reading again and do the quizzes. This method helped me Pass CAIA Level II so I decided to stick with it.
 
As a word of encouragement, you only need to score around 70-75% of the 240 multiple choice questions correctly. This means, in the worst case scenario , you need to answer 0.75*240=180 questions correctly and that you can afford to answer 60 questions incorrectly. That comes out to be 30 questions per session that you can get wrong and still pass. So in a more realistic scenario you could probably answer 33 questions incorrectly per session and still pass…so focus on the biggies : ethics,equities,fra and so on..there is an ethics adjustment so keep that in mind too..there is still time but use it well.
 
It is normal to do very poorly on the first mock exam, but you have to do more practice questions if you want to pass.
You are going to have to spend at least 3 - 4 hours a day and 10 hours on the weekends doing end of chapter questions if you plan to pass in December.
Make a formula sheet TODAY and read at least once a day, twice would be better.
And try not to panic, you will draw a blank on the exam if you do.
 
Try not to panic my friend we are in the final stretch. Your results just mean you need to brush up on some formulas and review your strengths that you forgot.
 
I think you’re fine. You still have a ton of time to get your score up. Just don’t ease up
 
I got like 60% on the first Schweser test. It gets better as you get used to the questions.
 
Don’t worry at all. It’s very different knowing the curriculum and knowing how to answer the questions / score well on the exams. The more questions you do the more you’ll recognize what you’re being asked and how to answer them (and get used to understanding “which of these doesn’t change the least when B changes more than C” type mind bogglers).
I found that reading the CFAI EoC summaries then doing the Q’s really helped me ensure I had a good understanding of most areas before I got cracking on the mocks, if I did horribly in a section then I skim read the chapter again. Also it sounds simple but make sure when you’re checking your answers you read those Q’s/Ans you got wrong and understand why. Also if you’re not sure on a question and have to guess then put a mark next to it and read the answer even if you guess right – this stops you missing out studying something you don’t understand fully.
Big tip as well: Read the Schweser quicksheet everyday until you’ve pretty much memorized the whole thing. You will eventually and it will be worth it.
 
Yes don’t underestimate the value of EOC summaries from CFAI..many qualitative questions seem to be constructed directly from these summary points…at least they used to be!
 
nigelnyc wrote:
Are you doing small practice exams in the Qbank (25-50 questions) after every reading? This helps….I am only just finishing Book 4 (Schweser) but have been doing all the LO quizzes and reading quizzes along the way, so I am slowly building more knowledge on top of my previous readings. You have a enough time to go through the reading again and do the quizzes. This method helped me Pass CAIA Level II so I decided to stick with it.
Click to expand...
 
No, I didnt hit the Qbank yet.. because i started studying late, my focus was to finish the first reading then hit the qbank and mocks..
 
rtcol88 wrote:
Don’t worry at all. It’s very different knowing the curriculum and knowing how to answer the questions / score well on the exams. The more questions you do the more you’ll recognize what you’re being asked and how to answer them (and get used to understanding “which of these doesn’t change the least when B changes more than C” type mind bogglers).
I found that reading the CFAI EoC summaries then doing the Q’s really helped me ensure I had a good understanding of most areas before I got cracking on the mocks, if I did horribly in a section then I skim read the chapter again. Also it sounds simple but make sure when you’re checking your answers you read those Q’s/Ans you got wrong and understand why. Also if you’re not sure on a question and have to guess then put a mark next to it and read the answer even if you guess right – this stops you missing out studying something you don’t understand fully.
Big tip as well: Read the Schweser quicksheet everyday until you’ve pretty much memorized the whole thing. You will eventually and it will be worth it.
Click to expand...
 
I guess you are right.. reading the formula sheet everyday is crucial.. Thx for the other tips too
 
It’s not a great sign but still very commonl. You need to study harder and work a lot of problems. By exam day no problem should look really unique to you if you are prepared well. It should almost be like muscle memory. “ah one of those, sure.”
 
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