Your no-nonsense guide to acing the Series 7 exam Unlike many standardized tests, the Series 7 exam is harder than it seems. Luckily, there's Series 7 Exam For Dummies - the trusted guide that shows you how to think like a financial advisor and the test designers. Rather than bogging you down with textbook theory and explanations, this guide cuts to the chase, covering only what's on the test, offering formulas, tips, and basic info you need to study. Let's bond - get a grip on the securities (stocks and bonds) that form the foundation of an investor's portfolio Investments with a twist - understand the many strategies for buying and selling securities, like margin accounts, limited partnerships, and options Know your role - discover the stockbroker's role in scrutinizing a customer's account, monitoring market conditions, and making appropriate recommendations that meet the customer's individual investment goals Practice makes perfect - take a two-part practice exam containing 125 questions in each part (to simulate both three-hour portions of the actual Series 7 exam), complete with answers and explanations Open the book and find: An introduction to the Series 7 exam Ways to develop and stick to a study plan What to expect on exam day Plain-English explanations of everything you'll encounter on the exam Ten common traps to avoid A practice test that simulates the actual Series 7 exam Helpful guidance on how to start your career off right Go to Dummies.com®for videos, step-by-step examples, how-to articles, or to shop! Learn to: Get a handle on material specific to the latest edition of the exam Understand the formulas and information you need to know Ace the exam and start your career.