Vote of Confidence failed, practice, difficult

karoliukas

Hey guys just a vote of confidence here, I took 2 CFAI sample exams and passed one with a 73 and failed the other with a 63. Took 2 CFAI mocks and failed them both with a 69. Was averaging mid 60's to mid 70's on Stalla practice exams and scored a 76 on the Stalla Mock and I passed Level 1 in December.

You'll see the exam isn't as difficult as some of the practice tests make it out to be. The questions will be very clear and easy to read. If you studied and read the text, you'll be surprised how much you actually remembered from the readings.

Keep in mind you do not need to know everything just 70% of the material, so stay confident and if you think you're failing the test, you're prob doing better than you think.

Good luck!

JoeyDVivre

Posts like this are like gold!

Thank you..

waldziuchna

very encouraging .. THANKS!!

JRossSter

Thanks JP_RL_CFA. I must say studying for a test without knowing exactly how much you need pass is something new to me.

JPSem

Thanks JP!
I'd like to know when was the last practice exam you took while preparing for L1? Week before the exam? Day before?

Jolyn

I think I took that last CFAI mock on the either the wed or thursday b4 the test. It totally crushed my confidence because like I said I got a 69 on it lol. But it all worked out I guess.

I remember the AM session all I was thinking was wow I'm doing it, I'm passing this exam. I couldn't believe how straight forward it was. However, the PM was like 10 times harder lol. But that's when you have to remain calm and make sure you don't waste too much time or brain power on one question. B4 I knew it I was done with the test with like a little less than an hour to spare and thought that the PM section wasn't as hard as I once thought.

I struggled with time on all my practice exams but the real test in both the AM and PM session, time was def not an issue at all. I completed the AM part with over an hour to spare and the PM with like 50 min to spare.

You're all gonna do great and by this time next yr you'll be posting on the Level 2 forum and hopefully I'll be on the lvl 3 forum lol.

Like Olinto says, people do do it, patience, practice, persistence.

ramzes

Is the PM session much tougher than the ones in Schweser Book 7?

homie

The Schweser exams were a bit more difficult than the actual when I took it '06. My highest Shweser score was around 67-69 (did not break 70%). On the actual I got over 70% on all topics except 50-70 in economics (worth 10%) and <50% in derivatives (worth 5%)

leadcfa

I am just going to write something random here so I can move this back to the top of the list. Honestly, a great post, and a really solid point. Use the study guides as tools. Getting a 61% on a mock exam doesn't man you auto-failed, in fact it means you have a solid chance of passing....don't give up, just keep at er. Take those inches.....or someone else will......

studyn

Pretty straight forward... or at least I thought so immediately after the exam... have learned I made at least a handful or two of dumb mistakes... just hope and pray it does not cost me.