Wiley Series 3 Exam Review 2016 + Test Bank: The National Commodities Futures Examination (Wiley FINRA)
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The go-to guide for the Series 3, with practice, examples, strategies, and more Wiley Series 3 Exam Review 2016 + Test Bank is a comprehensive study guide for the FINRA Series 3 exam, which qualifies candidates to sell commodities or futures contracts. Created by the experts at The Securities Institute of America, Inc., this useful guide provides the information and practice you need to ace the exam. The book is designed to help you build and fine-tune your knowledge of each subject area covered, giving you the confidence you need to perform at your best. Work through review questions, study examples, and develop a strategy for the exam itself. You'll even find guidance toward effective studying methods that allow you to enter the exam fully mentally prepared. The National Commodities Futures Examination (Series 3) tests your knowledge of rules and statutes applicable to the markets. This intense two and a half hour test is a must for aspiring financial professionals, as passing means registration to conduct business in commodity futures and options. This book provides a valuable opportunity to test your knowledge and bring weak areas up to par, with complete coverage of exam topics. Review practice questions taken from each subject area covered by the exam Study hundreds of examples to clarify complex concepts and techniques Gain insight into the best strategies and tips for taking the Series 3 Develop an effective study plan to stay focused and keep stress to a minimum Although the exam is entry-level, the stakes are high and the subject matter is complex. Don't muddle through it alone and assume you're prepared – this guide helps you be sure. For the Series 3 candidate serious about success, Wiley Series 3 Exam Review 2016 is your ticket to passing with flying colors – the first time.

File Size: 1848 KB

Print Length: 219 pages

Page Numbers Source ISBN: 1119110645

Publisher: Wiley; 3 edition (December 1, 2015)

Publication Date: December 1, 2015

Sold by:  Digital Services LLC

Language: English

ASIN: B018YY2KZQ

Text-to-Speech: Enabled

X-Ray: Not Enabled

Word Wise: Enabled

Lending: Not Enabled

Enhanced Typesetting: Not Enabled

Best Sellers Rank: #663,129 Paid in Kindle Store (See Top 100 Paid in Kindle Store) #71 in Kindle Store > Kindle eBooks > Business & Money > Investing > Futures #103 in Kindle Store > Kindle eBooks > Business & Money > Investing > Commodities #246 in Books > Business & Money > Investing > Futures

It's difficult to describe in polite language how bad this book is. It is full of typos and leaves out a lot of critical information. When you are tested, you will come across numerous important terms never mentioned in this book, especially regarding regulation. The online prep test is just as bad. Again, there are numerous typos, awkwardly worded questions, and even better, questions with incorrect answers. The questions in the test bank were clearly generated by computer and not proof-written. Some of the test questions are such a jumble of words and grammar they make no sense at all. There are many duplicate questions. Also, the practice questions are too easy; the level of difficulty is much higher on the actual exam. As an industry veteran I was able to muddle through and pass the exam despite this book, but a newcomer will be woefully under-prepared if this terrible book is their only study material. This is a very expensive book, but the editors of this book and prep test should be embarrassed regardless of the price. Please don't buy this book. One other note: the title of this book is updated every year to reflect the current year, so whenever the title changes, all the prior bad reviews go away. Go look back at the reviews for the 2015 edition and you'll see similar comments to mine. I wish I had done that.

Background info: Having worked as a Futures Trader outside the US, I wasn't required to write the Series 3 exam. Recently, I applied to a few futures trading positions in the US and thought it would be a good idea to write the exam just in case. Aside from the regulation chapter, I was already familiar and comfortable with the concepts explained in this book.Book review: It's a good book overall. It explains concepts well without over-complicating them. However, for the price you pay, and the fact that they release a new edition every year, it's such a shame that there are errors in the book. I'm not talking about grammatical errors or typos because that's not the end of the world when you're reading text book material; there are complicated concepts that the book explains incorrectly! To be fair, there are very few of these errors, but there shouldn't be any at all! Even one is too many. If you don't have a strong background in Futures you will not catch these errors, and if you do, you will waste valuable time questioning yourself and making sure you are right because the book says otherwise.Overall, I still recommend this book. It's a bit pricey if you buy the paper version, so I bought the kindle version. I enjoyed reading it and it explains concepts clearly (except for the few errors I mentioned above).

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