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Passtrak Series 3: National Commodity Futures Exam: License Exam Manual

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Title: Passtrak Series 3: National Commodity Futures Exam: License Exam Manual
by Dearborn Financial Publishing
ISBN: 0-7931-2865-X
Publisher: Dearborn Trade Publishing
Pub. Date: February, 2001
Format: Paperback
Volumes: 1
List Price(USD): $121.00
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Average Customer Rating: 2.6 (5 reviews)

Customer Reviews

Rating: 4
Summary: Crude but effective
Comment: This book will help you pass the test. I read the book once, took all the practice tests and got a 93% on the actual exam. If you study the material you will pass. Don't expect a literary masterpiece nor expect to be an expert in the futures industry and you won't be disappointed.

Rating: 1
Summary: Training in house brokers with this is impossible
Comment: We are a commodities brokerage firm, liverpoolgroup.com, that trains in house brokers, and now other company's trainees, on passing the series 3. This book is impossible. It is not appropriate or conducive to any type of learning about futures and someone using this book may actually run afoul of compliance issues if they claim to have used this guide for learning.

If you are interested in better resources on learning how to pass the Series 3 don't hesitate to contact me.

Rating: 1
Summary: Buy something else if you can...
Comment: Buy this book at your own risk. I bought this in spite of the two reviews above and have regretted it. It may be enough to pass the test, but you will be extremely frustrated using it for you primary study guide.

Frustration #1: You read a few pages and take a quiz. The problem is the material you just read didn't cover the information! (This happens on about every mini quiz and especially on the sample exam tests.) You have to assume the answers to the exam are correct and use those questions to learn from.

Frustratin #2: Repeated questions in the same exam, quiz etc. Absolute stupidity! One exam of 120 questions had 4 or 5 repeats!

Frustration #3: On the Sample final exams, you get the answers and explanations given to you with a reference to the page number in the book where the material was covered. When you go to that page, You often find that the material was never there. I wasted time trying to find the information in the study material but finally gave up and assumed the answers and explanations to the questions were the only place where the material is covered.

I will probably pass the exam because I have a knowledge of the industry already, but if you are taking this without a vast array of experience already, Good Luck you will need it.

(If I fail the test, I'm think about sending Deerborn a bill for the book and also for the testing fees!!)

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