Award-Winning Series 3 Test Prep in Ann Arbor, MI

If you're ready to invest in formal Series 3 test prep, Varsity Tutors can refer you to a private Series 3 class to help you pursue your professional goals. The Series 3 - National Commodities Futures Exam is required to earn a license to sell and trade commodities in the United States. If you are ready to take your Series 3 prep to the next level, let us connect you with Series 3 tutoring today!

One of the most important aspects of Series 3 prep is developing a familiarity with the test's structure and content. The exam consists of 120 multiple-choice questions administered over a testing session lasting two-and-a-half hours. A four-function calculator and dry erase boards will be provided for your use, but you are not permitted to take any other materials into the testing lab with you. Since the exam is timed, you might want Series 3 tutors to show you how to efficiently use these tools to your advantage.

If you're curious about the topics you might review in a Series 3 course, the list below highlights some of the exam's core concepts:

Series 3 Topics (non-comprehensive)

• Futures and forward contracts
• The Structure of Futures Markets
• Hedging Theory
• Speculative Theory
• Futures terminology
• Options terminology
• Margin Requirements
• Option Premiums
• Offsetting Contracts, Settlements, Delivery
• Options Exercise, Assignment, Settlement
• Market/stop/stop-limit/etc. orders
• Technical and fundamental analysis
• Short and long hedging
• Spread trading
• P&L calculations for speculative trades
• Option Spread Strategies
• CFTC registrations/NFA membership
• FCM/IB Regulations
• Arbitration Procedures
• NFA Disciplinary Procedures
• CFTC Commodity Exchange Act Enforcement

Private Series 3 test prep affords you the luxury of spending as much time as you need on every topic. For example, a student who has a hard time with options terminology might incorporate flashcards into their Series 3 prep. Alternatively, you might want to review sample problems concerning long-term hedging during your Series 3 test preparation to get more comfortable with them heading into exam day. Regardless, large Series 3 classes are often unable to cater to an individual's needs the same way private Series 3 test prep courses can.

Similarly, Series 3 test prep may be adapted to your preferred learning style. If you are a hands-on learner, your instructor might incorporate real-world examples into your Series 3 prep to illustrate the most important concepts. Likewise, an auditory learner might want a Q&A discussion format to make it easier to retain information.

Working with a private instructor also ensures that any questions you have may be addressed immediately. In fact, some students find it easier to ask a private tutor for help than a classroom instructor responsible for a group of students. This can be important, as correcting any misunderstandings before they spiral out of control can be beneficial.

Varsity Tutors also tries to make Series 3 preparation as convenient for you as possible. Our proprietary Live Learning Platform utilizes powerful features such as a virtual whiteboard to facilitate digital study sessions, giving you the benefits of face-to-face instruction without the logistical nightmare of meeting up in person. Likewise, we try to match every student to a tutor who fits their scheduling needs for added convenience. We believe that nobody should stop living their life because they are preparing for a test and design our products accordingly.

If you would like to learn more about the benefits of one-on-one Series 3 test prep, reach out to Varsity Tutors today. Educational Directors are standing by to assist you in any way they can!