Interest rate swaps

Solving interest rate swaps are really tough with currency rates.  Without the currency rates, I can solve them no problem.  But with the currency rates, I'm not sure whether to use the bid or ask for payer swaption or receiver swaption. 

FRA

The last couple days I focued on FRA.  The more I read, the more I feel like I don't know much.  There is just so much to FRA.  I thought I had the current rate method and the temporal method in the bag but after today....... no way.  oh boy all this stuff just got me into another panic mode. 

I will be taking another AM and PM mock on monday.  I am going for 75 this time.  It will be a huge jump but I know it's doable.  I can do it.  Push hard these last few weeks and let's finish strong!!

MOOOck

I took second mock exams yesterday.  I got in the high 60s.  I have made couple dumb mistakes where I knew the answer but wrote the wrong answer down.  Another good thing going for me is that I am finishing these mocks in about 2 hours 15 minutes.  I will spend 10 minutes bubbling in the answers leaving some time to check and review my answers. 
I need to really work hard on equity FRA and derivatives.  I am in a slight panic mode now.  I have studied a lot and yet I am not scoring above 70.  I will review this mock, re-study the readings that is giving me hard time and take some Qbank exams.

take mocks
study the readings I missed on the mock
write em down
study again
take mocks

In between I will solve some sample problems in the book.  Then I will do the EOC questions for the last time starting May 1st while doing mocks and/or Qbank.

CFAI samples

I went over the missed questions from the mock exams I took.  I have also been doing CFAI sample questions for quant, econ, and FRA.  Tomorrow I will take CFAI mock exam.  I really hope I can get a 70%.  I know it's a big jump from a 60% but I know I can do it.  70% here I come!!

The problem that bothers me is the triangular arbitrage with bid-ask spreads.  This thing is crazy complicated.  I can solve triangular arbitrage with just one price (without bid-ask). 

Schweser Mock

OH NO!! I took the Kaplan mock 1 AM and PM today.  It was an epic fail.  I scored 60% for both exams.  All this time I have been doing the CFAI EOC questions.  I went through it 4 times.  But from now on I will focus on Kaplan mocks and CFAI mocks.  I need to learn the problems I missed and reread those sections.  This was quite disappointing =(