As I start Derivatives with my CFA Level 1 batch, I’d like to share some thoughts on how to approach the topic.
Quickly go over R60 (Derivative Markets and Contracts). Get a general idea about derivatives. Don’t spend time on the questions initially. Come back to the questions after you’ve done the other readings. The questions will make a lot more sense then.
Next do R61 (Forwards). The Curriculum only has 3 questions. Do them well. Also do questions from other sources such as Schweser. Continue reading