Is it a sure fire way to fail? I waste a tremendous amount of time trying to understand the myriad of formulas and various presentations in this crap, and even when i do finally understand it, it leaves my memory a few weeks later (or sooner). I feel like i can cover 2 entire books again in the amount of time it takes me to review this garbage, it just seems time inefficient to keep spinning my wheels on this shit. I am pretty strong in equity/FSA, i haven’t scored < 70 on a schweser mock yet (albeit i feel like im guessing quite a bit), is it an absolute must to keep fucking with these god awful swaps/FRA/swaptions etc?
Just take the time to sit down and focus on them one day towards the end of your studying - after your exposure to multiple mocks, samples, and EOCs, you’ll have a better idea of what you need to focus on and it will stay fresher in your memory.
just understand the basic…the futures/forwards formulas are all the same really (with exception of FRA and currency). but currency is known because of what was covered in ECON. I’m doing Derivates 2 tomorrow…