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The GMAT does not contain complex vocabularies that would stump readers. Most long passages are easy to deduce if you pay attention to the tones when you read them, even if you don't understand 1-2 words. When time is not a constrain, most people do get the answers correct for the reading comprehesion passages. The advice would be to read formal publications as much as possible to train yourself to not get flustered when reading a long passage. As for sentence corrections, they don't usually contain complex vocabularies.
This is not an intended insult, but it would help if you change your mentallity first by stop using slangs and spell out words. Your extensive use of abbreviation mislead people into thinking that you are not serious about putting your full effort into doing things correctly.
gmatnub Thanks for advice. I didn't think that such a thing would be a problem for me in the tests. But when i began to work with Princeton guide i was confused. Here is the sample.
"Standardized tests are a tremendous burden on all prospective graduate students, but they are necessary control by which all candidates are judged equally." It's a quote from Princeton's guide.
Imagine you don't know the meaning of "tremendous burden" (i didn't know). So you have to guess the possible meanings. And you will find several meanings close to each other, but slight different. For example:
1. They are not fair because they don't show the real compitance of the concrete person.
2. They are too complex. (What is not the same to "tremendous burden", but only implies that statment).
That was an AWA task(or it could be CR question), and in that case such things begin to play a big role.
If you read the statement, you can deduce that the phrase "tremendous burden" has a negative connotation.
Anyway, you can study the vocabularies from the GRE tests. Other than that, it is hard to give any useful advive regarding quick strategies since I personally think that "tremendous burden" are common words.
You should put serious effort into building up your vocabulary set because you will need it not just for the GMAT, but it will much more helpful when communicating your ideas with your peers/clients.