As most of you probably know, Iām still pretty much a newbie and Iām still trying to get a better understanding of forex and how it works. So I kinda tend to grab every opportunity I see to learn more about it. I found this free Forex seminar on FB and I excitedly signed up.
I was just wondering if you guys have attended anything like this?? What are your thoughts? Hmm. Not sure if Iām allowed to share this but itās Learn To Trade Forex Philippines. Kinda hard to find Filipinos who are also into trading so I thought this might be a good opportunity to meet some.
Donāt take any I.d. with you, nor credit cards, nor cash.
That way if they try to pressure you to sign up to anything afterwards you wonāt have bank details or proof of who you are.
āFree forex seminarā is normally a euphemism for āsales pitchā.
And itās often a euphemism for āsales pitch for something so overvalued that we canāt possibly sell it any other wayā.
I hope you enjoy it and find some value in it, but Iād suggest not signing up for anything else from them at the time, and ESPECIALLY not for anything thatās a ātime-limited special offerā: if they put time-pressure on you to buy anything, thatās almost a guarantee that they canāt sell it any other way, which tells you something worth knowing.
Thank you so much everyone who replied to this question! Sorry for just replying now. But thank you so much for warning me too.
Just to give you guys an update, I tried inviting a friend of mine to come with me (BAD IDEA I KNOW ) because I did not want to travel alone. Upon mentioning it, he immediately warned me. He told me that heās heard of them before and theyāre definitely not good things! I shouldāve checked your replies right away.
Thanks eddie! I havenāt thought of this before. But good thing I wonāt have to do it because Iām not gonna attend it
I guess I just hit an impatient moment and I wanted to speed up my learning. But then, my friend told me all about the costs and the false promises, and realized that Iād rather do it slowly but surely.
Thank you so much, lukas! Expectedly, you guys are right. Iām not really one to spread rumors and all that so I wonāt go into detail about their āactivitiesā but Iāve been told that these free seminars are really just sales pitches used to lure people who want to learn.
Iām so thankful to you guys for enlightening me!
I guess most of us have been to at least one of them in our time @ria_rose - worth the experience as long as you donāt get āSucked inā by the hype
Haha. Did you learn anything from the seminars you attended? Ugh. It just seems like a really promising way to learn faster! No wonder a lot of people get āsucked in.ā Good thing my friend and you guys warned me.
Yes ria - I did, I met some interesting people and was introduced to a forum I was active on for some years until it went defunct. I also learned that āLevel 2ā existed and that some people traded S&P through it.
Never did find a way in myself at a reasonable cost though !
I learned that some people were spouting with complete confidence and belief, about things which were of doubtful value and that if they spoke with enough confidence, there was nobody prepared to question what they were saying, especially when they have ready prepared charts - cherry piced to back up what they say.
interesting day out, but I can be quite resistant to āThe hard sellā - in fact I deliberately went to a āTime share presentationā in Tenerife many years ago, just to āGet a feelā of teh tactics employed. - We got picked up in a horse drawn carriage, treated like VIPs and moved from one "specialist sales person to another as we got āSoftened upā.
At the end, when I said āer NO !ā - we were shouted at and abused for āwasting their timeā ! even though at no point did we express any psitive interest at all ! - Had to insist quite hard that we got the āComplimentary bottle of champagne - just for goingā which waspromised, - and we had to walk home to the hotel !
Usually, some brokers are willing to provide beginners some free lessons. However, such readings should be easy to get access by web visitors without paying anything. But for a seminar, if you are a beginner, what are you expecting in there? You probably got nothing to share or discuss with others. And you may be misled by others easily. The best way is start with watching some basic videos or books or anything helpful.
Hahaha. The true test of oneās ability to say no is attending a Timeshare presentation!
Would have been interesting to see if youād also have the ability to say no. Ha! Would have made for an interesting story but I suppose itās a bit too risky.
Thatās a really interesting story. Good thing you were strong enough to say no after the āsoftening upā they tried to do. Good job fighting for that champagne too! Haha. Iām afraid that I wouldnāt be as strong if I were to be put in that situation.
Just curious. Donāt you ever wonder what wouldāve happened if you said yes? Hahaha.
So I kinda tend to grab every opportunity I see to learn more about it. 
Kinda hard to find Filipinos who are also into trading so I thought this might be a good opportunity to meet some. 
He told me that heās heard of them before and theyāre definitely not good things! 
I shouldāve checked your replies right away. 
I havenāt thought of this before. But good thing I wonāt have to do it because Iām not gonna attend it 
Good thing you were strong enough to say no after the āsoftening upā they tried to do. 
Haha. Iām afraid that I wouldnāt be as strong if I were to be put in that situation.