4 Benefits of Attending a Forex Training Seminar

You’re ready to take your day trading efforts to the next level, and you’re following the markets like a hawk. But what’s the next step? How can you truly elevate your returns and start making a real profit? You might consider a Forex trading seminar.

Trading seminars are like short courses that include lectures, live trading sessions, and Q&As with experienced Forex traders and teachers. For you, a trading seminar might be the perfect fit. For starters, there are online and in-person options; you can have the flexibility of attending from your own home. And seminars aren’t as time-intense as day-trading courses, which although great, might require a commitment of week or more of your time. Finally, seminars are perfect for connecting beginners with experts.

Still on the fence? These four benefits of attending a Forex trading seminar might change your mind:

Network with Fellow Day Traders

Day traders at all levels – from beginners to experts – attend Forex training seminars. Why? They want to learn and expand their knowledge. For you, that means you have an opportunity to connect with Forex traders who are more experienced than you. That’s extremely valuable in and of itself. Having someone you can connect with for advice or meet for coffee to discuss strategy can help you improve faster.

Yet, you’ll also have the opportunity to meet traders with differing strategies and ideologies. Sometimes, hearing another perspective or a different take on trading can make all the difference, helping you to expand and enhance your Forex returns.

Accelerate Your Forex Learning

Forex trading is not a get-rich-quick investment opportunity; there’s real risk involved when you invest in currency trading. That’s why it’s critical for beginners and intermediate traders to continually expand their knowledge. A Forex training seminar can be a fast way to jump start your learning, and in the process, help you minimize your risk.

Plus, some Forex seminars focus on hands-on learning. They may provide attendees an opportunity to live trade in a safe environment. If you’re a person who learns by doing, live trading seminars can be eye-opening experiences, providing you valuable real-world experience with an expert close-by.

Ask Questions and Get Advice from Experts

As a beginner, chances are you have questions about Forex trading. Yet, it’s not always easy to find those answers on blogs or in books. The ability to ask experts and fellow traders questions is one of the greatest benefits of attending a Forex seminar. You get answers faster, but also have the ability to ask follow-up questions to further your understanding.

Additionally, many Forex training seminars provide in-depth knowledge of the latest Forex strategy, trends, tips and advice. So for you, not only can you learn from experts about the most useful strategies; you can stop and ask questions about something a presenter says.

A Low-Cost, No-Risk Learning Opportunity

Typically, seminars are more cost-effective compared to Forex courses. In fact, many Forex seminars, especially those hosted online, are free. And free is always great! But even Forex seminars that cost money to attend are typically a better value compared to courses. So if don’t have the time or funds to take part in a course, a Forex seminar might be a better alternative.

Have you changed your mind? Do you want to attend a Forex training seminar? Learn to Trade hosts a variety of seminars and Forex courses. Attend our Learn Forex Seminar to connect with experts and day traders, ask questions and accelerate your learning.

Something About Money You Don’t Know

Money- It’s the universal currency that all civilized human beings are familiar with. So what is money? Or precisely, How do you “see” money?

Money means differently to everyone.

It can represent power and authority.

A measurement of success or contribution.

Maybe happiness?

Perhaps, some see it as only a piece of paper and they earn it just so that they can carry on with their lives. Once exhausted, they will work to get more.

Now that you KNOW what money is, consider the difference between money and wealth. Money relates to your income where else wealth is define on the assets you have and how they’re being used.

True wealth has nothing to do with how much money you have in your bank or the car you drive. It’s the sense of well-being, knowing you are ‘rich’ – it does not need to be seen by anyone but just you.

As how many people view money in different ways, power, authority, happiness and so on – some also sees it as a ‘relationship’. Clarifying your relationship with money will determine whether money’s your master or slave – who’s controlling who.

So is your relationship with money is something stressful or a healthy one?

You see, if it’s giving you negative impact, no wonder you’re not striking gold. Your unconscious will want to ‘protect’ you from pain and push you to another direction. You’ve heard about this a million time so I’m not going to write more about it.

The only way for you to know the answer is to look in the mirror and face the truth – because all of us hated or feared money at one time or another in our life.

When I was broke, money meant a lot to me but that does not means I like it. I was in ‘pain’ because I didn’t have any. I was broke. But noted that I was never poor. You can take my money away and make me broke, but I will strive to stand up and play the game of money again – and win because I now know how’s the game is being played. How do you overcome disassociation with money? “ACCEPT” money into your life without fear or shame.

So if you want to be financially wealthy, don’t just sit and practice ‘law of attraction’? It’s more than that.

Here’s the combination to attract money:

Right Mindset + Right Attitude + A Solid Plan + Proven Techniques + Taking Actions = $$$ Into Your Pocket

Right mindset could be how to attract money into your life.

Attitude? Patience is a good starting point.

Solid plan will mean knowing what you want to achieve and how you’re going to get there.

Techniques are yours to choose.

Taking actions need no explanatory and this is the part that most failed.

So what does money mean to you and how do you make it to be on your side? Your homework for today is to know this and it’ll definitely make you become a richer person.

Span of Management

Also known as span of control, is a very important concept of organizing function of management. It refers to the number of subordinates that can be handled effectively by a superior in an organization. It signifies how the relations are planned between superior and subordinates in an organization.

Span of management is generally categorized under two heads- Narrow span and Wide span. Narrow Span of management means a single manager or supervisor oversees few subordinates. This gives rise to a tall organizational structure. While, a wide span of management means a single manager or supervisor oversees a large number of subordinates. This gives rise to a flat organizational structure.There is an inverse relation between the span of management and the number of hierarchical levels in an organization, i.e., narrow the span of management , greater the number of levels in an organization.

Narrow span of management is more costly compared to wide span of management as there are larger number of superiors/ managers and thus there is greater communication issues too between various management levels. The less geographically scattered the subordinates are, the better it is to have a wide span of management as it would be feasible for managers to be in touch with the subordinates and to explain them how to efficiently perform the tasks. In case of narrow span of management, there are comparatively more growth opportunities for a subordinate as the number of levels is more.

The more efficient and organized the managers are in performing their tasks, the better it is to have wide span of management for such organization. The less capable, motivated and confident the employees are, the better it is to have a narrow span of management so that the managers can spend time with them and supervise them well. The more standardized is the nature of tasks ,i.e., if same task can be performed using same inputs, the better it is to have a wide span of management as more number of subordinates can be supervised by a single superior. There is more flexibility, quick decision making, effective communication between top level and low level management,and improved customer interaction in case of wide span of management. Technological advancement such as mobile phones, mails, etc. makes it feasible for superiors to widen their span of management as there is more effective communication.

An optimal/ideal span of control according to the modern authors is fifteen to twenty subordinates per manager, while according to the traditional authors the ideal number is six subordinates per manager. But actually, an ideal span of control depends upon the nature of an organization, skills and capabilities of manager, the employees skills and abilities, the nature of job, the degree of interaction required between superior and subordinates.

Forex 12 Major Currency Pairs – What Are They & How Can You Profit From Them?

By sticking to the most popular pairs in Forex (called the MAJORS) you know you’ve got the most liquidity:

PAIR

CURRENCIES (NICKNAME)

EUR/USD

Euro / US Dollar (Fiber)

USD/JPY

US Dollar / Japanese Yen (Gopher)

GBP/USD

UK Sterling / US Dollar (Cable)

USD/CHF

US Dollar / Swiss Franc (Swizzy)

USD/CAD

US Dollar / Canadian Dollar (Loonie)

AUD/USD

Australian Dollar / US Dollar (Aussie)

NZD/USD

New Zealand Dollar / US Dollar (Kiwi)

Some currency pairs are more volatile than others. This makes them better to use in trades as they trend. The best currencies to trade are those of countries that are the major role players in the world economy (these are called “G7” countries). The G7 was formed in 1976, when Canada joined the Group of Six: France, Germany, Italy, Japan, the United Kingdom, and the United States.

You’ll see that the spread on the “major pairs” from the G7s is much lower than on less popular pairs from weak countries with chronic economic and political instability. Example: The spread on the EUR/USD is between 1.5 and 3 pips because the major countries making up the Euro Currency and the United States are BOTH G7 countries.

Take South Africa for instance. I think Nelson Mandela is a pretty cool guy. His story is a classic “Think and Grow Rich” example of a definite major purpose and definite desire having transmuted his dream to reality. But I DON’T trust the WACKO government that has evolved from the hatred not only of whites against blacks (apartheid) but also of blacks against whites. Change happened WAY TOO FAST IN SOUTH AFRICA and because of that it is now an unstable 3rd world political economy. The law of an equal or greater benefit will come of the political economic tragedy that is South Africa but it will be in the future as I write this.

Because of this the spread on the USD/ZAR pair is about 60 pips – 20 times more expensive to trade than the EUR/USD – reflecting the high instability of this African political economy.

The safest place to learn Forex trading is in the EUR/USD pair where a full 1/3 of all Forex trades occur. Then, after you know what you’re doing, you can venture out into other pairs on the list below. For instance, there are some CROSS PAIRS that are also good for trading. So when we add the two strongest CROSSES and delete the two weakest MAJORS from your list of TRADABLES above here’s an alternative group to trade:

PAIR

CURRENCIES (NICKNAME)

EUR/USD

Euro / US Dollar (Fiber)

USD/JPY

US Dollar / Japanese Yen (Gopher)

GBP/USD

UK Sterling / US Dollar (Cable)

USD/CHF

US Dollar / Swiss Franc (Swizzy)

USD/CAD

US Dollar / Canadian Dollar (Loonie)

GBP/JPY

Euro/Yen Cross (Geppy)

EUR/GBP

Euro/Cable Cross (Chunnel)

THE TRADABLE EIGHTEEN

There are many official currencies that are used all over the world, but there only a handful of currencies that are traded actively in the Forex market. In currency trading, only the most economically and politically stable countries have currencies that are traded enough to be liquid. For example, due to the size and strength of the United States economy, the American dollar is the world’s most actively traded currency.

Understanding Pruvit: Can You Really Make Money With Pruvit?

Pruvit was first registered in 2013 and offers a product line designed to help your body reach ketosis, giving you the ability to lose up to one pound per day, raise your IQ, and increase your energy. In addition to offering a product in which help your body enter ketosis, Pruvit also offers a business or income opportunity giving you the ability to make money from home marketing their product and company. First, what is ketosis exactly? Simply put, Ketosis is a condition your body is able to enter allowing you to burn fat rapidly and increases your metabolism. However, can you really make money marketing Pruvit’s company or their product?

The Thing: Most companies similar to Pruvit have a wide variety of products and many of them. However, Pruvit has only one product. They have based their entire company around this product and have scientifically worked to design this product to work to the best of its abilities.

  1. KETO//OS (Ketone Operating System) – This product is the sole of Pruvit’s product line. It’s essentially a drink mix with ketone energy technology designed to provide the body with macro nutrients giving your body the ability for cellular regeneration and stability along with enhancing the body of energy and focus and most importantly, burning fat and increasing your metabolism. You are able to get 15 servings of this drink mix for $85.00, being the minimum amount and price, and 75 servings for $350.00. You simply have to dissolve a pack of this product into cold water and shake it up insanely!

This product is supposed to do a good amount of things, here’s a few:

  • Provide rapid fat loss
  • Allow your body to passively gain strength
  • Allow your body better digestion
  • Increase your focus and energy
  • Allow you to enjoy better sleep
  • Provide your body with clearer, more healthy skin
  • Put you into a better mood overall
  • Increase brain activity

The Opportunity: In order to understand if people are able to actually make money from marketing Pruvit’s company or products, we have to take a look at their Compensation Plan. A compensation plan is simply how companies pay their members; every company in the entire world has one! Some pay minimum wage, others pay salary, and companies similar to Pruvit do it much differently.

There are around 5 different types of payouts that Pruvit offers in addition to 14 sub-payouts in each major type, such as Kick-Off Rewards(First 30 Days), Leadership Rewards, GamePlay Rewards, Partner Rewards, and Residual Rewards, we will examine only a few of the sub-payouts. I am going to try to keep this simple while still providing the information needed to know.

  1. Go Pro Bonus (Kick-Off Rewards) – Within your first 30 Days of being involved with Pruvit’s business or income opportunity you can receive a payout depending on your Personal Team Volume as well as your Team Volume. The higher those are, the more you get paid.
  2. Go Fast Bonus (GamePlay Rewards) – This payout is weekly, however, the promoter or distributor can apply for daily payouts as well provided they are experiencing great success. The Go Fast Bonus pays the enrolling or selling promoter for the first order place by other promoters of distributors that they have Personally enrolled.
  3. Dream Team Bonus (Leadership Rewards) – For members that have reached Rank 8, they have the ability to earn this annual bonus from other promoters/distributors’ that they have personally enrolled in which contribute to Team Volume. To keep it simple, if a promoter enrolls someone personally, and that someone contributes to Team Volume by purchasing product, the enrolling promoter gets a yearly payout. Keep in mind, in order to achieve this type of payout, you must reach rank 8. By the time you reach Rank 8, you will have much more than just one promoter in which you have personally enrolled, therefore, the payout could be quite enormous.

To Conclude, Yes, you Can make money by marketing the company Pruvit or their product.

The Cost: If you would like to get involved or affiliated with Pruvit’s business or income opportunity, you have to understand how much money that is going to take. Understand that this is a way for you to create a business all from home. If you were to create a Construction Company, you would need to pay a certain amount to get started. With that being said, don’t be discouraged to not join the company with that one reason alone. Opening a business requires money!

VIP Launch - In order to get affiliated with Pruvit and begin making money from home by marketing their company or products, you must purchase their VIP Launch Package for $350.00. If you become a VIP member of the company you will be able to get discounts on their product. For 15 Servings you will only pay $76.00 rather than the previous $85.00 and for the 75 Servings product you will only pay $133.00 rather than $350.00.

My Conclusion: Pruvit offers a product designed to strike your body into ketosis rather rapidly to increase your metabolism and burn fat. The product is unique but kind of pricey. They offer a business/income opportunity for those that would like to market their products or company. This opportunity has several different types of payouts and yes, you definitely Can make money from being successful by referring members into the business or by marketing their products and generating sales. The cost is pretty cheap, which makes sense. Most companies with a Start-Up cost are either cheap or expensive depending on how lucrative their compensation plan is. The compensation plan that Pruvit offers is nice but is going to require a good amount of work in order to start receiving huge payouts.

*Dustin Hale is NOT affiliated with Pruvit or their business/income opportunity