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Learn forex trading for financial sustainability …Yaw Swinger advises youth

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● Yaw Swinger

● Yaw Swinger

One of Ghana’s top-notch forex traders, Tetteh Nana Yaw Prince, affec­tionately called Yaw Swinger in the forex trading circles syas it is was important for individuals to delve into forex trading, cryptocurrency and stock trading as a viable alter­native to generate income which has the tendency of reducing economic hardship.

The forex trader told The Spectator in an interview that acquiring financial liter­acy is an essential tool that enhances one’s survival and impact to society by adding their quota to national devel­opment.

Yaw Swinger has educat­ed both the youth and old in forex trading for the past eight years.

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He explained that his strategy has come to help those who are struggling with doing technical analysis, hence they do not need either technical or fundamental analysis in their forex trading approaches.

“All they need is what I have created called Yaw Swinger’s Directional Bias (YSDB), which is popularly known as the Dbee’s strategy because of its nature of being a stress-free approach in the forex trading endeavour,” he explained.

Starting Forex Trading

When contacted Yaw Swinger told The Spectator that, in 2012 when he was at the University of Ghana, Legon campus, he started forex trading with five friends to enable them get funds and also show others the light.

“Together with my friends around 2012, we started our own company that we named Brex Forex, but along the line, we were all sharing different ideologies so it was important for us to go solo and try to give our impact the best way we can,” he explained.

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Teaching the strategy

Yaw Swinger has been holding seminars and teaching the youth about the need to delve into forex trading. He has a mentoring section on In­stagram with 22.8K followers who are tapping and learning strategies to excel in their prospects as forex traders.

Yaw Swinger said forex trading is a process and one must not be overwhelmed with the luxury it comes with but instead work indefatigably to maintain a good strategy to always become successful.

He said Forex Trading is a good endeavour for the youth in these hard times because forex have very good pros­pects for an individual and it is never a risky venture.

He told The Spectator that with forex trading one must always believe in his or her strategy in the trade through price scale and good strategy. He said it is easy to break­through in the forex trade since it comes with emotions.

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Admonishment

For him, it is very import­ant for individuals to invest in forex trading instead of spending by always finding professionals to provide guid­ance.

According to him, one must endeavour to take risk because luxury is only en­joyed when risk is taken.

The Successful Forex Trad­er revealed that for one to start forex trading, it requires the right skills, and good strategies always bearing in mind that it takes time to grow.

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“One does not need too much capital to start forex trading. As a trader, if you cannot manage a minimum of $100 account, then you can­not manage a $1000 account or more,” he said.

Background and Education

Born to Madam Vivian Boadi and Mr Bismark Tetteh, Yaw Swinger is patrilineally a Krobo and matrilineally a Fante. He has two sisters and a brother who all grew up at Pig Farm.

He said “I’ve been the type who likes Mathematics a lot right from Primary to Uni­versity.” He attended Dzorwu­lu Junior High School popular­ly known as JUSEC and later proceeded to Aggrey Memorial Zion Secondary School in Cape Coast where he read Business

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 with options in Elective Mathe­matics, Econom­ics, Accounting and Business Management, and complet­ed in 2012.

Having passed his West African Second­ary School Certificate Examination (WASSCE), Yaw Swinger first gained admission to study Business Administration at the University of Ghana.

Ordeals

Yaw Swinger became a popular ice-kenkey seller known as “Survey Special” which he sold and generated income to support his educa­tion.

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By dint of hard work, Yaw Swinger accrued money from the ice-kenkey business and started a professional services company dubbed Maids and Colours which linked prospec­tive services to clients who were in need of their services including cleaners, painters, laundry among others.

So he acquired skills in graphic designing, he started designing for entities making logos and contact cards among others to enable him take care of himself throughout his university days.

Interests/Appreciation

As an entertainment enthusiast who is currently managing a musician he is also a Building Contractor who has constructed roads, parks among others successfully.

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The Fufu and noodles lover is a Rastafarian who speaks English, Chinese, Ga, Twi, Hausa and partial Ewe. He loves football, tennis, skating, swimming and comedy.

He commended his team for their staunch support including Kemma Trades and Nana Yaw Fx for helping in providing financial literacy to the Ghanaian youth and others through training.

By Alfred Nii Arday Ankrah

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State closes case in missing US$2M ‘Sky Train’ matter

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The prosecution has officially rested its case in The Republic v Solomon Asamoah & Another, the high-profile legal battle commonly referred to as the “Sky Train” case.

The Deputy Attorney General Justice Srem Sai announced the development, praising the state’s team of hard-working prosecutors for successfully anchoring the state’s evidence before the High Court.

The criminal trial centers on the former Chief Executive Officer and the former Board Chairman of the Ghana Infrastructure Investment Fund (GIIF).

The duo stands accused of illegally authorizing and paying out US$2 million to a foreign company without obtaining board directives or other mandatory statutory approvals.

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State investigators have confirmed that the disbursed millions cannot be found.

Following the closure of the prosecution’s case, the accused persons moved the court for an opportunity to file a submission of no case.

The presiding judge granted the application, ordering the defense to submit their arguments by June 8.

The outcome of the June 8 filings will decide the fate of the trial:

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With this, if the judge finds the defense’s submission convincing, the accused will be acquitted and discharged however, If the judge dismisses the submission, the court will order the accused officials to take the stand and explain why they should not face prison sentences.

By Edem Mensah-Tsotorme

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Sammy Awuku mourns demise of Akuapem North NDC Constituency Secretary Isaac Batsa

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Member of Parliament for Akuapem North, Sammy Awuku, has expressed deep sorrow following the sudden passing of Isaac Batsa, the constituency secretary for the opposition National Democratic Congress (NDC).

The New Patriotic Party (NPP) lawmaker issued a statement on Tuesday reacting to the news, which has shocked the local political community.

Mr.Awuku praised the late NDC secretary for his bipartisan approach to local governance.

He noted that despite their different political affiliations, Batsa consistently rose above party lines to serve the constituency with diligence.

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The MP revealed that the news was particularly shocking given that he had last interacted with Batsa just three days prior on Saturday.

Concluding his statement, Sammy Awuku extended his heartfelt condolences to Batsa’s family, the constituency and regional executives, and the entire NDC fraternity, wishing the deceased peaceful eternal rest.

By Edem Mensah-Tsotorme

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