Connect with us

Hot!

Learn forex trading for financial sustainability …Yaw Swinger advises youth

● 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.

Advertisement

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.

Advertisement

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.

Advertisement

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.

Advertisement

“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

Advertisement

 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.

Advertisement

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.

Advertisement

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

Advertisement
Continue Reading
Advertisement

Hot!

Many SOEs have been used as mere instruments for personal wealth accumulation –Pres.Mahama

President John Dramani Mahama has expressed concern over the misuse of State-Owned Enterprises (SOEs) for personal financial gain by individuals in leadership positions.

Speaking during a meeting with Chief Executives of specified entities under the State Interest and Governance Authority (SIGA) on Thursday, March 13, the President directly attributed the dire state of SOEs to their leadership, accusing chief executives, management teams, and governing boards of prioritising personal enrichment over organisational efficiency.

He pointed to bloated budgets, unjustified allowances, and unnecessary expenditures as factors draining public funds while SOEs continue to rely on government bailouts.

“Many SOEs have been used as mere instruments for personal wealth accumulation by appointees. The chief executives, management, and boards of these enterprises are responsible for this situation. Some SOEs have become perennial loss-makers, draining public funds with bloated budgets, unjustified allowances, and unnecessary expenditures while relying on government bailouts as if entitled to them. Many of these entities are at their lowest point in the entire history of the Fourth Republic,” he said.

Advertisement

President Mahama further noted that many SOEs have been plagued by inefficiencies, corruption, and mismanagement, leading to consistent financial losses. He cited the 2023 State Ownership Report by the State Interests and Governance Authority (SIGA), which highlighted systemic inefficiencies and wasteful expenditures within these entities.

He therefore reaffirmed his commitment to reforming under-performing SOEs and ensuring they serve national interests.

He warned that loss-making SOEs will no longer be tolerated and will either be merged, privatised, or closed.

“I will assess you based on your performance. If you do not align with the pace of the reset agenda, you may be asked to step aside. If that adds to the horror movie, so be it,” he added.

Advertisement

Source: Myjoyonline.com

Continue Reading

Hot!

Prophet Courage Heavens set to launch ‘Predestination’ book on March 23

Prophet Courage A. Heavens is set to launch the much-awaited book titled ‘Predestination’ on Sunday, March 23, 2025 at 5:00PM.

The launch, which is expected to impact lives, will take place at Crossgates Ministries, Flattop, off N1 Highway, opposite Angel Hauz.

The book is aimed at addressing the way people struggle to understand how free will and destiny align.

It is also aimed at providing clarity on God’s sovereignty and one’s place in His divine plan.

Advertisement

The various chapters of the book address various issues through scriptures and personal stories.

Committed to impacting society, part of the proceeds from the book will go into Courage Heavens Education Legacy (CHEL), an educational foundation transforming lives.

CHEL is dedicated to providing financial support and mentorship to brilliant but needy students, ensuring they have access to quality education and opportunities for a better future.

Prophet Courage Heavens is a prolific writer and previously authored Eli Eli Lama Sabachthani, a powerful book that encourages unwavering faith in times of trials.

In addition, he has written seven more prophetic and life-changing books that are yet to be published.

Advertisement

He is dedicated to raising the next generation for impactful ministry. As the leader of Crossgates Ministries, he nurtures believers in faith and purpose.

Continue Reading
Advertisement

Trending