Education
Training
Deaching of the great explorer of the truth the builder
Training 200 NSS Personnel in Digital Finance
As part of the celebration of the world’s women’s day, WOMEN IN FOREX GHANA in collaboration with GELDEX INVEST is set to train 200 national service personnel in digital finance in the central region to broaden their employment scopes The theme for the World international women’s day 2022 dubbed ‘BREAKING THE BIAS,’ is most prevalent and accurate theme for the current pandemic situation today. It is a wake up call for women globally to venture into more challenging roles in all facets of life and breaking free from the gender stereotypes. A challenged world is an alert world and indeed the 21st century woman must gear toward building a pandemic proof career and livelihood, especially through the route of the Digital economy and not be perturbed by opposition. The digitalized front for decades has produced most opportunities to individuals that dared to challenge the norms of corporate career choices but delved into showcasing their various talents and skills online. From challenges/crisis comes changes, innovation and creativity, unfortunately Women globally especially in Ghana are under represented in the digitalized world and as such, WOMEN IN FOREX GHANA saw the need to use this special day for women to campaign and persuade women to challenge their status quo through learning and training in the area of financial literacy as a vehicle to financial and self sufficiency by indulging in digitalized skill set as Forex trading and not get caught up with stereotype of the industry being for men only. WOMEN IN FOREX GHANA is the 1st forex association of professional forex traders and analysts in Ghana and West Africa involved in training the financial analysis skill set and the incubation of forex traders through mentorship, nurturing, providing funding for traders, etc with emphasis on the youth, especially women. The organisation has successfully organised,trained and mentored atleast 2,000 youth through her digital finance training summit tours for the last 5years. WOMEN IN FOREX GHANA has recently launched a 10year digital finance educational initiative dubbed:THE ELEVATE GHANA FOREX PROJECT to train over 10,000 more youth especially women to indulge in the biggest global market with the acquired skills to explore the career opportunities the sector bestows. The organisation also recently launched a forex charity ball as part of its annual schedules dubbed:LOVE IN THE FOREX in collaboration with Geldex lnvest, Lolyfx Ltd and blooming Trading Ltd as part of its corporate social responsibility to give back to the community. This years charity ball targeted three charitable organisations namely: The menarche pad a girl project, Coverme worldwide and Maternal rights Ghana. Women in forex Ghana with this initiatives and in their quota attempts to positively contribute to the government’s policies of reducing illiteracy and poverty which also goes a long way to globally contributing to the United Nations sustainable development goals of Economic growth,financial literacy, reduction of poverty and women empowerment just to mention but few and most importantly debunk the misconceptions and myth about digital finance, forex trading and online digitalized skills. WOMEN IN FOREX GHANA is opened to collaborating and networking with other organisations with same inclinations. The organisation is led by Miss ANNOR SIKA ASANTEWAH, a certified financial analyst and the CEO of SKY TRIP CHRONICLES, a brand that’s spearheading a service called l TRADE N TRAVEL WITH SIKA. This brand encourages forex trading enthusiasts to learn trade earn create value and make memories by going on educational trips yearly, the brand intends to create digital forex nomads who can work without borders and have time freedom to explore the world and its beauty./p> The objective is to produce disciplined and patient traders and encourage the habit of compounding and investment. It is about time we change our money game..LETS BREAK THE FINANCIAL BIAS WOMEN!!
Education and Training in Online Trading
If any material, person, or enticing advertisement on the internet has given you the impression of Forex Trading as a “nothing for something” venture, we wish to appeal to you to disabuse yourself of that notion. Before you begin trading forex online, it is important to adapt to how the market operates, as well as other conditions correlated with Forex Trading. Indeed, forex traders can reap highly profitable results. However, that is after a significant amount of time acquiring knowledge, building strategies, and perfecting their trade. In light of that, it is of absolute necessity that beginners who want to trade the forex market invest in forex courses and education. The money spent here is an investment, and combined with your dedication and skills, you will definitely reap the benefits. For long-term advancement, education in online Forex Trading is a beneficial tool that helps you prepare and make informed trading decisions, instead of impulsive emotional decisions that often lead to account failures. It has been proven that as a result of a lack of proper education, a significant number of beginners lose their trading capital. All kinds of online trading academy courses abound on the internet by many “trading gurus” who promise to teach you to make profits within a day or just a few hours, with one or two workshops, seminars, or a short training course, where they’ll usually tell their stories, how much they earn, and how simple it is for you to earn as much; and yet, only a very small fraction of beginners who take these courses actually benefit from them. This is most likely because many of these “Trading gurus” giving these online trading courses themselves may have come out of the lot who must have lost their capital due to lack of proper education and due diligence. Realising they are unable to make money from active trading, they now resort to teaching newbies in an attempt to recover some of their losses. That is why the trading loss statistics for beginners are that bad. In this article, we will discuss why a good comprehensive forex education is a must before trading online, and how self-education can also contribute to making you a successful forex trader. Even if you have some knowledge of Forex Trading, the market is continually evolving, and trading abilities must always be improved upon. Forex Trading, Not a Get-Rich-Quick Scheme If you have ever wondered why certain professions earn more money than others, the answer is quite simple; the amount of money a particular job pays is directly proportional to the time and effort spent in acquiring the skills necessary to perform it, in addition to years of gaining more experience in the said field or area. This is true for every venture or profession in the world, including Forex Trading. In our previous article, we discussed some facts and characteristics of successful forex traders, which includes possessing analytical skills. Sifting through massive forex data in a few minutes, and analysing the data to spot trends and make decisions at break-neck speed, is a critical characteristic of successful forex traders. This is a skill that has to be developed by concentrated efforts and honed by constant practice over time. A good forex training course, be it in-person at a forex trading training institute or an online forex trading academy, should teach you the language of forex; the terminologies used, including Leveraging, Margin Concepts, Bids, and Order Types. In addition to that, you should also learn about fundamental and technical analyses, and lastly, about trading psychology, which involves emotional intelligence, patience, commitment, and discipline. Understanding the Basics It’s impossible to trade without any knowledge of the basics and having in-depth trading knowledge and a trading plan is paramount to a successful online Forex Trading career. Forex education enables the beginner to grasp the basics of online trading. Online FX Trading has its own language, which conveys a lot of information in just a few words, with distinct terminologies like Pip, Lot, Spread, etc. In addition to its terminology, basic calculations, such as deriving a direct quote from an indirect quote, are also included in basic forex education and training courses. It’s up to you, as a beginner or even professional trader, whether you want to learn bits and pieces of possibly confusing and contradictory information over the internet, or at one go, in a streamlined, expert-developed, properly structured, coherent form, as offered to you by the Geldex Forex Training Institute. Here at Geldex, we offer you a wide variety of resources, tailored for each trader’s level, and pride ourselves in the quality and comprehensive nature of materials available to you, put together by our team of forex experts, analysts, and leading professionals in the industry. Fundamental & Technical Analysis Market analysis is an essential part of Online Forex Trading. There is fundamental and technical analysis in trading forex online. Fundamental analysis refers to one’s ability to interpret macro news, which has a huge impact on the forex market, as they are related to specific countries, economies, and by extension, their currencies. When key market players like governments and central banks release data about macro-economic indices such as inflation or unemployment, it causes currencies to move as well. To an uneducated forex trader, such news may bear no particular significance, but to a trader who has gone through training with a good forex education course, such mutually exclusive events could be reason enough to overturn a solid trading strategy. The ability to interpret news reported at the macro level, and to make informed speculation on the possible direction of a currency, is a skill you will acquire by going through forex training. As a forex trader, the times at which such news is reported may be the time to enter or exit the market, as massive volatilities at these times push prices to extreme highs and lows, creating the possibility for traders to make a fortune, given the right action. To be
WIF targets $5,000 for deprived communities
By Julius K. SATSI, Accra The Women in Forex (WIF) Ghana with its partners have expressed optimism towards raising US$ 5,000 to support the needy in deprived communities through its Elevate Ghana Forex project. The fund, raised through benevolent individuals, will help train 1,000 youth in Forex through the “Elevate Ghana Forex” project and support the needy in deprived communities across the country. The Elevate Ghana Forex project is the initiative of the WIF Ghana to educate young people in forex trading and help alleviate unemployment and poverty. The Founder and President of WIF Ghana, Madam Annor-Sika Asantewah disclosed this during the maiden charity ball held in Accra at the weekend. She said the fund, which is expected to be generated from February to September, would be disbursed through a project and two non-governmental organisations (NGOs) to help the deprived communities She said the funds raised would be disbursed through Menarche-Pad a Girl project to help alleviate menstrual poverty – a situation where girls practice poor hygiene during menstruation. The two NGOs include Cover Me Worldwide to help children gain skills in reading ability and Maternal Right Ghana to help women and children during child delivery. Madam Asantewah urged benevolent individuals to donate towards the fund, which would help most youth out of employment through free forex trading for the 1,000 youths, targeted in three universities across the country – University of Cape Coast, Valley View University and the University of Ghana. She said the organisation intends to send the “Elevate Ghana Forex” project to the Volta, Northern, and Eastern regions. She said calls had come to extend to the Ahafo region, which it would consider in subsequent years since the project is an annual one. The Mayor of Belmopan in Belize, Central America, Her Worship Mayor Sheran Palacio, who graced the occasion, urged Ghanaians not to abandon trades and traditions of the older generation in the quest to go after modernity. She said Ghanaians and Africans must not relent on tilling the soil as it hungers to give humanity its produce As the first female Mayor in her country, she advised young females to take education seriously because it has the power to transform their lives, opening them to the numerous opportunities that exist. The Chief Executive of Loly Fx, Ms Ruth Ofori said: “forex trading is not for the faint-hearted” but was quick to add that it is the aim of the Elevate Ghana Forex project to help the youth to gain a fundamental understanding of the forex market. Ms Ofori, who is a Forex facilitator with the project said, many Ghanaians are now getting to know and appreciate the dynamics of forex trading, unlike previous years. She said: “People are broadening their horizon on forex trading and trying to know what it entails and how they can go about to make some money.”
Launching the ‘Charity Ball’
Women in Forex Ghana in partnership with Geldex Invest, Lolyfx and Blooming Trading Limited, has launched an ‘Elevate Ghana Charity Ball’ programme as part of its initiative to train over ten thousand (10,000) youths in digital finance by 2030 and to raise funds for other charity programmes. In the intervening time, the President of Women in Forex Trading Ghana, Ms Gifty Annor Sika Asantewah, disclosed that the training will introduce students across three selected tertiary institutions in the country to forex trade, equip them with the basic skills and develop their interest in the market which could serve as a part-time job for them while in school. Three public and private universities have been selected to benefit from the free forex trading (digital finance) programme this year under the Elevate Ghana Forex Project. The beneficiary universities include: the University of Ghana (UG), University of Cape Coast (UCC) and Valley View University (VVU). One thousand students (1,000) are expected to be trained in this year from these tertiary institutions and three other identified regions namely: Volta, Eastern and Northern. The Youths to Take Advantage of the Industry “The forex market is very liquid and is currently the most liquid financial sector in the world. Last year, it had $1.26 quadrillion revenue and in daily volumes it had $1.6 trillion. If the whole of Ghana decides to trade in the digital market, all things being equal, everyone will earn $2,000 daily. “This is how much liquid the trade is and it is an advantage for the unemployed graduates. Sometimes, people come into this space and because they want quick money, they do not learn the trade well and end up losing their money to fraudsters and then complain that digital finance is a scam.” – Ms Gifty Annor Sika Ms Gifty Annor Sika averred that Forex trading is extremely tough and needs great mental qualities such as patience, discipline, perseverance, to name a few to be consistently profitable. As such, she noted that the Elevate Ghana Forex Project will offer great trading tools that will help the participating youth to improve their trading knowledge to become better traders. As a result, she opined that “tertiary students are better positioned to comprehend the process and learn the trade faster, hence the decision to involve them.” The Forex guru explained that the participants will be taught to master over 3 emotions namely: Fear, Greed and Hope. She emphasized that these skills can only be mastered through years of experience trading in market for years in all conditions and learning from the experienced traders. She thus, indicated that experienced traders and experts will be engaged to train the participants. Ms Annor Asantewah noted that the proceeds from the programme will be donated to three charity organisations which consist of Maternal Right Ghana, Menarche Pad a Girl Project, and Coverme Worldwide. The Mayor of Capital Garden City of Belmopan Belize in Central America, Sheron Palacio, who was the guest of honour at the event, commended the organisers for supporting women empowerment.
1,000 Youth to train in digital finance
Three public and private universities have been selected to benefit from a free forex trading (digital finance) programme this year under the Elevate Ghana Forex Project. The beneficiary universities are the University of Ghana (UG), University of Cape Coast (UCC) and Valley View University (VVU). It seeks to train 1,000 youth in digital finance from these tertiary institutions and three other identified regions The training, an initiative of Women in Forex (FX) Trading Ghana, is aimed at introducing students to forex trade, equip them with the basic skills and develop their interest in the market which could serve as a part-time job for them while in school. The charity ball The Founder of the Women in Forex Trading Ghana, Ms Gifty Annor Sika, made this known at a charity ball and dinner held in Accra last Sunday. The event was organised by Forex Ghana, in collaboration with LolyFX and Blooming Trading Limited, to raise funds for charity projects The proceeds are expected to be donated to three charity organisations which consist of Maternal Right Ghana, Menarche Pad a Girl Project, and Coverme Worldwide Ms Sika said digital finance was quite a complex space that required some level of education and intelligence to manoeuvre. As a result, she said tertiary students were better positioned to comprehend the process and learn the trade faster, hence the decision to involve them She noted that this year, the Elevate Project which had an objective of training more than 1,000 youth across the country, had selected those three universities as well as three other regions -Volta, Eastern and Northern as beneficiaries. “The project’s main objectives are aligned with the Sustainable Development Goals (SDGs) and this year as we seek to reduce the inequality gap, we are training 1,000 youth across three regions and three universities as well as some national service personnel. Basically, our idea is to teach, create value and give back to charity,” she said. The project The project aims to bring to bear the enormous career and financial opportunities the sector bestows. “The forex market is very liquid and is currently the most liquid financial sector in the world. Last year, it had $1.26 quadrillion revenue and in daily volumes it had $1.6 trillion. If the whole of Ghana decides to trade in the digital market, all things being equal everyone will earn $2,000 daily, she said. “This is how much liquid the trade is and it is an advantage for the unemployed graduates. Sometimes, people come into this space and because they want quick money, they do not learn the trade well and end up losing their money to fraudsters and then complain that digital finance is a scam.” Women empowerment The Mayor of Capital Garden City of Belmopan Belize in Central America, Sheron Palacio, who was the guest of honour at the event, commended the organisers for supporting women. She said she was also excited to see Accra appoint a female mayor for the first time.
Training 1,000 Youth In Digital Finance For Free
The financial market globally has seen one of the most dramatic changes in regards to the insurgence of technology over the past decade after the last financial depression in 2009. The global market is currently seen to have opened up to digitalisation, thus opening up to everybody to play fair as compared to in the 70’s when it was just governments and big financial institutions which could indulge in it. The adaptation of these new innovation and technologies on the market has not been very smooth as governments all over the world are still adjusting to the pros and cons of these developments. The African economy is suffering the most as it’s struggling to keep up with these innovations due to lack of proper systems to back these technologies and support such innovations. It is paramount to emphasize that the next decade would have the world running on robotics and automations, making human labour force a thing of the past. Banks in Africa are fast moving onto the online banking systems, applications that are removing the need for customers presence at banking halls. The digital economy has become the new norm and at a disadvantage to the Labour force. FOREX Trading, a non starter for most Government undoubtedly stands out to be a growing interest in the African financial economy currently. As a digital financial instrument, the sector possess enormous amount of career and financial opportunities. The African youth is gradually gearing towards an alternative career path looking at the unemployment situations in the region. Appropriately, 15% of the 1.26billion population of Africans is said to be engaged in the digital financial market, a current report by Forbes indicated Africa’s adoption of bitcoin (cryptocurrency) is the highest globally with Nigeria leading the chart, an intriguing data that needs further survey. Ghana’s Security and Exchange commission and the Bank of Ghana have acknowledged the importance of these digital innovations especially the blockchain technology . An article released by Bank of Ghana indicated its interest in the blockchain technology and its preparedness to adopt the technology to improve the nation’s payment systems. They also buttressed this point by promising to make currency trading their priority. Ghana currently is among the African countries with plans of introducing a digital e-coin to back it fiat currency CEDI to stability and to properly compete on the global market, a step in a right direction. As the country’s economy is opening up to new innovations, there is the need for the Labour force to meet this opportunity with the relevant technical know how and preparedness in the digital financial market. It is in this light that the WOMEN IN FOREX GHANA, a team of financial market trading experts and analysts is collaborating with other Forex brands such as Lolyfx, African financial Traders organisation and Geldex Invest to put together educational conferences and trainings to introduce 1,000 youth in online trading : The trainings are going to be done across the regions, the 1st training session commences in February dubbed: LOVE IN THE MARKET SERIES. This is a 2day lecture with a charity ball that targets to donate to 3 charity organisations namely: Maternalright Ghana, Menarche-Pad a girl project, Coverme worldwide. Geldex Invest, and indigenous brokerage firm located in Accra that is pioneering the use of the local currency Cedi is the main sponsor of this training. Women in Forex Ghana with these collaborations aims at raising professional online traders and transparency standards on the financial market. The organisation hopes this serves as the beginning of great impact on our unemployment situation and encouragement for upcoming/enthusiastic financial experts to work prudently The overall objective of this project aligns with the goals of the United nation’s Sustainable development Goals(SDGs):Education,employment, empowerment, poverty eradication etc. The financial market globally has shifted from the traditional commerce to ecommerce and it’s about time that our education follow suit. We have no other choice but to change our money Game
