Where To Start With Forex: Fundamentals Every Aspiring Trader Needs To Know | AmeyawDebrah.com (2024)

The British High Commission, Canadian High Commission and the French Embassy are proud to announce winners for the third annual Ambassador for a Day (AfD) competition; a flagship initiative dedicated to empowering young women to assume leadership roles, advocate for women’s rights and play an active role in diplomacy.

The AfD competition provides winners with an opportunity to spend a day with an Ambassador/High Commissioner, as well as engage in other activities the Heads of Mission they are matched with. This year, 12 winners have been selected but three (3) namely: Malika Kassim (matched with Canadian High Commissioner), Ayisha Bashiru (matched with British High Commissioner), and Abigail Kyerewaa Baiden (matched with French Ambassador) who topped the competition, will have the opportunity to shadow the 3 Heads of Missions. All 12 winning candidates will have the opportunity to engage in advocacy activities to engage in leadership, advocacy activities to accelerate the passage and implementation of the Affirmative Action Bill.

The following Heads of Missions will participate in the 2024 AfD competition – British High Commissioner, H.E. Harriet Thompson, the Canadian High Commissioner, H.E, Martine Moreau and the French Ambassador, H.E. Jules Armand Aniambossou.

Congratulating the winners, the British High Commissioner, H.E. Harriet Thompson said:

“Today we celebrate our impressive winners chosen from the hundreds of brilliant applications received. We are highlighting these girls stories to demonstrate the importance of girls having an active voice in society.’’

“To the other young women who demonstrated their confidence and potential through their application, well done and every success as you work towards realising your dreams’’.

“Thank you to all our nine partners: Power to Girls Foundation, Fulani Youth Association of Ghana (FUYAG), Foundation of Security Development in Africa (FOSDA), UNFPA, CAMFED, PAYDP, the African Leadership Women’s Network (ALWN), the Affirmative Action Bill Coalition Youth Wing and Plan Ghana for supporting this initiative and for enabling our fantastic participants to take part in the competition ”

The AfD competition, is part of the British High Commission’s ‘Africa Gender and Equalities Month initiative;’ an annual campaign which takes place in March. The aim is to mark and celebrate gender and equality by holding a series of engagements to engage with key stakeholders and to learn from and understand more about gender and equality in today’s Ghana.

On 22nd March, all 12 winners: 1. Malika Kassim 2. Ayisha Bashiru 3. Abigail Kyerewaa Baiden 4. Augusta Emefa Agbinku 5. Mohammed Bello Hidaya 6. Rasheeda Ama Aban 7. Priscilla Serwaa Koffie 8. Maubasharatu Abdulai 9. Maame Esi Kum Enimayew 10. Bestina Martins 11. Amdalatu Amidu Atiiru and 12. Cheryl Renée Quaye will participate in an Awards Ceremony and Mentorship Learning and Sharing Workshop.

The High Commissioners and Ambassador, as well as representatives from nine Women Rights Organisations (WROs) and Youth organisations, whose beneficiaries participated in the AfD competition, and winners of AfD 2023, will have the opportunity to meet the 12 winners for the first time at the British High Commissioner’s Residence to interact, network and engage in media activities.

The winners will also serve as Community Based Ambassadors (CBAs), catalysts and champions of change advocating for gender equality and female empowerment within their own communities.

About Ambassador for A Day

The Ambassador for a Day is a competition that provides a platform for vulnerable and marginalised young women to become leaders and advocates for change. They will have the opportunity to voice their opinions about how to accelerate the passage and implementation of the Affirmative Action Bill and share their ideas on how a gender-equal future can be shaped.

Winners

  1. Malika Kassim (matched with Canadian High Commissioner)
  2. Ayisha Bashiru (matched with British High Commissioner)
  3. Abigail Kyerewaa Baiden (matched with French Ambassador)
  4. Augusta Emefa Agbinku
  5. Mohammed Bello Hidaya
  6. Rasheeda Ama Aban
  7. Priscilla Serwaa Koffie
  8. Maubasharatu Abdulai
  9. Maame Esi Kum Enimayew
  10. Amdalatu Amidu Atiiru
  11. Bestina Martins
  12. Cheryl Renée Quaye

Women’s Rights Organisations (WROs) and Youth Organisations

  1. About CAMFED

CAMFED is a pan-African organisation revolutionising how girls’ education is delivered. CAMA girls is an active network of CAMFED alumni who have benefited from the CAMFED programme.

  1. About Plan International Ghana

Plan International has been working in Ghana to support children, particularly the most marginalised, to exercise their rights for more than 25 years.

  1. About UNFPA

UNFPA is the United Nations sexual and reproductive health agency. Their mission is to deliver a world where every pregnancy is wanted, every childbirth is safe and every young person’s potential is fulfilled.

  1. About Power to Girls Foundation

PTGF empower girls in Ghana to become leaders in their communities providing leadership, personal development, and mentorship programmes for girls in West Africa including Ghana.

  1. About Purim African Youth Development Platform (PAYDP)

PAYDP is a non-governmental organization with funding from the UNFPA works to reduce the risks facing adolescent girls and other vulnerable groups in the country.

  1. About African Leadership Women’s Network (ALWN)

ALWN serves as a continental platform to galvanize women’s leadership in Africa towards lasting peace and sustainable development the African Union and the United Nations. They aim to increase women’s participation in decision-making through peer learning, mentoring, advocacy and capacity-building.

  1. About the Affirmative Action Bill Coalition (Youth Wing)

The newly formed AA Bill Coalition’s Youth Wing seeks to actively identify and mobilise youth to push for the full passage and implementation of the AA Bill.

  1. About the Fulani Youth Association of Ghana (FUYAG)

FUYAG is a youth association committed to nurturing and empowering youth to become in order to positively transform their lives and their communities.

  1. About the Foundation of Security Development in Africa (FOSDA)

FOSDA’s goal to help in youth development, women empowerment, and peace and security. FOSDA started as a dream by a group of Africans in the UK in the late 80s to 90s. Some of the key countries who pioneered FOSDA include Ghana, Nigeria, Liberia, South Africa and Kenya.

Related

Where To Start With Forex: Fundamentals Every Aspiring Trader Needs To Know | AmeyawDebrah.com (2024)

FAQs

How to study fundamentals of forex trading? ›

There are many economic indicators and even more private reports that can be used to evaluate forex fundamentals. It's important to take the time to not only look at the numbers but also understand what they mean and how they affect a nation's economy.

What every forex trader should know? ›

You must know each broker's policies and how they go about making a market. For example, trading in the over-the-counter market or spot market is different from trading the exchange-driven markets. Also, make sure your broker's trading platform is suitable for the analysis you want to do.

What do I need to know before starting forex trading? ›

6 Things to consider before trading in Forex
  • The currency pairs you are trading in. It's important to be familiar with the currency pairs you're trading in. ...
  • The significance of the bid-ask spread. ...
  • Leverage. ...
  • Forex trading strategies. ...
  • Your trading plan. ...
  • Your emotions and biases.

How can I teach myself forex? ›

Trading Forex for beginners summarized
  1. Learning the basics (currency pairs)
  2. Learn the software (MT4, MT5)
  3. Learn with demo accounts.
  4. Find a reliable service provider.
  5. Use the service provider's resources such as tools and guides.
  6. Read books on trading and watch videos online.
  7. Learn various trading strategies and test them.
Nov 1, 2023

How long does it take to learn forex basics? ›

Most traders say it takes at least six months to a year. Start by learning the fundamentals and comprehending currency pairs, market dynamics, and trading strategies from reliable sources. Before making the switch to live trading, practice on demo accounts for at least three months.

What is the biggest secret in forex trading? ›

Opening and closing orders should just be treated as an execution that is always performed without any emotion. All of your trades should open according to your system and analysis conducted beforehand, this is one of the most important Forex trading secrets.

Is $1000 enough for forex? ›

Trade Micro Lots

Micro lots are the smallest trade size available in Forex, representing 1,000 units of the base currency. This allows traders to enter the market with less capital, making it ideal for those starting with a $1000 account. Trading micro lots also allows for more flexibility in risk management.

Is $100 enough to start forex? ›

Can I start forex trading with 100? Yes, one benefit of forex is you can start trading with as little as $100. Make sure to open an account with a broker who has a $100 or less minimum deposit.

What is the easiest thing to trade in forex? ›

Beginners might find the AUD/USD pair to be an excellent choice, since it is more predictable and less likely to spike or drop suddenly. In many studies, this pair has also been cited as one of the least volatile. In conclusion, the best currency pairs to trade for beginners are EUR/USD, GBP/USD, USD/JPY.

What is the best time frame for a beginner forex trader? ›

Medium-term time frames, such as the 4-hour and daily charts, are often favored by beginners. These time frames strike a balance between providing enough trading opportunities and allowing for a broader perspective on market trends.

What is the best fundamental analysis for forex? ›

For a Forex trader, interest rates are the best multi-purpose fundamental indicator, since an increase in interest rates generally forces a currency to appreciate, since there is a cut in supply. Conversely, when interest rates are lowered, the rate for borrowing increases and the currency depreciates.

How do I start learning fundamental analysis? ›

How to start a fundamental analysis ?
  1. Understand the company first.
  2. Use the financial ratios for initial screening.
  3. Closely study the financial reports of the company.
  4. Find the company's competitors/rivals and study them.
  5. Check the company's debt and compare with rivals.
  6. Analyse the company's future prospects.

What is the simplest way to explain forex trading? ›

Forex trading, also known as foreign exchange or FX trading, is the conversion of one currency into another. FX is one of the most actively traded markets in the world, with individuals, companies and banks carrying out around $6.6 trillion worth of forex transactions every single day.

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