[ad_1]
Figuring out which of the four primary leadership styles you follow can enhance your communication skills.
[ad_2]
Source link
Archives for September 2019
Creating a fairer market for capital in South Africa
[ad_1]
Nicky Newton-King, the outgoing chief executive of the 132-year-old Johannesburg Stock Exchange (JSE), explains why the JSE was the first stock exchange to introduce a Socially Responsible investment index and what a social license to operate means in a country where capitalism is under attack.
[ad_2]
Source link
How Entrepreneurs Can Survive the Next Recession
[ad_1]
With speculation about another crash running rampant, it can’t hurt to be prepared.
[ad_2]
Source link
The Moving Average Indicator in Forex Trading
[ad_1]
Featured image from Breakingpic on Pexels
The moving average indicator is a widely used technical indicator in Forex trading, as traders can use it in a variety of ways.
The main reason behind the popularity of this MT4 indicator is its simplicity. For one thing, the mathematical calculations behind it are easy to understand. Therefore, traders at all levels find it a comfortable indicator to use in their Forex trading.
Initially, most Forex traders use moving averages in a moving average crossover strategy. However, this versatile indicator can be used in other ways as well. In this article, we outline several ways you can use it.
RELATED ARTICLE: DO YOU NEED THE MACD FOR YOUR FOREX TRADING?
The Moving Average Reflects the Average Price
Simply put, the moving average is a reflection of the average price. As a result, it indicates more about the past than about the future.
In other words, moving averages show the average price of the instrument over a period of time. Therefore, they tend to reflect the trends in the past. However, they’re not great at predicting market trends. This is crucial to understand with this MT4 indicator.
It Identifies Dynamic Support and Resistance Levels
However, the moving average indicator is good at identifying dynamic support and resistance levels. Traders typically use the 200- and 50-day moving averages on the daily chart time frame. And because so many traders use these indicators, they tend to act as dynamic support and resistance levels.
For example, the chart above shows an instrument on the daily time frame. Here you can see how the indicator tends to act as support and resistance for the prices. Of course, you could use a moving average on any period of time that you choose.
The Slope Reflects the Momentum of Price Changes
The slope of the moving average reflects the intensity or the momentum of price changes. For example, when the moving average is sloping steeply, you know that the price is declining or rising quickly.
This can tell you a lot about the momentum of the market. It can even help you to identify the fundamental factors behind such a move.
However, many Forex traders make the mistake of viewing the slope of the moving average as something that is currently happening, instead of something that has already happened. If, on the other hand, a trader uses this indicator correctly, they can gain an edge in the Forex market.
Watching Reversions to the Mean Helps Traders Avoid Extremes
In finance, mean reversion refers to the tendency of an instrument’s value to change over time. Over a long period of time, the price tends to gravitate to its long-term average value.
Just as the moving average tells us more about the past than the future, neither is the concept of mean reversion predictive in nature. Further, mean reversion can behave differently with different asset classes.
All the same, depending on how you look at it, prices do tend to correct to the long-term mean after extreme moves.
A 200-day moving average can show a good example of mean reversion. That is, prices that have moved significantly away from the long-term mean do tend to revert to the mean price over time.
While you really shouldn’t use the mean reversion as the basis for building a Forex trading strategy, you could still apply the concepts in various ways. For example, watching it could help you to avoid buying near extreme highs or lows.
The Moving Average Indicator Is Useful in Several Systems
As you can see, the moving average indicator can be useful in Forex trading strategies. Additionally, traders can use it to help with advanced math-based trading systems as well.
The post The Moving Average Indicator in Forex Trading appeared first on Business Opportunities.
[ad_2]
Source link
How to stand out in a crowded marketplace
[ad_1]
To differentiate your brand amid a competitive cacophony, let a customer focus guide your strategy and operations.
[ad_2]
Source link
Uber and Lyft Drivers May Soon Be Employees in California – While Entrepreneurs Hotly Debate
[ad_1]
A bill that has passed the California State Senate promises to reclassify some gig workers as full time employees.
Assembly Bill 5
The consequences of Assembly Bill 5 (AB5) becoming a law could have far reaching effects on small businesses using these types of contract workers. First and foremost, business costs could skyrocket.
As expected, entrepreneurs and others are divided debating the pros and cons. Small Business Trends took at sampling of the opinions.
Ramon Ray, founder Smart Hustle Media, started the ball rolling when he posted his thoughts on Facebook Sept. 4 shortly after the bill was introduced.
The post read in part:
“This hurts Uber and Lyft sure, but also hurts the millions of people who can make extra cash or their sole income this way. An employee (with benefits and etc) is an ENTIRELY different model than what the BENEFITS of the gig economy was designed for.”
Free Market Stance
Many of the folks who responded sided with Ray’s pro free market stance.
Small Business Trends contacted him to get some further clarification.
“Most people who responded to the post said two things,” he said. “First, we like the free market economy and second these jobs are contracts.”
According to Ray, the agreement offered by these companies is simple.
“You get paid a certain amount of dollars to do a certain amount of work. It’s an agreement.”
Gig Economy Status Quo
The bill sides with workers but threatens the gig economy status quo. It covers millions of workers by guaranteeing them rights like minimum wage, unemployment insurance and overtime. Not surprisingly, there are other viewpoints on how the bill will shape this work going forward.
For example, Michael Zima, Chief Growth Officer, Zima Media, had a different opinion.
“The progress with this bill is paving the road for the future of work,” he writes. “On a local level, it’s essential to protect both the business and worker to retain the same quality of life a full-time employee may have.”
Jared Weitz CEO and Founder at United Capital Source Inc, brought up another interesting angle.
“Shared ride services like Uber and Lyft that now are facing billions to update their service models,” he writes. “This shift will impact consumers since they likely will incur the costs.”
Legalities?
There’s bound to be some legalities that need to be ironed out when the bill passes, which it is expected to do. David Reischer, Esq. Attorney & CEO of LegalAdvice.com ,supplied his thoughts.
“There are multiple factors that a court will likely look towards to determine if a person is entitled to certain benefits as an employee,” he writes. “These factors include, does the person work from the main office; resources supplied to employee/independent contractor; and direct delegation of tasks.”
Finally, a small business owner puts his two cents in.
“There needs to be a balance between what is good for business and what is good for employees,” writes Mike Falahee, Owner and CEO of Marygrove Awning Co. “This may be an important social experiment. But if gig employees are put against the same requirements as full-time employees, will they be hired for the job? People are drawn to freelance opportunities for specific reasons and this bill may not take into consideration those reasons.”
Assembly Bill 5 has been sent back to the state Assembly where it is expected to get final approval.
Image: Depositphotos.com
This article, “Uber and Lyft Drivers May Soon Be Employees in California – While Entrepreneurs Hotly Debate” was first published on Small Business Trends
[ad_2]
Source link
Massive Illegal THC Cartridge Bust in Wisconsin
[ad_1]
Two brothers lead a Walter White-like illegal operation out of their home.
[ad_2]
Source link
7 Ways to Boost Your Online Hiring Process
[ad_1]
Featured image from Pexels
Conducting your hiring process online is a bit of a mixed bag. On the one hand, it’s easier than ever before to get plenty of applicants for your job, so that you have plenty to choose from. On the other hand, you could get too many applications. And a lot of those applicants will not be right for the job, using up your valuable time. But luckily there are a few simple changes you can make. You can boost your online hiring process, in other words, and make it an effective strategy.
Optimize Your Website for Search Engines
When you’re doing your hiring online, you need people to find your job listing online. Therefore, if you have the job description listed on your website, you’ll want to make it easy for people to find this page through search engines.
Search engines are a common way that people find new job listings. So you’ll want yours to appear at the top of the results. To do this, however, you’ll want to use SEO strategies across your website, and not just on the job listing page. A few things you’ll want to look into are:
- Adding relevant keywords to your pages
- Linking to other authority websites
- Speeding up your website
RELATED ARTICLE: 5 WARNING SIGNS TO WATCH FOR IN RESUMES
Provide a Detailed Job Description for Your Online Hiring
Sometimes businesses get too many applicants when they’re hiring online because they are not clear about what they’re looking for.
In short, if your job description is vague, whether it’s in the requirements for the job, the daily activities one would do in the job, the compensation or something else, more people will feel like they fit the description.
So when you’re creating your job description for online hiring, be as specific as you can. Let your applicants know what things you absolutely require. Then list those things you’re flexible about, the schedule they’ll work, the company’s internal culture, and anything else you can think of. This way, when someone applies to the job, it’s more likely they’ll be a good fit.
Share on Relevant Job Boards for More Effective Online Hiring
The other major way people find jobs online is through job boards. Once you have your job page up and running, you should share the link on any relevant job boards to gain more exposure.
Sites like Indeed, Monster, and Craigslist are all great places to start for online hiring. Additionally, when posting your job to these sites, be sure to write an eye-catching title. Then give the link back to your website and include some keywords.
Require Applicants to Create an Online Hiring Account
Between optimizing your website for search engines and posting the job opening on popular job boards, you should now have plenty of people flooding into your site. To make the number of applicants a little more manageable, one thing you can do is have them create an account on your site.
Requiring candidates to create an account with information like their name, address, and contact information does two things. First, it eliminates anyone from your online hiring process who isn’t willing to put in a few extra minutes to apply. Second, you’ll be able to create a database of applicants. Then you can then search through that database later on if another job opens up.
To add a “Create an Account” feature to your online hiring process, you’ll need a few things. To start, you’ll want a form on your jobs page asking for applicant information. This should connect to a database that stores all the information for each candidate.
Finally, you may want some form of authentication to ensure no spam applicants find their way into your online hiring system. Do this by sending out an email confirmation. Better yet, look into an SMS API to send the confirmation to their phone.
Screen Candidates with Tests
Image from Pexels
Even with a detailed job description for your online hiring and requiring applicants to create an account, you might still get more applicants than you can handle. So another way to whittle down the pack is through online screening tests.
For example, you could create a quick multiple-choice question test about how they would handle certain situations they’re likely to face in this job. Or if your job requires fast typing, have them take an online typing test and submit the results to you. You can then use these test results to eliminate anyone who performed poorly.
When designing these tests, don’t make them too difficult. You don’t want to miss out on a great candidate simply because they didn’t understand one of the questions. The point of the tests is to see who is clearly not ready for the job and to make managing the number of applicants just a little easier. To get started, there are plenty of pre-employment testing software options that will make the process of designing an online hiring test easy.
Make Your Business an Attractive Place to Work
When creating your online hiring process, it’s important to remember that the best candidates likely have other options besides you. This means you need to do everything you can to make your business an attractive place to work. You can do this through some of the standard ways, such as offering a competitive salary or benefits package.
However, you can also think outside the box to boost your online hiring process. For instance, if your business is known for something special or does something better than anyone else, you can use this when promoting your open position.
For example, the company Pixelz was recently invited to join in a project promoting sustainability in Vietnam. Remarkably, they were one of only 10 companies that were selected to do so. Engaging in a sustainability project shows that they are a forward-thinking business. And the exclusivity of it shows that they are an in-demand company. Think about what your own business can brag about. Then use this whenever you’re conducting an online hiring search to bring in the best candidates.
Keep Things Simple
Finally,
even with all the steps mentioned above, you should still aim to keep your
application process simple. While you want to weed out those people who aren’t
willing to spend a few minutes on their application, you don’t want to make it
so complicated that no one applies. Just because someone is looking for a job
doesn’t mean they have all day to fill out your application and go through your
process. Keep your application process as short as possible, while still
effectively eliminating those people who are not qualified for the job.
Start Boosting Your Online Hiring Process
Posting your job opening online can bring in a lot of applicants—often too many. By using the strategies mentioned above, you can not only ensure that your job opening gets in front of as many eyes as possible, but that those not suitable for the job are removed from contention early on. This will help you to find the best candidates so that when it comes time to start conducting interviews, you have the strongest possible field in front of you.
The post 7 Ways to Boost Your Online Hiring Process appeared first on Business Opportunities.
[ad_2]
Source link
How CBD Helped Paul Pierce Cope With PTSD and Depression
[ad_1]
The NBA legend talks about his stabbing in 2000, his road to recovery, and his new line The Truth CBD Remedies.
[ad_2]
Source link
Difficult, uncomfortable, and courageous conversations
[ad_1]
At the yearly meeting of CEO Action for Diversity & Inclusion, three chief executives — from a watch company, a hedge fund, and a professional-services firm — talk about the challenge of reducing bias in their companies and industries. Progress remains slow; for instance, only 33 of the Fortune 500 CEOs are women. Challenges to diversity and inclusion include getting the board involved, helping employees get out of their comfort zone long enough to change their habitual practices, and thinking clearly about immigration.
[ad_2]
Source link