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How the Forex Market Operates – Urban Forex Bites

Posted: 01 Nov 2021 04:16 PM PDT




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📝 Full Blog Article: https://www.urbanforex.com/blog/how-the-forex-market-operates

Every day, traders are busy trading the markets, but they rarely stop to wonder what role they are portraying in the markets. The reason why this is so important is because by knowing where you fit in, you have higher odds of being on the right side of the markets. And thus, increasing your probability of winning.

00:00 Intro
00:03 Where traders fit in the market
02:22 How do traders act in the market vs real life
03:40 How do Bigger Players think and use the market
12:34 Identifying the Money Spot area

Useful Links 🔗

💻 Urban Forex Website: https://www.urbanforex.com​​

📧 Receive Urban Forex updates and Trading Tips: https://www.urbanforex.com/webinar-notifications

👨‍💻 Improve your trading NOW ➡ Try the Mastering Price Action 2.0 Course for FREE:
https://www.urbanforex.com/mpa-2-0-free-trial-information​

📱Urban Forex Mobile Apps: https://www.urbanforex.com/app-store​​

📈 In this video, Navin is using the software TradingView to look at his charts, get your access to the same charts here : https://www.urbanforex.com/tradingview

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How Private Labeling Works – business.com

Posted: 01 Nov 2021 03:45 PM PDT



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If your company is considering selling products under its name or adding new products to its current lineup, private labeling may be a good option for you. Private labeling allows you to outsource the manufacturing, sourcing, importing, shipping and other aspects of the supply chain to another company. Private labeling can help you gain access to the whole supply chain without requiring you to build your own networks. Before you move forward with private labeling, however, it is important to learn more about how it works, as well as its advantages and disadvantages.

What is private labeling?

Private labeling allows brands to outsource product sourcing and manufacturing to a third party. With private labeling, you apply the brand to the packaging only when it is time to sell the product. Although many consumers are unaware of the prevalence of this practice, it is common in today’s shopping environment.

For instance, if you’ve been to Costco, you may be familiar with the Kirkland brand, which includes items ranging from clothes to food. Kirkland Signature generates about one-quarter of Costco Wholesale’s sales and is known as a private-label brand. Amazon also has private-label brands you might never have realized existed.

According to the Private Label Manufacturers Association, “Private-label market share has reached nearly 25% of unit sales in the U.S. and is expanding faster than national brands.”

Private labeling is a great way for businesses to get their products into people’s hands, said Sara Nesbitt, CEO of Coastal Carolina Soap Co.

“For the business carrying these products, private labeling allows them to sell products they have no way of manufacturing themselves with their unique brand on them,” Nesbitt said.

Private labeling can also describe the practice of taking an ingredient or component supplied and produced by a secondary company and using it to benefit another brand’s product, often without explicit attribution, said Rob Terenzi, co-founder of Vega Coffee. 

Bottom LineBottom line: Private labeling is the practice of applying a brand to a product that’s made by another company.

How does private labeling work?

Private-label manufacturers secure deals with individuals or brands to sell their products under the manufacturer’s name with no attribution. The products can be sold independently or in support of other products.

For example, Vega Coffee is purchased by ice cream manufacturers as an ingredient and by other coffee brands to be sold in their marketing and packaging materials. Even though the brand doesn’t receive recognition, it experiences increased sales volume, helping it lower costs across consumer-facing product lines and paying its farmers for their contributions, Terenzi said.

He added that this is a mutually beneficial agreement, as the distributing business can leverage the social impact of Vega Coffee. “In other words, while XYZ brand of coffee may not mention Vega Coffee in their marketing, they will say that their coffee benefits farmers in Latin America, thereby driving more sales through their built-in audience.”

Private labeling works best for products that improve the value of other products, like Vega Coffee does for its ice cream manufacturer.

If you want to start selling a recent product but have no prior experience, private labeling is a great way to start. Consumers will be more willing to purchase your merchandise through larger manufacturers than through a business that has made no previous transactions. However, your product must be able to sell itself without special promotions or brand advertising.

TipTip: If you’re looking to build your brand, don’t rely on private labeling, as you will not be credited for your products. The technique is better suited for individuals looking to experiment with production rather than starting a well-known and respected business.

Advantages of private labeling

There are both advantages and disadvantages of private labeling for products that are developed and sold by the company that produces them. Advantages of private labeling may include the following:

  • Loyalty: The key to long-term business success is building a loyal customer base. Branding through private labeling is a great way to build loyalty from customers who like your products. With limited accessibility, customers become attached to your brand, allowing them to feel as though they are among a select few that own it, which ultimately increases loyalty and sales among your customer base.
  • High margins: Brands with private labeling usually have higher profit margins than resale products do, because it is generally cheaper to make your own products than it is to buy premade products, especially if the development and marketing of the products are high-quality.
  • Wholesale income: In addition to exclusively selling your product, you may consider operating as a wholesaler for your brand and offering limited access to other retailers that pay a premium acquisition cost for the right to carry your brand. This will generate additional income and spread your brand exposure.
  • Exclusivity: Private labeling allows you to separate yourself from your competitors. One of the best things about private labels is that in many cases, you have the exclusive right to sell the product. Good marketing will create demand for the product, which benefits you, because your company is the only source of the product. [See our guide to creating a business marketing plan.] 

FYIFYI: You may be able to secure exclusivity for the product, depending on your sector and your arrangement with the brand.

Disadvantages of private labeling

There are some disadvantages of private labeling, but by planning ahead, you can usually avoid them.

Disadvantages of private labeling may include the following:

  • Minimum orders: Most manufacturers have a basic requirement of minimum orders when you want them to produce customized products for your private labeling. Unfortunately, in many situations, the minimum order is much larger than what you would otherwise order.
  • Dead inventory: Some retailers make the mistake of ordering a line of privately labeled products without knowing whether their customers will like the product. This can leave you with a lot of unsold (dead) inventory.
  • Customer perception: It is common for people to trust a brand they have used for a long time as opposed to a little-known private-label brand. For this reason, do your research on customer preference before investing in private-label products.

Choosing the right private-label manufacturer

Before choosing a manufacturer, you should research your target customers so you’re familiar with their purchasing patterns and can form the best proposal for potential private-label brands. Attend networking events, trade shows and other events to improve your products, make contacts and gauge competition. You might also consider patenting your idea to prevent competitors from creating similar products.

Many companies or individuals choose Amazon as their private-label manufacturer, but you should also consider manufacturers specific to your products. For instance, Vega Coffee secured deals with ice cream manufacturers and other coffee brands rather than turning to a broad marketplace.

The Private Label Manufacturers Association hosts trade shows where you can find potential partners. Of course, you can find countless other options through a simple internet search.

Popular private-label manufacturers

  • Alibaba: The mega-website has made it much easier to source products outside the U.S. The comprehensive directory connects brands to manufacturers that can create the products they want. It covers a wide range of categories, including electronics, lighting, cookware and personal care products.
  • Wholesale2b: This online company offers a directory of top dropshipping suppliers. Dropshipping is when the manufacturer handles product shipping, thereby eliminating your need to obtain warehouse space to store your goods and hire employees to complete the shipping process.
  • Worldwide Brands: Founded in 1999, Worldwide Brands conducts research on third-party manufacturers and provides their information to subscribers. This directory can help you decide which private-label manufacturer is best for your needs.

Business.com editorial staff contributed to the writing and reporting in this article. Source interviews were conducted for a previous version of this article.


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LIVE Forex Trading – Feb 10, 2020

Posted: 01 Nov 2021 03:14 PM PDT




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Made the best out of this Monday. Could have been better but that’s for post analysis.

In these live trades Navin shows how he trades forex and manages these trading positions by moving in stops, adding positions and/or removing positions. It is a great example of how no trading day is the same and no trade is the same. All of these trades are based on Navin’s teachings. In the lessons of the educational programs Navin explains how the trading pairs are selected based on market sentiment, price action, technical analysis and in the more advanced lessons with correlation, to come to the kind of trading results you see in these videos.

Disclaimer : All trades shown in the video are from a LIVE account of 7-figure trader Navin Prithyani with an industry leading brokerage – Interactive Brokers. We are in no way affiliated or compensated by any brokers either directly or indirectly.

Useful Links 🔗

👉 Register to the upcoming LIVE Webinar: https://www.urbanforex.com/webinar-notifications

💻 Urban Forex Website: https://www.urbanforex.com

👨‍💻 Improve your trading NOW ➡ Try the Mastering Price Action 2.0 Course for FREE: https://www.urbanforex.com/mpa-2-0-free-trial-information

📱Urban Forex Mobile Apps: https://www.urbanforex.com/app-store

📈 In this video, Navin is using the software TradingView to look at his charts, get your access to the same charts here : https://www.urbanforex.com/tradingview

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Most Companies Haven’t Upgraded to Windows 11

Posted: 01 Nov 2021 02:44 PM PDT



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Upon its 2015 release, Windows 10 was declared the "last version of Windows" as Microsoft envisioned the operating system's future more as a service than software, supported by perpetual rolling upgrades.

So it came as a surprise to some when the company announced Windows 11 in June of 2021 and delivered the new version just four months later. Even more curious was a subdued rollout that left 62% of Windows users unaware of the operating system (OS), according to a recent Windows 11 consumer study.

With Microsoft tailoring several Windows 11 features specifically for business users, we wondered how the professional information technology (IT) community felt about the platform. To find out we asked several hundred IT professionals about their companies' implementation experiences and their initial impressions of the brand-new OS.

Key findings

  • Among the 83 percent of businesses running Windows, only six percent have fully migrated their machines to Windows 11. Around 40 percent of Windows-based businesses haven't upgraded a single computer.
  • Despite slow company rollouts, 81 percent of IT professionals had upgraded their own machines to Windows 11. Only 4 percent were dissatisfied with the new OS. 
  • Although half of IT professionals noted some issues with slow processing, Windows 11 received good grades against ransomware and malware. Nearly 40 percent of IT techs said this release is more secure than previous versions.

Companies Have Been Slow to Adopt Windows 11

Microsoft's flagship operating system remains the standard in the professional world, with more than 80 percent of IT professionals surveyed working within Windows-based networks.

Yet this commitment to Windows hasn't translated to a speedy adoption of the latest version in workplaces large and small. Overall, 42 percent of businesses that run Windows haven't installed Windows 11 at all and just over a quarter have upgraded the majority of their machines.

What percentage of your company's computers have been updated to Windows 11?

None 42%
Fewer than half of all computer 30%
More than half of all computers 28%

Adoption has varied slightly by workforce size, with installation proceeding most slowly among the smallest and largest companies. Many smaller companies expressed that they had no perceived need to upgrade, while some larger businesses acknowledged they simply lacked time to complete a company-wide switchover.

4 in 5 IT Professionals Have Upgraded Their PCs to Windows 11

Despite slow adoption among businesses, IT professionals who run Windows on their own computers have responded warmly to Windows 11. 

Eighty-one percent of IT professionals in the study had upgraded their personal machines to Windows 11, and nearly three in four were satisfied or very satisfied with the new system. Only 4 percent expressed dissatisfaction.

On the whole, IT professionals in companies that have started their Windows 11 rollouts indicate that the OS installs smoothly. Among IT workers who have commenced the Windows upgrade, two in three said the process has been simple for users in their companies.

How easy was it for your users to upgrade to Windows 11?

Very or somewhat easy 67%
Average 28%
Very or somewhat difficult 5%

However, not all transitions have gone off without a hitch. Around one in three techs noticed that the volume of user support requests ran higher than with previous upgrades.

This increase might be the result of an overhauled user interface or the product of perceived machine slowdowns. More than half of respondents reported that machine memory limitations had slowed processing under the new OS.

The negative impact of the memory issue may be offset by a notable improvement in security against ransomware and malware along with faster Wi-Fi speeds.

Security and speed on Windows 11, according to IT professionals

Problems with memory and processing speed

Security compared to previous versions

Wi-fi and Internet speed compared to previous versions

No problem 49% More secure 39% Faster 22%
Minor problem 36% Same 56% Same 69%
Moderate or major problem 15% Less secure 5% Slower 9%

This seal of approval from IT professionals also bodes well for the operating system’s eventual widespread acceptance.

What's Holding Workplaces Back from Windows 11?

Given the strong support for Windows 11 among IT workers, you may be wondering why more of their companies haven't been early adopters of the new OS.

The top reasons for delayed upgrades at companies of all sizes centered around technical concerns. IT workers noted that their businesses tend to be cautious and slowly roll out new software to avoid initial compatibility issues and possible zero-day exploits.

The pandemic-driven expansion of remote working was also cited as a factor that will prolong the rollout; upgrading machines that aren't centrally located is more complicated to orchestrate and dependent upon user cooperation. 

Top reasons companies haven't totally upgraded to Windows 11

Time constraints 20%
Need compatibility testing 14%
Waiting for first major patch kit 13%
Not a high priority 7%
Need to develop a project plan before rolling out 7%
Users are hesitant 7%
Hardware compatibility issues  5%
Software compatibility issues 5%
Workers are satisfied with Windows 10 performance and support 4%
Budget constraints 2%
Management hesitation 2%
Other  14%

Companies delaying adoption because of technical issues specifically cited a need for more internal vetting, fear of implementing an unpatched program, and concerns about compatibility with current hardware and software configurations.  

Our results revealed little explicit pushback against the new OS, but also little rush to install. Over half of those who haven’t yet updated indicated that they may do so after additional vetting, additional patching, or when they find enough time. This suggests widespread adoption could continue at a gradual pace over the coming months.

Conclusion

Windows 10 is a popular, stable OS currently used on over 1.3 billion machines. Given Windows 11's additional hardware requirements, low public awareness, and unproven record, its quest to replace the previous version will likely proceed slowly. In continuing support for Windows 10 until 2025, Microsoft seemingly accepts such a gradual rollout.

Businesses tend to be particularly slow OS adopters, choosing patience to ensure stability, security, and compatibility. Our research revealed profound professional reticence regarding Windows 11, which is not unexpected as the new version was released only a few weeks before our study.

Yet most companies currently delaying installation are wisely waiting only for more assurances and time, indicating that expanded adoption is on the horizon. Judging by the ease of upgrading, improved protections, and IT satisfaction, the new operating system is likely to be well-embraced.

Rather than hitting the scene light a lightning-fast hare, Windows 11 entered more like a tortoise; featuring a rollout that’s shaping up to be slow and steady, but will eventually become the business norm. 

Our data 

Business.com conducted an online poll of 453 currently employed information technology professionals whose companies primarily run Windows to gauge their interest, experience, and expectations regarding the latest Windows operating system. Windows 11 was announced on June 24, 2021 and released on October 5, 2021. The survey was conducted in October 2021.


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How to trade through Forex Gain Formula 7 Indicators | Tani Forex trading trend strategy Hindi Urdu

Posted: 01 Nov 2021 02:13 PM PDT




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This is 2nd part of Forex Gain Formula 7 Indicators trading. In this tutorial information about how to trade through Forex Gain Formula 7 Indicators. This is very profitable system, best thing about this trading indicator understand trend. Trend is best friend in Forex trading market. How to download this MT4 indicator free must watch our previous tutorial. This indicator result in all time frame very best. all information in this Forex gain 7 indicator system in Hindi and Urdu by Tani Forex. For more information about Best Forex indicator trading strategy must visit https://taniforex.com.

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Types of Business Insurance Risk

Posted: 01 Nov 2021 01:41 PM PDT



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Running a business is inherently risky, and while you can’t protect your business against every threat it faces, it’s important to protect yourself and your company in any way possible. Purchasing business insurance is a way to mitigate risk and protect your company against unforeseen events. Here’s a look at the concept of risk in business insurance, how insurance companies assess risk and what you can do to reduce risk as much as possible.   

What is an insurance risk?

As a business owner, you’re likely familiar with how to file an insurance claim. But many owners aren’t aware of how insurance companies view risk and how this factors into your coverage and costs. 

Editor’s note: Looking for the right liability insurance for your business? Fill out the below questionnaire to have our vendor partners contact you about your needs.

Insurance risk is the likelihood that an adverse event will occur, resulting in a loss. This adverse event triggers an insurance claim the insurance company will pay (if it’s a qualifying event). 

When it sells you an insurance policy, the insurance company takes on the risks associated with your company under the parameters of the types of policies you have. 

TipTip: If you need business liability insurance but aren’t sure where to start, read our reviews of the best business liability insurance providers to get a feel for coverage types and costs.

How does insurance risk work? 

A business owner buys an insurance policy to gain financial protection from certain risks or perils. After they purchase the insurance policy, a risk transfer takes place. The insurance company assumes the risk in exchange for a regular payment, called a premium. 

After the insurance company assumes the risk of financial loss, it places the business in a “risk pool,” a large group of businesses that share common risks of incurring losses. In other words, the insurance company spreads its financial risk over a large pool of contributors that are all paying premiums.

How do insurance companies assess risk?

Insurance companies assess risk through underwriting and claims data. 

The insurance company gathers relevant data.

During an insurance applicant’s review process, underwriters use objective and subjective information to assess the risk associated with the applicant. For example, does the business have a security system (objective information)? Does the building look secure (subjective information)? 

The underwriter also gains objective information from computer-generated loss runs, meaning it looks at your business’s claims history and experience rating mods and worksheets. For instance, the Workers’ Compensation Insurance Rating Bureau of California (WCIRB) says it provides a merit rating percentage to qualified policyholders. “The rating percentage is calculated based upon the policyholder’s audited payroll and losses for three consecutive policy periods, as reported to the WCIRB by the policyholder’s insurance company,” the bureau notes. 

The data-gathering process might be specific to the insurance coverage being sought. For example, the property underwriter may obtain an Insurance Services Office (ISO) property report. Your underwriter will also evaluate business-specific data. According to Elliot Whittier Insurance, your insurance underwriter may review: 

  • Payroll data
  • Sales data
  • Vehicle counts and/or mileage data
  • A description of your operations
  • Information about the officers and owners of the company
  • Information about job duties, names of subcontractors, certificates of insurance for subcontractors, and tax documents

What data does the business need to track? 

Elliot Whittier Insurance recommends that business owners track time and payroll for different work and job categories, which allows for the lowest workers’ compensation premiums that still protect both workers and the company. In addition, it offers the following suggestions:  

  • Get certificates of insurance for your subcontractors, including general liability insurance and workers’ compensation.
  • Ensure a responsible and informed individual is present and available for onsite audits.
  • If you own a restaurant, keep tip records.
  • Inform your agent right away of any significant changes to your payroll, whether they’re increases or decreases.

The insurance company issues a rating.

After the insurance company gathers all the relevant data, the next factor is rating. The rating system assigns a price based on what the insurer believes it will cost to assume the financial responsibility for the applicant’s potential claim.

Underwriting will sort applicants into groups (risk pools) that present similar risk levels and then accept, deny or limit coverage for each applicant group. Underwriting sets a rate for each pool based on claims data for the group’s applicants. If a pool has claims data with higher average losses, it will have higher assigned premiums. 

FYIFYI: Underwriting is not a one-size-fits-all approach. Each insurance company has its own determining factors when evaluating a pool.

What are the types of insurance risks in business? 

Now that we’ve examined how underwriters deny or limit coverage for a group of applicants, here are some examples of common insurance risk types in business. 

What are the costliest claims?

Below is a list of the costliest claims reported for small businesses, according to claims data from insurer The Hartford. Learn more in our in-depth review of The Hartford.

We also include suggestions for the business insurance coverage type that could help mitigate this risk. (Be sure to check for policy restrictions or coverage waivers.)               

  1. Reputational harm: Average claim cost is $50,000. Consider reputational harm (risk) insurance or commercial general liability insurance.
  2. Vehicle accidents: Average claim cost is $45,000. Consider commercial auto insurance.
  3. Fire: Average claim cost is $35,000. Consider a business owners policy (BOP), commercial property insurance (business hazard insurance), commercial fire insurance or business interruption insurance.
  4. Product liability: Average claim cost is $35,000. Consider product liability insurance
  5. Customer injury or damage: Average claim cost is $30,000. Consider a BOP or commercial general liability insurance.
  6. Wind and hail damage: Average claim cost is $26,000. Consider commercial property insurance (business hazard insurance).
  7. Customers slipping and falling: Average claim cost is $20,000. Consider a BOP or commercial general liability insurance.
  8. Water and freezing damage: Average claim cost is $17,000. Consider business property (business hazard) insurance.
  9. Struck by object: Average claim cost is $10,000. Coverage depends on where the incident occurred and if the injured party is an employee or a third party. Consider workers’ compensation insurance, general liability insurance or a BOP. 
  10. Theft and burglary: Average claim cost is $8,000. Consider a BOP or commercial general liability insurance.

The recommended policies listed here are examples, but it’s critical to check with your insurer for policy details and speak with an insurance agent to address your specific business needs. 

Did you know?Did you know? A business owners policy often combines general liability, business income insurance, and commercial property insurance into one policy.

What are other common claims?

As a business owner, you should be aware of these other common claims.

  • Mistakes in professional services: Consider errors and omissions insurance if you provide a service, or request a surety from your clients if you use their professional services. Professional liability insurance is also recommended.
  • Third-person injury on a construction job site: Consider commercial general liability insurance.
  • Construction damage: Consider builder’s risk insurance. 
  • Data breach: Consider cyber liability insurance.
  • Property damage: Consider commercial general liability insurance and a BOP. 

A note about COVID-19 and insurance coverage

Pandemic-related risk has been a hot topic as it relates to business interruption insurance, risks associated with workers who interact with the general public (third parties), and workers who could file a workers’ compensation claim. 

On May 28, 2021, the U.S. Equal Employment Opportunity Commission (EEOC) updated its guidance related to COVID-19, vaccines, and the workplace, saying that workers can file a workers’ compensation claim if they have an adverse reaction to a vaccine after an employer-issued vaccination mandate (however, this doesn’t guarantee the claim will be filed).

As far as business coverage for COVID-19 is concerned, total claims can, at most, be kept within limits of available capital. Only a few businesses have bought pandemic-related coverage, probably because the price may be too high for the protection offered, according to an economic briefing held by Triple-I chief economists Steven Weisbartt and Michel Leonard. 

How can I reduce risk?

The primary way to reduce risk is to institute a formal loss control program, which helps policyholders reduce claims using risk management and safety resources and training.

There are a few other ways to reduce risk: 

1. Follow your insurer’s risk control guidance.

Some insurers offer risk management programs for their insurance policyholders. Many other insurers also offer risk control representatives, who can give suggestions and guidance.

For instance, CNA’s risk control consultants can guide you through the contractual risk transfer as you enter into a contract with an outside entity (a subcontractor, tenant or service provider), which creates a new set of risks and liability issues. 

CNA also features PrepWise, which helps with risk assessment. This includes CyberPrep, which focuses on a business’s cyber risk and is available to all CNA cyber policyholders. Learn more in our CNA review

2. Reduce your auto-related risks.

Insurance companies help policyholders mitigate risks associated with auto accidents. For instance, a common risk is distracted driving. 

According to a Travelers Insurance survey, 1 in 4 businesses have had an employee get in a distraction-related crash while driving for work. Companies can buy distracted-driving policies to insure against this risk. 

Travelers also offers its customers low-cost ways to reduce risk, such as asking employees to set their phones to “do not disturb” and forbidding texting while driving.

Your business can also use risk management software to analyze data from previous accidents and claims to learn how the risk could have been mitigated.

3. Mitigate your cyber risks.

Cyber risk is among the top concerns of businesses surveyed in the 2020 Travelers Risk Index. The insurer recommends that companies use a business virtual private network (VPN) instead of a Remote Desktop Protocol since a VPN allows for data encryption and protects sensitive or private information. Travelers also recommends using multifactor authentication.

Travelers points out that some roles within a company aren’t suitable for remote work because they’re at high risk of creating legal issues if the data is compromised. For example, consider a business that retains testing or other COVID-related information on an administrator’s laptop. Under the Health Insurance Portability and Accountability Act (HIPAA), any covered entity or business associate that collects, processes, or stores protected health information is required to implement security and privacy controls to protect its confidentiality, integrity and availability (also known as the “CIA triad”). 

Travelers warns businesses that employees working from home should never allow anyone to access company resources. Employees should use only company-authorized devices for remote work, and they should dispose of company documents properly. 


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Forex Trendy – Best Trend Scanner

Posted: 01 Nov 2021 01:13 PM PDT

Product Name: Forex Trendy – Best Trend Scanner



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Description:

So, how do you find out which Forex pair and time frame is best to trade?

Knowing the trend is crucial. Sure, you have experienced times when you entered the trade and waited during the choppy zone while some other pair was making a solid move. Trading the market that turns up and down and takes back all the profits during a series of losses feels like a slow torture…

Forex Trendy is a software solution to avoid trading during uncertain market periods. Instead, pick the best trending pair at the current time.

It uses no indicators, but the trend is determined by pure price action.

It quickly scans 34 Forex pairs on all time frames from minute to monthly. That’s 34 x 9 = 306 charts. Forex Trendy analyzes all the charts for you every second! This way, you get the best trending pair and time frame at any time you want.

The software runs on our powerful computers so you instantly get the result online. Therefore, you can use your favorite trading platform such as MetaTrader, NinjaTrader, TradeStation… and there is nothing you have to download or install. It is very easy to use.

The truth is that most Forex systems or robots make money with the trend, but lose money in a choppy market. For example, imagine you trade a system that makes 50% winning trades, but another 50% are losing trades. By following the trend you would dramatically increase the odds of winning. If you increase the odds of winning by only 20%, that would make 70% winning trades and 30% losing trades. This can make the difference between losing (or breaking-even) and winning. In other words, by following the best trend it can only be better.

Avoid struggling with the erratic market chaos when the trend direction is unclear. Take only confident trades in the best markets at the current time.

You would be the one knowing which one particular (even exotic) pair is trending while other traders wouldn’t notice it without this tool. Knowledge is power!

Forex Trendy is a much more sophisticated application capable of recognizing the most reliable continuation chart patterns. It scans through all the charts, on all time frames and analyzes every potential breakout. After considering the reliability of the pattern it tells you something like this:

And you see the chart with the trend lines forming the triangle and the breakout point – all that clearly drawn for you. The trend line looks solid with many touching points, so you are prepared for the massive breakout. Something you would miss unless you have supernatural powers to watch and analyze all the charts! Such events happen very rarely in one single chart. It’s not just drawing trendlines, but it’s actually looking for reliable patterns formed by strong trendlines having more than two touching points at a certain distance.

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How to flip small forex accounts – how i grow small forex accounts

Posted: 01 Nov 2021 01:11 PM PDT




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How to flip small forex accounts – how i grow small forex accounts. Not everyone is able to start trading with a big forex account. In fact, if you are a beginner, it’s certainly better for you not to risk a big amount of money right away. At the same time, smaller accounts do require a special approach.

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What is a Forex Trading Strategy?
A forex trading strategy is a technique used by a forex trader to determine whether to buy or sell a currency pair at any given time. Forex trading strategies can be based on technical analysis, or fundamental, news-based events. The trader's currency trading strategy is usually made up of trading signals that trigger buy or sell decisions. Forex trading strategies are available on the internet or may be developed by traders themselves.

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How to Differentiate Your Product From the Competition

Posted: 01 Nov 2021 12:39 PM PDT



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As a business owner, you need to know how to differentiate yourself from your competitors. Business differentiation is what gives your brand the upper hand; it’s how you distinguish yourself from your rivals in a way that piques interest and keeps customers happy. It’s essential to know how to differentiate yourself from your competitors so that your brand stands out in a positive way from all the rest. If you find a way to distinguish your business from a similar one, you’re already on track for success.

What is product differentiation?

Product differentiation is what makes your items or services unique. This can be because of a particular technology or design you own, specialty support you offer, a stellar customer experience you create or anything else. The goal here is to identify and focus on the aspects of your product or service that make customers want to work with you.

Why is product differentiation important?

Consumers have many options in nearly every sector for purchasing decisions, including restaurants, furniture and electronics. What makes them choose one brand over another? This is where product differentiation comes into play. These are three ways that product differentiation is important:

  • It helps you gain a competitive advantage. It’s only natural that customers compare your product to similar ones on the market. Be prepared for these comparisons by knowing what makes your product or service special.
  • It helps you build brand awareness. All parts of your brand identity can be used to help build brand awareness, including your logo, brand storytelling, your company mission and the unique value of your product.
  • It helps you build a relationship with your target audience. Consider your ideal customer when creating a strategy to discern your product. What features do they need and want? How much will they pay? How do they make purchasing decisions? Knowing your audience can help you shape how you separate your product from others in the market.

Bottom LineBottom line: Product differentiation is vital for your unique brand identity and awareness, giving you a competitive advantage in the market.

Types of product differentiation

There are three types of product differentiation: vertical differentiation, horizontal differentiation and mix differentiation. Here is a bit about each:

Vertical differentiation Customers rank their options based on an objective factor, such as feature availability, price or quality. These lists are often sorted from best to worst, or vice versa.
Horizontal differentiation Customers sort their options based on a subjective factor, such as personal viewpoint or tastes. Choosing a product based on available color or flavor is an example of horizontal differentiation.
Mixed differentiation This combines objective and subjective factors. This differentiation type means that consumers are evaluating pricing and features with their own wants and needs. For example, buying a computer involves a mix of vertical and horizontal differentiation. A customer will take objective factors, like price and necessary features; and subjective factors, like the color of the computer, into account.

How to differentiate your products

These are a few key ways to stand out among your competitors:

1. Offer unbeatable customer service.

Research from Microsoft shows that nearly 60% of consumers won’t hesitate to switch brands when customer service doesn’t live up to their expectations. So, if you think you can cut corners with customer service spending, think again. Allocate more budget for customer service as you continue to grow. This helps you stand out from the crowd by placing the focus of your company on having the best customer service possible. As time goes on, the correlation between customer service and your business’s success will only grow stronger. 

Also, take customer feedback seriously. Treat each customer like their experience is unique, and act like they’re your most important buyer. If you make it easier for your customers to do business with, you stand a foot taller than your competition.

Research has shown that consumers are willing to spend more on a company if it means a better service experience, so why wouldn’t you want to make your business more consumer based?

You can check social media to see what people like and dislike about your brand. Apply what you learn from those comments and feedback to improve your product or service, creating a more positive overall experience. Social media has a significant impact on how businesses fare. A couple of bad reviews could mean significantly less revenue, so pay attention to any online chatter. It may also be a good idea to publicly offer this person a discount or coupon for a chance for a better experience next time.

2. Lean into your niche.

There’s no possible way you’ll be able to appeal to every single person out there. Everyone has different interests, needs and reasons that drive them to buy. It’s not cost-effective to be so general in your approach that people are confused about your message.

Instead, you should “niche down.” Be the expert in a sea of generics.

Your niche market allows you to market how your brand is different – and better – than your competitors. Do more for your customers than they expect from you. Go above and beyond to ensure their needs are met.

To do this, identify what your customers need from you and what matters most to them. This may be how quickly an issue gets resolved, a flexible return and exchange policy, or friendly engagement with employees – knowing these things will improve your ROI and get you positive reviews. The more emphasis you put on what you excel at, the happier your customers will be.

3. Add a personal touch.

Creating an emotional connection through your brand is critical to stand out. For every happy consumer, nine referrals come out of it. That’s a lot of extra business.

It’s even better if you put extra focus on making your existing customers happy. It’s 14 times more likely that you’ll sell to an existing customer than a new one. They already have experience with your products and trust you as a brand, so it’s easier to convince them to buy again. This emphasizes the importance of building a relationship with longtime customers, because they can easily make up the bulk of your profits.

You can do this by making their buying experience more straightforward, knowing what they need and are looking for, and making your brand’s message catered to them. Personalizing any aspect of your business is a step in the right direction to give your patrons what they want.

There are many ways you can choose to be different from others in the business world. These seven tips should help you get started on a few things that really matter: your customers’ experiences, how you brand yourself and personalization. If you go the extra mile to ensure your consumers are happy, it’ll do your business good.

4. Use price as a distinguishing factor.

Using price to distinguish yourself doesn’t always mean offering the lowest price. Today’s market allows for all sorts of pricing models, including freemium and subscribe-and-save.

TipTip: Your prices should be competitive, but a race to the bottom doesn’t benefit anyone. You may even consider higher prices in exchange for offering a higher quality product than your competition.

5. Give your customers options to customize your products.

According to the Deloitte Consumer Review, one-third of purchasers seek out custom products. They are willing to pay 20% more for them, and in many cases there’s a minimal increase in production costs with any customization. Allowing your customers to personalize your product can be the deciding factor for them to go with your company over the competition.

6. Be socially responsible.

A CGS study reported that nearly 50% of consumers were willing to pay more for socially responsible products. Social responsibility can take many forms, including donations to charity, sustainable manufacturing, community programs, and fair benefits and wages for your employees. It shows that you are concerned about people instead of just the bottom line, and patrons want to purchase from companies they feel good about.

7. Use speed to your advantage.

It gives you an advantage if you can deliver faster than your competition. Particularly with online shopping, speed is often the deciding factor. Customers want their products quickly, and they will choose the company that can deliver.


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Types of order in Forex Trading | Different types of orders in forex (2020)

Posted: 01 Nov 2021 12:09 PM PDT




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Today, we will learn about the different types of order in forex trading. If you want to learn what is a market order in forex trading, what are the different ways of order in forex trading, easy way of order in forex trading. I am giving you detailed information on types of a limit order.
There are two different types of orders in forex, what is a market order in forex
Market order and a limit order.

00:00 – Types of order in Forex Trading
00:12 – What is a Market Order in Forex?
00:45 – What is Limit Order / Pending Order?
01:26 – Types of Limit Order

A market order is an order in which the trade gets instantly executed at the current market price.

It is like, you give an order to your broker that you want to buy/sell a currency pair at the present price which the broker is offering.

For example, let’s say you found a buy entry on GBP/JPY and you want to buy it at the current price itself.

For that, you will go to mt4 or any other platform and enter a market execution of buy trade. this trade or the order will be filled instantly and is called a market order.

the other type of order is a limit order, which is also called a pending order.
a limit order is an order that gets executed later at the price at which you want to buy or sell.

it is like the trader’s instruction to a broker to buy or sell a CURRENCY PAIR in the future under pre-defined conditions.

for example, if you found through technical analysis that when the price touches some level on USD/JPY it will be a good sell trade. then you can go to mt4 and create a sell limit order at that price.

and this trade will only be opened when the price reaches your desired level in the future.
now there different types of limit orders. some trading platforms provide 4 types of limit order and some even provide 6 types.
like in mt4 you will get to use 4 types of limit orders and in mt5 you will get to use 6 different types of limit orders.

btw if you are new to forex and don’t know about mt4 and mt5 you can check out my video on it.
by clicking the I button
so there are 6 different types of limit orders.
buy limit, sell limit, buy stop, sell stop, buy stop limit and sell stop limit.
in the next video, I will tell you about these orders in detail and will also tell you how to use these orders to improve your trading.
make sure you subscribe to this channel as I will be posting a lot more advanced videos about forex and if you are new to forex then you can check out my beginner’s playlist.
So this is the best information on types of limit order. And try this best way of order in forex trading.
This full guide on different types of orders in forex 2021 will be very useful to you. Try this types of limit order technique to get success.

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