Archive | March 17, 2017

Can Employee Monitoring Software Improve Productivity

A growing number of business owners and managers are concerned with employee productivity and with good reason. Today, the vast majority of workers require some level of access to the Internet to do their jobs. In fact, many employees need to work online throughout each working day. Many of these workers give in to the temptation of the Internet and end up spending an inordinate amount of time engaged in personal business online. This, of course, has a negative impact on employee productivity. As this problem grows, more and more employers are taking different approaches in an effort to resolve the issue. Some have tried blocking access to certain websites, but this can prove to be more of a problem than a solution if the employees need to occasionally access Blocked Websites to perform their jobs. Blocking software typically works by blocking access to entire categories of websites, which all too often means that business-related sites are included within those categories, and employees aren’t able to access the blocked websites that are related to doing their jobs. Other employers have tried Employee Monitoring Software in an effort to improve productivity. This type of software tracks the Internet usage of each employee, informing the business owner or manager which websites are being accessed by which employees and how often. While this information may be valuable at first in determining which workers are wasting the most time during the workday, ultimately it doesn’t do anything to improve productivity. In fact, this type of software, which is often called “spy ware” because of its invasive nature, can lead to a lack of trust on the part of employees once they discover that their boss is “spying” on them. That lack of trust can lead to resentment, and resentment can lead to a lack of motivation. Considering it was probably a lack of motivation that first caused the employees’ reduced productivity to begin with, “spyware” only serves to make a bad problem even worse. The first step toward resolving the issue of decreased productivity really involves finding out the root of the problem. After all, if employees are wasting time at work, it can’t be entirely the fault of the Internet – it has to be related to the job itself or the work environment. If an employee is unhappy with the job for some reason, or if the worker has a conflict with either the management or other employees, that can have a detrimental impact on his or her work performance. The next step on the road to improving employee productivity involves finding ways to provide positive motivation for employees. Once they want to do a better job, they will, and their Internet access won’t play a role one way or the other.

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Forex Robots And Automated Trading – Is It Possible

With all the new automated forex trading systems popping up on the internet it leaves us with many choices and the question which ones actually work and which ones are complete junk. The truth is,good forex robots do exist, it’s just a matter of knowing what to look for.

One of the primary reasons traders fail is due to a lack of experience and misunderstanding of the psychological aspects of the market. There are more and more speculators popping up in the markets each and everyday trying to reach their trading goals in the forex market. Forex trading also involves a lot of risk and with that it requires one to have complete control along with excellent discipline. The problem is most traders, even the experienced ones either do not have the time to trade or cannot discipline themselves to follow a set of rules.

Fortunately for us, we’ve developed forex robots, or again, expert advisers that do the thinking and trading for us. Forex robots have many benefits and one is the robots ability to remove all human emotion from trading, thus enabling the system to make sound trading decisions based on a set of rules and indicators that have proven themselves overtime. Another benefit from expert advisers and forex robots is there ability to adapt to changing market conditions and to place trades even while you’re away from the computer.

So then, we have to ask ourselves, what does a good forex robot look like? A solid forex system will have a success rate of 60% or higher and the system will have the ability to adjust stop losses and targets accordingly to hit it’s profit targets. A good forex system should be built around just a few currencies rather than trying to cater to all major currencies. The reason being, each currency tends to have it’s own predictable ranges and movement. It’s almost impossible for a forex system to be able to cater to each currency, therefore the ones that stick to just a few tend to be the most successful.

A solid forex robot uses sound money management and never over trades. Though it’s good to find systems with a 60% success rate or higher, ultimately proper money management will allow you to maintain consistent returns even if you lose the majority of your trades. How is this possible? Using a risk to reward ration of 3:1 or better. Meaning, if you win 3x the amount you lose, than you can be wrong 40% of the time and still come out a profitable trader in the end.

There are plenty of forex systems and robots to choose from. The good ones are not hard to find and sometimes can be right under your nose. Make sure do your research.