FX options are an over-the-counter derivative that gives the right but not obligation to buy or sell a currency pair at a predetermined rate on (or before) a specific date. A call option gives the right to buy a currency pair at a specific rate, while a put option grants selling rights. In both cases, they are traded in lots and never for individual units – one lot is equal to 100,000 units of the base currency being bought or sold.
Create an account with a brokerage firm
Most brokers do not require in-person registration and typically offer 24/5 customer service. To log into your account after it is created, go to the broker’s website and type in your username and password. You can find a broker here: Saxo broker Saudi Arabia.
Deposit funds into your trading account
Your broker will provide you with deposit options based on the type of currency you wish to use for transactions. For example, if you are depositing dollars, they can be wire transferred from a US bank or sent via MoneyGram. If using dirhams, there are various ways to transfer money depending on which country you are sending it to. Withdrawals are usually processed through the same means as deposits for easy management of all transactions.
Choose an expiry date for your option
Most brokers offer weekly, monthly and quarterly options, but it is always best to check with them which products are available in your region. FX options typically expire on Fridays or the last working day of the month at 5 pm EST, depending on which broker you use. You can choose any date within these timeframes to trade your option contracts.
Buy Calls/ Puts using your newly deposited funds
When you log into your account, there should be a section dedicated only to trading currencies – this is where you will buy and sell all Forex future contracts. Select “FX Options” and select the currency pair you wish to trade (Eg: EUR/USD) and choose “Option” or “Call”. You can also purchase a contract by clicking on an existing open transaction.
Set up stop-loss orders for all your contracts
Most brokers offer this service, but it is done through different means, so the best way is to contact their customer support team directly. The stop-loss order allows you to predetermine at what rate will your option be closed if the market goes against you so that your losses are limited to just that amount of money.
Set up an alert for your contracts
Your broker will typically offer a text message service that notifies you when a specific contract is about to expire. Still, it is best to check their website directly as different options may be available depending on what region you are trading from. It allows you to monitor rates at all times and lock in profits immediately before the contract expires if the market moves favourably towards you.
Closeout your contracts as soon as they hit 100% of their value
When this happens, open a new transaction and select “Close”. You can also close out transactions by clicking on existing open deals so that there is no need to monitor the market continuously. You can withdraw the total amount earned after closing all deals to your bank account.
Benefits of trading forex options online
No need to monitor market fluctuations continuously
Once you’ve set up your stop-loss orders, you don’t have to spend time monitoring changes in rates or refreshing charts – all you have to do is wait for an alert telling you when it’s time to close out your position. If you’re new, this system makes it easier for beginners unfamiliar with market fluctuations.
Risk is limited to the amount of money invested
Unlike margin trading, you can’t lose more than your principal investment with FX options as losses are predetermined, allowing investors to enjoy peace of mind even when trading without prior experience. There’s no need to rush into transactions, and there is an option for a refund if you think the deal won’t work out in your favour.
Employee engagement can play a key role in many aspects of your business including company success, employee retention and more.
According to a recent Gallup poll, employee engagement is on the rise. Thirty-four percent of U.S. workers are “engage,” tying the highest mark since Gallup began tracking the trend in 2000. “Actively disengaged” employees are at an all-time low at 13 percent. While this is a reflection of the improvements to the modern workplace, there’s still much work to be done by organizations to ensure they’re setting foundations for positive work environments. This is the skill of a good people manager if he can ensure this environment.
Gallup notes, “the remaining 53 percent of workers are in the ‘not engage’ category. They may be generally satisfied, but are not cognitively and emotionally connected to their work and workplace; they will usually show up to work and do the minimum required, but will quickly leave their company for a slightly better offer.” That total 66 percent (actively disengaged plus not engaged) represents an opportunity to retain talent by bringing greater awareness to engagement and looking for ways to positively impact the employee lifecycle.
Employees Engagement
The focus on employees engagement is on the rise globally. And it is not an issue relegate only to the HR team of an organization. It is a business concern that requires serious consideration. In this piece, we discuss what employee engagement means, why it is critical to the bottom line of an organization, and effective technology-enabled employee engagement strategies.
Simon Sinek, author of Start With Why, describes employee engagement in the simplest of terms: “When people are financially invest, they want a return. When people are emotionally invest, they want to contribute.”
Gallup’s Study
When employee engagement is high, Gallup found that companies benefit from:
Higher customer satisfaction: Customer satisfaction levels were up to 10% higher for companies with the most engaged teams.
Higher productivity: The most engaged teams were 21% more productive.
Greater profits: Businesses with the most engaged teams had 22% higher profits.
Beyond those high-level impacts, Gallup’s study also reported that in companies with high engagement rates, employees took fewer sick days, retention rates were higher, inventory shrinkage was smaller, safety incidents were less frequent, and product defects were less common.
Employee engagement is one of the key competitive differentiators in today’s business landscape. A highly-engaged workforce performs remarkably better than its counterparts, benefiting everyone in the company, from individual team members to leadership, as well as customers and shareholders.
4 Top Juicing Recipes with the best juicer machine for Weight Loss
With several people juice for weight loss can be confusing if you are new to weight loss with juicing. It is important to know that juice recipes for weight loss not only help you reduce your weight but also keep you healthy during the course. Taking juices does not mean that you are taking a liquid diet. It is about adding fresh juices to your food which can speeds up weight loss. Drinking fresh juice is a great way to load up a huge variety of the anti-oxidants, fiber, vitamins, and minerals. It is vital to choose the best juicer machine to get the maximum quantity of the anti-oxidants, fiber, vitamins and minerals. The choice of a juicer machine can decrease the quantity of the vital elements in your juice which help you in weight loss.
During weight loss, you need ingredients in your juice recipes that can boost your metabolism and fat burning process. For several health benefits, these are highly wonderful. Here are 4 top juicing recipes for weight loss.
Mean Green Juicing recipe for weight loss
The ingredients of Mean Green are;
Half Lemon
6-8 Kale
1-inch Ginger Root
1 Cucumber
4 Celery stalks
2 Apples
Put all the ingredients in the best juicer machine, add some water and enjoy a healthy juice in a short time. If you have a centrifugal juicer, you can make this juice very easily. A masticating juicer machine can also be a good choice to get maximum value of the vital elements. Masticating juicer may take view more minutes to get you a nutrient full juice. This juice contains vitamin C and A to promote skin and eye health. Vitamin C increases the metabolism and ginger is good to reduce inflammation. All these ingredients are great to improve your health while losing weight.
Up Beat Juicing recipe for weight loss
The ingredients of Up Beat are;
Half cup whole Strawberry
One Orange
Half Lemon
Half Cucumber
One stalk medium Celery
6 medium Carrots
Beet Root
2 medium Apples
Add these items in the best juicer machine to get a tasty and nutrient full juice. It boosts stamina and helps in improving blood flow. This helps in lowering blood pressure. Users can take it in the morning with a heaping scoop in cold water. For getting good result, it is vital to drink this smoothie in the morning with empty stomach. The fine granule crystals will instantly go to perform opening blood vessels. It regulates flow of blood to all parts of the body.
Beets and Treats Juicing recipes for weight loss
The ingredients of Beets and Treats are;
¼ Pineapple
One medium Orange
Half Lemon
Two leaves of Red Cabbage
Two hand full leaves of Spinach
One Beet Root
Process all the ingredients in the juicer machine and make a juice. Stir it well before drinking. Beets are powerful food stuff. It contains nitric oxide in good amount. Human consumes beets for millennia. It contains portion in red root with leafy greens and sprouts. Beetroots have content of maximum sugar in all vegetables. It contains vital mineral and vitamins including phosphorus, magnesium, vitamin B6 and C with fiber. Beets have plenty of carbohydrates that offer weight gain.
Sunset Blend Juicing recipes for weight loss
The ingredients of Sunset Blend are;
2 medium apples
One beet root
One Large carrot
One medium Orange
One sweet potato
Process all the ingredients in the juicer machine and enjoy a tasty juice. It is a weight loss supplement that is working for your genuine health. For keeping your body fit and healthy it gives vitality to the body. This product gives you complete help to keep you fit effectively by reducing weight.
There are many juicer machines out there in the racks of your nearest store or while visiting an online store like Amazon. Some will be attractive due to their shape and some will be attractive due to its price. But there is another quality which make a juicer the best juicer machine. The best juicer machine is one which helps you get the maximum quantity of vital elements like anti-oxidants, fiber, vitamins and minerals from the ingredients you are making juice of. You must know the difference between a masticating juicer machine and a centrifugal juicer machine to find out which one is the best choice to get the nutrient full juice in your weight loss program.
For maximizing health naturally, it is important to choose high-quality food and the best juicer machine. It is the way to makes the weight loss process go like fun.
3 Reasons Why Promotional Gifts Benefit Your Business
Do you remember when you were a child and someone you love offered you candy? Or maybe some loose change to buy gum? What did you feel? Gratitude, love? The simple act of gifting a gifts to others has the power to create strong social bonds and build trust between people.
In this post, we explain to you what advantages gratitude has in the business world.More specifically, the impact that promotional merchandise or gifts have on the creation of loyalty to your brand and how it can improve the relationship with your customers.
Here are the three main reasons why promotional gifts should play a key role in your business:
1. Increase sales
Promotional items are conceived with the idea of strengthening ties with the customer and germinating in their mind a positive association with your company. This could contribute to a considerable increase in sales. Or it could simply put your brand at forefront the minds of your customers, which is still a big step.
But in today’s competitive environment the mere fact that there is interaction through the giving of a gift can be the determining factor in the purchase decision of that client.
2. Jog the memory of the customer with gifts
You probably recall the keychain you received from your bank when you took out your mortgage a few years ago. Or maybe that pen printed with a logo of the hotel you visited on your last vacation. These articles are an example of how promotional gifts are of vital importance when generating a brand image. They leave a latent memory in the subconscious of those who have daily contact with them.
In this sense, the following question should be asked: What is more profitable in terms of branding: an expensive campaign on television, radio or in the press; or the creation of a promotional gift campaign?
There is no doubt that giving a gift to a client (current or potential) provokes a reaction in them. It also creates an emotional connection for them with your brand. Make no mistake, we all like to receive a small gift from time to time. It makes us feel appreciated by the person who gives it to us. It also generates in us a feeling of comfort and so helps reinforce loyalty.
These 3 reasons show the importance of promotional gifts in improving customer relationships. But if you want to take full advantage of such a strategy, it is a good idea to integrate promotional gifts within a well-defined loyalty strategy. By doing this, you can take advantage of their full potential.
Tips for Nailing Your Chatbot Content Strategy As A Competitive Advantage For The Future
When chatbots first came into place, they evoked mixed reactions from the public. This is because they hit the market on a massive scale. They were also praised for ease of use and improving customer retention capabilities as they solved their problems instantly. They were, however, critiqued for their lack of true human intelligence. The industry is embarking on a perfect intelligence system that will work to depict the true values of true human intelligence. The technology for developing chatbots that offer 100 percent human information is not yet in the industry. Creating a reliable and repeated experience is important. Companies will move forward if the chatbot industry enhances its solutions. Let us look at how we can nail chatbot strategy when it comes to content.
1. Ask Questions
When users ask questions through the blogs, they need answers to them. Users would also like to interact with the company’s customer representatives in a comprehensive manner that highlights their true challenges towards solving the problems their face. When the chatbot provides answers to the questions, the clients pose as well asking them questions regarding the answer. The clients will feel they have one of the most sophisticated experiences that engage their loyalty.
2. Give options expressing personality
The main aim of the chatbots is to offer the emotional response to the clients who seek their services. They are not there to solve the actual problems the clients face. However, they offer an unparalleled solution to assist calm the client down for a solution expected in the next business day from the company. Ensure that the sentences that the chatbot writes lead to a single path towards solving the problem stated by the client. However, you can just place the chatbot to create an illusion that someone cares for the clients.
3. Use Video, Audio, and GIFs
This is one of the most sophisticated parts of solving the problems facing your clients. When the content uses engaging solutions such as videos, it goes without saying that the solution will arrive home faster and better. Teasers are also expected on offer within the conversation. You can also use special words that invite the client to see what you want to offer in a teasing manner. Ensure you are clear to the users to let them know that they are talking to a bot. While there is no technology available in the world that can mimic human intelligence 100 percent, people will not trust you if they find it out. Otherwise, honesty is the best policy. Chat-bots are also optimized for healthcare government and more.
4. Keep short sections
For each interacting, ensure you keep the lines to the minimum, a maximum of four lines will work best to achieve the desired message. Ensure that the sentences and lines are never too long, this is because the reader can be bored with otherwise confusing statements. Remember that this is a chatbot. Chatbots don’t solve problems. However, they give the available information depending on how you programmed them to understand. Ensure you rearrange all content for better information delivery with the bots.
Companies need to monitor incidents and resolve them so that they don’t occur again and hamper company growth or detract from profits. Fortunately, these days there exist automated solutions that can handle incident resolution in a highly efficient way. Any business owner knows that customers will expect incidents to be resolved immediately, and they will go elsewhere if issues become persistent problems that detract from the customer experience. Any company with a complex infrastructure knows how difficult it is to manage and mitigate all the potential issues that could lead to outages and degradations that can compromise a company’s success. PagerDuty is an optimal solution.
There are many things that PagerDuty can do when it comes to resolving incidents and providing effective management of company problems. PagerDuty can, for one thing, provide an immediate understanding of both the issue and any correlated events affecting infrastructure. Issues require not only looking at the root cause, but also the impact the issue has elsewhere and the dependencies that result from the issue. PagerDuty offers alerts that reach a whole group and automatically send warning out to the person within the company who needs to be aware of them. This makes troubleshooting simpler and also allow for proper leveraging of the workflow to respond to incidents by bringing the right people into the efforts and also informing any interested individuals of what’s going on so that they can respond accordingly.
Incident Resolution Goals
The goal of incident resolution and Pager Duty is to reach a resolution in a more timely manner. Any degradation can’t last a minute ;ing if you want your company to survive and thrive. With PagerDuty, it’s possible to easily take advantage of developments so that organizations can be made able to provide services that offer the highest level of both performance and protection of the brand so that it is sustainable into the future.
However, the capabilities of PagerDuty don’t stop at merely dealing with incidents when they occur. They also can be focused around incident prevention. Incident prevention can save a company thousands of dollars in profits while also saving business owners and management professionals from a lot of headaches. Incident resolution tools like PagerDuty will allow issues that might not have been expected to be predicted and avoided. One of the hallmarks of PagerDuty is that it institutionalizes learning, thus opening up new dialogue on previously unthought of topics so that a company’s staff is less likely to be caught off-guard.
Conclusion
When it comes to running a company, the more you know the better off you are. Incident resolution tools help you to learn more about your company and to mobilize your staff around the efforts of incident management and incident prevention. To cope with and avoid incidents, information must be centralized while also being designated to the appropriate authority, and this is what PagerDuty is all about. Business owners can find out more about this important company tool to prevent their next incident from cutting into their bottom line.
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