Published on: 30 October 2018
Last Updated on: 04 November 2024
Every online trader knows that reading a candlestick chart is just part of their skillset. Without it, you won’t be able to glean all the information you need about the market in mere seconds. And while other charts offer a lot of data about stocks, trends, and market movement, candlestick charts are quite popular thanks to their ability to condense a lot of information in their structure and the way the body, color, and shape of the candlesticks are represented on the chart. To help you get up to speed with this important concept here’s a breakdown of candlestick charts as well as a guide to doji candlestick pattern.
Unique Candlesticks:
Shaped like a candle, data on the chart are represented by a candlestick shape called the body. That body could be hollow or filled each denoting a different piece of information. There’s also the long thin line above and below the body. They are called “shadows” and refer to the high and low ranges of the price. The top shadow represents the high end of the price while the bottom one is for the low range. A hollow body represents a stock that closes higher than its opening price. In that case, the top shadow refers to the closing price while the bottom shadow represents the opening price. On the other hand, a stock closing lower than its opening price is represented as a filled body with the bottom shadow depicting the closing price while the opening price is represented by the top shadow. Thus it is easier to interpret the candlestick charts compared to other charts and learn more about the market trading with just one look.
Bodies Long and Short:
When you look at the chart and see a long body you can tell right away that there’s a lot of trading on that stock. The opposite is true of short bodies where little price movement is involved. Whether the body is black or white also tells you more about the kind of pressure the stock went through. A long white body means the buying pressure was extreme. They refer to a bullish wave and you should take a closer look at the big picture to make a good decision regarding this stock. Along black body is the exact opposite. It means the opening price declined and selling is rather aggressive. It’s not a good sign for that stock and you might see a panic in the market.
Shadows Long and Short:
Since the shadows represent the highs and lows of the session, there’s a lot you can tell about the session by just observing those top and bottom shadows. Short shadows mean that the majority of the trading was restrained and within the opening and closing prices. Long shadows, on the other hand, mean that prices swung wildly going beyond the open and close. So if you see a long upper shadow and a short bottom one you can conclude that buying was aggressive of this stock with high bid prices but later the highs were tampered leading to a weak close. The same can be read from a short upper shadow and a long bottom one. Selling was dominating the trading of this stock but toward the end of the session buyers forced the prices up giving it a good close.
Doji Pattern:
Doji is another candlestick that represents neutral patterns. However as part of the big picture they can provide a lot of information. You need to take into account the preceding price and future confirmation in order to decide whether the doji points to a bullish trend or a bearish one. A doji means the open and close of the security were equal. But both the previous trend and following candlesticks can change that neutrality. A long white candlestick followed by a doji can mean the buying pressure is easing off. The same applies to a long black candlestick followed by a doji. It means the selling is not as aggressive as before and there won’t be a panic. In general, doji mean the market is stable and both the supply and demand are even around that security.
Candlestick charts are a valuable way to get a lot of information about the trading of a certain stock. It’s a valuable asset in your trading arsenal and will help you become a more successful trader.
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There are things at work that employees want to get and things that employees want to achieve at work, but they keep thinking that it is hard. However, there is something that employees can use to get the things that they want, and that is through strategic negotiation.
Negotiating is one of the things that people seriously don’t like. Whether it is a confrontation or mindset that they are people that don't deserve to win, there are a lot of people who avoid any situations which require negotiation. However, strategic negotiation doesn’t have to be always like that.
Negotiation can be helpful to achieve the things that you want. Here are the things that you can do to utilize strategic negotiation in getting something at work successfully.
Always Prepare
When entering a negotiation without a proper plan, strategy and preparation can already conclude your defeat. Always prepare for the battle. Start with yourself. Ensure that you are apparent on the things that you want. Conducting research is important. It can be helpful to understand their needs, as well as their weaknesses and strengths. Ask for your manager or co-employees for some help and opinions.
Take Your Time
Instant approval for any request at work can tend to be lousy. Some managers do not enjoy negotiating and want to get done with it as soon as possible. It is understandable. However, it is important to take time on asking for something. Just like SEO experts in NYC who take their job seriously, It’s much better when you don’t rush things.
Negotiating Process is Continual, Not an Individual Event
Excellent negotiating results are just an outcome of a healthy relationship with the involved party. It is necessary to cultivate a relationship ahead of time. For the same reason, it is important that you constantly look for opportunities that will grow your relationship with the management. There are cases that even before having any discussions, managers determine the outcome already.
Find the Bargaining Chip
In addition to taking advantage of someone’s weaknesses, focus on taking extreme advantage of your strengths. It is essential to establish a firm foundation while negotiating. You can also demonstrate your expertise and knowledge about things.
However, make sure that the skills that you’ll show will have a substantial impact on the thing or position that you need. It can determine a good result especially if the managers see that you deserve it.
You are already establishing your credibility at work. It is challenging playing catch-up while negotiating, so it is better to take the initiative and guide the process in the direction that will favor you.
Don’t Tag Your Ego Along
Employees who attain success in getting the things that they want don’t usually show that they care about the result. However, it is their strategy to make the other side feel that it is okay to reject them, just as long as they tried.
Timing is Everything
Timing is everything, so it is important to pay attention to it. Timing is key in any negotiation. It is important to know what to ask, but you also need to be sensitive when to ask for it. There are times that you can go forward, and there also times that you need to wait.
It is best to look for the best time before pressing for the thing that you want. However, watch out of pushing things too hard, because it may pollute a long-term relationship with you boss.
Go For a Win-Win Solution
Throughout the negotiation, always try to determine things that are acceptable for the management. It can be a mixture of various things that aren’t necessarily everything that you wanted. It is important that you understand the management or your supervisor's priorities, like how you also understand your priorities.
So it is better to think of the things that you would do if you were in their position. When constructing a negotiations or requests to your boss, it is okay to attempt in satisfying some of the company's priorities but make sure that it doesn’t weaken your position.
Always be ready to give up some things in exchange for the things that you want. It is smart if you know your limits, and how far are you willing to go just to get the deal.
Stick To Your Principles
As an individual and employee, you will have your set of values and principles that you don’t want to compromise. If you see that the negotiations will break some of those principles, then it can be something that you can throw away.
Getting What You Want
You can compare successful negotiation to a chess game. It requires different things like awareness, creativity, timing, and anticipation of your opponent’s next move. When using negotiation to get something from work, it is important to anticipate that your boss might have something up their sleeve to rebut and say no to your request. Your moves must be progressive so that you can expect the same from your boss.
While creating the plot of the strategy, it is important that you anticipate the end game. Also, you need to be ready for the outcome. After getting the job done, and getting what you want, it is appropriate to end the negotiation with a handshake.
Takeaway
As an employee, some requests and promotions seem too hard to attain. Negotiations can be helpful for employees to have an approval on the requests and promotions that they are aiming. With proper planning and an in-depth strategic negotiation, you can easily achieve it. The things listed above are the things that can help you get what you want at work.
Online shopping has changed the way people shop. The popularity of the online shopping portals makes two things clear. First, people like the convenience that online shopping provides them. Being able to shop for anything and everything at their own convenient time and from the comfort of their homes or offices is a great plus point for shoppers across the world. Second, with the increase of online shoppers, the number of e-commerce websites is also increasing. This is leading to aggressive competition in the arena of online marketing. This is where search engine optimization (SEO) comes into the picture. SEO can help e-commerce business owners to beat the competition and keep attracting targeted visitors to their website. Here are 8 key SEO strategies that can help e-commerce websites to gain success:
1. Provide unique and impressive product descriptions :
An e-commerce site is all about products and their sales. As such, product descriptions are vital for such sites. Since e-commerce sites have to deal with a huge number of products, sometimes they may tend to use the descriptions provided by the manufacturers for the products. Or, they may want to repeat the same description for similar products. But that is a wrong strategy and must be avoided.
You need to come up with a unique product description for each item you are selling on your website. Though it’s a lot of work to write unique descriptions for each product, this strategy is sure to bring in the desired results.
2. Ensure easy navigation of your website :
Make sure that your e-commerce website is easily navigable. This strategy is important not just for improving your site’s search engine rankings, but also to offer a smooth shopping experience to your customers. Create categories to organize your products and make them easily searchable. Ensure that your sitemap is easy to follow.
Also, the design of your website must be clutter-free so that your customers can continue with their shopping without feeling irritated. Place your menus in a way so that your customers can access them easily, regardless of where they are on the site.
3. Optimize the loading time of your website :
Your e-commerce website is likely to have a large number of images for the products you are selling. These images can slow down your site. Ensure to optimize the load times of your website by reducing the image sizes.
High-quality images are essential for any e-commerce website. But if they slow down your website, it can impact your SEO in a bad way. So, it’s better to include images with small sizes and have a feature that allows your customers to zoom in on the images to see an enlarged version. This will enable you to provide your customers with quality images without affecting the load speed of your website.
4. Go for internal linking of your pages :
Internal linking is an essential aspect of SEO. Even Google prefers sites that opt for internal linking in an effective manner. Your objective must be to ensure that your customers can reach your various product pages within your site with as little clicking as possible.
One way to do this is to link every page to other relevant pages within your website. This will also help your site visitors to navigate to similar products in an easy manner and give you a chance to convert them into customers. If you want to know more about customer conversion, you can check out The Ultimate Guide to E-commerce Conversion Funnel Optimization.
5. Make sure that your site is optimized for mobile :
Today more and more people are using their mobile phones to do their shopping at various online stores. This makes it essential for you to optimize your e-commerce website for mobile. By doing so, you will be providing a smooth mobile shopping experience for your users. So, either go for a responsive design for your site or create an interactive mobile application to draw in the advantage of such customers. Ultimately, your objective is to attract more customers and ensure more sales for your website and this is a good strategy to achieve your aim.
6. Assure user security on your website :
User security is one point that needs extra attention in case of e-commerce websites. Having HTTPS encryption for user security on your website is a great way to go about this task. HTTPS encryption ensures that your customers will have an added layer of security when shopping on your website. This will diminish any doubts they may have regarding user security on your site. Also, HTTPS encryption will help Google to mark your site as secured and increase the chances of your site’s ranking on the search engine pages.
7. Include social media sharing buttons on your product pages :
The reach of social media is undeniable. It can take just a few minutes for an image or a piece of information to attract the attention of thousands of users on social media. Incorporate social media sharing buttons on your product pages so that your users may share information and images of the product on the social media platforms. On one hand, this will increase the reach of your products and attract the interest of relevant customers. On the other hand, it will be good practice for SEO as well. This is because Google may perceive the social signals as an indication of authority.
8. Check your website and pages for errors :
For an e-commerce site, it’s not unusual to grow at an incredible speed and have a large number of pages within a short time. But such growth also increases the prospect of having errors on your e-commerce website. It’s not feasible to hinder the growth of your site. So, the next best thing to do is to make sure that your website remains free of errors. Carry out regular checks to ensure that none of the permalinks on your site generates 404 errors. Also, check that the links to external sources or content are in a functional state.
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Content marketing has been around for quite a long time, and it is the go-to marketing strategy for many businesses nowadays. But everybody uses it, and the results they get are more or less along the same lines…in terms of the time they take to materialize.
What if you’re looking to get better results from your content marketing endeavors? What if you want to do some smart work rather than hard work?
In this post, let’s take a look at some answers to this question.
What Is Content Marketing?
Content marketing is basically defined as the type of marketing that involves creating and publishing/distributing content to a certain audience. The purpose of distributing this type of content is to increase awareness of the product/services so that they can be sold more. While “content,” in this context, refers to the content of all types, mostly written stuff is utilized for marketing purposes.
This type of marketing takes different shapes and forms.
Some people can engage in content marketing by writing and publishing blogs regularly. Others can utilize their product pages as a medium to engage in marketing, i.e., by making the descriptions and the visuals, etc., appealing and attractive.
Actually, instead of mentioning them here somewhat haphazardly, let’s look at some of the content marketing methods in detail before moving on to the tips.
What Are Some Common Methods Of Content Marketing?
Here are a few of the common ways in which content marketing is employed.
Blogs: Blogs, especially when created by a professional writing service, have a key role that goes beyond just advertising products or services. Their main goal is to educate and engage readers. This approach helps grow a brand's readership and audience. By providing valuable and informative content, the brand naturally attracts more people. This isn't just a marketing strategy; it's about genuinely helping readers. As more people find the blogs helpful, they start to trust and follow the brand, leading to increased business opportunities. With the help of a blog writing agency such as Compose.ly, brands can consistently deliver high-quality content that connects with their audience.
Emails: Email marketing is technically a marketing strategy on its own, but since it almost always utilizes content of some sort, it can also be mentioned in content marketing. In an email marketing campaign, individuals are reached out separately by the brand. These emails can either inform the recipient about some sort of new product release, a sale or a special discount, etc.
Newsletters: Newsletters are technically emails, but they are not like other messages that are typically used and sent in an email marketing campaign. While the latter, for the most part, directly promote the offerings of a brand, newsletters are geared toward educating the readers. You can think about them to be a type of hybrid between a blog and a typical email marketing message.
E-books: While this one is a more elaborate step than what brands usually do, it is a good way to engage in content marketing.
Now, with all that out of the way, let’s take a look at some tips that you can follow to get better results from your content marketing endeavors.
Tips For Getting Better Results From Content Marketing
As we mentioned earlier, while content of all types can be employed in content marketing, written content is the most common…and perhaps the toughest to create. That is why our tips will be geared towards it in particular.
Don’t Write Like A Robot, And Don’t Write For Robots
In that rather wordsmith-is line, we’ve summed up one of the most important principles of writing online content.
Firstly, when you write content for marketing purposes, be it of whatever type and kind, you should make sure that your tone is friendly, communicative, and human-like. Mind you, there are exceptional cases where a totally opposite tone would be more suitable, but we are talking about the common cases here.
This is what we mean by not writing like a robot.
Here is what you can do to make your writing tone fall into this criterion. Of course, depending on the situation at hand, some of these tips may not be very applicable.
Try and refer to the reader as “you” and yourself as “I” or “we.” This is one of the basic and simplest ways to make your tone look more natural and human-like.
Since you have to make your written content look more like a conversation than a piece of written text, you should reduce your overall use of passive voice. People hardly use passive voice when they speak. I mean, I could have just said, “The passive voice is hardly used by people when they speak,” but I did just make my point.
Keep sentences short. Keeping your sentences short can also give a natural touch to your writing and make it more reader-friendly.
The second part of our tip was Don’t write for robots.
We should actually clear this up a little before moving on.
Nowadays, a lot of content marketing is done via search engines. When people write blogs, they channel them to their readers via search engines. The same goes for a lot of other types of content, like product descriptions and e-books, etc.
Now, in a bid to make their content look nice to the search engines, a lot of people can end up making it look too mechanical, erratic, and awkward for human taste.
Consider the following example:
We offer the best ramen in Tokyo. Our quality ramen store in Tokyo is very good. Buy quality ramen near me in Tokyo. (Note the atrocious keyword usage)
Good content? For the search engine, maybe. For the reader? It’s just gibberish.
You have to avoid doing this sort of stuff when writing content for your audience. You should strike a balance between making the content appealing for SEs as well as your human readers.
Do Proper Research…And Use It
When it comes to content marketing materials such as blogs and newsletters, your aim should be to provide reliable and educative content to your audience. This can only be done if you do proper research and then utilize it when writing the content itself.
In this part, let’s look at how you can do research properly and what benefits you can get from it.
Here are some things that you can do for effective research:
Look for popular and reliable sources on the internet. Before you start gleaning information from anywhere, you should establish its reliability first.
Once done, be sure to find out relevant facts and figures to add to your content. This tip is, of course, subjective. In some types of content, adding facts and figures may not be very suitable. However, it can be a good idea in things like blog posts, emails, and the like.
If you find yourself in a situation where you have to use some material from a source verbatim in its actual form.
(More important than implementing theoretical and conceptual information is the utilization of the data you get from audience research. In other words, you should conduct audience research and then use the details that you find to adjust your content as per the needs of the audience. When we say “audience research,” we basically refer to using analytical tools to find out necessary information and details about your audience, such as the details about their age, gender, location, and so on.)
Now let’s look at what benefits you can get by doing and incorporating research into your work.
Authority: When your content is backed with research, it comes off as authoritative. For example, when you present a stat for a certain situation or occurrence, it looks more grounded as compared to an opinionated guess.
Up-to-date information: Conducting research can also get you in touch with up-to-date information. By not researching your material before writing it, you can get stuck with old, outdated information that can neither help you nor your readers.
Value: When your content is based on research, it provides value to your readers. For problems, it can provide solutions. For choices, it can provide expert opinions.
This sort of content is a lot more potent in building a better readership and for growing your brand.
Aim For Content Perfection
Perfection is not attainable, but if we chase perfection, we can catch excellence.
Vince Lombardi
It’s a bit of a dramatic way to start off this heading, but it does make the point that we want.
No content is perfect because perfection (least of all in written content) is not achievable. But if you aim for the bullseye, you can land somewhere close to it.
That is why you should make all the effort possible to remove all types of imperfections from your content.
Grammar errors: Grammar errors are by far the most common and most harmful errors that you can make in your content. You should be proactive about avoiding such errors during the writing phase. And once you do write the content, you should take steps like proofreading the content and using an online grammar checker to weed out the remaining ones.
Clunky readability issues: Readability issues, such as confusing words, long-winded sentences, and weird phrase choices, can also adversely affect the quality of content. you can remove these types of imperfections from your content by using an online AI-driven paraphrasing tool. A good AI paraphraser can improve the readability of the provided content during the rephrasing process.
Plagiarism: Plagiarism is like the diamondback of content imperfections. You can’t spot it quickly enough, and it can kill the quality of your write-up without you realizing it. Removing this imperfection is necessary and tricky at the same time. The best way to go about it is to use an online plagiarism checker and then analyze the results to take the steps you need.
Conclusion
A lot of brands do content marketing nowadays. But, to bring yourself a cut above the others, you have to follow some best practices. We’ve outlined a few of those in the post above.
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