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MY STYLE - BLOG
An interesting blog that I am copying and posting verbatim - (Jim Somers at www.join.me) - this is my lifestyle since the last 5 years...... Having the ability to work from home has become the new norm across many industries and roles. Sometimes it’s by choice; other times it’s due to bad weather rolling through. Earlier this month, we shared new research on the behavior of the modern worker stuck at home due to Mother Nature. You may have been surprised to see in the data that over 80% of workers felt they were equally, or even more productive, when working from home. However, once you dig into the reasons why they responded this way, that number doesn’t appear so shocking. Check out the word cloud below of the top responses:
People feel they can be more productive at home because they don’t have to deal with daily office distractions and co-worker interruptions. So whether they’ve got the TV on in the background or spent the whole day in their pajamas, they are still cranking away at their tasks — interruption free. And many said they end up working longer hours, because they didn’t have to commute. Being in the office Monday-Friday isn’t necessarily a proof point of productivity anymore. Collaboration with colleagues is without a doubt valuable, but the need to meet in the same room or be in the same office space is no longer a limiting factor to that collaboration. Technology has made it possible to collaborate remotely, so when we get that snowy day, it doesn’t mean a halt in work for our 80% of our survey respondents. The shift towards this trend of productive remote working is just beginning. With constraints on our time, money and quality talent in today’s workforce, far more than just bad weather will soon cause companies to move towards more flexible working hours and spaces. You or your team might want to try WFH a day or two, bad weather or not, and see the impact it has on your productivity and even team morale. I’ll leave you with some quotes of our favorite responses to the question, “Why do you feel more productive when working from home?”
Consider this as an option, if its feasible for you...! Good luck
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Subsequent to my last post, a lot of time has past, during which the algorithms shown earlier have evolved and have become more effective than ever before. The end result of that can be seen in the performance for February 2016, where both intraday and positional strategy performance for NIFTY and BANKNIFTY futures (Indian Stock Market) is shown. Each point of NIFTY is worth about $1.1 and that of BANKNIFTY about 0.45 $ (US dollars). The significant improvement observed is that these algorithms display incredible consistency. See the LIVETRADING screen where these are implemented. Some of these are also shared with mentees who join the MENTORED TRAINING & TRADING programs.
The second last column of the table shown below shows the performance of the different systems following 4 different exit strategies. The last figure in that column is the number of trades..e.g. for serial 4, the monthly profit is 649 points for its first exit strategy with 27 trades on a rapid positional strategy. Details of the other columns are explained in the LIVE TRADING section of the website. |
AuthorAbnash Singh, Am a Trader helping small traders to realize their dreams. Archives
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