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Bar to ATM

How to set stop loss below low of signal bar within an ATM strategy?

Setting a stop loss below the low of a signal bar within an ATM (Advanced Trade Management) strategy is a common practice in trading to limit potential losses. ATM strategies are often used in trading platforms like Apex Trader Funding  . Here’s how you can set a stop loss below the low of a signal bar within an ATM strategy:

  1. Open Your Trading Platform: Launch your trading platform, such as NinjaTrader, and ensure you are connected to your trading account.
  2. Chart Analysis: Open the chart for the instrument you want to trade and perform your technical analysis. Identify the signal bar, which is the bar that triggered your entry signal.
  3. Activate ATM Strategy: Before entering a trade, activate an ATM strategy by selecting it from the trading platform’s options. ATM strategies are pre-configured sets of rules that include stop loss and profit target parameters.
  4. Set Stop Loss Below Signal Bar Low:
    • In NinjaTrader, you can set a stop loss below the low of the signal bar as follows:
    • Right-click on the chart at the low point of the signal bar.
    • Choose “ATM Strategy” or a similar option from the context menu.
    • Select “Custom” or a similar option to manually set your stop loss.
    • Enter the desired number of ticks or points below the low of the signal bar as your stop loss level.
  5. Save the ATM Strategy: After setting your stop loss, you can save this ATM strategy with a unique name if you plan to use it frequently. This way, you can easily apply it to future trades.
  6. Enter the Trade: Once your stop loss is set, enter the trade using your trading platform’s order entry features. Your stop loss will be automatically placed based on the rules you specified within the ATM strategy.
  7. Monitor the Trade: As the trade progresses, keep an eye on the price action and your trade’s performance. If the market moves in your favor, you can adjust your stop loss to lock in profits or manage risk.

It’s important to remember that setting a stop loss below the low of the signal bar is a risk management technique to limit losses. However, it’s essential to have a clear trading plan and risk management strategy in place before entering any trade. Additionally, the specific steps and terminology may vary slightly depending on the trading platform you are using, so consult your platform’s documentation or customer support for detailed instructions. C-Suite Network Power Page by Jeff Cline

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Growth Marketing

W2 vs W4

Difference between w2 and w4

W-2 and W-4 are both tax-related forms used in the United States, but they serve different purposes and are associated with different stages of the employment and tax process.

W-2 Form (Wage and Tax Statement):

  1. Issued by Employers: Employers are responsible for providing W-2 forms to their employees. They must send a W-2 to each employee by January 31 of the following year.
  2. Contents: The W-2 form reports an employee’s annual wages and the amount of taxes withheld from their paychecks during the previous tax year. It includes information such as total earnings, federal and state income tax withheld, Social Security and Medicare taxes paid, and other deductions.
  3. Used for Tax Filing: Employees use the information on their W-2 forms to prepare and file their federal and state income tax returns. It helps determine if they owe additional taxes or are eligible for a refund.
  4. Employer Responsibility: Employers are responsible for accurately reporting the income and taxes withheld for each employee on the W-2 form. Errors or discrepancies can result in penalties.

W-4 Form (Employee’s Withholding Certificate):

  1. Submitted by Employees: Employees are required to fill out a W-4 form when they start a new job or when their personal or financial situation changes (e.g., getting married, having a child, or changing jobs).
  2. Contents: The W-4 form provides information to employers about how much federal income tax should be withheld from an employee’s paychecks. It includes details such as filing status, the number of allowances claimed, and additional withholding amounts.
  3. Used for Tax Withholding: Employers use the information provided on the W-4 form to calculate the appropriate amount of federal income tax to withhold from each paycheck. Accurate withholding helps employees meet their tax obligations without having too much or too little tax withheld.
  4. Employee Responsibility: It’s the responsibility of employees to complete the W-4 accurately to reflect their financial and tax situation. If personal or financial circumstances change, employees should update their W-4 with their employer.

In summary, the W-2 form is provided by employers to employees and reports annual income and tax withholding for the previous tax year. The W-4 form is submitted by employees to their employers and guides the employer on how much federal income tax to withhold from each paycheck based on the employee’s tax situation. Both forms are important for tax compliance and ensuring that employees have the correct amount of taxes withheld to meet their tax obligations.

Human Resources

Employee Write Up Form

Top Reasons to Use an Employee Write-Up Form

Reason Description
1. Documenting Misconduct Record instances of employee misconduct, such as insubordination, harassment, or policy violations.
2. Performance Issues Document poor job performance, including missed deadlines, errors, or inadequate work quality.
3. Policy Violations Keep a record of violations of company policies and procedures, ensuring consistency in enforcement.
4. Legal Protection Create a paper trail that can be essential in legal disputes or claims by demonstrating due diligence.
5. Progressive Discipline Initiate a formal process of progressive discipline, allowing for gradual corrective actions if needed.
6. Communication Facilitate communication between supervisors and employees regarding concerns or areas for improvement.
7. Accountability Hold employees accountable for their actions and provide a clear record of expectations and consequences.
8. Performance Improvement Plans (PIPs) Set expectations for employees on performance improvement plans, outlining specific goals and timelines.
9. Consistency Ensure consistency in addressing similar issues among employees and avoid claims of favoritism.
10. Documentation of Conversations Summarize discussions and meetings with employees about their behavior or performance for future reference.

Using an employee write-up form is a proactive approach to addressing workplace issues, fostering accountability, and maintaining a professional and compliant work environment. It helps both employers and employees understand their responsibilities and can contribute to a more productive and harmonious workplace.

Branding Growth

Employee Appreciation Gifts

Employee Appreciation Gifts

Category Gift Ideas
1. Personalized Gifts – Customized engraved pens
– Personalized nameplate
– Monogrammed tote bags
– Engraved photo frames
2. Office Accessories – High-quality desk organizers
– Leather-bound journals
– Stylish mousepads
– Desk plants or succulents
3. Tech Gadgets – Wireless earbuds
– Charging stations
– Bluetooth speakers
– USB flash drives
4. Gift Cards – Amazon, Starbucks, or restaurant gift cards
– Spa or wellness center vouchers
– Online streaming subscriptions
5. Food and Treats – Gourmet gift baskets
– Assorted chocolates or truffles
– Personalized cookies or cupcakes
6. Books – Bestselling business or self-help books
– Inspirational or leadership books
7. Wellness and Relaxation – Aromatherapy diffusers
– Massage or spa gift certificates
– Yoga or meditation accessories
8. Apparel and Accessories – Branded company apparel (shirts, hoodies, etc.)
– Designer scarves or ties
– Luxury watches
9. Travel Gear – Quality luggage or travel bags
– Passport holders
– Travel gift certificates
10. Educational Opportunities – Online courses or certifications
– Workshop or seminar tickets
– Language learning subscriptions
11. Art and Decor – Framed artwork or prints
– Sculptures or decorative pieces
– Personalized nameplate signs
12. Team Building Experiences – Escape room adventures
– Outdoor team-building activities
– Cooking or art classes
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This list covers a wide range of gift ideas suitable for employee appreciation. The specific gifts you choose can be tailored to your employees’ preferences and your budget. Remember that personalization and thoughtful gestures can go a long way in showing appreciation to your team members. Check out our memberships for more valuable information related to all things business!

Human Resources

Statutory Employee

Statutory Employee

A statutory employee is a specific classification for tax purposes in the United States. Being classified as a statutory employee means that an individual is considered an employee rather than an independent contractor for Social Security and Medicare tax purposes. This classification has implications for both the employer and the employee when it comes to tax obligations.

Here are the key characteristics of a statutory employee:

  1. Control Over Work: A statutory employee typically works under the control and direction of their employer. They perform services for an employer who has the right to dictate how the work is done.
  2. Tools and Materials: The employer usually provides the tools, materials, or equipment necessary to perform the job.
  3. Exclusivity: A statutory employee often works exclusively for one employer, which means they don’t have multiple clients or engage in independent contracting work.
  4. Expense Reimbursement: Employers often reimburse statutory employees for job-related expenses, such as travel or supplies.
  5. Taxes: Statutory employees have Social Security and Medicare taxes withheld from their paychecks by their employers. Employers also pay a portion of these taxes on behalf of statutory employees.

Common examples of statutory employees include certain drivers, such as delivery drivers, who work for a company and use the company’s vehicles. Statutory employee status is typically associated with specific job categories or industries.

It’s important to note that the classification of a worker as a statutory employee is based on specific criteria set by the Internal Revenue Service (IRS) and is primarily for tax purposes. It does not necessarily determine other aspects of employment, such as eligibility for employee benefits or protections under labor laws. Employers should work with tax professionals or legal experts to correctly classify workers and comply with tax regulations. Employees should also be aware of their tax status to ensure accurate reporting and compliance with tax laws.

Bereavement Leave

Bereavement leave(aka) Compassionate Leave

Bereavement leave, also known as compassionate leave or mourning leave, is a type of paid or unpaid time off that an employer grants to an employee who has experienced the death of a close family member or loved one. The purpose of bereavement leave is to allow employees to grieve, make necessary arrangements, and attend memorial services without the added stress of work obligations.

The specific policies regarding bereavement leave can vary widely between employers, industries, and countries. Here are some key points to understand about bereavement leave:

  1. Eligibility: Bereavement leave is typically offered to full-time and sometimes part-time employees. The eligibility criteria, such as the length of employment required before being eligible for this benefit, vary by company.
  2. Duration: The duration of bereavement leave also varies. Some employers offer a few days (usually 1-5 days) while others provide more extended periods, depending on the relationship to the deceased and the circumstances.
  3. Covered Relationships: The definition of a “close family member” can vary but often includes spouses, children, parents, siblings, and sometimes grandparents, in-laws, or other immediate family members. Some policies also extend bereavement leave for close friends or domestic partners.
  4. Paid vs. Unpaid: Employers may offer paid or unpaid bereavement leave, depending on their policies and the applicable labor laws in their region. Paid bereavement leave is more common in many developed countries.
  5. Documentation: Employers may request documentation, such as a death certificate or obituary, to verify the need for bereavement leave.
  6. Notice: Employees are generally expected to inform their employers as soon as possible about the need for bereavement leave and the expected duration.
  7. Flexibility: Some employers offer flexibility in how employees use their bereavement leave, allowing them to take it consecutively or intermittently as needed.
  8. Employee Assistance Programs (EAPs): Some companies provide access to employee assistance programs that offer counseling and support to employees dealing with grief and loss.

It’s essential for employees to be aware of their company’s bereavement leave policy and to communicate with their employers when they need to take such leave. Employers, in turn, should strive to offer compassionate and flexible policies to support their employees during difficult times. Additionally, labor laws may dictate specific requirements regarding bereavement leave in certain regions, so it’s important to be aware of the legal obligations in your area.

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