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Author: by.idun.sophia
EP149A How do I learn about currency correlations?
Currency correlations help traders understand how different currency pairs move in relation to each other. Learning about correlations allows traders to manage risk, avoid overexposure, and build stronger trading strategies. 1. What Is Currency Correlation? Currency correlation measures how two currency pairs move relative to each other over time. Correlation values range from +1 to… Read more
EP148C How do I handle unrealistic deadlines?
Assessing the Feasibility of the Deadline When faced with an unrealistic deadline, the first step is to assess whether the timeline is truly unfeasible. Begin by breaking the project down into smaller, manageable tasks and estimating the time required for each. This should be done with careful consideration of all dependencies, available resources, and potential… Read more
EP148A How do different trading sessions impact volatility?
The forex market operates 24 hours a day, five days a week, but not all hours have the same level of activity. The market is divided into four major trading sessions—Sydney, Tokyo, London, and New York—each influencing volatility differently. Understanding these sessions helps traders identify the best times to trade and manage risk effectively. 1.… Read more
EP147C Ensuring stakeholder alignment on project goals
As a new project manager, one of the biggest challenges is ensuring all stakeholders—team members, executives, clients, and external partners—are aligned on the project’s goals. Misalignment can lead to scope creep, missed deadlines, budget overruns, and conflicts. Here’s how to ensure everyone is on the same page from the start. 1. Identify All Key Stakeholders… Read more
EP146C How do I estimate resources accurately?
Accurate resource estimation is critical for project success. Poor estimation can lead to delays, budget overruns, overworked teams, and even project failure. Here’s how to accurately estimate resources and the risks of getting it wrong. 1. Identify Project Requirements 🔹 Start by breaking down the project into tasks and deliverables.🔹 Identify the type of resources… Read more