Pip

A pip is the smallest price movement in a currency pair’s exchange rate, and understanding its value is critical for risk management and position sizing.

What is a Pip in Forex Trading and How It Works?

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What is a Pip in Forex Trading?

This article will explain in detail What is a Pip in Forex Trading and How Does It Works. Understanding the concept of a pip is essential in the world of forex trading. Pip, which stands for “percentage in point,” is a measurement unit used to calculate the smallest movement in currency pairs. What is a … Read more