1 pip = 10 Points. in picture, you con see ex : USDCHF the big digit 0.9298 is in the form of Pip, and the small one after, above, is points. from 0.9298 to 0.9299 is 1 pip. and to increase 1 pip the number of points would have to be from 1 to 10.
AliaDare posted: These are the basic things you should learn first when trading forex. I understand things very well.
It is good that you have some knowledge about this and understand it well. I’ve also seen a lot of traders who have absolutely no idea about a few basic concepts and terminology.
Exactly and only such trader want to become rich in a couple of days from trading... I find it very difficult to digest how can anyone think of gaining so much until they have made good quality effort to learn the basics and practice .???
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