# Points Vs Ticks Vs Pips

Mar 22, 2021 at 11:35
1,132 Angesehen
17 Replies
Mitglied seit Apr 15, 2020   219 Posts
Mar 22, 2021 at 11:35
We all come across these three terms daily when trading. Many newbies tend to interchange these for each other. I have tried to explain in the simplest way possible.

Anhänge:

The more your practice, the more you learn.
Mitglied seit Jul 23, 2020   869 Posts
Mar 22, 2021 at 14:43
Thanks. I understand concept easily.
Mitglied seit Jul 19, 2020   788 Posts
Mar 22, 2021 at 15:48
These are the basic things you should learn first when trading forex. I understand things very well.
Mitglied seit Apr 15, 2020   219 Posts
Mar 23, 2021 at 06:53
LyudmilLukanov posted:
Thanks. I understand concept easily.
You are most welcome! :)
The more your practice, the more you learn.
Mitglied seit Mar 24, 2021   6 Posts
Mar 26, 2021 at 11:48
Nice explanation. I find it helpful
Mitglied seit Apr 01, 2021   6 Posts
Apr 06, 2021 at 11:43
Thanks for the explanation. When I was a beginner, I used to face issues with understanding points, ticks, and pips. I am sure newbies will love the information.
Mitglied seit Apr 01, 2021   2 Posts
Apr 07, 2021 at 11:59
Thanks for the explanation. When I was a beginner, I used to face issues with understanding points, ticks, and pips. I am sure newbies will love the information.
Mitglied seit Apr 08, 2021   4 Posts
Apr 08, 2021 at 02:33
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.

Anhänge:

Mitglied seit Apr 15, 2020   219 Posts
Apr 09, 2021 at 04:15
groundhogday posted:
Nice explanation. I find it helpful
Thank you. II am glad that it helped
The more your practice, the more you learn.
Mitglied seit Apr 15, 2020   219 Posts
Apr 09, 2021 at 04:19
tracicobb posted:
Thanks for the explanation. When I was a beginner, I used to face issues with understanding points, ticks, and pips. I am sure newbies will love the information.
Its a fact, in the beginning we all have confused ourselves with these terms.. To me it all sounded synonyms of each other. But with time I understood the exact meaning and reference of each term.
The more your practice, the more you learn.
Mitglied seit Apr 08, 2021   4 Posts
Apr 09, 2021 at 07:31 (bearbeitet Apr 09, 2021 at 07:34)
when use account zero spread, bid and as is same.
Mitglied seit Jul 23, 2020   759 Posts
Apr 10, 2021 at 11:32
langtufx posted:
when use account zero spread, bid and as is same.
It is hard to find a zero spreads broker. If you find one, it will charge a commission. So, in the end, it's all same.
Mitglied seit Apr 15, 2020   219 Posts
Apr 15, 2021 at 05:06
ele020 posted:
We all come across these three terms daily when trading. Many newbies tend to interchange these for each other. I have tried to explain in the simplest way possible.
Hey guyssssss,,, I just noticed a mistake in my image... 😝 here is the corrected one.. I apologise for this typing error.

Anhänge:

The more your practice, the more you learn.
Mitglied seit Apr 15, 2020   219 Posts
Apr 15, 2021 at 05:09
patriciablack posted:
This is actually very well explained and thank you for sharing it again..
Thank you @patriciablack I am glad it helped.. I am always ready to share my knowledge
The more your practice, the more you learn.
Mitglied seit Apr 03, 2021   12 Posts
Apr 20, 2021 at 10:13
It is important for newbies to understand the market first and then jump into investing and trading.
Mitglied seit Apr 15, 2020   219 Posts
Apr 26, 2021 at 04:19
flossiewyman posted:
It is important for newbies to understand the market first and then jump into investing and trading.
Basic learning comes first no matter what your arena is.. and when you are investing your hard earned money,, its even more crucial... I have always advised my fellow traders to first work on your roots and then think of getting a fruit in future...
The more your practice, the more you learn.
Mitglied seit Apr 15, 2020   219 Posts
Apr 26, 2021 at 04:21
RobSchiz posted:
flossiewyman posted:
It is important for newbies to understand the market first and then jump into investing and trading.
Yes. Every new trader should practice on a demo account first.
100% correct...
The more your practice, the more you learn.
Mitglied seit Jul 19, 2020   788 Posts
Apr 28, 2021 at 14:11
maxcook posted:
Thanks for the explanation. When I was a beginner, I used to face issues with understanding points, ticks, and pips. I am sure newbies will love the information.
Yes, you are right. If I am a beginner trader then this topic can help me a lot.
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