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Points Vs Ticks Vs Pips
Mar 22, 2021 at 11:35
Mitglied seit Apr 15, 2020
187 Posts
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.
The more your practice, the more you learn.
Mitglied seit Jul 23, 2020
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Mitglied seit Mar 24, 2021
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Apr 08, 2021 at 02:33
Mitglied seit Apr 08, 2021
2 Posts
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.
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.
Apr 09, 2021 at 04:19
Mitglied seit Apr 15, 2020
187 Posts
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 Jul 23, 2020
696 Posts
Apr 15, 2021 at 05:06
Mitglied seit Apr 15, 2020
187 Posts
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.
The more your practice, the more you learn.
Mitglied seit Apr 03, 2021
11 Posts
Apr 26, 2021 at 04:19
Mitglied seit Apr 15, 2020
187 Posts
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.
Apr 26, 2021 at 04:21
Mitglied seit Apr 15, 2020
187 Posts
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.
Apr 28, 2021 at 14:11
Mitglied seit Jul 19, 2020
742 Posts
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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