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Points Vs Ticks Vs Pips
Mar 22, 2021 at 11:35
Miembro desde Apr 15, 2020
posts 219
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.
Miembro desde Jul 23, 2020
posts 869
Miembro desde Jun 29, 2020
posts 26
Mar 26, 2021 at 11:27
Miembro desde Jun 29, 2020
posts 26
AliaDare posted: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.
These are the basic things you should learn first when trading forex. I understand things very well.
Miembro desde Mar 24, 2021
posts 6
Mar 30, 2021 at 05:54
Miembro desde Jun 25, 2020
posts 22
Freddraven posted:I understand it as well and it is important to know and begin with the basics. I was recently introducing my friend to forex and I recommended some learning courses.AliaDare posted: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.
These are the basic things you should learn first when trading forex. I understand things very well.
Apr 08, 2021 at 02:33
Miembro desde Apr 08, 2021
posts 4
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 04:12
Miembro desde Apr 15, 2020
posts 219
Freddraven posted: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 .???AliaDare posted: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.
These are the basic things you should learn first when trading forex. I understand things very well.
The more your practice, the more you learn.
Apr 09, 2021 at 04:19
Miembro desde Apr 15, 2020
posts 219
tracicobb posted: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.
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.
The more your practice, the more you learn.
Miembro desde Jul 23, 2020
posts 759
Miembro desde Jan 01, 2021
posts 16
Apr 14, 2021 at 12:48
Miembro desde Jan 01, 2021
posts 16
SofieAndreasen posted:So, low spreads is the best option?langtufx posted: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.
when use account zero spread, bid and as is same.
Apr 15, 2021 at 05:06
Miembro desde Apr 15, 2020
posts 219
ele020 posted:Hey guyssssss,,, I just noticed a mistake in my image... 😝 here is the corrected one.. I apologise for this typing error.
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.
Miembro desde Apr 03, 2021
posts 12
Apr 26, 2021 at 04:19
Miembro desde Apr 15, 2020
posts 219
flossiewyman posted: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...
It is important for newbies to understand the market first and then jump into investing and trading.
The more your practice, the more you learn.

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