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Points Vs Ticks Vs Pips

Mar 22, 2021 at 11:35
Vistas 921
21 Replies
Miembro desde Apr 15, 2020   posts 219
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.

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The more your practice, the more you learn.
Miembro desde Jul 23, 2020   posts 869
Mar 22, 2021 at 14:43
Thanks. I understand concept easily.
Miembro desde Jul 19, 2020   posts 788
Mar 22, 2021 at 15:48
These are the basic things you should learn first when trading forex. I understand things very well.
Miembro desde Apr 15, 2020   posts 219
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.
Miembro desde Jun 29, 2020   posts 26
Mar 26, 2021 at 11:27
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.
Miembro desde Mar 24, 2021   posts 6
Mar 26, 2021 at 11:48
Nice explanation. I find it helpful
Miembro desde Jun 25, 2020   posts 22
Mar 30, 2021 at 05:54
Freddraven posted:
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.
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.
Miembro desde Apr 01, 2021   posts 6
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.
Miembro desde Apr 01, 2021   posts 2
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.
Miembro desde Apr 08, 2021   posts 4
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.

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Miembro desde Apr 15, 2020   posts 219
Apr 09, 2021 at 04:12
Freddraven posted:
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 .???
The more your practice, the more you learn.
Miembro desde Apr 15, 2020   posts 219
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.
Miembro desde Apr 15, 2020   posts 219
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.
Miembro desde Apr 08, 2021   posts 4
Apr 09, 2021 at 07:31 (editado Apr 09, 2021 at 07:34)
when use account zero spread, bid and as is same.
Miembro desde Jul 23, 2020   posts 759
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.
Miembro desde Jan 01, 2021   posts 16
Apr 14, 2021 at 12:48
SofieAndreasen posted:
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.
So, low spreads is the best option?
Miembro desde Apr 15, 2020   posts 219
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.

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The more your practice, the more you learn.
Miembro desde Apr 15, 2020   posts 219
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.
Miembro desde Apr 03, 2021   posts 12
Apr 20, 2021 at 10:13
It is important for newbies to understand the market first and then jump into investing and trading.
Miembro desde Apr 15, 2020   posts 219
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.
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