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Trader178
ForexSensation
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Sistem Trading
Oct 24, 2013 at 13:56
Is anyone getting the same results as his myfxbook history ???? :-)
Project 500 pips a month
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Sistem Trading
May 14, 2013 at 06:26
pip = Price increment pointPips“PIP” stands for Point In Percentage. More simply though, a pip is what we in the FX world consider a “point” for calculating profits and losses. In a standard (10k) account, each pip is worth roughly one unit of the currency in which your account is denominated. If your account is denominated in USD, for example, each pip (depending on the currency pair) is worth about $1. In a micro account, each pip is worth roughly 1/10th the amount it would be worth in a standard account -- so about $0.10.
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