Points Vs Ticks Vs Pips

Mar 22, 2021 at 11:35
1,299 Views
17 Replies
Biedrs kopš   187 ieraksti
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.

Pielikumi

The more your practice, the more you learn.
Mar 22, 2021 at 14:43
Thanks. I understand concept easily.
Biedrs kopš   742 ieraksti
Mar 22, 2021 at 15:48
These are the basic things you should learn first when trading forex. I understand things very well.
Biedrs kopš   187 ieraksti
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.
Mar 26, 2021 at 11:48
Nice explanation. I find it helpful
Biedrs kopš   6 ieraksti
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.
Biedrs kopš   2 ieraksti
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.
Biedrs kopš   2 ieraksti
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.

Pielikumi

Biedrs kopš   187 ieraksti
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.
Biedrs kopš   187 ieraksti
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.
Biedrs kopš   2 ieraksti
Apr 09, 2021 at 07:31 (labots Apr 09, 2021 at 07:34)
when use account zero spread, bid and as is same.
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.
Biedrs kopš   187 ieraksti
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.

Pielikumi

The more your practice, the more you learn.
Biedrs kopš   187 ieraksti
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.
Apr 20, 2021 at 10:13
It is important for newbies to understand the market first and then jump into investing and trading.
Biedrs kopš   187 ieraksti
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.
Biedrs kopš   187 ieraksti
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.
Biedrs kopš   742 ieraksti
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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