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Points Vs Ticks Vs Pips

Elena Triston (ele020)
Mar 22 2021 at 11:35
219 postów
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.

Załączniki:


The more your practice, the more you learn.
LyudmilLukanov
Mar 22 2021 at 14:43
795 postów
Thanks. I understand concept easily.

AliaDare
Mar 22 2021 at 15:48
788 postów
These are the basic things you should learn first when trading forex. I understand things very well.

Elena Triston (ele020)
Mar 23 2021 at 06:53
219 postów
LyudmilLukanov posted:
Thanks. I understand concept easily.

You are most welcome! :)

The more your practice, the more you learn.
Freddraven
Mar 26 2021 at 11:27
26 postów
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.

groundhogday
Mar 26 2021 at 11:48
6 postów
Nice explanation. I find it helpful

Anoxiare
Mar 30 2021 at 05:54
22 postów
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.

Freddraven
Mar 30 2021 at 11:12
26 postów
Anoxiare posted:
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.

That is the right thing to do and starting from scratch is the best way to learn in forex. I also started with reading books and taking online courses. After a few months of learning, I started practising on demo accounts which turned out fine for me. I familiarized myself with different platforms and forums to understand forex better.

tracicobb
Apr 06 2021 at 11:43
6 postów
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.

maxcook
Apr 07 2021 at 11:59
2 postów
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.

langtufx
Apr 08 2021 at 02:33
4 postów
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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Elena Triston (ele020)
Apr 09 2021 at 04:12
219 postów
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.
Elena Triston (ele020)
Apr 09 2021 at 04:15
219 postów
groundhogday posted:
Nice explanation. I find it helpful

Thank you. II am glad that it helped

The more your practice, the more you learn.
Elena Triston (ele020)
Apr 09 2021 at 04:19
219 postów
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.
langtufx
Apr 09 2021 at 07:31
4 postów
when use account zero spread, bid and as is same.

SofieAndreasen
Apr 10 2021 at 11:32
759 postów
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.

patriciablack
Apr 13 2021 at 04:12
22 postów
This is actually very well explained and thank you for sharing it again..

fredafernandez
Apr 14 2021 at 12:48
16 postów
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?

Elena Triston (ele020)
Apr 15 2021 at 05:06
219 postów
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.

Załączniki:


The more your practice, the more you learn.
Elena Triston (ele020)
Apr 15 2021 at 05:09
219 postów
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.
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