Is 100 pips 1%?
I'm trying to understand the relationship between pips and percentages in trading. Specifically, I want to know if 100 pips equate to 1% change in value. Can someone clarify this for me?
How many pips for stop-loss?
I'm considering setting a stop-loss order for my trade, but I'm not sure how many pips I should set it for. I want to minimize my losses, but I also don't want to set it too close to the current price and have my trade closed out too early.
How much is 20 pips in dollars?
I'm trying to figure out the dollar value of 20 pips. I know that pips are used to measure changes in the value of a currency pair, but I'm not sure how to convert them into actual dollars. Can someone help me with this?
How many pips is 1 lot?
I'm trying to figure out the relationship between pips and lots in trading. Specifically, I want to know how many pips are equivalent to 1 lot. This information is crucial for me to calculate profits and losses accurately.
How many pips are in Bitcoin?
I'm curious about the denomination of Bitcoin. Specifically, I want to know how many pips are there in a Bitcoin. This information would help me better understand the unit of measurement in the cryptocurrency.