How much is 1 pip?
I'm trying to understand the concept of pips in trading. Specifically, I want to know the value of 1 pip. Can someone explain this to me in simple terms?
How much is 1 pip worth?
I'm trying to understand the value of 1 pip in trading. Could you please explain how much 1 pip is worth, or does it vary depending on the currency pair or other factors?