How are bitcoin pips calculated?
I'm trying to understand how Bitcoin pips are calculated. I know pips represent the smallest price movement, but how does this apply to bitcoin specifically? What's the formula or method used to determine the pip value for bitcoin?
How much is 0.01 pips?
I'm trying to figure out the value of 0.01 pips. I need to understand how much this amount represents, possibly in terms of a specific currency or a general value.
How many pips is a good stop loss?
I'm trying to figure out the optimal number of pips to set as a stop loss when trading. I want to minimize my risks but also ensure I don't miss out on potential profits. What's a good number of pips to set as a stop loss?
How to count pips in btcusd?
I need to understand how to count pips in the BTCUSD pair. I want to know the method or formula to calculate the pip value for this specific cryptocurrency and fiat currency combination.
How many pips per day is good?
I'm trying to figure out how many pips per day is considered good in forex trading. I want to understand the general consensus or benchmark for daily pips that traders usually aim for.