Questions tagged [pips]

Maria Sun Dec 01 2024 | 6 answers 1137

I'm trying to understand the currency exchange market and I'm curious about the pip value. Specifically, I want to know how many pips are equivalent to 1 dollar.

Dario Sun Dec 01 2024 | 7 answers 1757

I'm trying to figure out the dollar value of 20 pips. I need to know how much money that amounts to in actual currency, specifically in dollars. Can someone help me with this conversion?

DigitalLegendGuard Sun Dec 01 2024 | 6 answers 1280

I'm trying to understand how pips are counted. I want to know the method or system used to calculate or tally pips, possibly in a trading or gaming context.

Claudio Sun Dec 01 2024 | 5 answers 1076

I'm considering setting a stop loss for my trade, but I'm not sure how many pips I should set it at. I want to minimize my potential losses, but I also don't want to set it too close to my entry point and risk getting stopped out too early. How many pips should I use for my stop loss?

CryptoTamer Sun Dec 01 2024 | 6 answers 874

I'm trying to figure out the value of 20 pips in Bitcoin. Could someone please tell me how much that would be worth in BTC?