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.
Can gold move 1000 pips a day?
I'm wondering if gold can experience a significant price movement, specifically up to 1000 pips, within a single day. Is such a large intraday shift possible in the gold market?
How do you understand pips?
I'm trying to understand the concept of pips. Could you explain what they are, how they're used, and maybe provide some examples or contexts where pips are relevant?
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.