I'm trading cryptocurrencies and I'm trying to understand the value of pips in this market. Specifically, I want to know how much 10 pips are worth in crypto. Can someone help me with this?
7 answers
Tommaso
Sat Nov 02 2024
Similarly, a lot size of 0.10 will lead to a $10 loss for a 10 pip stop loss.
DigitalLordGuard
Sat Nov 02 2024
In trading, a 10 pip movement equates to a 100-point stop loss.
CryptoProphet
Sat Nov 02 2024
This stop loss amount varies based on the lot size you are trading with.
SamuraiBrave
Sat Nov 02 2024
This relationship between pip movement and loss amount holds true across different lot sizes.
Margherita
Sat Nov 02 2024
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