Questions tagged [currency trading]

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Andrea Andrea Mon Dec 16 2024 | 5 answers 1524

Is 0.01 a micro lot?

I am trading forex and I am trying to understand the trading volumes. I have heard about micro lots and I am wondering if 0.01 is considered a micro lot. Could someone clarify this for me?

Is 0.01 a micro lot?
alexander_rose_writer alexander_rose_writer Fri Dec 06 2024 | 6 answers 1063

How much is 1 pips?

I'm trying to understand the concept of pips in trading. Specifically, I want to know the value or amount represented by 1 pip. Can someone explain this to me?

How much is 1 pips?
KimonoGlory KimonoGlory Wed Dec 04 2024 | 5 answers 1035

How to calculate pips in btcusd?

I'm trying to figure out how to calculate pips in btcusd. I know it's important for tracking profits and losses in trading, but I'm not sure how to do it specifically for this currency pair. Can someone explain the process?

How to calculate pips in btcusd?
Daniela Daniela Fri Nov 01 2024 | 5 answers 1261

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?

How much is 1 pip worth?
OpalSolitude OpalSolitude Thu Oct 31 2024 | 6 answers 1228

What is 1 pip in forex?

I'm trying to understand forex trading, and I've come across the term 'pip'. Could someone explain what 1 pip represents in the context of forex trading?

What is 1 pip in forex?

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