Questions tagged [currency trading]

LightningStrike Thu Oct 31 2024 | 5 answers 1079

I'm trying to figure out the lot size that would result in a 1 dollar per pip movement. I want to understand the trading volume required to achieve this profit or loss per pip.

BlockchainBaronGuard Wed Oct 30 2024 | 7 answers 1329

I'm trying to understand forex trading, and I came across the term 'pip'. Could someone explain what a pip is in the context of forex?

JejuSunshineSoulMate Wed Oct 30 2024 | 0 answers 0

I'm trying to understand forex trading, and I came across the term '0.01 lot'. I want to know what this means in the context of forex trading.

KpopStarletShine Tue Oct 29 2024 | 5 answers 1044

I'm trying to understand the concept of a pip in trading. Specifically, I want to know how much value a pip represents. Can someone explain this to me in simple terms?

CryptoEagle Sun Oct 13 2024 | 6 answers 1359

I don't understand this question. Could you please assist me in answering it?