How do I calculate how much pip I will get?
I am trying to figure out how to calculate the amount of pip I will receive, but I am not sure how to do it. Can someone explain the process or provide a formula for calculating pip?
What is a PIP amount?
I'm trying to understand what a PIP amount is. Could someone please explain this concept to me in simple terms? I'm particularly interested in its general meaning and how it's typically used.