What Are Pips in Forex? Explained for Traders
You’ve opened your trading platform, charts flickering with potential. You see EUR/USD move from 1.1050 to 1.1055. You know that’s a good thing if you’re buying, but how good? How much money did that tiny movement actually make or cost you? You feel a knot of confusion. Terms like “pips,” “lots,” and “profit calculation” swirl […]