What is Half-Pip?
A price movement equal to 0.5 of a standard pip.
In-Depth Explanation
Practical Example
"The broker's commission structure equates to a cost of half-a-pip per round turn."
Related Terminology
Pip
A "pip" (percentage in point) is the foundational unit of measurement in forex trading, representing the smallest standard price move in an exchange rate.
Pipette
A fractional pip, equal to one-tenth of a pip.
Spread
The spread is the difference between the bid (sell) price and the ask (buy) price. It is the immediate cost of executing a trade.
Bull Market
A market condition where prices are rising or expected to rise.
Tradeable Instruments Affected
Tactical How-To Guides
How to Start Trading in the UK — Step by Step
Learn how to start trading in the UK. A complete step-by-step guide covering regulation, choosing a broker, and placing your first trade safely.
How to Day Trade — Step by Step
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How to Keep a Trade Journal
Stop gambling and start trading. Learn the exact process for keeping a professional trading journal that identifies your edge.
Master the language of risk
Knowing the terms is just the start. Learning how to apply them is where the edge is found.
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