What is Pip Value?
The monetary value of a one-pip move in a currency pair, based on the position size.
In-Depth Explanation
Practical Example
"To risk exactly £100 on a trade with a 20-pip stop, your pip value must be £5 per pip."
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.
Lot Size
A lot is the standardized unit used to measure the volume of a trade. It dictates exactly how much money each pip of movement is worth.
Bull Market
A market condition where prices are rising or expected to rise.
Bear Market
A market condition where prices are falling or expected to fall.
Tradeable Instruments Affected
Tactical How-To Guides
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