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What Is a PIP in
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1:04
YouTube
Financial Trader
What is Pips In Forex | Understanding Pips In Trading
Pips trading, also known as "forex trading" or "FX trading," is the act of buying and selling currency pairs in the foreign exchange market. A "pip" stands for "percentage in point" and represents the smallest price movement in a currency pair. In most currency pairs, a pip is typically the fourth decimal place, such as 0.0001. For example, if ...
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