(MENAFN- Daily Forex) The first thing that a novice trader finds unusual when initially using the MetaTrader 4 platform is calculating pip values and converting them to dollars. In general, we gauge ...
It helps you make informed decisions about where to enter and exit trades, and how much to risk on each trade A pip is a unit of measurement for a currency pair’s value change in the foreign exchange ...
Trading in the financial markets requires precision and accuracy, and one of the fundamental concepts traders need to grasp is the pip, which stands for “percentage in point.” A pip represents the ...
There are many strategies used by traders to manage market risks while trading. These strategies are applied either during the trade or before the trade. It is important to have measures that protect ...
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