YOU CAN GROW $100 TO $10,000 WITH JUST 100 PIPS: What is Pip?✅
In trading, "pips" is a term used to measure the price movement of a financial instrument, such as a currency pair in the foreign exchange (forex) market. The term "pip" stands for "percentage in point" or "price interest point."
Pips represent the smallest incremental change in the price of a currency pair. For example, if the BTC/USDT cryptocurrency pair moves from 25,000 to 25,100, it is said to have moved up by 10 pips. And if it moves from 25,000 to 25,050, it is said to have moved by 5 pips.
The pips value helps you know how much you can earn/lose in a trade. This will help you apply proper risk management💯✅
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