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What Is A Pip? - Forex Trading For Beginners

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Learn More Here: http://bit.ly/AgimatFxPro what is a pip - don't know a thing about pips? learn the basics first! here is an introduction of what is a pip. Subscribe, and watch more tutorials like this! What is a pip - what is a pip - today we will learn about what is a pip? In this video we show you what is a pip and the correct way to calculate your profits or losses when forex trading. A pip, commonly known as a percentage in point, is a unit of measure in an exchange rate of a currency. LEARN MORE ► http://bit.ly/AgimatFxPro FOLLOW US ON SOCIAL MEDIA FACEBOOK Group ► http://bit.ly/PipBanditsFB TELEGRAM Group ► http://bit.ly/PipBandits Message Me Here ► https://t.me/kologna Make sure you subscribe to the channel as we will be bringing you more useful content regularly that will help you to become a better trader. If you still interested in trading forex but worried about losing money - join our telegram group here ---- http://bit.ly/PipBandits The value of a pip changes depending on the pair you trade. Calculating the value of a pip is not vital to your success, as a trader, since your broker will automatically calculate the value for you. However, if you’re going to trade, you should know a little about what is a pip and how it works. Learn More Here: http://bit.ly/AgimatFxPro Meanwhile, the spread is the difference in the bid and ask price. The bid price refers to the rate at which the broker or market maker is buying from the trader and the ask price is the rate at which it is selling to the trader. The bid price is generally set higher than the actual market rate while the ask price is set lower than the actual market rate. DISCLAIMER: This video and description may contain affiliate links, which means that if you click on one of the product links, i’ll receive a small commission. This helps support the channel and allows us to continue to make videos like this. Thank you for the support!
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Text Comments (3)
Profit Sharkz (3 months ago)
Hey folks - you can always message me on telegram or Learn More Here: http://bit.ly/AgimatFxPro
KatJones (3 months ago)
Thank you for the explanation!
Profit Sharkz (3 months ago)
Hey Kat - glad this video made things clearer - trade well.

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