What is a Pip in Forex trading? Definition and examples

This article will focus on the minimum price change known as pip. You will find out how much it is, why we measure price movements in them and whether the pip and pip value is the same for all trading instruments, including complex instruments such as CFDs wich come with significant risk. What can I say – there are pips and then there are other pips, and it’s important to understand the pips' meaning. Trading pip depends on many things, and a trader has to know what position size, basis point and pip move mean. Let’s try to find out!... Read full author’s opinion and review in blog of #LiteFinance