Pip , Pipette online calculator

[amitrandive]

Amit the example you have given is having 5 decimals, so is it pipette or pip ?

Manoj

Am trying to learn that ,

http://tradeadvisorpro.com/forex-articles/pips-and-pipettes/

 

[Galts Gulch]

Amit the example you have given is having 5 decimals, so is it pipette or pip ?

It is a TIP, as few brokers shout from the SKY that they provide 5 digit (last is decimal) accounts as if that last decimal made Warren Buffet, what he is today ....

 

[amitrandive]

It is a TIP, as few brokers shout from the SKY that they provide 5 digit (last is decimal) accounts as if that last decimal made Warren Buffet, what he is today ....

:lol::lol::lol:

 

[Galts Gulch]

To be frank and blunt, one should worry more about $ than pips.
WHY?
If a trader has, by default, has 50 pips of TP and SL and he does not add position / scale in ... Nor closes losing trades early ...
Now, out of his 3 trades, 2 hits TP and 1 hits SL ... he has made 100$ on a .1 lot, other things being equal ...
Where as, traders who do scale in should have made 225$ on the winning trades because of scale in ... Not to mention, the loss they might have cut down, by closing losing trade early ....

Pip is the basic skill that one should start with ... Then grow up to USD ...

 

[TaylorPete]

I know it isn't exactly what you are looking for... but here is another online Pip Value calculator that has a lot more currency pairs than the ones already provided ----> Pip Calculator .