A pip is a very small measure of change in the price of a security. In stocks, a pip is usually equal to one one-hundredth of one percent. For example, if a stock price rises from $50 to $50.50, that would represent a gain of two pips. Pips can be important for traders because they […]
How To Calculate Pips For Ethereum
In order to calculate your profits and losses when trading Ethereum, you need to understand how to calculate pips. A pip is a measure of price movement in foreign exchange (forex) trading. It is the smallest change in price that a currency can make. For Ethereum, a pip is calculated as the fourth decimal place […]
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