When trading Ethereum, it’s important to be able to count the pips that you’re earning or losing. Pips, or percentage in points, are the smallest unit of measurement in Forex. They represent the smallest price change in a currency pair. When you’re counting pips, you’re keeping track of the profit or loss that you’re earning […]
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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