Mastering Forex Trading: Understanding Pips and Their Worth

Understanding Pips

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Determining the Worth of a Pip

pip-value-basics

Illustration Using EUR/USD Pips

Converting Pip Values

The Exception: USD/JPY Pips

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Additional Materials for Understanding Forex Trading:

1. Educational Websites

2. Books

3. Webinars and Seminars

4. Demo Accounts

Conclusion

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