Pip

Basics

O que significa

The smallest price move in forex, usually the fourth decimal place (0.0001) for most currency pairs. It is how forex traders count profit and loss.

If EUR/USD moves from 1.1050 to 1.1055, it rose 5 pips. On a standard 1-lot trade, 1 pip is worth $10, so 5 pips equals $50.

Beginners confuse pips with dollars and place trades far too large. A "small" 20-pip move on a 5-lot position is a $1,000 swing, not $20.

Point — A one-unit move in the price of an asset, most often used for index futures and stocks whe…
Tick — The smallest possible price change for a specific market, and also a single traded transac…