What is the 20m rule for pip?
I don't understand this question. Could you please assist me in answering it?
How much is a 0.01 lot pip worth?
I'm trading forex and want to understand the value of a pip for a 0.01 lot size. How much is each pip worth in this case?
What is the difference between a tick and a pip?
I'm trying to understand the financial trading terms. Specifically, I want to know the difference between a tick and a pip. Can someone explain the distinction between these two concepts?
Is a pip the same as a basis point?
I am trying to understand financial terminology. I know that a pip is a unit of measurement for price movements, but I am not sure if it is the same as a basis point. Can someone clarify this for me?
How long does pip last?
I'm wondering about the duration of pip. I want to know how long it remains effective or active. Is there a specific expiry date for pip or does it last indefinitely?