How is pips calculated?
Elizabeth C. Krug New member Joined Feb 21, 2023 Messages 9 Reaction score 0 Points 1 Feb 22, 2023 #1 How is pips calculated?
P Pam B. Byrum New member Joined Feb 21, 2023 Messages 7 Reaction score 0 Points 1 Feb 22, 2023 #2 Elizabeth C. Krug said: How is pips calculated? Click to expand... To calculate pip value, divide one pip (usually 0.0001) by the current market value of the forex pair. Then, multiply that figure by your lot size, which is the number of base units that you are trading.
Elizabeth C. Krug said: How is pips calculated? Click to expand... To calculate pip value, divide one pip (usually 0.0001) by the current market value of the forex pair. Then, multiply that figure by your lot size, which is the number of base units that you are trading.