Pip Value Calculator

You’ve probably heard of the terms “pips,” “pipettes,” and “lots” thrown around, and here we’re going to explain what they are and show you how their values are calculated.

How many units of currency can we trade? What size positions can we trade and what are they called?

Here are some examples on how to calculate your position size whether your account denomination is the same as the base currency or not.

Wanna impress your crush? Here are some forex terms to help you wow that special someone!

What is a “spread” when trading forex? And no, it’s not the kind of spread you use in sandwiches.

Ever wonder why the dollar is called the “buck?” Wonder no more!

Adding to a losing position is considered as a no-no by many traders, but it’s possible to do safely. Learn how.

Godzilla, Nintendo, and sushi! What’s not to like about Tokyo?!? The Tokyo session is sometimes referred to as the Asian session, which is also the session where we start fresh every day!

Learn how forex brokers who use A-Book execution make money.

The more leverage you use, the less breathing room you have for the market to move before you get a margin call. Here’s an example to illustrate.

In this lesson, you will learn how to calculate your position size when your account denomination isn’t one of the currencies in the pair currency pair that you wanna trade.

Never ever set stops based solely on the amount you’re willing to lose. Setting stops based on your account balance is a sure fire way to lose!