In trading, a ‘pip’ is a very small price movement. The term is short for ‘percentage in point’. Traditionally, a pip is essentially the smallest move that a currency could make in forex trading. It ...
Pip is one word you’ll definitely hear in any conversation about forex trading. One of the first subjects you’ll learn in most forex trading courses is just what a pip is and how to calculate pips in ...
Let’s talk about something that doesn’t sound flashy but will make or break your trading account: position sizing. If you’re a prop trader, this is even more important. Prop firms have strict daily ...
Daniel Liberto is a journalist with over 10 years of experience working with publications such as the Financial Times, The Independent, and Investors Chronicle. Chip Stapleton is a Series 7 and Series ...
Karim Rahemtulla recently released a video on the importance of position sizing. And if you don’t know what position sizing is, don’t worry, you will by the time you finish the video. Karim considers ...
Using equal pip blocks with a clear partial close plan can transform the way traders in Kenya manage winning positions.
Risk management is a crucial concept every successful investor should champion. And it all starts with correct position sizing. Position sizing is vital to managing risk and avoiding the destruction ...
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