Why pips are more important than $s
A pip (point in percentage), is the smallest movement a forex price can make, and is just as important to know, and manage, than the Dollars the trader can make.

A pip is a standardised unit, so we know we …
A pip (point in percentage), is the smallest movement a forex price can make, and is just as important to know, and manage, than the Dollars the trader can make.
A pip is a standardised unit, so we know we …