Forex: How To Calculate The Value Of A Pip (Beginners Must Learn This First)

This is so confusing

O basically the amount of money put into the trade is what you make per pip?😕

I use a profit calculator app. Just put in the numbers and voila. No thinking required 😜

Most detailed and best explained video about pip values I've watched. Thank you.

The balance in my paper account is $1000 but TradingView still lets me buy like 10,000 units. How can that be?

I’m using a paper account in TradingView. How can I change the lot type to micro? Thanks

How do you calculate the pips on the spxusd and xauusd? Is it the same?

what is the example of money from which the pip is 10 bucks?

Extremly clear thank you !

Just what I needed thanks buddy..

Bruh get 2 the point wtf

What about the $ invested? How is that calculated?

my question is, does the account balance really dictate the amount of profit gained?
like for instance, account A had $10000 and account B had $40000, and use 1 standard lot with the same pip movement, 532, does it mean that both accounts will have the same amount of profit, 5320?

thank you so much!

Great Video!

ty

Can anyone please help, so your telling me you need 100k just to make your pips worth £10 ?

Thank brother u re making this thing, easy and I'm enjoying forex basic now,I nearly gave up the dream 😍

im really confused bro. so i have to have 10000 just to make a few quid profit? i dont even have 1k to my name

Nice video. But it would be good if you could tell how to do this for usd/jpy pair as in that the quoted currency is in jpy.

mmm zeros to the right of the first digit are very important!!!! 108,02 is not one hundred thousand and two dollars, it's ten thousand eight hundred and two. the figure you should have written was 108, 002!!!! happy days...

So, does the 100,000 (SL) cost me the current price (1.0802 in your example) x the 100,000 units to enter the trade?? Just over $100,000 needed in my account (no margin) to enter?

Bro, am short of words but u are amazing! I have been watching couple of videos just to understand this but from all that I have watched yours makes sense, thanks very much

What's contract size? Is it the lot size?

that charge that the broker makes is the spread, right?

Thank you for the valuable information.

hello how does this translate to mt4

I actually understood so well. Thankyou

Great job on breaking that down!

Thank you very much

While you say that pip value for non-USD paris are BASICALLY THE SAME, do you have any video which outlines the method to calculate non-USD pairs? Example, AUD/NZD. And does the trader then convert this value to USD?

Thank you for your content

I didn't know this wow

Awesome 👌

2minutes and 21secs into the video you said "if you buy and the market goes up in pips you're gonna make money and if you sell and the market goes down in pips you're gonna lose money". I thought if you sell and the market goes down you're going to make money? Buyers/bulls need the market to go up so they make profit while sellers/bears need the market to go down so they make money, isn't that so? You kinda confused me now🙂

Great Job and great videos, Thanks

This is great.. You're a great teacher

What is lot size 409.60 on E/U equal to in dollar amount?

Nice

Very informative, thanks for sharing it with us.

Very informative, thanks for sharing it with us...dl

This was awesome, pleasure being taught by a guardian of the galaxy . Thank you Chris Pratt.

Thanks a lot bro am been watching your videos for 2 years now and am learning a lot keep going because am still watching 😊🦅

Thanks bro

Thanks to u

Very nice explanation.

so if i put $50 into a curency that was 1.0507 and it went up by 1.0607 would i have to times $50 by $10 (sl) and times by 1 to get my proffit of $500