To manage مخاطرة شما must measure movement precisely. In الفوركس that unit is the pip — and confusing pips with points is a common, expensive beginner mistake.
What a pip is
Apipis normally the fourth decimal place of a pair (0.0001). For EUR/USD moving from 1.0850 to 1.0851 is one pip. For JPY pairs, the pip is the second decimal place (0.01), because of how the yen is quoted.
Pipettes, points and ticks
Many وسطاء quote a fifth decimal — apipetteor fractional pip (one tenth of a pip). Atickis simply the smallest price change the منصة records. Always confirm whether your منصة is counting pips or pipettes before شما size a صفقة.
Why this is a مخاطرة-management أداة
Your stop-loss distance is measured in pips, and your مركز size translates pips into money. Get the pip definition wrong and your مخاطرة is off by a factor of ten. This is why the very بعدی lessons cover لوت and مركز sizing.
Key takeaways
- A pip is the 4th decimal (0.0001) for most pairs, 2nd decimal for JPY pairs.
- A pipette is one tenth of a pip; confirm which your منصة shows.
- Pips are how شما measure stop distance and convert مخاطرة into money.