To manage risk SEN must measure movement precisely. In Forex that unit is the pip — and confusing pips with puan 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 Kaynak 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, puan and ticks
Many brokerlar quote a fifth decimal — apipetteor fractional pip (one tenth of a pip). Atickis simply the smallest price change the platform records. Always confirm whether your platform is counting pips or pipettes before SEN size a işlem.
Why this is a risk-management araç
Your stop-loss distance is measured in pips, and your pozisyon size translates pips into money. Get the pip definition wrong and your risk is off by a factor of ten. This is why the very next lessons cover lot and pozisyon 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 platform shows.
- Pips are how SEN measure stop distance and convert risk into money.