Notes on Apr 7, 2022
9:59 minutes
When trading, traders keep close attention to the PIP and the PIPPETT
PIP - 4th Digit from the decimal point
PIPPETT/MICROPIP - 5th Digit from the decimal; point
Margin/Leverage - 50.:1 100:1 200:1 500:1 1000:1 (margin levels)
Trades Size:
Micro lot - $1,000
Mini lot - $10,000
Standard Lot - $100,000
Leverage deposit is 2%
PIP & PIPPETT stays the same even after the deposit change.
So that’s why trading offers high leverage and the ability to make 90% money in the markets
On the other side of the coin, the is risk in the markets, and you can lose your money.
So trade wisely and use wise leverage.