Connor Jackson  |  Updated April 2026  |  6 min read Key Takeaway A pip (percentage in point) is the smallest standard price movement in forex. For most pairs it equals 0.0001. To calculate pip value: multiply the pip size by your lot size, then divide by the current exchange rate. Use a pip calculator to get instant results without…
100,000 Units in a standard lot (the baseline) 4 types Standard, mini, micro and nano lots 1–2% Max account risk per trade $10 Pip value on 1 standard lot EURUSD You open your broker platform for the first time. You find a trade you like. You go to place the order and hit a field…
74–89% Retail traders lose money (ESMA, 2025) 1 page All you need to write 6 rules That cover everything $9.6T Daily forex volume (BIS, 2025) Most forex traders don’t have a trading plan. They have a rough idea. “I’ll buy when it looks bullish.” “I’ll sell when the trend breaks.” “I’ll stop when I’ve lost…
