How much worth your pip ?

Hi,

Hope my question is not breaking any privacy , but I dont believe as here we are all nick name guys

How much does your avaerage pip worth ?

My pip worth in average 15$

What about you ?

Im curios to understand if people trade for money or for hobby, considering the time you invest in trading

LOL, .10 a pip usually traded in 4 lots.

0.10 $ ?
4 lots you mean 400.000 $ ? shouldnt be 40$ a pip ?

Micro account, .10 a pip, 4 lots, each pip is worth .40 cents.

I thought a 10k trade is called a 'minilot', isnt it ?

and a 100k is called a 'lot'

pip=$10

Yeah I meant .4 lots. Not a whole 4 lots.

2 dollar / 50 pips sl.... = 4 cent

... 250$ n sometimes 500$!

It fluctuates with the value of the pair, but ATM: $170/pip.

For me it depends on the set-up. If it 'looks' strong then my $ per pip may be higher, on a weak signal the $ per pip may be lower. Then again I may trade more lots at a lower pip value on a strong signal also...I let the charts tell me what my $ per pip value should be....

Hi Guys,

This is just my 2 cents,
When it comes to how much a pip worth, I like to see it by my starting capital.

If I got $1000 for start, I'd like to trade 1 pip = $1
for the $2000, 1 pip = $2 and so on.

I think this the safest way to trade on such small capital like mine lol

@mesinuang, I think it will be better if you stay trade your 1st 1000 @1%, and the next 1000 with 2% etc etc. at least you keep your basic equity intact with constant profit.

Dutdot,

Yes, I like to settle all my trade base on the 1% margin of my capital.
It's the safer way for me personally.

I think we should not "gamble" on the market and should focus on the equity instead.

Good to hear there are traders which have so big pips
for now what I use for pip is good for me, but probably as now Im riding the forex horse well, I will increase soon.

I am only going for $.50 per pip for now.

I changes my strategy into many positions low pip value. Hundreds open positions and only $1 up to a few of max. $20 per pip.
This way, I can close some trades in profit every day!
I need pips harder than any junkie needing drugs!

2% risk = .18 lots @ $0.10

it depends. I've gone as high as $500 per pip. On weaker signals, it's about $100 per pip.

pip = $1 per lot