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PIP MASTERY: PROFICIENCY IN PIP CALCULATION & ORDER EXECUTION

Posted By: TiranaDok
Date: 17 Aug 2024 19:13:39
PIP MASTERY: PROFICIENCY IN PIP CALCULATION & ORDER EXECUTION

PIP MASTERY: PROFICIENCY IN PIP CALCULATION & ORDER EXECUTION by MOMOH S.O
English | March 15, 2024 | ISBN: N/A | ASIN: B0CY7RPDTH | 69 pages | EPUB | 1.62 Mb

Just like the tick of a clock, price also tick and move in the financial market.Price moves in units known as the PIP.
PIP means Percentage in point or price interest point.It represents the smallest unit in price movement in the financial market in currency trading,stock trading and other traded securities.
A mastery of PIP calculation and its application makes for
ease of;
  • Trading any given currency pair,
  • Setting of limit or stop orders
  • Planning of trades
  • Setting of profit targets
  • Swing trading,position trading and
  • Trading in various time frames,as well as time zones.
This book PIP MASTERY,simplifies the concept of PIP,shows and explains how pip is calculated and how it can be used for;
  • Projection of future price movement
  • The extent or degree of price movement
  • Setting of profit targets
  • Risk assessment & Exposure
  • Executing orders and reducing the screen time or staying glued to the screen,thereby making the trading process,deliberate profitable and seamless.

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