Forex: What Is A Pip (Beginners Must Learn This First)

[@thetradingchannel]

EXTREMELY IMPORTANT PSA: There are a number of accounts using our name and profile picture to pretend to be me and steal money from viewers. 1 - I do not have a Telegram, Whatsapp, or Discord account. 2 - I will NEVER ask you for money. 3 - I will NEVER ask for money/cryptocurrency and say I will trade for you. 4 - I will NEVER ask you for a payment in any cryptocurrency. 5 - DO NOT COMMUNICATE WITH THESE ACCOUNTS. They are pretending to be me and trying to steal your money. I currently have two full-time employees that delete these comments daily. But, some still get through. So, please be extremely careful and never give someone cryptocurrency or money that is pretending to be me. AGAIN, I DO NOT HAVE A TELEGRAM, WHATSAPP, OR DISCORD ACCOUNT, I WILL NEVER ASK YOU FOR MONEY OR TRADE FOR YOU, I WILL NEVER ASK YOU FOR A PAYMENT IN CRYPTO. DO NOT COMMUNICATE WITH THESE ACCOUNTS. Also, there are a number of fake IG accounts doing the same exact thing. The ONLY Instagram accounts we run are @stevenkiethhart and @thetradingchannel anything else is not me/us. Other than that, I hope you enjoy the video! If you want to learn from us and would like to learn more advanced material then join our VIP training course/program. Go to www.eaptrainingprogram.com PROGRAM INCLUDES: Full training course (beginner to advanced) Technical analysis training Full rules-based Strategies Risk management training Strategy optimization training Backtesting training Weekly analysis video (each Monday) 3 to 5 email alerts each week Pro Trader Report (email of analysis) Priority email mentorship (Me personally answering your questions) Review videos FREE Spreadsheet for backtesting Advanced AP1 pattern training Advanced Double bottom/top training And much much more... For any questions about the course email - [e-mail] PROGRAM ACCESS - www.eaptrainingprogram.com Talk soon, Your honest trading coach, Steven

[@roberthcab90]

Not even going to lie! Your the only one I've came across that actually teaches about forex without just teaching 5mins and having people to sign up to their shitty classes. keep it up broooo

[@kirishima4430]

This was great, I've been looking for "10 most popular forex pairs" for a while now, and I think this has helped. Ever heard of - Menabeth Pips Parapraxis - (search on google ) ? It is a great one of a kind product for making a ton of money trading forex using this software minus the hard work. Ive heard some pretty good things about it and my cousin after a lifetime of fighting got cool results with it.

[@slimdawgmillionaire3072]

thanks for treating me like a 5 year old man, it actually helped a lot lol

[@johnnyindaflesh1953]

No 🧢

[@astongrad930]

I feel exaxtly the same, not insulted at all. A great tutorial

[@astongrad930]

... Also goes to prove the theory that finance is deliberately made complicated to keep the masses away. They need our tax money to bail them out when it all goes to pot

[@moriakaniki5381]

🤣🤣yah me too 4 year old

[@jordygames616]

@@moriakaniki5381 facts this helped a lot

[@aron-c8207]

comment, 2 yrs later. thanks for taking ur time covering the basics for the newbies- appreciate it.

[@lukerr8561]

before this video I didn't know what I was looking at. But after, I completely understand what a pip is. Thank you.

[@t.o.g2]

this is the most simplified video teaching you have made I actually have come across to... ❤❤❤

[@Skyjuice70]

Hey man, I want to give you a big thanks and much respect for your tutorials. You are breaking it down perfectly without making it too confusing. Glad I found you. Thumbs up from me, bro. You got yourself a new subscriber! 👍🏾

[@floretterisbert8979]

I love the way you have explained about pips. I'm glad I found your channel.

[@abundantbalance]

I'm a new trader and this was very helpful. Thank you for breaking this down.

[@love83forever]

I love your method of teaching. I will sit through the rest of your classes because I don't feel overwhelmed. Thank you

[@mabuye]

First time on the page!!!! Man i love this guy! I wish i had him as a teacher growing up maybe school would ve had made more sense. Bless him

[@FavourAgu24]

Oh my God! This was the best lesson so far on calculation of pips. Thank you sir

[@Richyyy_G]

finally understood how to calculate pips, great detailed content

[@jessicahill5388]

BEST video I have watched so far on PIPs.

[@solethuntsie8858]

Took a break n now I'm back been looking for this guy 😂😅 he explains it in the simplest way ❤❤

[@mioranwaraizuddin4776]

You are amazing! thank you for teaching us ! such a quick and easy to understand.

[@randomrandomjer7372]

It's very clear. Thank you

[@nedned7148]

Wow! Thank you! I finally got it. You're a brilliant Teacher.👏

[@rikkiparsonage8777]

Excellent tutorial especially for me who has just started to learn any more advice will be much appreciated 🙏

[@richieswonderla2392]

O yes ur are my teacher ... Coz im in pre-school of forex institute ... And my teacher got lot of patience to teach A B C D

[@anaghedayan876]

I'm indeed grateful. I now have a clue about PIPS

[@NayNay-ql3no]

Thank you so much, i am learning so much from ur videos🙏

[@lawrencedeaninvestments2171]

I get it now I kind of understood before but now its 100% clear as glass thank you

[@badassbard3295]

I trade options and my forex homie always talked about pips so here I am thanks I actually got what it means

[@SwitchTheNiche]

Thank you for this video. I am able remember most of the things I learned from IML 🙏🏾

[@razzlev]

You are a great teacher and explainer. TY

[@isaaclambs9464]

this is the best explanation i have gotten since yesterday, thank you so much

[@topboy5429]

Thank you so much for this

[@kagokenaope2334]

Am about to start trading but i feel like following your tutorials will make a green light for me to make more money thank you so much keep it going

[@mabuye]

I dont even care if he charges. At this point im hooked to his style of teaching

[@Marjannuel]

my man doing gods work

[@bertwright6327]

Great information! This was easy to understand and helpful

[@davidibiyemi1308]

Wonderful, thank you very much Sir for this enlightenment

[@jayknight139]

Wow amazing teaching skills. I totally understand now.

[@tony3966]

Have watched most of your videos you are really good at explaining every detail thank you

[@Urbarberrr]

This was a good video I like how he made it easy to understand and he seems like a good teacher

[@ralphaelconfer9719]

Truly great example of counting pips. Thanks for your time!

[@jessicafrank3853]

Thank you so much this video was very helpful

[@matthewspencer6669]

Love the double backwards N

[@ShawnM]

Great explanation on pips! Thank You. SUBSCRIBED

[@panchasanguparakalarajan8948]

Nicely explained. Thank you sir for sharing this with us 👍

[@KenyaMicheall]

Thank you so much for this video! Now I know how to count pips!!

[@nael2770]

is the jpy pip as you explained only applicable if jpy is in the quote position?

[@naominanyama5378]

Bravo!!great information on pips

[@princedoncee7206]

man, you're a good teacher. thanks

[@lungababy236]

Thank u so much for breaking down each of your explanations 😭

[@samuelo.4298]

Thanks alot ,I learnt very well

[@Muzix72]

Thank you for this valuable information. Keep up the good work.

[@eunicelandzeh4912]

Very helpful, you are a great teacher

[@astongrad930]

Thanks, dude. That was super easy to understand

[@syedhub]

Beautifully explained 👍

[@bokamosogaborekwe6162]

The Good teacher

[@chefsjacket]

Break it down so good I suscribed

[@miebakabrownweli]

Amazing teacher ❤️ God Bless you

[@melonheart4174]

Wow actual information! Thank you very much, it's greatly appreciated. Keep up the valuable work!

[@kenwilson8024]

Great teaching! I feel like I have a greater grasp of it now. My only question is do the columns move as a whole or do the numbers carryover as they go up and down from right to left? Like once the 1 PIP column reaches 0, and continues to drop, would the 0 then turn to a 9 while the 10 PIP column dropped by one digit?

[@YouTube_baby2]

You know this table actually helps me a lot know l am starting to realize a little thanks man much love Me at the meat time watching this in 2024😂

[@jjkk90live]

thank you man, so easy to understand

[@JaKzOndaTrakz]

This is a great video. I like it! Can't wait to learn more.

[@jumawalter4469]

Waw, Thanks alot it's simple and clear

[@Floatsgarden]

I understood this so quickly wow🙌

[@yamitf77]

does all you teach in your videos apply to forex only or we can apply them to stocks as well? love your videos by the way, thank you.

[@gabrieladt454]

The best explanation

[@NathanEall]

Such a greatly explained video, thank you! :)

[@imrankhanel-bashir5458]

Very informative. Thanks a lot.

[@roberttimmins415]

What broker do you use or what broker can I use that has that percent risk calculation.

[@nessrineboubakri6203]

you are amazing ! I can't thank you enough for this !!!!! ❣

[@mondemonde8817]

Thanks my brother.

[@i.am.b.etty0]

Wow I really liked Got a question can it happen that it moves for example from1.0248->1.0259???

[@yaminiquebrown2168]

So easy to follow thank you!

[@sawfalllama2186]

1.0787 to 1.0936 how many pips change value?

[@ClipKing-kv1jj]

Thank you so much sir triple gem bless you ✨

[@mjchanel911]

, thanks very clear explanation

[@hadassah22]

Wow thank you for this video. You make it so simple to understand how to read pips. Today is my first day learning how to do forex trading

[@ayandadotwana8337]

Thank you so much!

[@InfinitelyManic]

This is how I think about it: pip = 10^-4 | 1/10^4 Lot sizes: Std = 10^5 * 10^-4 = 10^1 = $10 per pip Mini = 10^4 * 10^-4 = 10^0 = $1 per pip Micro = 10^3 * 10^-4 = 10^-1 = $0.10 per pip Nano = 10^2 * 10^-4 = 10^-2 = $0.01 per pip

[@rezanisse6063]

i finaly got it tnx man❤

[@pearlpirate]

Good explanation 👏

[@mr.cumbres4753]

Really helpful man!!!

[@KgaugeloMmakola]

Cleared thank you 🥂

[@deksper]

The JPY has 3 digit places to the right of the decimal point

[@kabandajamir9844]

So nice thanks sir

[@syedhassanraza2571]

I like your shirts dude! ❤ Nice Video!👍👍

[@batteactive]

Im still slightly confused at what an actual pip is tho this vid just kinda showed how to read it but not understand it ORRR have i missed it entirely im sorry XD

[@karolj480]

great explenation

[@Pantomath.]

Great job. 👍👍👍👍👍👍

[@ihsanmoonly6356]

Helpful information

[@jackgill2391]

Respect... learned again ,.,

[@alexmcalexface2088]

Thank you for this good video! Probably a dumb question but in non JPY can’t you just subtract the numbers to give you the PIP change?

[@lungababy236]

YOU GOT YOURSELF A NEW SUBS!!!

[@michael_ways5398]

Please do the calculation with the one that six digit. Which is GBPJPY EXAMPLE 181.682. Please🙏🙏🙏 it's wounding.

[@stevenkia6393]

Pls reconfirm your last example ie; 130.70 to 129.70. Is it 100 or -1900??

[@maryjeff3260]

Best video ever

[@bassemgargouri9019]

Interesting, but does this apply to crypto ?

[@MeloGrooveGenius]

Please do indices

[@johnkachope7686]

Much respect bro keep it up

[@AkaMagenta]

This content! 🙏🏾✨🤑

[@deigm3456]

thank you sir, this video was so helpful. keep teaching us

[@ikbpierre3856]

Do the same concepts apply for BTC/USD

[@Schbagkium1993]

is this important for crypto trading?

[@DylanWueseter]

What if the currency price have five decimal point?