How much is a pip worth nowadays?
Some brokers have switched to a 5 decimal pricing system. Apparently to reduce the spreads that they offer. This has the implication that what we know as a pip is now 10 pips as they define it. So a profit of 400 pips is actually a profit of only 40 pips.
Do we now change our terminology?
Last edited by Henry; 14-08-2009 at 18:27.
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