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Quick question for forex traders: how much do you risk per pip? On EUR/USD, one pip is about $10 on a standard lot, $1 on a mini lot and $0.10 on a micro lot — same chart, very different day. I wrote a beginner guide with worked EUR/USD examples: https://zimbuck.com/blogs/1736/What-Is-a-Pip-in-Forex-Trading-How-Pips-Pipettes
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What Is a Pip in Forex Trading? How Pips, Pipettes and Lot Size...
Every forex quote moves in pips, and every profit or loss you will ever make in currency trading is counted in them. If you do not know exactly what a pip is — and how its value changes with your lot size — you cannot size a trade, set a stop loss, or judge whether a strategy actually...
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