Pip Mastery: Proficiency in Pip Calculation & Order Execution
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Independently Published
Pip Mastery: Proficiency in Pip Calculation & Order Execution
A MUST FOR EVERY TRADER! 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, Options, Etfs, Cfds, Cryptocurrency 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, Scalping, 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.