As you'll soon learn, the Forex pip can be your best friend or worst enemy. First, we'll go over what a Forex pip is exactly. Then I'll discuss what you can do to maximize pips , and your profits, while simultaneously minimizing your losses. What Is A Forex Pip? First thing first. What exactly is a pip ? Pip stands for "percentage in point" and is the smallest price increment in forex trading . Since most major currency pairs (the Japanese Yen being an exception), are priced... read more