pip

A pip is a very small measure of change in a currency pair in the forex market. It can be measured in terms of the quote or in terms of the underlying currency. A pip is a standardized unit and is the smallest amount by which a currency quote can change, which is usually $0.0001 for U.S.-dollar related currency pairs, which is more commonly referred to as 1/100th of 1%, or one basis point. This standardized size helps to protect investors from huge losses. For example, if a pip was 10 basis points, a one-pip change would cause more extreme volatility in currency values.

Yes you ate say the right and your thread is good. We can say that the pip is the basic unit in the Forex market. Our earn is according the lot size
Big lot mean big pips and small mean small pip

bhai paata nhi hai.,,.per apki post se mujhe fiad hugaya hai me pipi ko nhi jnata tha per abhi mujhe malooom hugyaa hai k pipi kiya hi

ye bahjut achi ikae hai isey am tor par unit kaha jata hai q k ye is liye hai k kisi cheez ki paimaesh yahan par aur unit sey nahi ki ja sakti hai.

pip aik term hy jo forex trading main use hoti hy currency ke meaurment huy jis say ksi b pair ke market value change hoti hy app aisa samjy k pip sub sy choti aikai hy .