what is PIP in forex trading

Market me sab sy chota change pip kahlata hai. for example agr gold 55.31 pe hoti hai or ap is point pe trade laga lety ho or ap lot size 0.01 rakhty ho to jab move trade profit me move kary gi to to pahly 55.32 pe ay gi to is ka matlab hai k gold ny one pip move kia hai ya trade me one pip ka ezafa hoa hai

Re: what is PIP in forex trading

bro apnay wo question kara hai jo new traders k lie ek sawal hota hai isse unhe samjh nahi hoti k kia pips hai , to mai apko bata chalo k pips wo hote hai jo number hote hai means point example 1usd equal to 138 pkr means 1 pkr to usd 0.0072 to ager ye 0.0071 ya 0.0073 hugi to mtlb market 1 pip say up hoi ya market 1 point say down hoi, to ye mtlb hai pips ka, isi tarah pip mai hi profit bhi count hota hai hai k apnay lot size jo lagaya hai usko number of pip say multiply krty hai to apka net profit nikal ata hai, ihope ap tamam log ko ye bat clear hu gai hugi k pips kia hote werna iska easy way ye h k currency conversion rate deikhle pkr to usd or different currency apko idea hu jaiga pips ka, Thanks!