Points VS Pips - page 18
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Google what the standard alcohol unit is, there are formulas there too ))
Even alcohol is tied to a unit! )))
any fool can google... hence the relevant analogies, which do not allow the topic to grow to 17 pages in principle.
any fool can google... hence the relevant analogies, which do not allow the topic to grow to 17 pages in principle.
What's wrong with google? Go to the library then))
What was the question and what was the answer?)
Google what the standard alcohol unit is, there are formulas there too ))
Even alcohol is tied to a unit! )))
As a joke, one bottle counts as 1 point - three for 0.33 pips )))
ahaha))))
How else to say. Suppose I write that my trading system makes 100 pips a day. Everyone is like this: Wow, that's great! Then it turns out that 100 pips on a five-digit chart.
Who would understand? When you're talking about profit in pips or pips, it's obvious that you're talking to idiots. This is the only value of the division into pips and pips.
What makes you think it's the minimum not divisible? It's as indivisible as 1 lot.
It was indivisible 10 years ago and now 1 pip is 10 pips whether you like it or not.
When a person tells you 100 pips, do you ask again in 4 or 5 digits? Don't be ridiculous...
When they say 100 pips it's 100 pips in 4 digits and in 100 pips it's 10 pips...
By definition it is minimal and indivisible. Always has been and always will be.
Strange how you think, so there are accounts with 4 and 5 digits and no one argues that there is no or can not be 5-digit accounts, and that they are the same 4-digit accounts, and the fact that the 5 digit can be called a pips is an argument for a lot of pages....
Who would argue about the strangeness of thinking. In the entire history of your time on this forum you have never once demonstrated adequate thought and adequate reasoning. By the way this largely applies to the rest of the defenders of pips. Quite clearly a category emerges.
An atom is an atom and a nucleon is a nucleon, things should be called by their proper names... And an atom is not the point which is a nucleon...
There will be 6 signs or 20 signs each will be given its own name, thousandths or twenty thousandths... When they are, then they will be named...
Now, there are accounts with 2 and 4 digits and the minimum change in them is counted in pips and there are 5-digit accounts the minimum change in which is counted in pips. Whether one likes it or not...
There is a container for liquids, the volume of which is calculated in litres (bucket, barrel, tank) and there is a container for liquids, the volume of which is calculated in milliliters (syringe, vial, minidisk).
It is stupid to count the volume of a syringe in litres...
And a pip is not a container, by definition a pip is the minimum unit of a quote.
A drop of water and a drop of alcohol are very different in magnitude - in volume and in mass - but in either case, it is a drop.
.
.
Note the farthing in the 5-digit quotations.
But points are understood as they used to be and are understood now.
And how are they understood? Each in his own way?
No, wrong, I wrote that to make it clear that pips is the Percentage Point, which is unchanging, and in which all brokers, all banks, all financial institutions do their calculations.
Show me one brokerage (or financial website) that does not count in pipsAnd what does "percentage point" mean? Percentage of what? And what percentage?
It would not be a problem if all the kitchens had the same price signatures. That is why all publications on the topic and all forums always stipulate - e.g. "set TP to 100 pips (4-digit)". If it says simply "set TP to 100 pips" - by default that means 100 pips on the 4-digit and 1000 pips on the 5-digit.
No wonder those who don't trade but only write owls are not aware of this.
You see, you yourself write that 100 pips (and not even pips, but pips))))) on a 4-digit is identical - 1000s of pips on a 5-digit.
That's the great thing about pips - their proponents contradict themselves across the line.