Jump to content

Pips vs Points, Contracts vs Lots - what's the difference if any?


Recommended Posts

Posted (edited)

I'm new to trading.  I'm currently experimenting with demo accounts and backtesting.  Last night I was trying to setup a short with a 1% risk, but all the research I've done up to this point, refers to everything in lots and pips.  The UK IG platform has everything labelled as contracts and points.  Are they essentially the same thing?  Erm.  "The British spelling for..."  :)

 

I'm trying to use https://www.babypips.com/tools/position-size-calculator to setup the position.  That's in pips and lots.  So I'm just trying to make sure everything will map between the two different sets of terminology if that's all it is.

Edited by iwonbigbro
Posted

Ok, I think 1 contract is measured in USD.  So 1 contract is == 1 USD which is equal to 0.1 lots.  Or a mini lot.

Still not sure on pts vs pips and whether they are just equivalent terms.

  • 3 weeks later...
Posted

1 contract = say 110jpy yen or $1.00 USD,

A pip is just the tiny movement.

So if you have 1contract valued at $1.oo USD and it move one tiny pip that is one movement you ave earned $1.00 USD.

If you have 20.00 contract that is $20.00USD when it moves 1 pip or a teensy tic

So If your trade moves 10 pips you have earned 200.00USD

pip versus point?? Depends on how many numbers are after decimal point. Anyway hope thos pips of info help. It is hard

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • image.png

  • Posts

    • As we edge closer to the much-anticipated 2025 crypto bull run, now is the time to strategize and position your portfolio for maximum gains. The recent surge in Bitcoin ($BTC) is a clear indicator of growing market momentum. With the right moves, you can ride the wave to achieve significant profits. Spotlight on Memecoins: DOGE and **** The memecoin market is heating up, boasting a capitalization exceeding $23 billion. Among the top contenders, Dogecoin ($DOGE) and **** ($****) stand out as excellent opportunities to diversify your portfolio. ****, currently trading at $0.3983, is gaining traction as one of the most popular memecoins to watch. With the memecoin frenzy expected to peak during the bull run, early investments here could yield substantial returns. Layer-1 Giants on the Rise: TON, SOL, DOT, and SUI Layer-1 blockchains continue to solidify their dominance: Toncoin ($TON) is gaining momentum, mirroring 80% of Solana’s ($SOL) growth trajectory. Polkadot ($DOT) and Sui ($SUI) are also surging, with SUI currently trading at $3.72 and achieving a remarkable 30% increase this month. These platforms are driving innovation in scalability and interoperability, making them essential components of a bullish portfolio. Ethereum Incentives To make the most of the upcoming bull run, building your Ethereum holdings is crucial. BingX offers a 15 ETH prize pool for new users who deposit Ethereum ($ETH). This is a golden opportunity to strengthen your portfolio while participating in the growth of one of the most versatile blockchain ecosystems. Why Act Now? The crypto market is gearing up for a significant rally. By leveraging the insights above and participating in platforms , you can position yourself for unparalleled success during the 2025 bull run.    
    • Listed on BingX via the SUI blockchain, it’s now: 3x its listing price of $0.20 Gaining +65.18% in momentum Built for pro traders and first-timers, this decentralized exchange is backed by Poly chain, SIG, and more to ensure security, transparency, and a cutting-edge user experience. Join the Bluefin wave on BingX today.
    • Ondo (ONDO) is poised for a massive breakout, with experts predicting its price could soar to $2 in 2025! One of the key factors driving optimism for ONDO token is the possibility of it being listed on Binance, one of the world’s most popular cryptocurrency exchanges. A leading analyst, Grey BTC, recently pointed out that Binance has accumulated 600,000 ONDO tokens, signaling that a listing could be imminent. Such a listing would likely trigger a massive price surge for ONDO crypto, with experts predicting it could soar to $2 or even higher once the listing happens. The another factor is Ondo coin focus on real-world assets (RWAs), particularly through its collaboration with BounceBit, is also a major factor contributing to its bullish outlook. By integrating RWAs into its decentralized finance (DeFi) ecosystem, Ondo is paving the way for greater adoption and use cases. This innovative approach is attracting more investors, and analysts believe it will fuel further price appreciation for ONDO coin in 2025. Ondo coin price has been steadily climbing in value, with its current price at $1.84 (as of December 12, 2024), reflecting a 7.06% increase over the past week. The market capitalization of Ondo coin is approximately $2.77 billion, placing it at rank #64 in the cryptocurrency market. The coin has a 24-hour trading volume of about $672.5 million and a circulating supply of approximately 1.44 billion ONDO tokens, with a maximum supply capped at 10 billion tokens. source - Coinpedia market   Analysts predict ONDO price could hit $1.99 by the end of this month, thanks to ongoing developments and partnerships within its network. As the coin gains attention, many are looking to it as a strong contender in the crypto space. Based on the Coinpedia data, the cryptocurrency is expected to see substantial growth. Here are the potential price predictions for Ondo (ONDO) from 2026 to 2030: These price projections highlight the exciting growth potential for ONDO price as it continues to expand within the market. Keep an eye on its journey toward these predicted values, with analysts forecasting consistent growth year over year. For more insights into Ondo price prediction 2025 and future growth potential, visit our detailed analysis related to Ondo crypto news This promising Ondo has been making waves in the market, with strong bullish momentum and exciting developments on the horizon. Investors are scrambling to get in early before the price explodes!
×
×
  • Create New...
us