Tell me guys, do you understand this term called pips in forex trading? I have just started to learn, but I don't understand it whatsoever. Thanks a lot for help!

Sorry, lady. But I really don't know. Maybe you find some encyclopedia or seek a professional consultation. Or we can just wait till someone else comes.

To tell you the truth, I have no experience in Forex trading either. Although like you, I heard good testimonials from other people and I feel ready to start. I found this https://www.dailywebpoint.com/what-are-forex-pips-and-points/ article that explains what are forex pips. As far as I understand there are no complicated definitions. But we both must get deeper into that. So why not now?

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Thanks

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