29 Jan, 2010
Posted by: immadmarketer In: Finance
You regularly hear the word pips when it comes to foreign exchange trading. But ever puzzled over what are the pips and how they are calculated? The term pips means the tiniest price change. What’s the littlest change is defined by brokers and it is used in programs like Pip Android. For instance, in EURUSD [...]
29 Sep, 2009
Posted by: imlight In: Finance
In order to be a successful trader you must select a good forex broker. The broker should be in business for at least several years. He should give you as small spreads as possible. For instance EUR/USD spread should be less pip or less. Also spread must be notfixed. Because during news releases there are [...]