STTS Lesson - 2 March 2016


The importance of Pip Values
 
Earlier today we took a position and issued a signal to STTS subscribers on the EURGBP pair.

It is important to remind all our readers that when trading certain cross-pairs, the value of each pip you risk can vary hugely. In the case of the EURGBP pair, at the time we took on the trade,
1 pip = 14 USD.
 

This can have a huge impact on your position sizing and hence your Risk.

At TFF we teach to take pip values into account as part of a sound Risk Management strategy and provide our readers with Excel spreadsheets to help with this.

STTS Subscribers can download the 'state of the art' TFF Risk Management Tool Here.
 
Non subscribers can download the more basic but still useful Pip Values Spreadsheet Here.

Happy Trading!


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