HOW TO CALCULATE PIPS, PROFIT & PIP VALUE IN FOREX TRADING (FORMULA & EXAMPLES)

Рет қаралды 283,813

6 жыл бұрын

How to calculate pips in forex trading? A lot of people are confused about pips forex meaning and the forex trading pip value.
You need the value per pip to calculate your position size and also you need to learn how to calculate forex profit and loss as part of your risk management.
I'm going to show you how to calculate pips, share with you the forex pips meaning and the forex trading pip value calculation. I'm going to give you a pip forex example and the pip value formula for you to get a better understanding.
The forex pip value is determined by the market price. Which is why you need to know what are pips in forex trading before you can learn the pip value formula.
A lot of people mistaken the forex pips meaning with forex points. It's a completely different thing. The forex trading pip value has to be calculated everytime you calculate your position size.
You need to familiarize yourself with the forex pips and lots to do proper risk management. Hopefully you will like this video where I'll have the forex pips explained in detail.
I'll also share with you what is a pip worth in forex trading for different forex pairs so you can learn how to calculate pips profit.
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Singapore youtuber profile:
Karen is Singapore Forex trader, Singapore motivational speaker, Singapore youtuber, Singapore vlogger , author and was ranked #1 in a Singapore nationwide Forex trading contest.
This trader vlog showcases the trading lifestyle and entrepreneurship life, plus weekly motivation for those that are not traders.
It's also a Singapore vlog where most of the shots are done in Singapore. She will also be bringing you around the island to explore Singapore.
Karen is a motivational speaker based in Singapore and Malaysia and delivers talks that touches the heart of her audience members.
She is a motivational speaker that is well sought after by many schools and event planners as she is known for solving several teenage problems as she has experienced many setbacks as a teenager back then.
Email: karen@karen-foo.com
Website: www.karen-foo.com
Facebook: / karenfoospeaker
Instagram: / imkarenfoo
MENTORSHIP PROGRAM ONLY FOR SERIOUS HUSTLERS : bit.ly/2qkIvRj
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Music Credit:
Adventures by A Himitsu / a-himitsu
Creative Commons - Attribution 3.0 Unported- CC BY 3.0
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Music released by Argofox • A Himitsu - Adventures...
Music provided by Audio Library • Adventures - A Himitsu...
• HOW TO CALCULATE PIPS,... Disclaimer:The content here is for informational purposes only and should NOT be taken as legal, business, tax, or investment advice. It does NOT constitute an offer or solicitation to purchase any investment or a recommendation to buy or sell a security. In fact, the content is not directed to any investor or potential investor and may not be used to evaluate or make any investment.Investing and trading is a high risk activity and should be approached with caution. I am not a certified financial advisor. Hence, it is important for you to seek a certified financial advisor to craft your portfolio.

Пікірлер: 581

@stuff350 4 жыл бұрын

I believe those that give , will receive many blessings. Thank you for taking time and teaching us Karen you are awesome. 😊

@KarenFoo 4 жыл бұрын

You're welcome

@user-pe8wj3ys3x 4 ай бұрын

Some are complaining about what ??! You are excellent! I had professors during my 3 post graduate degrees and I assure you could teach at university. Be proud of yourself !

@KarenFoo 4 ай бұрын

Thank you. I actually trained for 5 years to become a professional speaker. Most professors never went through public speaking training. Many people don't see the hard work i've put in :)

@medapavan5549 4 жыл бұрын

Your the person like explain each and everything in detail with more patience that’s the rear quality which I ever seen before

@jamessurin2268 3 жыл бұрын

Karen, I don't have any words or expressions to tell how wonderful I am after learning how to calculate pips. The only thing I could tell you; thank you so much and I hope you reach your goal and have a longevity to enjoy all your blessings.

@drew1144 4 жыл бұрын

Thank you for being the only person that explained and showed it in a way I understand.

@KarenFoo 4 жыл бұрын

You're welcome

@bisaya1111 2 жыл бұрын

I can't thank you enough for all the videos you made for us aspiring traders. I wish you more blessings and good health (physically and mentally)!!!!

@b.i.6007 3 жыл бұрын

You clarified every doubt I had , thanks for the free content !

@Xavier-it8sq 3 жыл бұрын

Honestly, since I bumped into your videos two days ago. I just have to watch it. Your quirks you exhibit through the videos are always so good. I like how you break down each concept to get the ideas through. It's quite innovative and too simple. I like the whiteboard form of explanation. Thank you, Karen. Your videos are valuable.

@KarenFoo 3 жыл бұрын

You're welcome. Glad you like it

@battouhgerroh 4 жыл бұрын

Hi I noticed something: When initially calculating the PIP value for EURUSD to the fifth (5th) decimal point the value should’ve been 42.8 PIPS and not 42.2 PIPS as earlier illustrated. But thanks for your detailed explanation made so simple. Subscribed already!

@KarenFoo 4 жыл бұрын

Sorry my mistake!

@josenolasco5205 2 жыл бұрын

I've watched multiple videos that would expand from courses. I am new to forex and this made me clearly understand how to calculate pip value. Thank you for your knowledge 🙏

@Nb61777 3 жыл бұрын

This video has helped me so much, thank you! You break down the financials easily and efficiently.

@liveandlearningbydoing9714 4 жыл бұрын

I like the way this clip is explained simple and sharp. The amount of time I spent (1 day) to watch many clips about pip value in my local language is equal to 10:36 minutes of your one clip. The way you seperate and sum up formula and examples are brilliant.

@KarenFoo 4 жыл бұрын

Thanks for your compliment

@mohammedzahoor7970 3 жыл бұрын

Mr. Karen , you have brilliantly explained all details in a very decent manner. No drama. Just to the point. And I like your accent. Thanks

@comptonj5416 4 жыл бұрын

This is GOLD, thank you and god bless and stay safe everyone let's get to work!

@itumelengmoyaha9787 5 жыл бұрын

Thank you so much I finally understand🔥

@KarenFoo 5 жыл бұрын

Glad to hear that. You're welcome! :)

@Drums4fun2011 5 жыл бұрын

Karen I appreciate everything you do for us because you rock!!!

@KarenFoo 5 жыл бұрын

So nice of you

@yungavalor3192 3 жыл бұрын

I wish I have heard of you earlier. Thank you so very much. Literally, no one else would explain these things so effectively.

@KarenFoo 3 жыл бұрын

Better late than never

@julies5536 3 жыл бұрын

This was SUPER helpful. Thank you soooo much for sharing this. You are my absolute favorite investment teacher online!

@KarenFoo 3 жыл бұрын

Aww so nice of you to say that

@9balls. 2 жыл бұрын

Yes, I finally got the idea Karen Am so happy right now, your a genius

@AlSabado-at-alsabado-com 2 жыл бұрын

Wow, Karen. Of the videos I watched, you're the only one who's mentioned what PIP stands for: percentage in point. Thank you for clarifying.

@ayeniabbeyderoi5320 3 жыл бұрын

i just love watching this lady always her contents are always staright and filled

@brendacataldo4271 3 жыл бұрын

I love watching your videos and I have learned so much from you! Thank you for doing this!!

@mommaashtalks 3 жыл бұрын

thank you so much Karen, this was so helpful, you are a blessing

@reubenomariba7206 Жыл бұрын

I never knew how to calculate the value per pip until I watched this video. I like your videos because you are dedicated to explaining everything in simple terms. I believe that if I watch your videos carefully and combine it with your book, I will achieve what I want in this industry. Thanks for your great book " Fundamentals Of Currency Trading_ Mastering Technical Analysis, Fundamental Analysis, Trading Psychology & Risk Management.'

@ervin1jp 2 жыл бұрын

I'm a recent subscriber and I'm luvin' it. Explanations are very straight forward. You also have the most beautiful slang with a Chinese accent. Sounds so real, I really luv it. Thank you for everything.

@drabidkhan6990 3 жыл бұрын

no doubt the best video to learn pip value and profit/loss calculation--Thank you Karen God bless

@fahmybasardien1211 3 жыл бұрын

Thank Karen for taking time out from your trading to teach us. Very much appreciated. You have a good soul. May the lord God Almighty bless you with peace

@xSpicyBunx 5 жыл бұрын

Thank you for explaining this in a way that is totally understandable. I was not getting it at first from reading it.

@KarenFoo 5 жыл бұрын

You're most welcome

@javadziaebrahimi3568 2 жыл бұрын

i'm just learning forex trading and your videos are awesomeeeeee keep it up. you are teaching it really easy to understand and straight to the point . every second of watching your videos worth a lot. thanks😄

@theonepercenters8782 6 жыл бұрын

Thanks for this video (the light bulb can on) ...I understand much better now! You explain this so easy again thanks!

@KarenFoo 6 жыл бұрын

patty andrews You're welcome! :)

@lol-pz1ni 3 жыл бұрын

thanks Karen I found this really useful content. I have wondered why there is no pip difference calculator but actually the cross hairs function on MT4 will help you.

@userDEVmtb 4 жыл бұрын

AS ALWAYS, GREAT VIDEO! Keep up the good work! More power to you! Thank you for teaching us!

@KarenFoo 4 жыл бұрын

You're welcome. I'll keep doing my best

@AtheistAdam 4 жыл бұрын

You are a great teacher. Thank you.

@509akim 5 жыл бұрын

This is the only video that helped me understand thanks Karen 🙏🏾

@KarenFoo 5 жыл бұрын

You're welcome

@warrenogaga7939 3 жыл бұрын

Thanks you are a good teacher. The best I have listened to. Thanks again

@silencermapuranga7637 4 жыл бұрын

You are just incredibly good a teacher. No bla bla and straight to hard facts. Thank you.

@KarenFoo 4 жыл бұрын

Thanks for your compliment

@basicfroextrading2397 2 жыл бұрын

I couldn’t stop watching your videos. More than words Ms. Karen you are really Superb.

@amandamlenzana8098 3 жыл бұрын

Such a vibe! Thank you for the great content. Best educator by far! I'm watching you 2days straight!

@KarenFoo 3 жыл бұрын

Thanks for your kind compliment!

@princxlxx3420 3 жыл бұрын

You are amazing at teaching 😍thankssss sooo much karen , highly appreciated

@whatgodcannotdodoesnotexis9657 2 жыл бұрын

Wow.. You are the best and wished I'd seen your videos before losing all my account. You are a true motivation. I wish I could live in your heard or be a fly to take advantage of your trading decisions.You are a true blessing. Would like to be part of your trading sessions. Xoxo

@aminebarkouk3660 2 жыл бұрын

karen i watched you for only 6:28 minutes and I FELL IN LOVE . THANKS FOR THE GREAT CONTENT , KEEP UP LEGEND :)

@salman_s_h 2 жыл бұрын

After a year and abit more of doing traidings, Now Im back to learn these kind of stuffs with you again. Thanks for these high quality videos. If someday I will be in the level Im working for, Im gonna meet you, inshaalah ✌️😊 THANKS again.

@ezrasitali7575 Жыл бұрын

I think I'll be watching your videos all my life...lol..I've watched this video about 5+ times. Thanks Karen!

@johnsonza 4 жыл бұрын

This is the best explanation on youtube. Thank you very much. Excellent job!!!

@KarenFoo 4 жыл бұрын

You're welcome

@Expect_Anything 2 жыл бұрын

thanks alot for this, i really appreciate. you are a blessing to me and the world. Thanks

@amit12000 Жыл бұрын

very great video beginner for forex I never saw person who explain very complicated thing in very simple way ; she game changer in my life give new direction in difficult time

@ylandbj 5 жыл бұрын

really good explanation on this, I'm new to forex and ur prob 1st person to do decent vid on it thx

@KarenFoo 5 жыл бұрын

You're welcome

@fabiosangiorgi3596 5 жыл бұрын

Great content, great presentation. Thanks for sharing your knowledge. Very much appreciated

@KarenFoo 5 жыл бұрын

You're welcome. I'm glad you like it 😊

@Olubabdc 2 жыл бұрын

Great Teacher Karen Foo. Keep it up!

@jamescut466 2 жыл бұрын

im still fresh as with trading (1 month) still haven't opened live account the method i was using was wingin it but this has been helpful cheers

@muneerpeters1210 6 жыл бұрын

Truly an underrated educator.... Only for now though 😉 hard work pays off.

@KarenFoo 6 жыл бұрын

Awww~~ thank you so much. Well maybe I need to rely on your support to make everything worthwhile :P

@realtalkwithmanish 5 жыл бұрын

you actually have explained me .. as compared to the other people on youtube . thanks .

@KarenFoo 5 жыл бұрын

You're welcome!

@lydiakandume429 3 жыл бұрын

Thank you Karen🙏🙏🙏 Much love❤

@Oflexmedia 4 жыл бұрын

am not even done yet watching this video but am already loving your personality, u are so amazing, just too educative. i wish u all the best and thanks so much for these free contents.

@KarenFoo 4 жыл бұрын

You're welcome. Thanks for your kind compliment

@AllatonceIvan 6 жыл бұрын

Awesome stuff!

@KarenFoo 6 жыл бұрын

Thank you

@cryptorebornacademy2778 Жыл бұрын

Thanks for this.you don't know how much u just saved a soul

@greatmindforex 6 жыл бұрын

I think I just learn from you now, thank you very much Karen

@KarenFoo 6 жыл бұрын

You're welcome, Moses. Hope you learn a lot from it :)

@PJFox-lo8pi 3 жыл бұрын

You have a nice direct way of teaching things. Nice and to the point. Thanks for your time.

@KarenFoo 3 жыл бұрын

You're welcome

@mwila_shepherd 2 жыл бұрын

Thanks alot Karen, you so much of a help. Keep up the great work✊🏿🖤

@PushpaDevi-sj6qx 2 жыл бұрын

Structured n extremely clear explanation 👌 Thank you very much for sharing your knowledge 😊

@blakeausie5058 3 жыл бұрын

The information easy to digest, thank you 🙏

@dzkalibro5856 5 жыл бұрын

Thank you so much.for this Good video simple ,especially for beginner and This is what we need to interpret Forex easily without complication

@KarenFoo 5 жыл бұрын

You're welcome!

@victoriaoni 4 жыл бұрын

Straight to the point. No BS.

@KarenFoo 4 жыл бұрын

Thanks

@madubuikeijeoma2390 4 жыл бұрын

Your material is so easy to understand..thank you Karen

@KarenFoo 4 жыл бұрын

You're welcome

@LondonActorsNet 3 жыл бұрын

Thank you for the instant value. Much Love from London

@jeremiahlambert5825 2 жыл бұрын

You're a life saver dear.❤️❤️

@batmanbtch958 2 жыл бұрын

I love you. You made it so easy to understand ❤️❤️❤️❤️❤️

@salma-at-infusion Жыл бұрын

Thanks for taking time out to teach ..a great tutorial

@anelemaliwa6791 2 жыл бұрын

Karen you are the best teacher keep up the great work

@ualreadyknow078 3 жыл бұрын

Thank you even with your accent I understand you clearly and I have learned a lot from you

@amirmoezi8316 2 жыл бұрын

Thanks a million for your invaluable content.. it's just wonderful

@javadziaebrahimi9251 2 жыл бұрын

I learn a loootttttt in few minutes watching your videos thanks a lot for free and helpful contents. Thanks😍

@estherbutler8003 2 жыл бұрын

Thank you so much. I love the way you did the math....

@RajarshiRoy77 3 жыл бұрын

Very helpful explanation without any extra talks .

@yaldaboth1889 4 жыл бұрын

Thanks for the free lessons. You are helping people to improve their lives. Life will repay you tremendously.

@KarenFoo 4 жыл бұрын

You're welcome

@sissiefad6584 4 жыл бұрын

P.s thank you sooon much for your efforts, help and time

@traceymadida599 Жыл бұрын

I understand clearly now Thank you❤❤

@thedharsheena5103 4 жыл бұрын

Love your videos. Don't ever stop. There may be people who undermine your value. But trust me there's so many of us who do LOVE your trading tips + advice. with love from a new trader in malaysia :)

@KarenFoo 4 жыл бұрын

Thank you so much for your appreciation. Its comments like these that keep me going

@coreyrobinson9597 2 жыл бұрын

Thank you Karen!! ❤️ 😍 💖 ❣️ 💕 💘 ❤️ 😍 💖

@helena3090 2 жыл бұрын

You utilise the laws of nature and give so much. Worthy mentor. And funny. 😊 Thank you.

@wennie2939 Жыл бұрын

Thank you for sharing!

@DominiqueMickael Жыл бұрын

Thank you Karen !

@chichiziqubu7368 3 жыл бұрын

😳omg she explained everything soooo clear

@erioluwaodewole1379 3 жыл бұрын

Nice explanation! Much love

@Topicsbysaim 11 ай бұрын

your teaching style is very amazing, anyone can understand your lectures ,thanks for a good struggle so thanks

@franko1623 3 жыл бұрын

From Nigeria/Ghana Thanks You make it so easy and understanding...❤

@nahweravean8731 Жыл бұрын

Best teacher ever 💌

@bhanmalonzo166 5 жыл бұрын

I'm always watching your videos.. Maraming Salamat/Thank you so much Karen.. =)

@KarenFoo 5 жыл бұрын

You're welcome

@anitajanjua9038 4 жыл бұрын

This was an awesome video. I understood every single thing. thank you

@KarenFoo 4 жыл бұрын

Welcome

@fitness4now 3 жыл бұрын

Thank you for explaining the sums 💪

@belloswingsfx Жыл бұрын

I can't thank you enough this really help me although I already blow my account twice 😅 but I'm confident now that I won't just take trade without knowing the exact amount I'm loosing

@muniru4446 3 жыл бұрын

I'll come trade with you in person...when I make enough money💰...you got a clear out look

@oggy7796 5 жыл бұрын

Great video! I'm so glad that I found your channel

@KarenFoo 5 жыл бұрын

I'm glad you like it

@danielbocancea519 2 жыл бұрын

Thank you very much !

@nostalgic65 2 жыл бұрын

Thank you... appreciate your videos. Learning so much from you. Ignore the negative.

@shauntellrobinson5127 3 жыл бұрын

I liked this video. I'm here in the United States learning how to trade. My brother listens to you and says that he has learned a lot from you. I see why. You're teaching style resonates with me as well. I see you offer courses as well. I plan on getting your course soon to learn even more. Thank you for taking time out of your days to help everyone. Look forward to soaking up all your knowledge and becoming a consistently profitable trader. My goal is to make $1-2K per day trading.

@lordsick8527 2 жыл бұрын

I appreciate your videos I hope you make millions.

@KarenFoo 6 жыл бұрын

How do you normally do your calculation? P.s. sorry the calculation for EUR/USD should be 42.8 pips.

@sambhavjain1943 6 жыл бұрын

Manual

@KarenFoo 6 жыл бұрын

All the best

@johnathangrey3463 5 жыл бұрын

Unsure....

@glysssuppply2178 5 жыл бұрын

I'm not quite sure how to Set up my pips position to double my balance

@leftertiberiuvlad 5 жыл бұрын

Just wonderful, I've been looking for "popular forex" for a while now, and I think this has helped. You ever tried - Menabeth Pips Parapraxis - (do a search on google ) ? Ive heard some incredible things about it and my partner got cool success with it.