A boy named Timmy starts forex trading & learns about PIP.
He learned there is a unit called pip that is used to measure the smallest change in the value of the currency. A pip is like a point in a game, just like a basketball game. He won by the team with the most points. A forex trader is won by the trader who makes the most pips. Timmy now keeps track of his profit and losses in tips, and it make it much easier for him to know what he is in doing in forex trading. The end. Good night