Which guides should we write next?
Our guides run from pip values to the carry trade and how floating exchange rates began. We want the next ones to answer questions members actually have.
Suggest a topic and, if you can, the specific question you couldn't find a clear answer to. "Something about options" is hard to act on; "how does an FX option's price change as expiry gets closer?" is easy.
We'll use this thread to choose what to write next.
Background: What is a pip? How to calculate pip value, with examples
A pip is the smallest standard price step in a currency pair. Here is how pips, pipettes and pip values work on EUR/USD, USD/JPY, crosses and gold.
How much is one pip worth on EUR/USD?
On a dollar account, $10 per pip for one standard lot (100,000 units), $1 for a mini lot and $0.10 for a micro lot.
What is a pipette?
A pipette is one tenth of a pip: the fifth decimal place on most pairs, or the third on yen pairs.
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An update: this week we're publishing a series of practical how-to guides, released one at a time on the news page. They cover trading the news, individual major pairs such as EUR/USD, GBP/USD and USD/JPY, position sizing, trade management and reviewing your trades.
Suggestions are still very welcome, especially for topics outside that series. The most useful requests are specific questions, for example:
- "How do I compare the real cost of two brokers' accounts on the trades I place?"
- "What happens to an open position over a bank holiday?"
- "How do regulators' leverage caps apply if I move country?"
If a guide already exists but didn't answer your question, tell us which one and what was missing. That's often the fastest improvement we can make.
Existing guides are ordered for beginners in Learn forex, and all of them are on the guides page.
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