Michael Haraeb / Publications

Pips vs Points in MetaTrader

Hi Guys! Name is Michael. I am from Namibia, somewhere in Africa but im currently in Brazil. In Metatrader 5 the thing that confuses me is about the Points and Pips. I understand that: 10 points = 1 Pip 100 Points = 10 Pips and so on, but once the trade moves it multiplies the money with Points and