Most of the Newbies in forex trading is asking; What is pip and spread?
For people who love challenges, forex trading can be one of hundreds activities that attracts their interest. Why so? Forex trading is not just a trading, it requires meticulous observation to the market where you buy and sell the currency, patience to wait for the right moment to make a move, and even a quick thinking to decide what you should do. When you have been accustomed to how the trading works, it is easier for you to get lots of profit. And to help you to be an expert like that, you can start it from the basic things about Forex which is pip and spread.You are not going to find the precise definition on pip and spread in a dictionary for they are special terms to use in Forex trading. But it does not necessarily mean that pip and spread are hard to understand. Just take your time and learn as much as you can from here.