Measurement Units in Financial Markets
Every trader needs a shared language for talking about price movement, and this course delivers exactly that. Across three focused lessons, learners master the essential measurement units used across financial markets — pips in forex, ticks in commodities and indexes, and lots as the standard unit of trade size — building the vocabulary and calculation skills needed to size positions and manage risk with confidence.
Course curriculum
What is Pip ?
What is Pip ? (Article)
What is Pip ? (Quiz)
Requirements
Prerequisite Course: "Different types of Financial Markets"
Outcomes
Pip unit in Forex market
Tick unit is Stocks, Index and Commodity market,
Standard, mini, and micro lot sizes
Student Reviews
50 Reviews
Student Reviews
Noah Edwards
I now understand exactly how this affects my position sizing after covering What is Pip. The pacing was just right for me.
Diego Martinez
As a beginner, I found this really approachable. The lesson on What is Pip used numbers I could actually work through myself, very helpful. I've bookmarked this to revisit later.
Grace Torres
I finally feel like this topic clicked for me. The lesson on What is Tick used numbers I could actually work through myself, very helpful. I feel more confident trading now.
Cynthia King
I now understand exactly how this affects my position sizing after covering What is Pip. The quizzes helped reinforce the concept.
Scott Ramos
Really enjoyed this lesson. Understanding What is Pip finally makes my trade sizing decisions make sense. Simple enough for a complete beginner like me.
Ryan Gray
Overall this was a strong lesson. The lesson on What is Pip used numbers I could actually work through myself, very helpful. This cleared up a lot of confusion I had.
Liam Ross
This exceeded my expectations, found the material easy to follow, exactly what I needed at this stage. Well worth fitting into my evening schedule.
James James
The explanation of What is Tick using actual trade examples made the concept click instantly. The examples made it stick.
Brian Stewart
Really enjoyed this lesson. This is the clearest explanation of What is Tick I have come across anywhere. This gave me the confidence to start applying it.
Ethan Baker
Honestly, this was one of the better lessons in the course. The visuals used to explain What is Pip made the calculation so much easier to follow. Short, sharp and to the point.

