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
Donna Roberts
Coming from a non-finance background, this was easy to follow. I now understand exactly how this affects my position sizing after covering How the Lots are defined. Wish I had found this sooner.
Mei Scott
The step-by-step breakdown of What is Pip was exactly what I needed. Wish I had found this sooner.
Kenneth Walker
I finally feel like this topic clicked for me. Understanding What is Pip finally makes my trade sizing decisions make sense. The examples made it stick.
Kathleen Price
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. This gave me the confidence to start applying it.
Laura Chavez
Surprisingly, this turned out to be my favourite part of the course. The lesson on How the Lots are defined used numbers I could actually work through myself, very helpful. Short, sharp and to the point.
Pamela Cruz
Solid course, the mix of theory and practical examples was well structured.
Sandra Reyes
Great course overall, the quizzes at the end of each lesson were practical and helped test my understanding. Certificate at the end was a nice touch.
Ronald Diaz
As someone new to trading, this was a great starting point. This is the clearest explanation of What is Tick I have come across anywhere. I replayed a couple of sections just to be sure I got it right.
Samuel Bennett
Overall this was a strong lesson. I've always struggled with How the Lots are defined, but this lesson explained it in plain English. I feel more confident trading now.
Nicholas Brown
Really enjoyed this course, found the video lessons engaging and much better than reading a textbook. Well worth fitting into my evening schedule.
