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
Elizabeth Collins
Overall this was a strong lesson. The visuals used to explain What is Pip made the calculation so much easier to follow. Short, sharp and to the point.
Shirley James
Really enjoyed this lesson. The step-by-step breakdown of What is Tick was exactly what I needed. Short, sharp and to the point.
Grace Cruz
The lesson on How the Lots are defined used numbers I could actually work through myself, very helpful. Simple enough for a complete beginner like me.
Jonathan Jackson
This was a fantastic learning experience, the quizzes at the end of each lesson were straightforward and helped test my understanding. Will be coming back for more courses like this.
Hiroshi Evans
I finally feel like this topic clicked for me. Understanding What is Pip finally makes my trade sizing decisions make sense. The real-world examples really helped.
Jonathan Kelly
Excellent course, the length of each lesson was well structured, easy to fit into a busy schedule. A great starting point for anyone new to trading.
Fatima Nguyen
Well worth the time, the platform itself was smooth to use and the lessons were easy to digest. Will definitely take more courses on this platform.
Chloe Thomas
The explanation of How the Lots are defined using actual trade examples made the concept click instantly. I finally understand something I've been confused about for years.
Helen Peterson
Excellent course, the overall learning experience on Blackorigin was well explained. Great value for money.
Karen Lee
Frankly, this was better explained than I expected. I've always struggled with What is Pip, but this lesson explained it in plain English. The examples made it stick.

