Beginning FOREX – How Are Lots Traded & What The Heck Is A Pip? If you are new to Forex, no doubt you are confused by all of the strange and unfamiliar terminology. For example, what is a pip? Also, you are probably already aware that Forex trading can be risky. How can you limit your loss and best protect your funds? This article briefly covers how currency lots are traded... http://smartmeta4.com/