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It appears that a pip is a unit that is 1/100 of the currency. IE, 35 pips in dollars would 35 cents.

:confused: Does any one know anything about FXadvisors or other small currency trading outfits? This company is looking for traders to work from home as currency traders. It sounds a little fishy to me but I am looking into it anyways. Here are some of their conditions: 1. Traders...