🤔 Pips vs pipettes — the "my P/L looks wrong" thread

Most "my broker is cheating me" puzzles are this: pipettes. A pip on EURUSD is 0.0001; the fifth decimal (0.00001) is a pipette — a tenth of a pip. Your 7-pip stop shows as 70 "points" of movement. Nothing is wrong.

The second trap: JPY pairs quote at 2–3 decimals, so a pip is 0.01, not 0.0001. And on gold the convention is 1 pip = $0.10/oz = $10 per standard lot — a number worth memorizing before your first XAU trade.

Full reference: pip (glossary) · pipette · live math: pip-value table. Post any trade where the numbers confused you — screenshots with balances cropped, please.