Point
The platform's smallest quoted price increment. A 3-decimal gold quote commonly has a 0.001 point.
Position size is derived from the broker's tick specification—not from an assumed pip value. The same stop is translated into price distance, points, pips and ticks so the terminology becomes observable rather than confusing.
Risk budget ÷ total loss per lot.
Volume is always rounded down to the broker's permitted step.
Presets are educational starting points. Confirm every value in the symbol specification window of the broker platform before relying on the result.
The platform's smallest quoted price increment. A 3-decimal gold quote commonly has a 0.001 point.
The minimum price movement used with the broker's monetary tick value. Tick size may differ from point size.
A market-language convention, not a universal contract rule. Its size is editable here and never used to determine monetary risk.
The absolute difference between entry and stop. This is the neutral measurement from which all translations begin.