[quote=phil838;117439]
Quote:
Originally Posted by biztowns
The value of a pip has nothing to do with your leverage, biztown.
No offense, but if you don't know that then you shouldn't be trading live yet. You need to read through the Babypip's School and demo for a while longer. 
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biztown, phil838 is 100% correct. You could always try and learn using the eToro platform, that's how I learned, it's really good for that kinda stuff, also the Babypips website is full of educational material, just stop trading live before you lose all your money.