Trade pips are counted from open and closed positions and are a sum of all your pips for that current level. You can accumulate pips in one or as many trades as you like.

**Example 1:** If you close 10 trades, each with a profit of 1 pip, you are 10 pips closer to completing the level.

**Example 2:** If you close 1 trade with a 10-pip loss, you will have 10 pips less to risk, and you will be 10 pips closer to failing the level.

**Example 3:** If you close 1 trade with a 10-pip profit, you will have 10 pips more to risk, and you will be 10 pips closer to passing the level.

**Example 4:** If you have two trades—one with a 15-pip profit and another with a 5-pip loss—the net result is a gain of 10 pips. This means you are 10 pips closer to completing the level.

The pips from all open and closed trades are summed up, so even if some trades are losses, your overall progress depends on the net pips accumulated at that level.