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PnL
PnL means profit and loss. It describes how much money a trading position or account has gained or lost. PnL may be unrealized while a position remains open or realized when profit or loss is locked in according to the platform's accounting rules.
Why it matters to you
A position being up 10% on the underlying asset does not necessarily mean the trader's account is up 10%. Position size, leverage, fees, funding and the amount of capital used all affect how the trade ultimately impacts the account.
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