#PnL = Profit and Loss đž
In trading, PnL tells you how much money you made or lost.
đ Positive PnL = Youâre in profit â
đ Negative PnL = Youâre at a loss â
đ Example:
Bought at $100 â Sold at $120 = + $20 PnL
Bought at $100 â Sold at $80 = â $20 PnL
Always track your PnL to know if your strategy works! đ
#TradingTypes101 #PnL #CryptoTrading #Forex #StockMarket #ProfitAndLoss #TraderTips