#TradersLeague Binance PnL (Profit and Loss) in spot trading:
> Binance spot trading allows users to buy and sell cryptocurrencies directly at market prices. The PnL (Profit and Loss) in spot trading shows how much you gain or lose from these trades. It is calculated as the difference between the buy price and the sell price, minus any trading fees. A positive PnL indicates profit, while a negative PnL indicates a loss. On Binance, you can track your spot PnL in the trade history or wallet overview. Careful analysis of PnL helps traders manage risk, plan better entries and exits, and improve overall trading strategies for consistent results.