📊 What is PNL? – in simple terms

Hello!

I continue to get acquainted with Binance – today I noticed PNL for the first time.

💡 It turned out to be a very important thing:

PNL (Profit and Loss) – is an indicator of how much I have earned or lost.

🔹 If the price has risen after I opened a position – PNL will be positive.

🔸 If it has fallen – PNL will show a negative.

For example:

I bought a token for $10, and it is now worth $11 – PNL shows +10%

If it fell to $9 – PNL will become -10%

It's convenient that Binance calculates everything automatically.

Now I check my PNL every day – it's like a mini-report on my trading 😅

Do you often look at your PNL? Is it in + or - for you? 👇

#Binance #PLN #НовичокВКрипте #WriteT2Earn #BinanceSquare

$BTC $GUN