📊 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? 👇
