#CreatorAward On Binance, "7D PNL" refers to the net profit or loss (Profit and Loss) over a period of 7 days.
*What does PNL mean?*
- PNL is a measure that shows the total profit or loss of a position or portfolio over a specified period.
- It is calculated by subtracting the initial value from the current value of the position or portfolio.
*What does 7D PNL mean on Binance?*
- On Binance, the 7D PNL shows the net profit or loss of a position or portfolio over the last 7 days.
- This allows you to assess the performance of your investments over a specific time frame.
*Example*
- If the 7D PNL is positive, it means you have made gains in the last 7 days.
- If the 7D PNL is negative, it means you have incurred losses in the last 7 days.
*Important*
- PNL is an important measure for evaluating the performance of your investments and making informed decisions.
- You can use PNL to adjust your investment strategies and minimize your losses.