Glossary
PnL (profit and loss)
Also written or said as: p&l, profit and loss, unrealized, realized, pnl card
How much you made or lost.
Realized PnL is locked in by selling; unrealized PnL is what your open bags are worth right now compared with what you paid. Count fees, slippage and failed transactions, or your PnL will look better than your wallet. People post PnL cards of their wins and almost never of the losses before them.
Learn it properly inStop-losses and trailing stopsThe trading playbook · 4 min readRelated words
This guide is for learning. It is not financial advice. Most memecoins go to zero and most people who trade them lose money. Only ever trade what you can afford to lose.