Whether you’re in traditional finance or crypto trading, you’ll often see the term PNL. It stands for Profit and Loss, and it’s the simplest yet most powerful measure of performance. But while the concept sounds straightforward, there are nuances—realized vs unrealized PNL, positive vs negative PNL, and even how it’s displayed on trading platforms—that every trader should understand.
9/10/2025, 3:33:19 AM