Ep 85: Open P&L (Profit And Loss) - What is it and why do you need it?

When trading, you will see the term "Open P&L", which means "Open Profit and Loss" But what exactly does this mean? And should you pay attention to it? Why do you need it? Listen to this episode and find out.
When trading, you will see the term "Open P&L", which means "Open Profit and Loss" But what exactly does this mean? And should you pay attention to it? Why do you need it? Listen to this episode and find out.

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Trading Futures, options on futures and retail off-exchange foreign currency transactions involves substantial risk of loss and is not suitable for all
investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources.
You may lose all or more of your initial investment. The lower the day trade margin, the higher the leverage and riskier the trade. Leverage can
work for you as well as against you; it magnifies gains as well as losses. Past performance is not necessarily indicative of future results.

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