Why does BitMEX provide me with two profit and loss figures?

7 answers

• Nov 28, 2021 · 3 years ago
  BitMEX provides two profit and loss figures to give traders a more comprehensive view of their trading performance. The first figure is the Unrealized PNL, which represents the profit or loss on open positions. It shows the potential profit or loss if the positions were closed at the current market price. The second figure is the Realized PNL, which represents the actual profit or loss from closed positions. It takes into account the entry and exit prices of the trades. By providing both figures, BitMEX allows traders to assess their overall performance and make informed decisions.
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• Nov 28, 2021 · 3 years ago
  The reason BitMEX provides two profit and loss figures is to help traders understand their trading performance in different scenarios. The Unrealized PNL reflects the potential profit or loss if the positions were closed at the current market price, while the Realized PNL represents the actual profit or loss from closed positions. This distinction is important because it allows traders to evaluate the impact of market fluctuations on their open positions and assess the profitability of their closed trades. By providing both figures, BitMEX aims to provide traders with a more comprehensive picture of their trading activities.
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• Nov 28, 2021 · 3 years ago
  BitMEX, like many other cryptocurrency exchanges, provides two profit and loss figures to give traders a better understanding of their trading performance. The Unrealized PNL shows the potential profit or loss on open positions, while the Realized PNL represents the actual profit or loss from closed positions. This distinction is important because it helps traders differentiate between paper gains/losses and actual gains/losses. By providing both figures, BitMEX enables traders to assess their trading strategies and make informed decisions based on their overall performance.
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• Nov 28, 2021 · 3 years ago
  When it comes to profit and loss figures, BitMEX takes a comprehensive approach by providing two different metrics. The Unrealized PNL reflects the potential profit or loss on open positions, giving traders an idea of their current market exposure. On the other hand, the Realized PNL represents the actual profit or loss from closed positions, providing a more accurate assessment of past trades. By offering both figures, BitMEX allows traders to evaluate their performance from different angles and make adjustments to their strategies accordingly.
  551111
• Nov 28, 2021 · 3 years ago
  BitMEX's decision to provide two profit and loss figures is aimed at giving traders a more complete understanding of their trading performance. The Unrealized PNL shows the potential profit or loss on open positions, allowing traders to gauge the impact of market fluctuations. The Realized PNL, on the other hand, provides a clear picture of the actual profit or loss from closed positions. By offering both figures, BitMEX empowers traders to analyze their trading activities from different perspectives and make informed decisions based on their overall performance.
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• Nov 28, 2021 · 3 years ago
  As a leading cryptocurrency exchange, BitMEX understands the importance of transparency and providing traders with accurate information. That's why they provide two profit and loss figures. The Unrealized PNL represents the potential profit or loss on open positions, while the Realized PNL reflects the actual profit or loss from closed positions. By offering both figures, BitMEX aims to give traders a comprehensive view of their trading performance and help them make informed decisions.
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• Nov 28, 2021 · 3 years ago
  BitMEX, a popular cryptocurrency exchange, provides two profit and loss figures to give traders a more detailed understanding of their trading performance. The Unrealized PNL shows the potential profit or loss on open positions, allowing traders to assess the impact of market movements. The Realized PNL, on the other hand, represents the actual profit or loss from closed positions, providing a more accurate measure of trading success. By providing both figures, BitMEX enables traders to evaluate their strategies and make informed decisions based on their overall performance.
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