What's the difference between unrealized and realized P&L? Don't worry, here's the class rep with the answer:
Unrealized P&L is the profit or loss on open positions, calculated using the current mark price. As the market moves, your unrealized P&L changes along with it.
In cross margin mode, unrealized profits are added to your margin balance, helping absorb volatility in other positions. If the market gives back its gains, that cushion shrinks too.
There's no homework for this lesson, but the market could spring a pop quiz at any time.
$BTC 77622 (-4.69%)
Unrealized P&L is the profit or loss on open positions, calculated using the current mark price. As the market moves, your unrealized P&L changes along with it.
In cross margin mode, unrealized profits are added to your margin balance, helping absorb volatility in other positions. If the market gives back its gains, that cushion shrinks too.
There's no homework for this lesson, but the market could spring a pop quiz at any time.
$BTC 77622 (-4.69%)