LAB hit target & went below $5.25 Short was executed from $5.40 See previous post for Entry & TA proof TA clicked #LABUST lab:native #ethusd #xrp #bitcoin #btc

Recently, a friend asked me what pnl means. Actually, it's a very basic but extremely important trading concept that many beginners tend to overlook. Simply put, pnl is the abbreviation for profit and loss, and it is the most straightforward indicator of your earnings in trading. Whenever you make any trade on mainstream exchanges, the system will display your current pnl status in real time. This number can directly tell you whether you're making a profit or incurring a loss right now. How exactly should you understand it? A positive pnl means you're making money, with your trading gains exceeding your costs. Conversely, a negative pnl indicates you're losing money, and the money you've invested hasn't yielded the expected returns. There's a detail many people overlook: before closing a trade, pnl is in a floating state and doesn't represent your actual realized funds. Only when you close the position and sell does the floating pnl turn into actual profit or loss. Why should you pay attention to pnl? Essentially, it's for risk management and evaluating whether your trading strategy is effective. In the highly volatile cryptocurrency market, pnl is like a health report for your trading, helping you quickly assess whether your operations are reasonable. Especially in margin trading, pnl fluctuations are more intense, so constant monitoring is necessary. Checking pnl is also very simple; you can see it directly in spot wallets or margin accounts. However, be aware that due to the complexity of data processing, system calculations may sometimes have delays or deviations. Therefore, don't rely solely on that number; it's best to combine it with your actual trading records for judgment. For mainstream coins like BTC, ETH, XRP, tracking pnl is very clear. It's recommended that beginners frequently check their pnl data to gradually develop a feel for the market.