I just saw that many in the community are asking what PNL really means. It's something you see all the time if you trade crypto, so let's clarify it once and for all.

PNL stands for Profit and Loss. It sounds complicated but it's simpler than it seems. There are two types you need to understand.

First is unrealized PNL. Imagine you bought ETH at 3,000 and now it's at 3,500. Technically, you have a gain of 500, but here’s the detail: that gain only exists on paper. You don’t actually have it in your wallet until you sell. It’s like having a profit that could disappear tomorrow if the price drops.

Next is realized PNL. That’s the one that really counts. When you sell at 3,500, it becomes real. Those are the 500 you actually earned and that are already in your account. The difference is crucial because many traders forget about this.

Now, what does PNL mean when we talk about the current day? It’s basically the sum of everything you’ve gained or lost today. If it’s in green, you’ve gained. If it’s in red, well, you’ve lost. It updates in real time so you can see it change while you trade.

The interesting part is that understanding your PNL helps you make better decisions. It’s not just about looking at numbers; it’s about understanding what’s happening with your strategy. Some people let losses run hoping they’ll recover, and others sell too quickly. Reading your PNL carefully gives you clarity.

Looking at the main pairs now, BTC is at 66.93K with a +0.08% change in the last hour. ETH is at 2.04K and up +0.37%. BNB is at 589.40 with +0.13%. Nothing extraordinary in the short term, but that’s what’s happening today.

The key is to learn to distinguish between what you gained on paper and what’s already secured. That changes the way you trade. Have you checked your PNL thoroughly this week, or are you waiting for the numbers to change on their own?