CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Open P&L (Profit & Loss)

Open P&L (Profit & Loss)

What is an Open P&L?

An Open P&L (Profit & Loss) is a financial statement that forex traders receive summarizing all open positions that he has in terms of profits earned and losses incurred.

How does one use Open P&L?

Knowing when to open and close a position is the key to successful forex trading. By carefully examining the Open P&L, a trader can determine which markets are behaving in a bullish manner, and which are more bearish. In doing so, traders are better equipped to make informed decisions concerning short- and long-term trading strategies.

Links related to Open P&L
Bear Market
Bull Market
Close a Position
Open Position

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