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Anonymous
Hi Seedly community, new investor here. Just bought my first stock yesterday! Wondering if there's a difference between the two terms? Thank you very much!
Profit/Loss (P/L) Open: P/L Open is the amount of money made or lost on your position since the inception of the trade.
Unrealised Profit & Loss (P&L) is the current profit or loss on an open position. The unrealised P&L is a reflection of what profit or loss could be realised if the position were closed at that time.
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Billy
09 Jan 2021
Development & Acquisitions Manager at Real Estate Private Equity
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Hi there! Kudos on getting invested during this exciting period!
Theoratically-wise, it means the same.
However, different platforms uses different terminologies. Some shows P/L Day - which as the name suggests shows the P/L for the day. Some P/L may refer to the entire portfolio, some may only refer to individual stocks.
Thus it really depends on individual brokers and what are the values that accompany these terms to identify the context these terms are being used.