Definition of Unrealized P&L
See **Floating Profit/Loss**. The gain or loss on open positions that has not yet been locked in by closing the trade.
At a glance
Term
Unrealized P&L
URL slug
unrealized-p-l
Category
General
Short answer
See **Floating Profit/Loss**.
Deep dives
Full A–Z glossary
Example
Apply the definition: restate “Unrealized P&L” in one sentence tied to your next trade (symbol, direction, size, stop). If you cannot, re-read the definition above.
Common mistake
Common mistake: using “Unrealized P&L” as loose slang while your broker/platform specification defines it more narrowly.
Professional tip
Tip: bookmark this “Unrealized P&L” page and reopen it when reading broker specs so definitions stay consistent.
Practice tools:
Related terms
FAQ
See **Floating Profit/Loss**.
Knowing the precise definition of “Unrealized P&L” prevents platform and broker-spec mistakes—a common source of size and cost errors.
Common mistake: using “Unrealized P&L” as loose slang while your broker/platform specification defines it more narrowly.