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Robots Glossary

Profit & Loss (P/L)

Profit & Loss - The financial result of trades. Profit is gained when a closed position has moved favorably; loss is when it moves unfavorably. P/L for a closed trade is calculated in the quote currency (e.g. USD for EUR/USD). A positive P/L adds to Balance; a negative P/L subtracts. Unrealized P/L on open trades appears in Equity. Over a backtest, cTrader reports total net profit, gross profit, and gross loss among other stats.