P&L (Profit and Loss)
P&L (Profit and Loss) is the total financial gain or loss from a trade or set of trades. Net P&L subtracts commissions and fees from gross P&L. Realised P&L is from closed trades; unrealised P&L is from open positions.
Why it matters for traders
P&L is the ultimate measure of trading performance, but it is most useful when evaluated in context — as a percentage of account size, against the risk taken (R-multiple), and by setup or session.
How Tradapt tracks this
Tradapt tracks both gross and net P&L (after commissions) and breaks it down by instrument, setup, session, and time period. Use P&L in combination with R-multiple and profit factor for the most complete performance picture.
Track this free in TradaptFrequently asked questions
What is the difference between gross and net P&L?
Gross P&L is your total profit or loss before fees. Net P&L subtracts all trading costs (commissions, exchange fees, swap rates) from gross P&L. Net P&L is the real measure of how much money you made.