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What is realised PNL in KuCoin and how does it affect my cryptocurrency trading?

avatarGustavoDec 25, 2021 · 3 years ago1 answers

Can you explain what realised PNL is in KuCoin and how it can impact my cryptocurrency trading?

What is realised PNL in KuCoin and how does it affect my cryptocurrency trading?

1 answers

  • avatarDec 25, 2021 · 3 years ago
    As an expert in the field of cryptocurrency trading, I can tell you that realised PNL is a key factor to consider when evaluating your trading performance. It provides a clear picture of your actual profits or losses, taking into account the market conditions and the timing of your trades. By keeping track of your realised PNL in KuCoin, you can identify patterns and trends in your trading activity, which can help you make more informed decisions in the future. Remember, the goal is to maximize your realised PNL and minimize your losses, so it's important to regularly analyze and adjust your trading strategy based on your realised PNL results.