What is the purpose of BitMEX displaying two separate profit and loss numbers?

5 answers

• Scarlett RodriguezOct 22, 2022 · 3 years ago
  BitMEX displays two separate profit and loss numbers to provide traders with a more comprehensive view of their trading performance. The first number represents the realized profit and loss, which includes the profits or losses from closed positions. This number reflects the actual gains or losses that traders have made. The second number represents the unrealized profit and loss, which includes the profits or losses from open positions. This number shows the potential gains or losses that traders could make if they were to close their positions at the current market price. By showing both numbers, BitMEX allows traders to assess their overall performance and make informed decisions about their trades.
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• Dobson BirdFeb 05, 2024 · 2 years ago
  The purpose of BitMEX displaying two separate profit and loss numbers is to help traders understand their trading performance from different perspectives. The realized profit and loss number shows the actual gains or losses from closed positions, giving traders a clear picture of their past performance. On the other hand, the unrealized profit and loss number reflects the potential gains or losses from open positions, providing traders with insights into their current positions. By presenting both numbers, BitMEX enables traders to evaluate their overall profitability and make adjustments to their trading strategies accordingly.
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• Hagen GilbertFeb 13, 2024 · 2 years ago
  BitMEX, a leading cryptocurrency exchange, displays two separate profit and loss numbers to ensure transparency and accuracy in reporting trading performance. The realized profit and loss number represents the actual gains or losses realized from closed positions, giving traders a clear understanding of their past performance. The unrealized profit and loss number, on the other hand, shows the potential gains or losses from open positions, allowing traders to assess their current positions. This dual representation helps traders make informed decisions and manage their risk effectively. It is worth noting that other exchanges may also adopt similar practices to provide traders with a comprehensive view of their trading performance.
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• mohácsi gyulaApr 28, 2024 · 2 years ago
  The purpose of BitMEX displaying two separate profit and loss numbers is to provide traders with a more detailed analysis of their trading performance. The realized profit and loss number shows the actual gains or losses from closed positions, giving traders a clear indication of their historical performance. The unrealized profit and loss number, on the other hand, reflects the potential gains or losses from open positions, allowing traders to assess their current market exposure. By presenting both numbers, BitMEX aims to empower traders with the information they need to make informed decisions and optimize their trading strategies.
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• Marchelle MclellanFeb 27, 2023 · 3 years ago
  As a leading cryptocurrency exchange, BitMEX displays two separate profit and loss numbers to enhance transparency and provide traders with a comprehensive view of their trading performance. The realized profit and loss number represents the actual gains or losses from closed positions, allowing traders to evaluate their historical performance. The unrealized profit and loss number, on the other hand, shows the potential gains or losses from open positions, giving traders insights into their current market exposure. By presenting both numbers, BitMEX enables traders to assess their overall profitability and make informed decisions based on their trading goals and risk tolerance.
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