What is a floating P&L?

A floating P&L is also called unrealized, unrecorded, or undecided profit or loss. Unrealized P&L is also called a paper profit or loss because the actual gain or loss cannot be defined until the position is closed. When a trader opens a trade on day 1 and closes the trade on day 5 for $100 profit, this is called a realized profit.

What is Pnl Explained in investment banking?

In investment banking, PnL explained (also called P&L explain, P&L attribution or profit and loss explained) is an income statement with commentary that attributes or explains the daily fluctuation in the value of a portfolio of trades to the root causes of the changes.

What is a realized PNL?

Realized PnL is calculated using based on your closing price and entry price. Because the realized PnL refers to the profit or loss that originate from closed positions, it has no direct relation to the mark price, but only to the executed price of the orders.

What is a floating loss?

So you currently have a Floating Loss of $200 (200 pips x $1). It is a Floating Loss because you have NOT closed the trade yet. Usually, when a loss remains floating, you are hoping that the price will turn around. If EUR/USD rose above your original entry price to 1.16000, then you would now have a Floating Profit.