What is unrealized P&L?Unrealized P&L
The on-paper profit or loss at today's price on shares you haven't sold yet; it moves as the price moves.
Learn “unrealized P&L” in an animated lesson
- CFDsMargin Level: Equity ÷ Used Margin
Margin level tells you how far your account is from the danger line. As soon as positions show an unrealized loss, equity falls and the margin level drops with it.
- Stock BasicsAdding to a Position and Average Cost
If you buy in several rounds at different prices, what did you really pay? Your average cost decides when you break even.
- Stock BasicsUnrealized Gains and Losses
While you hold a stock, your P&L moves every time the price moves. Until you sell, it's only a number on paper.
- Stock BasicsPractice: One Complete Trade
Put it all together: watch the market, buy, hold, sell, and see how much you end up making.
- Stock BasicsWhat Is Selling?
Selling means turning the shares you hold back into cash. In a regular account you can only sell shares you already own.
- Stock Trading: Next StepsGoing Long vs. Going Short
Step by step: borrow shares → sell → buy back → return. See how shorting profits from a fall, and why it's riskier.
Related terms
See how “unrealized P&L” works for yourself with an animation you can drag and play.
Go to “Margin Level: Equity ÷ Used Margin”