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PnL: The number that defines whether you are a trader or just a player 🎲

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We all talk about profits, but do you really know how much you are earning or losing? That is the PnL (Profit and Loss).

The uncomfortable truth: Many traders see the price rise, feel like winners… and have no idea of their actual PnL. It's like playing poker without counting the chips.

Why should it matter to you?

Your PnL is the mirror of your strategy. If you ignore it, you are trading blind. You need to know:

  • How much did I really earn in this trade after commissions?
  • Does my strategy work or did I just get lucky?
  • Should I adjust my risk management?

The secret that separates amateurs from pros: It's not about being right all the time. It's about having your winning trades outweigh your losses. The difference lies in discipline and risk management, not luck.

Practical advice: Reviewing your monthly PnL is as important as checking your salary. If you don't do it, how do you know if you're really making a profit?

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