I'm trying to understand the trading platform ThinkorSwim, and I came across the term 'p/l'. I'm not sure what it stands for or represents in the context of the platform. Can someone explain what p/l means on ThinkorSwim?
6 answers
DondaejiDelightfulCharmingSmileJoy
Fri Dec 06 2024
P/L on ThinkorSwim refers to a crucial metric in trading.
Chiara
Fri Dec 06 2024
It stands for profit or loss, indicating the financial outcome of a trade.
MysticMoon
Thu Dec 05 2024
Understanding P/L is essential for traders to evaluate their performance.
noah_smith_researcher
Thu Dec 05 2024
ThinkorSwim, as a trading platform, provides real-time P/L data to help traders make informed decisions.
KatanaSharpness
Thu Dec 05 2024
Traders can monitor P/L to assess the success of their strategies and adjust accordingly.