What is the difference between Running P&L and Booked P&L?

Modified on Wed, 18 Feb at 9:41 PM

Running P&L: This is your current "live" profit or loss for positions that are still open. It fluctuates with every market tick.
Booked P&L: This is the profit or loss you have already locked in by closing a trade. Once a trade is finished, its result moves from "Running" to "Booked."