Floating profit and loss is the unrealized gain or loss on positions that are still open, calculated continuously as the market price moves. It becomes "realized" — and gets added to your balance — only once the trade is closed.
Because floating P/L feeds directly into equity, a large floating loss can trigger a margin call even before you've locked in any actual loss by closing the trade.
Floating P/L (Unrealized Profit/Loss)
The unrealized gain or loss on open positions, which updates constantly with the market and only becomes final once the trade closes.
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