Why Review P&L?
Many traders only watch current floating P&L without reviewing overall performance. P&L analysis helps you understand whether you're profitable, find patterns, and optimize strategies.
Download the Binance app for built-in P&L analysis.
Where to Find It
App: Funds/Wallet page > P&L Analysis or Order History. Web: Orders > Trade History or P&L Analysis. Futures: Futures page > P&L Analysis or Trading Data.
What's Included
Total P&L, realized and unrealized P&L, per-token breakdown, trade count/win rate/average profit-loss, fee totals.
How to Analyze
Overall direction: Are you making or losing money? If losing, your strategy needs adjustment.
Win rate + P&L ratio: High win rate + high ratio = great. High win rate + low ratio = you might be holding losers too long. Low win rate + high ratio = trend following (acceptable). Low win rate + low ratio = serious problem.
Per-token analysis: Find tokens you trade well and those you don't.
Fee awareness: If trading frequently, check if fees eat more than 20% of profits.
Improving Performance
Keep a trading journal. Do weekly 30-minute reviews. Set specific improvement targets. Control emotional trading by identifying problematic time periods.