APOLLOBOT AI TRADING TERMINOLOGIES
1. Realized PnL (Profit and Loss):
- This represents the actual profit or loss on a trade that has been closed. It reflects the gains or losses once you have sold an asset and locked in the profit or loss.
2. Floating PnL:
- This is the unrealized profit or loss on open positions. It reflects the potential profit or loss if you were to close the trade at the current market price.
3. Floating Rate:
- In the context of trading, this could refer to an interest rate that is not fixed but can change based on market conditions.
4. Average Price:
- The average price at which an asset was bought or sold, calculated by dividing the total cost or revenue by the quantity of units.
5. Latest Price:
- The most recent market price of an asset.
6. Positions Quantity:
- The total number of units or contracts of a particular asset that you currently hold in your trading account.
7. Positions Valuation:
- The current market value of all open positions.
8. Max Orders:
- The maximum number of orders that can be placed within a specified time frame or under certain conditions.
9. Running Mode:
- The current status or condition of a trading system, strategy, or algorithm.
10. Initial Position:
- The starting position in a particular asset before any additional trades or adjustments are made.
11. Margin Method:
- The approach or calculation method used to determine the margin requirements for a trading account.
12. T/P Mode (Take Profit Mode):
- A trading mode or strategy that involves automatically selling an asset when a predefined profit target is reached.
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💪💪💰💰: You simply create an account on the app or website using the link or referral id below and connect the bot to your Exchange (*Binance, Bybit or OKX*) account and the #bot starts trading for you Automatically.
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