The process of determining profit and loss associated with trades executed on the Photon trading platform involves examining transaction records and utilizing available analytical tools. This calculation provides a clear understanding of the financial outcome of trading activities. For example, subtracting total expenses (trading fees, gas costs, etc.) from total revenue (sales of tokens) reveals the net profit or loss.
Accurate monitoring of trading performance is crucial for effective risk management and strategy refinement. Understanding the financial impact of each trade allows for informed decision-making regarding future investments and resource allocation. Analyzing past performance data enables traders to identify successful strategies and adjust those that underperform, leading to optimized profitability over time.
