Albert RobertsonBearishWhat an Open Position Really Means for Your Live Risk
You place a trade and it fills. For as long as it stays open, you are exposed to the market: every price tick changes your potential profit or loss, whether you are watching the screen or not. That is what an open position is, a trade that is still active and exposed to market movements, the opposite of a trade that has been realised, or closed. This guide explains what an open position is, how floating P&L is calculated, and why it means real, live risk.