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Performance Metrics5

Net P&L

Net P&L is your bottom-line profit or loss after costs like commissions and fees. It is the real result, not the rosy figure before costs.

Metric insight
+$742Net P&LAfter $58 in commissions and spread

Gross P&L flatters you; net P&L is what actually reaches the account. Judge every strategy on the after-cost number, not the headline.

Common mistake

Reading gross, trading net

A strategy that looks profitable on gross numbers can quietly bleed out once commissions, spread and swap are subtracted — especially at high trade frequency.

Key takeaways
  • Net P&L subtracts every cost — the only honest scoreboard.
  • High-frequency styles are hit hardest by costs.
  • Compare strategies on net, never gross.

Glossary in this lesson

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Check your understanding

1.What does Net P&L include that gross P&L does not?

2.Why does trade frequency matter for Net P&L?

Apply this to your own trading

Look at your last 20 trades — roughly how much did costs alone subtract from your gross result?

 

Connected concepts

Educational content only — no advice, no signals, no certificates. Map.Trade does not provide financial advice.

Net P&L — Performance Metrics · Map.Trade