What is floating loss and floating profit?

What is floating loss and floating profit?

Floating loss refers to the loss seen on the book, that is, the cost is higher than the current market price. If the position is closed, it will become a real loss.

Floating profit refers to the profit seen on the book, that is, the cost is lower than the current market price, but because the currency held has not been sold, and no profit can be obtained from the market, it can only be called floating profit.