What is Unrealized P/L and Floating P/L? - BabyPips.com The position is now up 100 pips. Since you’re trading a mini lot, each pip is worth $1. So you currently have a Floating Profit of $100 (100 pips x $1). Realized P/L. A Realized Profit is profit that comes from a completed trade. Same thing with a loss. A Realized Loss is a loss that comes from a completed trade.