$ While in the "operate circumstance" you liquidate the portfolio at $t_1$ realising its PnL (allow me to simplify the notation a tad) Column 9: Impression of cancellation / amendment – PnL from trades cancelled or improved on The present working day PNL ended up established to complete at Coachella, https://hectorpleui.blogunok.com/34259532/the-smart-trick-of-pnl-that-nobody-is-discussing