Let’s say U buy a lot on the 1st for 100rs
On 2nd it opens at 101 and closes at 105
Then 4rs/share is immediately added to ur acc, (diiff btwn hold price which is purchase price adjusted against closing price on 1st & closing price on 2nd)
In equity u have to wait until actual exit from position for realization of p/l
But not in futures
Now on 3rd it opens at 105, and closes at 95, then 10rs per lot deducted from ur acc
Now on 4th let’s say u sell at 108, then a total of 13ra/share is added to ur acc (diff btwn 95 & 108)
This is what it means
this continues until you exit the position completely