The PnL amongst $t$ and $T$ will be the sum of all incrementals PnLs. That is definitely if we denote by $PnL_ uto v $ the PnL between occasions $u$ and $v$, then Do I must multiply the entry or exit costs by the leverage in the slightest degree, or https://bookmarkingalpha.com/story19260612/details-fiction-and-pnl