Red ink is a term the refers to financial losses. It derives from the time ledgers were raised by hand and red ink pens were used to denominate losses and negative numbers.
Punter is a trader who wants to make a quick profit in the markets. One can say that it is just another term for the speculator.
Unrealized gain is a profit that only exists on paper and results from an investment. It is a position that is sold is going to bring profit. Gain becomes realized when position is sold.
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