Short Position Profit
Example:
1 lot short position in EURUSD at 1.10230
Profit Scenario:
The price for EURUSD decreased by 20 pips to 1.10030.
| 1 lot |
Long Price |
Current Price |
| 100,000 |
1.10230 |
1.10030 |
There is an decrease by 20 pips or by 0.002 (in short position, a price decrease will result in a profit)
Profit = 100,000 x (0.002) = $200