Short

When you open a Short position on EasyX, you are simulating the process of borrowing an asset and selling it at the current price, also known as the Entry Price. By doing this, you are essentially betting on the value of the asset decreasing.

When you decide to close the Short position, you simulate the buy-back of the same quantity of the traded asset, but at a new price known as the Mark Price. The purpose of this buy-back is to return the borrowed asset to the lender.

If the Mark Price is lower than the Entry Price at which you initially sold the asset, you will make a profit. This means you are buying it back for a lower price than what you initially sold it for, resulting in a positive difference: your profit.

Short positions are profitable when the Mark Price of the asset is lesser than the Entry Price.