To short is to buy that currency pair. When the market falls, you make a profit, otherwise you lose money. In the foreign exchange and futures markets, even if there is no commodity, you can make a profit by selling it. Trading orders that sell goods short are called empty orders.
There is also a kind of selling and slag, which is a name of Hong Kong. It is an old saying that selling means shorting. Slag means doing more. Therefore, there is a saying called high throwing and low sucking, that is, shorting on rallies and doing more on dips.
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Basic knowledge of foreign exchange account opening
1, the English symbol of major currencies
Dollar euro yen pound
Australian dollar, Canadian dollar, New Zealand dollar and Swiss franc
2. The smallest unit of exchange rate change.
Generally, the exchange rate is expressed by 5 digits, and the last digit changes by 1, which is the smallest exchange rate change, called 1 point.
The difference between the buying price and the selling price is called the price difference.
3. Trade contracts
Internationally, "k" is used as $ 1000.
"Thousands of dollars" represents the total amount of funds in the transaction contract.
For example, the contract account of 100K is 100 "thousands of dollars", that is, the account of10 million dollars.
This 100K account is also called "standard account".
There is also a 10K contract account, which is 10 "thousand yuan", which is 100000000 yuan account.
This 10K account is also called a "mini" account, a mini account.
Another "professional account" is $250,000, which means that the amount of funds is $250,000.
Some companies also set up some "intermediate" accounts, such as 50K accounts. In other words, he is between the standard and your account.
Baidu encyclopedia-basic knowledge of foreign exchange