For some intraday short trades, I simply put BUY as BUY and SELL as SELL but consider loss as profit.
First question- Is it the right approach? Because the calculator approaches a LONG trade by default and not a SHORT one.
Why did I get different results with the same turnover and overall costs? (Images below)
No, that’s now how it works. See, when you square-off your short position that is going to have Buy value (the price at which you closed your trade at), So if you enter Buy value in Sell box even if your Short position was in profit it will show in loss. So you will have to enter Buy value in Buy box and Sell value in Sell box.
Play around the calculator for a while, you will understand.