If you already have multiple long positions and place a sell order, does it close your longs or open a short?
In hedge mode, holding long and short positions of the same size at the same time largely offsets gains and losses caused by price movements, but you still have to pay trading fees.
In hedge mode, to close a long position, you need to select “Close Long.” If you accidentally select “Open Short,” you’ll open a new short position, and your original long position will remain open.
The coin mentioned in the discussion: $BTC is at 83024.01, up 0.44% over 24 hours.
Did you know this before?
#BTC
Views are for discussion only. Trade at your own risk.
In hedge mode, holding long and short positions of the same size at the same time largely offsets gains and losses caused by price movements, but you still have to pay trading fees.
In hedge mode, to close a long position, you need to select “Close Long.” If you accidentally select “Open Short,” you’ll open a new short position, and your original long position will remain open.
The coin mentioned in the discussion: $BTC is at 83024.01, up 0.44% over 24 hours.
Did you know this before?
#BTC
Views are for discussion only. Trade at your own risk.