If you already have a long position and place a sell order, will it close your position or open a short?
It’s worth understanding the difference between one-way and hedge mode.
Hedge mode is often used for strategies that need to hold long and short positions at the same time—for example, holding a long position for the long term while opening a short position in the short term to hedge against a pullback.
Don’t rush into anything just because everyone else is doing it.
Finally, here’s the market update: $BTC , current price 82960.64 (24h +0.46%).
#BTC
This is just a market note. Make your own trading decisions.
It’s worth understanding the difference between one-way and hedge mode.
Hedge mode is often used for strategies that need to hold long and short positions at the same time—for example, holding a long position for the long term while opening a short position in the short term to hedge against a pullback.
Don’t rush into anything just because everyone else is doing it.
Finally, here’s the market update: $BTC , current price 82960.64 (24h +0.46%).
#BTC
This is just a market note. Make your own trading decisions.