What’s the difference between one-way mode and hedge mode? Many people can’t answer!
In hedge mode, holding long and short positions of the same size at the same time means the profit and loss from price movements largely offset each other, while trading fees still apply.
Hedge mode is often used by strategies that want to maintain positions in both directions at once, such as holding a long position for the long term while opening a short position in the short term to hedge against a pullback.
Limiting the loss on any single trade to a small percentage of your account is more important than finding the perfect entry point.
$BTC 83098.45 (+0.5%)
The above is compiled from publicly available information. The original text takes precedence.
In hedge mode, holding long and short positions of the same size at the same time means the profit and loss from price movements largely offset each other, while trading fees still apply.
Hedge mode is often used by strategies that want to maintain positions in both directions at once, such as holding a long position for the long term while opening a short position in the short term to hedge against a pullback.
Limiting the loss on any single trade to a small percentage of your account is more important than finding the perfect entry point.
$BTC 83098.45 (+0.5%)
The above is compiled from publicly available information. The original text takes precedence.