If you have multiple long positions open and then place a sell order, does it close your longs or open a short?
First, the definition: On Binance USDⓈ-M futures, position mode applies to all USDⓈ-M trading pairs and cannot be changed while you have an open position or pending order.
The logic behind it: One-way mode is straightforward—each trading pair has just one net position, and buys and sells only increase or decrease that same position.
Quick glance: $BTC is quoted at 82499.7 (24h +1.2%).
Leverage magnifies your gains and losses, not the accuracy of your judgment. The higher the leverage, the less room you have for error.
First, the definition: On Binance USDⓈ-M futures, position mode applies to all USDⓈ-M trading pairs and cannot be changed while you have an open position or pending order.
The logic behind it: One-way mode is straightforward—each trading pair has just one net position, and buys and sells only increase or decrease that same position.
Quick glance: $BTC is quoted at 82499.7 (24h +1.2%).
Leverage magnifies your gains and losses, not the accuracy of your judgment. The higher the leverage, the less room you have for error.