What's the difference between one-way and hedge mode? Don't worry, your study buddy is here:
On Binance USDⓈ-M futures, the position mode applies uniformly to all USDⓈ-M trading pairs and cannot be changed while you have open positions or orders.
Hedge mode is often used in strategies that require holding both long and short positions at the same time, such as keeping a long position for the long term while using a short position to hedge against a short-term pullback.
Not understanding this earlier cost me enough in tuition to buy bubble tea for several months.
$BTC 77802.04（+0.68%）
On Binance USDⓈ-M futures, the position mode applies uniformly to all USDⓈ-M trading pairs and cannot be changed while you have open positions or orders.
Hedge mode is often used in strategies that require holding both long and short positions at the same time, such as keeping a long position for the long term while using a short position to hedge against a short-term pullback.
Not understanding this earlier cost me enough in tuition to buy bubble tea for several months.
$BTC 77802.04（+0.68%）