If I have a long position and place a sell order, will it close the position or open a short?
Hedge mode is often used in strategies that aim to hold both long and short positions at the same time, such as holding a long position for the long term while using a short position to hedge against short-term pullbacks.
In hedge mode, you can hold both long and short positions in the same trading pair, and you must specify the direction separately when opening or closing a position.
The old me: Jump in first, figure it out later. The new me: Read the instructions first.
When you see claims of stable, high returns, be extra skeptical.
$BTC 65391.41 (-4.9%)
Hedge mode is often used in strategies that aim to hold both long and short positions at the same time, such as holding a long position for the long term while using a short position to hedge against short-term pullbacks.
In hedge mode, you can hold both long and short positions in the same trading pair, and you must specify the direction separately when opening or closing a position.
The old me: Jump in first, figure it out later. The new me: Read the instructions first.
When you see claims of stable, high returns, be extra skeptical.
$BTC 65391.41 (-4.9%)