We are excited to announce the introduction of Hedge Mode on BTSE! This feature revolutionizes the way traders approach the market, by enabling the simultaneous holding of opposing positions within the same contract.
Understanding Hedge Mode
Hedge Mode is a trading strategy widely embraced by Futures traders to balance their market exposure. It’s designed to open dual positions – a long and a short – in the same contract. This approach is not just about maximizing profits; it’s about strategically minimizing potential losses regardless of market direction.
One-Way Mode vs. Hedge Mode: What Sets Them Apart?
1. One-Way Mode: Traditionally, One-Way Mode restricts you to a singular directional position under a contract. You can either go long or short, but not both.
2. Hedge Mode: Hedge Mode, on the other hand, is about flexibility and foresight. Imagine you’re short on a contract, predicting a price drop in the long run. But what if you also see a short-term opportunity to go long? Hedge Mode enables this dual strategy, allowing you to hold both long and short positions on the same contract, like BTC-PERP, simultaneously.
How to Switch Between One-Way and Hedge Modes
Switching between modes is a breeze:
1. Access the futures trading interface by hovering over the [Trade] tab and selecting [Futures] from the top navigation bar.
2. Click the settings icon in the top right corner and go to [Trading Settings] – [Position Mode].
3. Choose your preferred mode – [One-Way Mode] or [Hedge Mode] – and hit [Confirm].
Note:
- Ensure you don’t have open positions or orders before adjusting your Position Mode.
- The position mode is independent in each market, meaning you can turn on Hedge Mode in the BTC-PERP market while having One-Way Mode enabled in another.
Our aim is to create a platform that offers users the most enjoyable trading experience. If you have any feedback, please reach out to us at feedback@btse.com or on X @BTSE_Official.
Note: BTSE Blog contents are intended solely to provide varying insights and perspectives. Unless otherwise noted, they do not represent the views of BTSE and should in no way be treated as investment advice. Markets are volatile, and trading brings rewards and risks. Trade with caution.
