What is Position Mode?
Position Mode is a feature that sets whether you can hold both long and short positions simultaneously in a futures trade.
It is a very important factor that determines how a trader will enter and hold positions in the market.
1. One-way Mode
This mode allows you to hold positions in only one direction.
• If you have a long position and enter a new short position, the existing long position will be partially closed or reversed. The same applies in the opposite case.
💡 Example of using one-way mode
Holding a long position of 1 BTC → entering a short position of 1 BTC → offset to position 0
2. Hedge Mode
This mode allows you to hold both long and short positions simultaneously.
• You can manage positions in both directions independently for one pair.
💡 Example of using Hedge Mode
You are holding a long position of 1 BTC → you enter a short position of 1 BTC → you have 1 BTC long + 1 BTC short (each will be kept separate)
⚠️ Please be aware that you cannot switch your position mode if you have any open orders or positions.
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