ADVANCED: How To Cancel Out A Losing Trade with Binance Hedge Mode | HEDGE MODE BINANCE FUTURES

[@TeemaYaro]

Great tutorial! Clear explanations and examples on hedging a losing trade. Thanks for sharing your expertise!

[@Bitroko]

You are welcome

[@MuthuKumar-dw3wf]

Hi bro I used this strategy fist I take 50usdt margin buy and it went -20 usdt loss again I opened short with 100 margin and this also reversed now my losses is doubled what should I do please suggest

[@Bitroko]

your problem is that haven't understood hedging properly. did you close the long before opening short ?

[@MuthuKumar-dw3wf]

No I don’t closed long before opening shorts

[@makinmoney.]

My question is if I place both buy and sell using hedge mode, can my profit in either of the trade cover for my loss. If I place the trades with the same amount?

[@Bitroko]

If your entry point and the amounts for the same coins are the same . Your total profit will be zero