Hedge Mode allows traders to hold both a Long and a Short position simultaneously for the same contract. Both the Long and Short positions are treated as completely separate entries, each with its own distinct entry price, PnL, and margin requirements, allowing traders to control their net exposure efficiently.
This is different from One-Way mode, where only one position can be held per contract and orders net each other out.
Note: Users are set to One-Way mode by default. Follow the steps here to navigate to your settings and enable Hedge Mode.