When to start using Hedge Mode?
My view on hedging is it can be useful when we use it wisely. My habit is whenever i feel that my position is “hyperbolically” gains, i’ll open a position in the opposite directions with relatively small than my main position.
The reason is i’m always aware for a reasonable traceback after a pump, and when I know that my main position is still has pretty big probabilities of gaining but also would be normal if there’s a traceback, i want to use that traceback momentum to get a little money.
In this picture my main position is $1000SATS and i’m shorting (scalp) $FET since FET was up ~10% and I see some probability of FET’s correction.
However, always look how $BTC behave, and trade with your own conviction.