Cryptocurrency contract hedging and closing methods: Reverse position opening: establish the same number of contracts in the opposite direction to the original position, for example, a long position is established as a short position. Close position and take profit/stop loss: Set a price target or loss limit, and automatically close the position when the conditions are met.
How to close a position in currency circle contract hedging
Cryptocurrency contract hedging is a risk management strategy that hedges risks by establishing long and short positions. Closing a position refers to closing a contract position and completing a contract transaction.
Close position methods
There are two main methods to close a contract:
Closing steps (reverse position building method)
Notes on closing positions
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