1. One-way position, also known as net position mode, means that a digital asset contract trading pair can only hold a position in one direction (buy or sell). For example, if you hold multiple orders now, shorting directly will give priority to balancing the multiple orders already held. For example, Xiao C now holds a perpetual contract of 10 and wants to change his position to short 5, so Xiao C can directly short 15 to realize Xiao C's idea. In the one-way location mode, users can manage the location more conveniently.
2. Two-way position means that in the same digital asset contract transaction, you can hold positions in multiple directions at the same time, and the margin, leverage ratio and number of positions in the two directions do not affect each other, so the risks are hedged.
In the two-way position mode, if the user is bullish for a long time, but the market rises in waves, the user can hold multiple positions for a long time, and at the same time, he can make short-term operations in the opposite direction to obtain income. That is, to open short positions to obtain short-term gains without affecting long positions. The bidirectional position can also function as a locking position. If the user chooses the full position margin mode when opening a position, the floating profit and loss of the position and the available balance of the account will be shared by both bulls and bears. If the number of positions and leverage ratio are the same at this time, when one contract position loses money, the other contract position gains money, and the gains and losses of the two positions cancel each other out, and the user will never explode the position at this time.
How to choose one-way position or two-way position
CCFOX supports arbitrary switching between one-way position mode and two-way position mode, that is, users can switch position modes at will without holding positions, and transactions in different settlement currencies do not affect each other's position modes. For example, at this time, the position mode of small C's perpetual contract in USDT area is one-way position, and the position mode of BTC's monetary-based perpetual contract can be set to one-way position or two-way position.
Users can adopt corresponding position modes according to their trading strategies, choose different position modes at different time periods, or adopt different position modes for trading pairs with different settlement currencies.
For example, Xiao C's current strategy is long-term trading. He can choose to open a position in two directions, and make short-term profits by opening a reverse order while holding a long-term order. As the market changes, Xiao C's strategy may be changed to short-term trading, so Xiao C can change the position mode to one-way position in the state of no position, and manage the position most efficiently.
For another example, Xiao C wants to use the two-way position mode for the contract transaction based on usdt, and is also doing the contract transaction based on BTC, but wants the contract based on currency to be a one-way position, so Xiao C can trade happily after setting the contract based on USDT as a two-way position and the contract based on BTC as a one-way position.