What does it mean to have a "hedge" next to the futures order?
Hedging, this is spot business. For example, if you start a company that makes soybeans or soybean products, you can use this to avoid the risks caused by soybean price fluctuations.
It is unnecessary to make money only by price fluctuation. Usually, the default should be guessing.
This is decided when signing a contract with a futures company, and has no influence on the transaction.