🚨📢Traders, admit it! 😅
🚨Who else sometimes feels the crazy urge to open both a long and a short position AT THE SAME TIME? And not analyze the market, but just wait for a miracle? 🧐
😁Are these my "silly thoughts" or is this our collective trading syndrome? Share your "non-standard" ideas in the comments! 👇
⚠️Important: Why is Long and Short at the same time a bad idea?
📊Although this may seem like an easy way out, such a strategy (known as hedging without a plan) on futures or margin often leads to:
Double fees: You pay a fee for opening and closing two positions instead of one.
🛑Neutralizing profit: If the market rises by $100, your long gives +$100, and the short gives -$100. Your net profit ≈ 0 (or even negative due to fees and funding).
📣Double liquidation risk: By requiring margin for both positions, you reduce your overall liquidity. An unexpected strong move in either direction can bring liquidation closer.
Conclusion: It's better to spend 15 minutes analyzing than to give money to the exchange in fees for two positions! 😉
$NIGHT
