Flipster's One-Way Mode: Streamlined Position Management

Flipster's One-Way Mode: Streamlined Position Management

What is Flipster’s One-Way Mode

Flipster’s One-Way Mode streamlines position management by consolidating all trades for a single trading pair into one unified position—either long or short. By eliminating the need to manage multiple open positions, traders can focus on execution, risk management, and refining their strategies more effectively.

With One-Way Mode enabled, placing an order in the same direction as an existing position increases the position size, while an order in the opposite direction reduces or fully closes it, rather than opening a new one. This intuitive approach offers greater control, simplifies portfolio management, and reduces unnecessary complexity, making it an ideal choice for traders looking for a more efficient and structured trading experience.

What is the Difference Between One-Way Mode and Multi-Position Mode

Feature

One-Way Mode

Multi-Position Mode

Positions per symbol

1 position (long or short)

Up to 10 positions (long & short)

Placing an order in the opposite direction

Closes or reduces the existing position

Opens a new position

Placing an order in the same direction

Adds to the existing position

Opens a new position

One-Way Mode and Multi-Position Mode offer distinct approaches to trade management, each suited to different trading styles. One-Way Mode consolidates all positions for a single trading pair into one unified position, meaning traders can only hold either a long or short position at a time. If an order is placed in the same direction as an existing position, it increases the position size. Conversely, placing an order in the opposite direction reduces or fully closes the position instead of opening a new one.

In contrast, Multi-Position Mode allows traders to hold multiple long and short positions simultaneously, offering greater flexibility but requiring more active management. When a trader places an order in the same direction as an existing position, a new position is opened rather than adding to the current one. Similarly, an order in the opposite direction results in a separate position instead of adjusting the existing one. Traders who prefer a structured, trend-following approach may find One-Way Mode more efficient, while those employing hedging or more complex strategies might benefit from the flexibility of Multi-Position Mode.

How to use Flipster’s One-Way Mode

1. Open the Flipster app, navigate to the Trade page, and tap the three dots in the top-right corner of the screen

Flipster App Trade Page

2. Select [Position Modes] from the menu

Flipster app Trade Settings

3. Select [One-Way Mode]

Flipster's app Position Mode

4. Click [Confirm] to activate the One-Way Mode

Flipster's One-Way Mode

Disclaimer: This material is for information purposes only and does not constitute financial advice. Flipster makes no recommendations or guarantees in respect of any digital asset, product, or service. Trading digital assets and digital asset derivatives comes with a significant risk of loss due to its high price volatility, and is not suitable for all investors. Please refer to our Terms.