making losing trades break even

I got a question about how to make losing trades break even. So let’s say I wanna go long, and instead of setting a stop loss, I decide to take a hedge position, like a short. If the price reaches my hedge position, the loss I’d see would just be the difference between the long and the short position. Isn’t it possible that instead of this, I could just open another long and short position (DCA) to get both long and short to have the same entry price? Then my loss would be zero, right?

You want a breakeven using the hedge mode? Like you want to trade and not have any profit. I think traders thinks of making profit and also think of ways to minimize losses. Traders do not think of using the hedge mode to open a position against your current position so not to have either profit or loss. I remember when I was a beginner, I think like that. But later you will realize that it is not making any sense than given the exchange more profit on trading fee. Best to close a position to avoid further losses.

So you want to start two trades one goes up and one goes down, to maintain the loss well that's not something new but in this way if you wil be making a profit from one then you will make lose from another and the amazing thing is you can't open these two trades in Binance at least because I have seen if we will open the short position while the long position is already there, our trades will be closed. As first I was unaware and I mistakenly Closed the trade. This can be done if we will have two different accounts of the same exchange on two different accounts Overall, the idea is great and if pulling it off is a risky but still it might worth it or might not.

Do you really think that this has not been tested or that the gap between those isn't big enough to make you lose money? I mean I have seen so many people who just want to use longs and shorts together to assume that they could make a break even at the worst case, when in reality if it was that simple to do it, then everyone would do it. Plus it also makes you never earn as well, not only you would lose, but you would never make a profit too. In the end, do not try to find shortcuts or loopholes, just trade like everyone else and try to make sure that you are doing a good job at it. I get that it may not feel great for you, but the thing is that we are going to make a profit one way or another and won't have an issue.

If this had been made very possible as you ha e thought, then many traders would have also been making use of the same pattern in other to avoid losses on their trades, instead they had better break even than making losses, but things doesn't work out perfectly as we may assume when it comes to trading, some facts were best described with mouth than making practical of same, we can't just avoid making that loss ones the mistake comes and we may not even succeed to manage mitigate the effects except on rare cases.

You're wrong. By opening a long position and simultaneously hedging his position with the same volume, the trader will eventually make a profit if he closes both orders at the same time. And this profit will depend on the financing rate that is paid to the trader behind holding a position against the market. This is a fairly well-known way of making a profit, which is used not only by large capital. I use this method of making a profit with high-volatility altcoins that currently have a high funding rate.

I disagree with you. Let us talk about good coins like bitcoin with low funding rate like 0.01%. if you have $10000 to opens a short position at $100000 and the price increases to $105000. Losing $500 and you decided to hedge the position by opening a long position at $105000. That means as you are making profit so you will be having the same loss at the opposite positions. No loss no gain until you close one of the position. If you are referring to funding rate as an example. If you trade an altcoins with high funding rate like -/+2%, as you will gain in one position, so will the loss on the second position.

That's right, if you open a position and hedge it at the same time, you will not get a profit, since the loss will be offset by another profitable position if both orders are closed simultaneously. But in this case, with a financing rate of -/+2%, you will make a profit every 8 hours, which, with an order volume of 10 thousand dollars, will amount to several hundred dollars.

I’m not sure if this will work since crypto market is too volatile. Also I never experienced to open both long and short positions at same time since the moment your short order was initiated your long position will be gone or converted to short position too. I’m imagining you want to open both long and short at the same time since you will not use any stop loss. Also, you should consider the fees involved on your trades especially the funding fees since you will have both positions which means you will pay for it mandatory.

What makes you decide to do that? Because in the first place, we aim for profit, not just a breakeven unless we are roaming for a losing side. If that is only the case you wanted to happen, I don't think you need to waste your time trading.  I'm not a full-time trader, but I don't think that is the right option. I'd rather hold them than sell my coins in a losing situation. We just keep in mind that the volatility of the market helps us recover. If we could just wait, that solves our problem and avoids losses.

I appreciated that. I say "Yes", apply DCA. But, if me in your position, I adjust entries to help minimize you losses.

I have not found a platform or exchange that has a double position like that, what you say is indeed pretty good and logical because we have a double position between Long and Short on the same coin, it is a definite choice I have taken, but I have not found it, which is there to this day if we have put up a short position but the market continues to show the increase and we take the long at that time then our position will all change to Long and one solid with the previous position and calculated with the average purchase of the short and long position , so even before if we choose Long early and want to take a short position.