Hedging with opposite positions: does it ever make sense?

Running a buy and a sell on the same pair locks the loss at the spread and freezes margin — yet traders do it constantly during uncertainty. Hedging across correlated pairs is different, and sometimes rational.

What's your experience?

• whether you've locked a position this way
• how you eventually exited the hedge
• the legitimate uses you've found for hedging

The correlation guide shows the smarter version across pairs.