When it comes to hedging strategies, many people ask whether they are meaningful or not. In fact, it mainly depends on how they are executed. Taking short positions as an example, if you are already at a loss, a half-price hedge can help lock in your losses—don't worry about whether the position is optimal; the key is to control the risk.

Once the market drops, you can immediately recover half of the loss, and then close the short position. When the rebound comes, you can go long again to recover the loss, and even make a profit. What if you're worried about further decline? There are also ways—close half or two-thirds of the short position to leave yourself some buffer.

Now that the market has fallen, you're probably afraid it will drop further. Instead of overthinking, it's better to adjust your position flexibly based on market trends. This way, you can participate in the rebound without getting stuck too deeply. The core of hedging is to find certainty in uncertainty, locking in risk with small costs, and gaining operational flexibility.