Talk about my own hedging operations
Before the decline at around 3800, I closed a position, making about $7000
Then I bought long positions between 3700-3500, with an average price of 3660
Currently, the long positions have made $8700, while the short positions have lost $25000, but my long position size is larger than the short position
Currently, I am actually only down $14000, plus the $7000 I made from my last closing
I plan to do another swing trade, and the short positions will break even, expected around 4600 for the swing