hey man I had a question about the futures market. Can you hedge orders in a sense that you have a buy and a sell at the same time? thanks
If you trade exchange traded futures products same delivery month, no you cannot. position will automatically closed. you can hedge for different delivery months. for example buy Dec18 EMINI NASDAQ AND sell Mar19 EMINI NASDAQ but sometimes lack of activity in farther delivery might make slight differential. For the commodities it is different because inter- months spreads are widely traded and different months hedging is risky since spread will vary significantly .