> For the complete documentation index, see [llms.txt](https://avstrade.gitbook.io/avstrade-docs-en/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://avstrade.gitbook.io/avstrade-docs-en/trading/trading-modes.md).
# Trading Modes
To switch modes, you need to go to the trading module into the following setting:
**One Way Mode**
In One Way Mode, you can only hold positions in one direction by one contract.
**Hedge Mode**
In Hedge Mode, you can simultaneously hold positions both in the long and and in the short direction by the same contract.
{% hint style="warning" %}
The position mode cannot be changed while you have open positions or open orders.
{% endhint %}
---
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