To operate as we know best and to operate is with Stop Loss and Take Profit, if we enter the market for or against we run the great risk of losing.
But, is there a way to do Trading at the same time and allowing us to win in whatever direction the market goes, just as Jesse Livermore did, but is it a risky practice? Maybe, but Trading is risky.
If we enter a position in Long and if we make a mistake and the market goes down and we lose, but if we enter the market in LONG, and protect our LONG with Leverage Shorts just in case? It is a smart way to be in the market always and without the need for bots.
There is a Latin American youtuber who did this test and it went well, in fact the link is:
https://www.youtube.com/watch?v=T7p5UTPNPIs&t=14s but it is in Spanish:
The video was live, although it is already from 2018, but I use it as an example for the subject.
I think this is a way of always being in the market, protecting our position, and it is a technique that Jesse Livermore applied between 1800-1923, it was a great market speculator. Have you ever done it?
I think it is very risky and that the adrenaline that is lived is unique, that it requires practice, but if you have enough capital, why not do it? Protect LONG with leverage and if you enter Short protect with Long leveraged ...