Open long/short position at the same time

I am working from the last few years on trading and trying to find new strategies which can be working for me for to earn good money from trading.

In this post I am going to share my experience and knowledge about a good strategy where you can earn money.

The strategy is simple and also not risky. You must have money in future market because you have to open two positions at the same time. Isn't that interesting.

Along with being interesting, its also beneficial. You need atleast $300 in your future market. $150 for long and $150 for short positions.

You dont need to use any leverage, just keep your leverage at 1X. Enable your hedge option in trading.

Now, the simple thing you have to do is open long position on Bitcoin at $60K and also open short position at $60K.

Also enable Bollinger Band indicator which will help you sell your positions one by one. Market will go either of the side but you will never be at loss when opened both the positions.

When you see #Bitcoin price touches the upper band of BB, close your long position. Now as price starts coming down your short position which is enabled will start giving you profit.

You can sell your short position anywhere in the mid of the band or wait to sell at lower band of BB.

This is working strategy and if you want to try, do it with smaller amount for testing purpose.

What do you people think about this strategy? Do you think opening both positions will be a good trading strategy? Will be glad to see your answers in the comment section.

I hope you find this post useful and informative. If you do, please remember to reblog it so that it reaches as many people as possible and that they can benefit the most from it. Also, remember to upvote, which will help me financially and grow my account.

IMAGE TAKEN FROM CANVA

Thank You!
Best Wishes.

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