DislikedYes but if you are long 4 and short 5 then you are short 1..that is a fact.
doesn't matter how you word it or if you have two accounts or whatever you still would have a net short position.
say you keep open you're long, and open a short of the same amount then (forget spreads etc). If you make 50 pips on the short, you've still lost 50 on the long. So net P&L 0.Ignored
I think some people are getting confused with the concept of Infinite Yield by confusing themselves with the trade set up. If you open a trade at 120 with a stop loss at 119.50, UNLESS 119.50 gets hit (OR you close the trade manually) then your trade is still literally on the table.
In the event that a new order is created in the opposite direction then the new limit, if you choose to put one in would act in the same manner as the previous order, the only thing you have done is made profit on the new order, or in the event that your new order is stopped out then you would make a net loss on that trade. In either event the limit or stop loss would act as the key point.
Depending on your broker it may be handled in different ways, but the idea is really that if you are long X lots and you get a signal to short X lots, if that new order is executed then you are effectively hedging your position. How that new position is set up will really define how the situation plays out.
The concept of Infinite Yield is that a position at X point is in play until either it is Stopped by a SL or a manual stop. You could have multiple positions running in different directions, however it is important to note longer term Trend so that in the event of a counter trend trade you take a limit at some point.
The other option is only trade 1 direction, what for the pullbacks and trade them. Look at the daily and weekly chart for longer term direction and trade the trend.
Razor