--- type: "Topics" locale: "en" url: "https://longbridge.com/en/topics/39423633.md" description: "I want to train myself to profit from both long and short positions. Since Livermore would go short if he wasn't going long, hahaha, while I'm just day trading. There's still a big gap, and I really want to train for major trends.I thought about my approach. On Wednesday, I saw the market hit key levels several times, wondering if it would really break downwards, so I liquidated my positions. But later, I thought I shouldn't have liquidated everything at once; I should have halved my position. That way, I wouldn't be so afraid of missing out. So, the next day, anxious to see it had dropped a bit and satisfied the conditions for a day trade, I bought back during the night session. More declines appeared during the day, and the next day too, so I went long and picked up some bargains.Also, on Thursday before the market opened, I didn't simultaneously execute a small short position while going long. Instead, I shorted after it had fallen quite a bit during the session, which meant I didn't build confidence in the short position's profit during the day. I sold it that same day, missing out on the short profit from the continued decline the next day.It's like in Livermore's biography; it's not that you can't feel the market, it's that you don't execute the operations properly. Just noting this down, otherwise I'll forget, hahaha." datetime: "2026-03-21T07:47:32.000Z" locales: - [en](https://longbridge.com/en/topics/39423633.md) - [zh-CN](https://longbridge.com/zh-CN/topics/39423633.md) - [zh-HK](https://longbridge.com/zh-HK/topics/39423633.md) author: "[骚气懂王](https://longbridge.com/en/profiles/15978617.md)" --- # I want to train myself to profit from both long an… ## Comments (1) - **骚气懂王 · 2026-03-21T07:52:57.000Z**: Of course, according to observations, Fridays in recent weeks have been falling. 🤣