Disliked{quote} The point is that once I have hit the "Buy" button for long term longs, I would never ever want to close them. I can initiate short against that long with SL, risk money while the long term investment remains intact. If I keep closing previous longs, I would forgot the very crux of my objective which is to invest in Gold.Ignored
If you are investing (especially long-term) you don't need any of "hedging" etc. Because you buy and wait, you are sure it will be rising.
When entering shorts after investing, you risk even more your investments since market can go up and your "hedging short" eats your profit (stop losses).
You are trying to invest and speculate both.
You are superman since this means you get double profits!