I don't know where you get this theology from but it is wrong. One cannot be under two covenants with God at the same time.Although we are under grace, we are also under the law of Yahuwah and the ten commandments. We must work out our salvation daily with reverence and trembling. You can't have faith without works or living an unfruitful life because we are supposed to bear the fruits of the Spirit and vice versa with having works but no faith. Faith and works coincide with one another just like you cannot have a physical body without a soul to complete yourself. The one who bears bad fruit will be cut down. Lukewarms will also receive the same fate. The fruit you bare defines who you are. We must be holy as Yah is holy.
The Old Covenant (Law, 10 Commandments) was in effect UNTIL Jesus death.
The New Covenant is now in effect.
You are not under the law my friend. You are under the grace of Jesus Christ. This is very important doctrine to understand. It will trip you up reading the Bible for the rest of your life if you do not understand the difference.
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