Hello, thanks for asking!
Position trading is characterized by a long period of staying in the market. Position traders hope that their asset will appreciate in value, hence this period usually lasts from weeks to months. These traders don’t react to the short term fluctuations in the value but care more about the long term value. Position traders usually don’t trade so often, placing on average around 10 trades a year.
On the other side, signal traders react to signals which are gathered by analysis or signal providers. These signals can be manual (generated by humans), or automatic (generated by computers). Their positions don’t last long, as they place trades more frequently than position traders.