Jump to content
  • 0
Sign in to follow this  
Brad Vitello

Who are position traders?


1 answer to this question

Recommended Posts

  • 0

Hello, thank you for your question! 

Position traders are by definition trend followers as they keep close attention to the trend movement and direction. According to these two aspects, position traders make decisions on whether to hold, sell, or buy. 

The main difference from other trading styles, such as day and swing traders, is that positions are held much longer. Position traders use both fundamental and technical analysis in order to make their decisions. They also rely on macroeconomic factors, general market trends, and historical patterns to select investments which they believe will achieve their desired outcome. 

Another important attribute of position traders should be risk management and good assessment of profit and risk ratio. There is a relief in the fact that this form of trading isn’t so time-consuming as others, which means that traders make a decision, and according to it place an appropriate stop-loss order and wait for the outcome.

Share this post

Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
Sign in to follow this  

  • Create New...