Type of Trader: Position Trader ...Middle East

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Type of Trader: Position Trader
source : forex live ( Middle East ) () 12
A position trader is a type of trader who holds a position in an asset for a long period, typically from months to years. Unlike day traders who make numerous trades every day, or swing traders who hold onto positions for days or weeks, position traders are more interested in the long-term performance of an asset.Position trading is often associated with "buy and hold" investing, but there's a significant difference. While buy-and-hold investors will stick with their positions no matter how the market moves, position traders aim to profit from directional trends and will exit their positions if they believe the trend is about to reverse. They rely heavily on fundamental analysis to make thei

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