Position Trading is a long-term trading strategy that may prolong to weeks and even months as well. However, the time frame that most of the traders use in Potion trading strategy is usually Daily or Weekly Trading Chart. In addition to Technical analysis, position trading traders utilize the fundamental analysis to know the historical background of assets and also understand the price movements. Position trading strategy is suitable trading strategy for person who invest handsome amount because stop loss entry in this is long that may run for days and weeks.
There is another trading strategy similar to Position Trading strategy, called Trend Following Trading Strategy. Whereas, the only difference is Trend Following Strategy is purely a Technical approach that doesn't follow Fundamental analysis. While the Position trading strategy makes best use of both, Fundamental and Technical analysis.
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