This is a trading strategy for those who do not have the time to trade on a daily basis. A position trader enters the market and hold his position for a very long time.
A position trader uses the daily and weekly charts for proper analysis. The profit margin is higher with this kind of strategy.
If you want to be a position trader, here are things to consider:
You need a firm understanding of fundamentals driving the market
You need Need a larger capital base because your stop loss is wide
Do you want to be a position trader? Ask any question to know more.
A position trader uses the daily and weekly charts for proper analysis. The profit margin is higher with this kind of strategy.
If you want to be a position trader, here are things to consider:
You need a firm understanding of fundamentals driving the market
You need Need a larger capital base because your stop loss is wide
Do you want to be a position trader? Ask any question to know more.