FXTM information and reviews
FXTM
93%
IronFX information and reviews
IronFX
92%
Libertex information and reviews
Libertex
91%
ETX Capital information and reviews
ETX Capital
90%
Markets.com information and reviews
Markets.com
89%
FxPro information and reviews
FxPro
88%
EUR/USD
1.1765
BTC/USD
47 783.36
GBP/USD
1.3798
USD/JPY
109.7150
USD/CHF
0.9275
USD/CAD
1.2684
EUR/JPY
129.0813

Position Trading


29 March 2016

The longest term trading is called Position Trading and can have trades that last for more than a few months to a number of years. This type of forex trading is set aside for the ultra-patient traders, and needs a good understanding of the fundamentals.

Since position trading is held for longer time, fundamental themes will be the predominant focus when analyzing the markets. Fundamentals command the long term trends of currency pairs and it is significant that you know how economic data influence your countries and its future point of view.

For the reason of the extensive holding time of your trades, your stop losses will be very huge. You have to make sure that you are well capitalized or you will most be expecting to have Margin called.

You are also expected to have thick skin in Forex position trading because it is particularly that your trades will go in contrast to you at one point or another, and it will not be a little retracement either. 

You may encounter huge swings and you should be ready and have complete trust in your study in order to stay calm during these  period. Learn about money management to have an idea of how much money you should have in your trading account.


Related

Schaff Trend Cycle (STC) indicator
Schaff Trend Cycle (STC) indicator

Senior trader and forex researcher, Oto, will explain what the Schaff Trend Cycle (STC) indicator is and how to use it in your trading. Get all your questions answered...

16 Sep 2021

Everything you have to know about support and resistance levels
Everything you have to know about support and resistance levels

These lines are the important thing in technical analysis that can navigate you in trading. In a webinar on September 8 at 12:00 GMT, you'll learn about correctly drawing...

8 Sep 2021

Using the Fibonacci Theory
Using the Fibonacci Theory

Senior trader and forex researcher, Oto, will be your host for this dedicated webinar and expert Q&A session regarding the Fibonacci theory and how to apply it to your trading...

7 Sep 2021

How to improve your Trading Mindset
How to improve your Trading Mindset

If you have problems with managing your risk or would like some help with disciplining your mind and emotions, then this is the session for you. Don’t miss out on this...

6 Sep 2021

How to Use a Set of Indicators to Create an Intraday Trading Strategy
How to Use a Set of Indicators to Create an Intraday Trading Strategy

In this second part of the Strategy Series Andria will build on the knowledge from the first session and discuss about indicators that you can integrate into your trading style and timeframes...

2 Sep 2021

Scalping Strategies Explained
Scalping Strategies Explained

Senior trader and forex researcher, Oto, will be your host for this dedicated webinar on scalping strategies. Improve your skills and get all your questions answered about the art of...

1 Sep 2021


Editors' Picks

OctaFX information and reviews
OctaFX
86%
HotForex information and reviews
HotForex
85%
XM information and reviews
XM
80%
FXCM information and reviews
FXCM
79%
Vantage FX information and reviews
Vantage FX
78%
Moneta Markets information and reviews
Moneta Markets
77%

© 2006-2021 Forex-Ratings.com

The usage of this website constitutes acceptance of the following legal information.
Any contracts of financial instruments offered to conclude bear high risks and may result in the full loss of the deposited funds. Prior to making transactions one should get acquainted with the risks to which they relate. All the information featured on the website (reviews, brokers' news, comments, analysis, quotes, forecasts or other information materials provided by Forex Ratings, as well as information provided by the partners), including graphical information about the forex companies, brokers and dealing desks, is intended solely for informational purposes, is not a means of advertising them, and doesn't imply direct instructions for investing. Forex Ratings shall not be liable for any loss, including unlimited loss of funds, which may arise directly or indirectly from the usage of this information. The editorial staff of the website does not bear any responsibility whatsoever for the content of the comments or reviews made by the site users about the forex companies. The entire responsibility for the contents rests with the commentators. Reprint of the materials is available only with the permission of the editorial staff.
We use cookies to improve your experience and to make your stay with us more comfortable. By using Forex-Ratings.com website you agree to the cookies policy.