Longform expert blog post for a digital wallet provider, explaining in-depth the different types of forex traders.
The draw of position trading is its lower demand on a trader’s time relative to other trading styles. Many position traders work on fewer than 10 positions over a year, freeing them to build out other aspects of their portfolio.
Risk-wise, however, position trading relies on a bet that a certain trend will continue over time. If this doesn’t happen, it can cause long-term capital losses.