What does Position Trader mean?
A position trader is one who buys stock or commodity to hold for a long duration, several months or even years, regardless of market’s direction and is not concerned with short term fluctuations.
Futures Knowledge Explains Position Trader
It is a long term style of trading and uses long-time charts, which may include weekly and monthly charts to track the position of the stock or commodity. It may also use fundamental information like earnings and other financial news.