enricog24 asked:
what exactly is a position? a lot?
what exactly is a position? a lot?
what is the advantage in investing now that the economy is in shambles and the dollar has depreciated?
I don’t know a lick of this stuff so please be specific, thank you!
Tags: Advantage, Dollar, Economy, Forex Trading, Investing, Lot, Profitability, Shambles
April 19th, 2008 at 7:58 am
My friend httpenwikipediaorgwikistock_marketsshort_selling.
April 19th, 2008 at 9:05 am
Forex now over other asset classes well the biggest advantage of the price the moment you have solid tradecash management strategy as standard lot commonly referred to buy those 100000 units for instance lets imagine that you now have made 1000 am sure are there willing and.
April 20th, 2008 at 1:49 pm
It seems you have yet to get a good answer, so here it goes.
Position trading is simply where you take and keep a “position” in the market. It is essentially the opposite of day trading in that day traders never keep a position overnight. So technically if you open a position and keep it past “closing” you are in a position trade.
Now this is a little tricky to define in the FX as the markets are open 24 hours so the reference then becomes if you keep a position open past closing in the market time zone you are trading (ie. london).
Position trading has its advantages in that you do not have to be glued to the computer screen like you do in active day trading. That is the upside, the downside is that you need to have a fairly well funded account as you will have to sustain larger market swings than a day trader who is only looking to “scalp” pips as he/she trades throughout the day.
In other words day traders are not ususally in the market long enough to sustain huge market moves. Position traders are usually trend trader looking at long term trends or they are fundamental traders who enter a position based off of fundamentals yet dont know exactly “when” the markets are due to move in their favor.
This means that they will just enter a position and wait either for a price objective, a percentage gain, or if they are a commercial trader, until their hedge is closed.
Hope that helps
Happy Trading
- Jay
April 23rd, 2008 at 4:43 pm
Forex trades and other types of position trades recommend you go to httppiphutcom.