Position trading is for longer-term orientation, meaning the intention to ride on trends lasting from weeks to even months or years. It bears little similarity to either day trading or swing trading, in which there is a very high turnover of transactions and positions, but seeks to hold a position for a far greater amount of time. With its self-explanatory definition, must include yet another virtue: patience and quite a lot of discipline on the part of the trader.
That being said, this is not because position traders at the workplace are pretending the daily noise and volatility in the stock market. They tend to focus on macroeconomic trends, developments in sectoral rotation and significant company news that impacts the stock price over an elongated period of time. This style of trading allows one to ride major market waves and catch enormous moves in prices, hence the preference by many traders who do not want a less clinical trading environment.
Who we choose to trust can have a profound impact on our lives. Join thousands of devoted South Africans who look to News24 to bring them news they can trust every day. As we celebrate 25 years, become a News24 subscriber as we strive to keep you informed, inspired and empowered.
How do you see the upcoming home leg of the Rugby Championship going for the Springboks against the All Blacks?2-0 to the Springboks ... It's our time!Friday Briefing - weekly Insight and analysis on the big political story of the week, plus a roundup of top columns and reader favourites.Use your voice to deepen the dialogue and engage with stories of courage, endurance, community, triumph, and the pursuit of truth in SA.
Belgique Dernières Nouvelles, Belgique Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
La source: dailymaverick - 🏆 3. / 84 Lire la suite »