Position Trading

Position trading holds an instrument across longer market cycles using a thesis, review schedule, and risk limits designed for an extended horizon.

The approach often combines fundamental drivers with broad technical structure and accepts more interim price movement than short-term trading. Longer holding periods increase exposure to financing, contract rolls, dividends, currency effects, policy changes, and thesis drift. Calling a losing short-term trade a position trade does not repair the plan; the horizon, evidence, instrument, size, and exit conditions should be defined before entry.