89. What is Position Trading?

89. What is Position Trading?

Author: Follow the Money Radio July 25, 2022 Duration: 2:35
Stock Trading University
BusinessEducationHow ToInvesting
Welcome to episode 89 of the Stock Trading U podcast!

Once again, back in episode 3 of this podcast series, I discussed three popular trading styles, which included position trading, day trading, and swing trading.

In our last episode (#88), I briefly explained the concept of day trading.

And before that, in episode (#87), I introduced the concept of swing trading.

But in this episode, I will discuss the concept of position trading.

So what exactly is position trading?

Well, position trading is a longer-term trading approach than swing trading and day trading.

The position trader’s primary goal is to discover new longer-term trends just as they are beginning to develop. Instead of holding a position for a single day (like a day trader) or for up to a couple of weeks (like a swing trader), the position trader will often hold his position for many months, even up to a year or more in order to fully exploit the trend.

Put simply, the position trader attempts to buy just as a new major uptrend is getting started and will hold that position until he/she becomes convinced by the chart that the major uptrend is finally exhausted.

The goal of position trading is to generate large profits from a relatively small number of trades, while adhering to a set of strict money management rules.

When coaching new position traders, I usually tell them to aim for a minimum of a 20% gain on each successful position trade, though it is possible to earn much more as you improve your craft.

Position trading is often a powerful way for a new trader to get started, especially for those traders who are beginning with a smaller trading balance, and/or don’t want to spend all day staring at a computer screen.

In conclusion, I should add that position trading is my personal preferred trading style today as it accommodates my busy schedule and suits my risk tolerance.

Jerry Robinson's Position Trading Course: https://followthemoney.com/product/position-trading-course-the-200-day-moving-average-strategy/

Learn more about Jerry Robinson here: https:/followthemoney.com/about

Get Jerry Robinson's daily position trading ideas here: https:/followthemoney.com/join

Ever feel like the stock market is a language you don't speak? Stock Trading University translates it into something clear and actionable. Host Jerry Robinson brings over two decades of experience as a trader and coach directly to your headphones, breaking down complex ideas without the jargon. This isn't about hype or get-rich-quick schemes; it's a practical education in how markets move and how to identify opportunities. Each episode is designed to be dense with insight yet concise, fitting key lessons into a focused format that respects your time. You'll hear Jerry's straightforward analysis of market principles, risk management tactics, and the psychological discipline that separates reaction from strategy. Brought to you by the team at Follow the Money Radio, this completely free podcast serves as an audio extension of their educational mission, stripping away the intimidation factor from investing. Tune in for a no-nonsense approach that builds your financial literacy one concept at a time, whether you're just curious about opening an account or looking to refine your existing trading plan. The goal is to provide you with the foundational knowledge and ongoing perspective needed to navigate the markets with greater confidence.
Author: Language: English Episodes: 90

Official website RSS
youtubelinkedinapple_music
Stock Trading University
Podcast Episodes
79. Position Sizing Principles [not-audio_url] [/not-audio_url]

Duration: 3:12
There really is a science behind position trading that, if used properly, can optimize your trading profits and protect you from catastrophic losses.
78. The Importance of Position Sizing [not-audio_url] [/not-audio_url]

Duration: 2:00
Position sizing is extremely important as it one of the primary methods that you can use to maximize your gains and to prevent your trading losses from wiping out your account.
77. Discipline is the Key [not-audio_url] [/not-audio_url]

Duration: 2:07
As a full-time trend trader, I can tell you that the trading lifestyle is wonderful. As a trader, I can work from anywhere and I get to work when I want. However, the key to being able create this lifestyle is discipline…
74. Are You Afraid to Trade? [not-audio_url] [/not-audio_url]

Duration: 1:23
Fear is a destructive emotion that clouds our judgment when trading and its presence is a clear indication that the trader has failed to stick to, and internalize, his trading plan.
73. Develop a Winning Mindset [not-audio_url] [/not-audio_url]

Duration: 1:54
Olympic athletes know the power of controlling their thoughts. Likewise, successful day traders, swing traders, and position traders believe in their abilities. They believe they will succeed and expect success.
72. Two Vital Keys for Trading Success [not-audio_url] [/not-audio_url]

Duration: 1:55
From my personal experience, I have found that nearly every trader who fails to earn consistent profits in the markets lacks two very important keys for trading success.
71. Avoid Stock Market Message Boards [not-audio_url] [/not-audio_url]

Duration: 2:15
In this session, I want to provide you with a simple piece of advice, especially if you are just getting started as a trader: Beware of stock market message boards and chat rooms.
70. It's Time to Invest in Yourself [not-audio_url] [/not-audio_url]

Duration: 2:02
Let me teach you the basics of stock trading and provide you with real-time actionable trading ideas each day.

«123456...9»