Position Trading

An Introduction to Developing and Analyzing Efficient Strategies for Position Trading

By: William Bahl

Narrated by: William Bahl

Length: 1 hr and 21 mins

Publisher's summary

Position trading can often be a good way for position traders to make a long-term position on stocks and assets. Consequently, taking a long-term position on an asset with all its seemingly great benefits also tends to have its own inherent risks. The trading strategy thus requires an in-depth knowledge of fundamental factors that can help influence prices over the long term, as well as a basic knowledge of technical timing models. 

The main risk of position trading is the impact of minor fluctuations and the fact that they are commonly ignored. In the process, they can turn into a total trend reversal, leading to a significant loss or drawdown when the trader is guilty of failing to monitor positions or putting safeguards in place to secure their capital. 

There are various trading techniques aside position trading, namely day, swing, scalping, etc. Trades are engaged based on research that indicates that a stock could start to trend, or chart pattern breakouts, as well as technical indicators, signaling the potential beginning of a trend or that a trend is underway. 

PLEASE NOTE: When you purchase this title, the accompanying PDF will be available in your Audible Library along with the audio.

©2019 William M Bahl (P)2020 William M Bahl

A worth to buy book!

This book about position trading was really good. It explains position trading in a way that listeners can easily understand. Its book's narrator Mr. William Bahl was amazingly narrates this book. great jod!

It's helpful to remember the stock market is like

This book is to get you going. At that point lead you through the essentials to turning into a halfway level dealer. I truly enjoyed these books and would suggest any individual who needs such kind of data. This is a book for anyone who is serious about improving their trading strategy. Very well written and author. I am enjoying this book, finding it very helpful. It's easy to read, straightforward, easy to understand and definitely for beginners, which is what I need.

A very effective way to manage this occurrence is to alter the current chart setting from a bar chart or a candlestick to a line chart. Afterward, you can plot a trend line by making use of a line chart. The reason why this works well is simply as a result of the fact that a line chart is based on closing prices. Thus, a lot of price spikes, as well as market-related noise on the chart, are greatly reduced.

The main risk of position trading is the impact of minor fluctuations and the fact that they are commonly ignored. In the process, they can turn into a total trend reversal, leading to a significant loss or drawdown when the trader is guilty of failing to monitor positions or putting safeguards in place to secure their capital (such as a stop-loss or trailing stop). Of course, despite the imminent danger, it could also end up being to the trader’s advantage if the position accumulates profit when they aren’t focusing on the trades.

In the case of position trading, the common effects associated with compounding are negligible most times. This is mainly because profits are not usually locked in often, and you wouldn’t notice any increase in account balance right until the position has a closer bearing to being closed at a profit.

The content of this book was so easy to follow

This was a fantastic book for those who wanted to learn about stock trading. This book will provide you a sound understanding of stock trading. The content of this book was so simple to investigate and follow. A great guide to Position Trading is the subject of this book review. The chart is fantastic, and the ideas for learning as a beginner are sound. Gives a fantastic exchanging strategy and nuggets of information on how to deal with pushing forward and gaining an advantage. This is one of the best books for learning the fundamentals of day trading.

Investments are appealing, but self-control and awareness are what allow you to make the best choices. When deciding whether to buy a stock, the possibility of the market moving in a positive or negative direction should be your first consideration. The trends will play a significant role in your decision-making. If the market appears to be on the verge of a massive bull run, you should carefully consider your options before deciding to take a long-term investment. This is because, when the bullish trend comes to a conclusion, the market is projected to go through a corrective period at some point.

The trick is that, even if you've made a lot of money since you acquired the stock, any correction will wipe out all of your gains. This will return you to the beginning. It becomes much more relevant if the asset was purchased at a price that was far higher than its real value. It's possible that you'll finish up back where you started. The importance of completing as much analysis and investigation as possible cannot be emphasized. You must be at the top of your game with enough information to judge the viability of every given trade in relation to your investment objectives.

This book was quite helpful to me as someone who understands very little about stocks. It was written in such a way that it both informed and entertained me, rather than boring me to tears. This is a book that I would strongly suggest.

I was engaged and I got exactly what I was lookin

This book is very intriguing and beginner friendly. Position traders are usually long-term and goal-oriented and generally look to carry their positions from as short as a couple of weeks to as long as a few months or maybe a year. In this article, we'll target some best practices around an edge trading approach within the market.

Your moneys worth

There are so many takeaways from this book that one cannot describe it in comments section. Grab a copy and do a favor to yourself by reading it. You can keep it as a reference book.

Trading is Simple, but not easy.

Great analogies are in this book. Good book to reinforce the skills needed to day trade. Highly recommended for all beginners. The writer has worked superbly in making of this book. I truly got a lot of accommodating data on the entirety of my inquiries. A full-service stockbroker does not just assist in the buying and selling of bonds or stocks, the broker also provides a wide range of services and products which include financial planning, retirement, gives advice on investments and taxation as well as a constant portfolio update. The flipside of this is that they often, at times, charge overwhelming fees and transaction costs, which tend to undermine the returns over time. If there is more capital than time, a full-service broker might be the most preferred option for a client. While researching for the above strategy, I thought of reading few books on day trading and that's how I came across this book.

Direct, no nonsense, easy to digest

This book was a great introduction to swing trading. It covers chart reading / candlesticks and other related concepts, along with account risk management, methodology for scanning for opportunities/trades, and handling of entries and exits. Definitely recommend!

ABC IN INVESTMENT

This book will uncover to you how to start, how to benefit, how to refrain from losing money, and a lot of the particular information you'll require. Gives unbelievable trading approaches and bits of learning on the most ideal approach to push ahead and benefit. This is one of the extraordinary books to have strong fundamental learning on day trading.

There are various approaches to position trading, including the act of buying assets that have a great trending potential but have not yet started trending, or in other words, the buying of an asset that has already begun to trend. Purchasing assets that have already started to trend is a less research-intensive endeavor therefore most often preferred by many position traders.

Searching for a trend is thus the main factor for a position trader. This will usually not include any assets that are trading within a range, except that the price range is extremely huge usually spanning many years. In this scenario, it could possibly take years for the price to shift from one side of the range to the other, which usually suits the trader just fine.

Trends usually start with a breakout of a range or other chart patterns that have had a confined price action. The asset price is like a spring being compressed by the pattern. Thus, as soon as the price breaks out of the pattern it most often trends for some time. This is often true if the chart pattern is seen to have lasted for a number of years, thus indicating that the price could trend for a number of years once it breaks out. Chart patterns ranges, cup and handles, triangles, head, and shoulders and inverse head and shoulders all indicate a trend might commence or re-emerge.

The fundamental strategy is to purchase when the price crosses beyond a 40-week moving average from below. The trader then holds this position until a weekly price bar closes below the 40-week moving average. When the trade was initially made, a stop loss was used to limit the amount that is lost, should it instantly move towards an unfavorable direction. Where this trade is placed usually depends on the volatility of the asset as well as the time frame of the trader. Creating a stop loss 5% below the moving average will serve act to protect the capital while still allowing for upside potential. The book has really given me some fruitful information on how to trade on stocks and forex on a day trading platform.

Great for those of you who use RobinHood.

In this book I have found the strategies and methodologies of swing trading that are beneficial for newcomers in the trading world. There is practical advice offered on the best approaches to achieve success from swing trading. Read this book to know the way to set up own mindset and a routine that will allow you to get great result and learned the way to identify trends and which are the best financial instruments. A particular trading style is usually not better than another; some styles just happen to suit different people’s personalities and circumstances. Position trading is for individuals who love to do a few types of research initially, but immediately a trade is made, the position requires really little time to observe or manage. Position trades usually take place in almost all markets and may include both purchasing and taking short positions. Trades are engaged based on research which indicates that a stock could start to trend, or chart pattern breakouts, as well as technical indicators, signaling the potential beginning of a trend or that a trend is underway.

Paid for Itself

Position trading may thus be a strategy where traders and investors intend to capitalize on sturdy evaluation trends through entry and staying present in a market for an extended term. A position trade may be a commitment of each time and cash, with the intention of realizing a large gain from the sustained development of a position's worth.

Although a position trade may be held for a considerably long period of time, it also requires three elements to be successful, namely: a planned entry, a planned exit, and controlled risk.

In all trading strategies, coming into the market in a very controlled, consistent and structured manner may be a vital part of achieving asset profit. Thus, due to the extended period of a position trade, market entry choices are predominately created by keeping with basic analysis. Whereas technical analysis can be used to refine an entry point, thus accounting for the importance of economic factors as the major part of a product's distinctive a long growth potential.

wonderful book guide to stock marketing with amazing strategic information's for day trading.Book put me much pleasant delight. through i got many amazing guides for make passive money easily I like the way this is written and the details that the author provides in it are easy to understand. I absolutely love this.