Position traders, as opposed to swing traders, prefer to spot a trend and enter a trade along with it rather than trying to catch the proverbial falling knife by forecasting a reversal.
Due to their extended time horizons, position traders are frequently mistaken for investors. Position traders typically trade over the course of weeks or even months. Position traders, as opposed to swing traders, prefer to spot a trend and enter a trade along with it rather than trying to catch the proverbial falling knife by forecasting a reversal.