| || What is the definition of Trading Position? |
A trading position is a trade based on the forecasted direction of a currency pair.
Trading positions can be established over any time frame but require traders to
commit to one direction for a currency and accrue gains or losses based on future
| || TradersLaboratory decodes Trading Position |
Trading positions are generally based either on a fundamental news event, a
collection of macroeconomic data, or technical chart analysis. Once positions are
established, traders will either gain or lose money depending on the accuracy of their
initial forecast, the initial entry level, and the price at which the trade is closed.