Position Trading Strategy: Patience, Psychology & Long-Term Trade Management | Trading Talks Podcast
What makes a position trading strategy successful in the long run? In this episode of Exness Trading Talks, Michael Stark and Andreas Demetriou explore how position trading works, who it suits, and why psychology plays a bigger role than most traders expect. Unlike short-term approaches like scalping, a position trader must manage emotions over longer market swings, trust their analysis, and avoid closing trades too early or holding losses too long. You'll learn practical ways to manage bias, use pending orders, apply stop loss adjustments, and select suitable instruments for long-term trades. 🔗 Want to build and test your own position trading strategy? Open a free Exness demo account: https://www.exness.com/demo-trading-account/ Whether you trade forex majors, crypto, stocks, or indices, developing the right mindset and rules-based execution is essential for long-term trading success. 💡 Key insights in this episode on position trading strategy: - How position trading differs from scalping psychologically. - Why patience and conviction are essential for long-term trades. - Practical tactics: pending orders, stop losses and trailing adjustments. - Avoiding early profit-taking and letting losses grow. - Balancing structure with flexibility in trade management. - Why forex majors and certain cryptos work well for position trading. - Common emotional mistakes in long-term strategies. 👉 Read the full article on building a position trading strategy on Exness Insights: https://insights.exness.com/trading-strategy/Position-Trading-Strategy/ Timestamps: 0:00 - Is position trading emotionally easier than scalping? 0:37 - Intro to the episode and guest introduction 1:08 - Emotional and psychological challenges of position trading 2:35 - Using pending orders and stop-losses to manage emotions 3:37 - Common mistakes and key lessons from position trading 5:08 - Best instruments for position trading (forex majors & crypto) 6:43 - Practical example: Bitcoin position trade from 2020 🔔 Subscribe and turn on notifications so you never miss an episode of the Trading Talks podcast. #PositionTradingStrategy #PositionTrading #LongTermTrading #TradingPsychology #ForexTrading #ExnessPodcast #TradingTalks #CryptoTrading #TradingMindset
Read EXNESS Broker Review December 11, 2025 at 09:03PM Exness
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