Position trading

Position trading is the longest-term trading style that requires a good understating of fundamentals, an exceptional gut feeling as well as a good foresight into how price will fluctuate in the long-term. It’s a trading style for traders with steel nerves and angelic patience, those who don’t mind waiting for long periods of time for their well-deserved rewards.

The primary goal of position traders is to benefit from the dominant trends rather than from short-term market fluctuations.

Normally, position traders are not only extremely smart but also very wealthy. To withstand substantial troughs and swings of prices, any position trader needs to have a sizeable account.

Position traders are the independent thinkers. They carry conviction in their view and tend to ignore random market fluctuations that might frighten away less confident players.

Example of a trader

Warren-Buffett.png

Warren Buffet is the first who comes to mind when we think about the most prosperous market participants executing long-term trades. He is a legend and one of the wealthiest men in the world. He is widely known as the most successful investor and has been a position trader in FX market since 2002. That time Buffet sold the US dollar arguing that it was to fall because of America’s trade deficit. The next few years were successful for him, but in 2005 the US currency went up and Buffet decided to exit his short USD position. As a result, he earned $2 billion on the trade. Had it not been for the USD advance in 2005, his profit would have been $1 billion higher.

Frequently asked questions

  • How to open an FBS account?

    Click the ‘Open account’ button on our website and proceed to the Personal Area. Before you can start trading, pass a profile verification. Confirm your email and phone number, get your ID verified. This procedure guarantees the safety of your funds and identity. Once you are done with all the checks, go to the preferred trading platform, and start trading. 

  • How to start trading?

    If you are 18+ years old, you can join FBS and begin your FX journey. To trade, you need a brokerage account and sufficient knowledge on how assets behave in the financial markets. Start with studying the basics with our free educational materials and creating an FBS account. You may want to test the environment with virtual money with a Demo account. Once you are ready, enter the real market and trade to succeed.

  • How to withdraw the money you earned with FBS?

    The procedure is very straightforward. Go to the Withdrawal page on the website or the Finances section of the FBS Personal Area and access Withdrawal. You can get the earned money via the same payment system that you used for depositing. In case you funded the account via various methods, withdraw your profit via the same methods in the ratio according to the deposited sums.

Latest news

EURUSD: Seeking liquidity in weekly selling zones. Key intraday levels.

Bearish scenario: Sell below 1.0820 / 1.0841... Bullish scenario: Buy above 1.0827...

XAUUSD: In supply zone. How far to consider the next retracement?

Bearish scenario: Sell below 2200 / 2194 ... Nearest bullish scenario: Buy above 2197... Bullish scenario after retracement: Consider buys around each indicated demand zone

CAD: Markets Await GDP Release

During the Asian session on Wednesday, the USD/CAD pair rebounded after two days of losses, reaching around 1.3590. This uptick is fueled by a stronger US dollar and lower crude oil prices, which put pressure on the Canadian dollar. The decline in Western Texas Intermediate (WTI) oil prices to approximately $80.70 is attributed to...

Deposit with your local payment systems

Data collection notice

FBS maintains a record of your data to run this website. By pressing the “Accept” button, you agree to our Privacy policy.

Callback

A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Next callback request for this phone number
will be available in

If you have an urgent issue please contact us via
Live chat

Internal error. Please try again later

Don’t waste your time – keep track of how NFP affects the US dollar and profit!

You are using an older version of your browser.

Update it to the latest version or try another one for a safer, more comfortable and productive trading experience.

Safari Chrome Firefox Opera