Having a basic understanding of the forex market will help you reduce guesswork. These factors are often responsible for large chart trends. In addition to many other tools, the forex news indicator can help them understand their fundamental analysis. In addition, position trading requires a large number of funds in the account. Since they would be trading longer time frames, there would be more pips at risk. Thus, the stop loss should provide plenty of room for the market to move. Furthermore, a position trader's patience should be greater than their account balance. Transactions can take weeks or months.