CFDs are a leverage product and can involve a significant risk of loss. Trading CFDs may not be suitable for all, therefore you should ensure that you understand the risks involved and take into account your individual circumstances.
Trader's Glossary

Position Trader

Position traders are traders who are unconcerned with short-term fluctuations in price action, but rather seek to capitalise on primary trends. Position traders will tend to hold on to a security for months, or even years, in this respect they are the complete opposite of day traders. At this time scale technical analysis becomes less important than a thoroughgoing understanding of the fundamentals relating to the asset in question.