A long-term position trader can hold for weeks to years. If you look at his transactions, he almost look like a value investor. What is the difference between the two?
The reason they buy or sell..... Low PE or strong 12 Month RSI for example. Value guys would buy more on a pullback, position traders should sell when stops are hit. Of course the old joke is a value investor is a trader who is sitting on a loss they don't want to cut...