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Not holding trade overnight


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  #1 (permalink)
 brakkar 
Paris + France
 
Experience: Advanced
Platform: SierraChart
Trading: NQ
Posts: 69 since Feb 2014
Thanks Given: 30
Thanks Received: 39

Hi,
trading ES on a broker such as Interactive brokers, I want to avoid holding a position initiated during the day into overnight to avoid the different margin requirements for overnight these brokers have.

So at what time (EASTERN) should I exit a position started in the day so I will not be considered to carry the position overnight?


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  #3 (permalink)
 tr8er 
Europe
Legendary Market Wizard
 
Experience: Advanced
Platform: SierraChart, BookMap
Trading: ES, CL, 6E, 6B
Posts: 689 since Jan 2017
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You have to ask your broker, some allow you to trade till 3:15 pm CT, others till 4 pm CT


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Last Updated on September 19, 2019


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