Clients with day trading accounts are not permitted to hold positions during the market rollover period, which occurs daily from 5:00 PM to 6:00 PM EST. All open positions must be closed at least five minutes before 5:00 PM and can be reopened after 6:00 PM EST. This rule also applies to accounts with the weekend trading add-on. Additionally, all positions in these accounts must be closed before the market closes on Fridays at 5 PM EST each week unless they are purchased with the weekend trading addon.
Traders with Swing Trading accounts may hold positions overnight and over the weekend, providing greater flexibility for longer-term strategies. However, it is important to note that Swing Trading account holders cannot open or close positions over the weekend unless they have subscribed to the Weekend Trading Add-On.
Please note that the weekend ends on Monday at 00:00 EST.
New Policy Update:
If a trader opens a position during the weekend without the Weekend Trading Add-On, the account will no longer be hard breached. Instead, it will be reset to Stage One of the challenge.