To hold it overnight or not

I

innovest_11

It is really a guessing game, i really not sure whether to hold it overnight, any one has any guideline/rule, whether to hold stock overnight?
 
stock overnight

NNNNNNNNNNNNNNNNNNOOOOOOOOOOOOO

clear enough for ya

you can hold futures and fx overnight and use stops

but stocks, Jesus H, everyone wants to be a trader

can't blame people, financial advisors suck big time
 
Quote from innovest_11:
any one has any guideline/rule, whether to hold stock overnight?
More...
Yes, a very simple one: If you're leveraged > 1 across your account then do not hold overnight _UNLESS_ you hedged yourself with OTM options. Stocks: You are long/short stocks worth more than your account liquidation value. Futures: You are long/short contracts at a value (contract price x point value x # of contracts) greater than your account liquidation value. Obviously, common sense is required when trading highly correlated stocks/contracts (e.g. ES & YM etc.) as opposite positions in such instruments can help offset overnight risk.
 
I do.

The first question is will or do you make money doing it?

If so the answer is yes, if not then no.

The second question is (if you are just starting and figuring it out) if you are a trader like most people on here then your probably more short term and you want to liquidate every day. If you are a longer term trader like myself, then you may hold them for hours, days or weeks.

Cheers,

Alien.
 
Quote from innovest_11:

It is really a guessing game, i really not sure whether to hold it overnight, any one has any guideline/rule, whether to hold stock overnight?
More...
If your trading plan was for day trade you should not hold over nigh
 
I always try to be hedged in my positions

a few yrs ago I had a very expensive
chinese meal thanks to a small ENRON option position held overnight

( don't worry ... it was a nice meal but not worth the 1K loss )

:p
 
You must log in or register to reply here.
Back
Top