Overnight Trading Positions
Some of the trading terminologies can be a bit cryptic when you're new to futures trading. To help you out, let's clarify what an overnight trading position means. Simply put, it’s any open contracts that aren't closed out before the end of a trading day.
We want to ensure your positions are safely put away before calling it a night. So, our policy is straightforward - make sure to close all your trades by the end of the trading day.
How to Manage Open Positions
Remember, it’s your responsibility to review positions before the trading day ends and ensure no contracts remain open overnight.
Failure to observe this rule will result in account deactivation.
To help you out, here’s how you can easily keep an eye on your open positions in R|Trader Pro:
Start by logging into your Rithmic account using your username and password.
Once you're in, head over to the "Trader's Dashboard" section on the platform.
Next, simply right-click on your account, and you'll have two options: "View Positions" or "Recent Orders." Click on "View Positions" to check if you have any open positions before the market closes.
This way, you can relax, enjoy the rest of your day, and wake up with peace of mind!
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