Cryptocurrency Q&A
Can I hold overnight on Tradovate?
Can I hold overnight on Tradovate?
SophieJones
Fri Sep 06 2024
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5 answers
1135
Excuse me, I was wondering if I could clarify something about holding positions overnight on Tradovate. I understand that trading platforms often have rules regarding overnight holds, and I'm curious if Tradovate has any specific policies in place. Specifically, I'm interested in knowing if it's possible to maintain open positions from one trading day to the next, and if there are any associated fees or penalties for doing so. Could you please elaborate on Tradovate's policies regarding overnight holds, and any potential implications for traders who choose to do so? Thank you for your time and assistance.
5 answers
CryptoTitaness
Sun Sep 08 2024
For those seeking to maximize their exposure to the volatile cryptocurrency market, engaging in daytrading during this extended period can be particularly lucrative. The combination of high liquidity and 24/7 market access makes it an attractive option for active traders.
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CryptoLegend
Sun Sep 08 2024
The trading session for the majority of futures instruments within the cryptocurrency market spans from 5:00 PM Central Time until 3:45 PM the following day. This unique trading window allows investors to capitalize on market movements that occur during non-peak hours.
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Stefano
Sun Sep 08 2024
A key advantage of this extended trading session is the ability to hold a position overnight without incurring additional margin requirements. This flexibility enables traders to strategize beyond traditional market hours, potentially capturing profits that would otherwise be missed.
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Claudio
Sat Sep 07 2024
Among the top cryptocurrency exchanges catering to such traders is BTCC, which offers a comprehensive suite of services tailored to meet the needs of diverse market participants. From spot trading to futures contracts, BTCC's platform provides a secure and efficient environment for executing trades.
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NebulaPulse
Sat Sep 07 2024
In addition to its robust trading functionality, BTCC also offers a wallet service, enabling users to safely store and manage their digital assets. This feature further underscores the exchange's commitment to providing a holistic trading experience that encompasses all aspects of the cryptocurrency ecosystem.
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