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Re: Holding overnight positions
If I have a huge profit and I expect follow through the next day then I may hold a position overnight but I will not sleep much. Rule number 3 (or so) is to never let a winning trade turn into a loser. There is nothing worse than waking up to a huge adverse price move and having to race to your desk to get out.
During normal hours you can expect normal things. When you hold overnight anything can and will happen. Position trading is one thing, but if you are trying to turn a day trade into a position trade then you are asking for trouble.
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