Support Board
Date/Time: Thu, 23 Apr 2026 19:17:56 +0000
Definition of Overnight Trading and Day Trading?
View Count: 40
| [2026-04-23 13:39:06] |
| User479881 - Posts: 9 |
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Dear support at Sierra Chart, Please can you verify which of the following is true or not true: 1) Day trading (for Day margins) = trading between 09:30 - 17:00 NY time? 2) Day trading does not include hours from 18:00 to 17:00? 3) Overnight trading = will then be trading any time between 18:00 and 09:30 NY time?? 4) 'Overnight trading' only refers to when you let an open position continue to run overnight after 17:00 and into new trading day past 18:00? I've been demo trading the equivalent of 00:00 hrs to 06:00 hrs (NY time) (my time being 5am to 12 noon) - but now - I may have to change my wake up time to trade later so as to comply with margin requirements? Would be most grateful for your clarification of these terms, as I cannot find them in your Documentation. Thank you. |
| [2026-04-23 14:05:02] |
| John - SC Support - Posts: 45755 |
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You need to ask your broker about how they handle margins and the times associated with them.
For the most reliable, advanced, and zero cost futures order routing, use the Teton service: Sierra Chart Teton Futures Order Routing |
| [2026-04-23 15:15:32] |
| ForgivingComputers.com - Posts: 1215 |
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1. Day Trading Hours are 09:30 to 16:00 NY Time. Monday-Friday 2. Day trading does not include hours from 16:00 to 17:00 3. Overnight ("Globex") Trading Hours are 17:00 to 09:30 Sunday - Thursday 4. Holding a position from Day to Night means your margin requirements change as the market can gap more at night and is therefore riskier. If you don't have sufficient margin you may be forced to liquidate. Check with your broker. Yes, if you don't meet the margin requirements for the number of contracts traded, then you can either not trade during night hours, or reduce the number of contracts. Depending on the asset you could trade the micros instead of the minis. (e.g MES vs. ES) |
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