PropShopTrader only supports day trading for all accounts. This means all active positions must be closed daily by 4:45 pm EST. At this time, any open trades will automatically be liquidated by our system to ensure compliance with day trading rules.
Important to Note:
- No Overnight Holding: Positions cannot be held overnight. This aligns with our program’s focus on day trading and prevents the potential risks associated with holding trades during non-trading hours.
- Automatic Liquidation: If you don’t manually close your positions by 4:45 pm EST, the auto-liquidation feature will automatically close all open trades at this cutoff time.
- Risk Management: Day trading requirements help maintain consistent risk management practices, allowing for structured trading within each day’s trading hours.
This structure ensures that all traders remain within the boundaries of day trading, maintaining uniformity and controlled risk across evaluation accounts.