{"id":50619,"date":"2020-04-19T15:40:59","date_gmt":"2020-04-19T07:40:59","guid":{"rendered":"https:\/\/www.swingfish.trade\/blog\/?p=50619"},"modified":"2024-08-07T07:18:45","modified_gmt":"2024-08-07T00:18:45","slug":"proprietary-trading-prop-weekend-rule-softened","status":"publish","type":"post","link":"https:\/\/www.swingfish.trade\/blog\/swingfish-updates\/2020\/04\/proprietary-trading-prop-weekend-rule-softened\/","title":{"rendered":"Proprietary Trading (prop) Weekend Rule softened"},"content":{"rendered":"<p>previously trading during weekends wasn&#8217;t allowed. as we can not control the exposure during closed markets.<br \/>\nthis rule will be softened to the following:<\/p>\n<p>Positions can be held during weekends if:<\/p>\n<ul>\n<li>they are REASONABLY Sized!<br \/>\nmeaning a large gap will not exceed the max or daily loss.<\/li>\n<li>Hedged Positions can be held with any size.<\/li>\n<li>no STOP or LIMIT orders of any type.<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p><strong>This change does affect ALL Account types.<\/strong><\/p>\n<hr \/>\n<blockquote><p>sizing is up to the trader, but if this is stressed, abused or overdone,<br \/>\nEnFoid will Terminate live account&#8217;s with no warning, regardless of the outcome on re-opening.<\/p><\/blockquote>\n<p style=\"text-align: right;\">make sure you <a title=\"\" href=\"https:\/\/www.enfoid.com\/prop\/rules\" target=\"_blank\" rel=\"noopener noreferrer\">read the updated Rules<\/a> in detail.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>previously trading during weekends wasn&#8217;t allowed. as we can not control the exposure during closed markets. this rule will be softened to the following: Positions can be held during weekends if: they are REASONABLY Sized! meaning a large gap will not exceed the max or daily loss. Hedged Positions can be held with any size. [&hellip;]<\/p>\n","protected":false},"author":240,"featured_media":30033,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[123,39],"tags":[82],"class_list":["post-50619","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-prop-trading-firms","category-swingfish-updates","tag-enfoid"],"_links":{"self":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/50619","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/users\/240"}],"replies":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/comments?post=50619"}],"version-history":[{"count":5,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/50619\/revisions"}],"predecessor-version":[{"id":50625,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/50619\/revisions\/50625"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/media\/30033"}],"wp:attachment":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/media?parent=50619"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/categories?post=50619"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/tags?post=50619"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}