Beyond Day Trading, holding a position beyond a single day
Greetings Ninja community.
I have attempted to find a solution on this simple issue on multiple fronts, and unfortunately have failed ceremoniously.
And need to ask for an advice.
I day trade every day utilizing 30min and 120min charts.
And on many occasions i wanted to extend my stay in the markets pass the closing bell into the next day.
And as luck would have it, each and every time,
the Ninja brokerage house have taken my entry out of its original price and re-entered it under the new entry price.
The new Entry price then becomes the prior day closing price.
Even though the original entry order is registered as the GTC order, and not the DAY order.
How do i overcome this ? Is this an issue of the chart or the broker not allowing to hold a position overnight ?
And yes, my account most definitely has enough equity to cover the margin cost.
Thank you kindly!
:-)
SandOrb
P.S.
attached is a chart showing a GTC order on the CL that i'm holding over into the next day,
the market is about to close the CL trading for Monday at 78.43
and somewhere near 15min before the market OPENS for a new Tuesday session
my original BUY entry at 77.92 will be replaced with a new BUY entry at the prior day close at 78.43
i will edit this post again to show an image as it happens...
new day, Newer Entry ??
what happened.....
I have attempted to find a solution on this simple issue on multiple fronts, and unfortunately have failed ceremoniously.
And need to ask for an advice.
I day trade every day utilizing 30min and 120min charts.
And on many occasions i wanted to extend my stay in the markets pass the closing bell into the next day.
And as luck would have it, each and every time,
the Ninja brokerage house have taken my entry out of its original price and re-entered it under the new entry price.
The new Entry price then becomes the prior day closing price.
Even though the original entry order is registered as the GTC order, and not the DAY order.
How do i overcome this ? Is this an issue of the chart or the broker not allowing to hold a position overnight ?
And yes, my account most definitely has enough equity to cover the margin cost.
Thank you kindly!
:-)
SandOrb
P.S.
attached is a chart showing a GTC order on the CL that i'm holding over into the next day,
the market is about to close the CL trading for Monday at 78.43
and somewhere near 15min before the market OPENS for a new Tuesday session
my original BUY entry at 77.92 will be replaced with a new BUY entry at the prior day close at 78.43
i will edit this post again to show an image as it happens...
new day, Newer Entry ??
what happened.....
Attached Files
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