Overnight

An open position which is transferred to the next day. Sometimes positions are left overnight in an attempt to earn money from the interest rate differential on a long position on the higher-yielding currency. Swing traders and position traders who leave positions open for days and weeks at a time, leave positions overnight by virtue of their trading styles. Intraday traders do not leave positions open overnight.

By |2018-09-04T14:46:26+00:00September 4th, 2018|0 Comments

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