Weekend Holding
Definition
Weekend holding refers to maintaining open positions from Friday market close through to Monday's open. Many prop firms prohibit this due to the risk of price gaps that could breach drawdown limits.
Holding positions over the weekend exposes you to gap risk — the difference between Friday's close and Monday's open. Geopolitical events, economic data, or natural disasters over the weekend can cause significant gaps that bypass your stop loss entirely.
Most prop firms either prohibit weekend holding entirely or impose it only during evaluation phases. Topstep and Apex require all positions to be closed before the daily cutoff, making weekend holding impossible. FTMO may allow it during funded phases but restricts it during evaluations.
If you do trade with a firm that allows weekend holding, reduce your position size significantly to account for gap risk. Your stop loss cannot protect you from a gap, so the full gap amount counts against your drawdown. PropJournal monitors your positions and alerts you if you have open trades approaching the Friday close deadline.
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