Summary
MegaTrader prohibits swing trading to maintain platform risk stability, protect account performance, and ensure all traders operate within short-term trading windows. This policy is consistent across all account types and is strictly enforced.
What Is Swing Trading?
Swing trading refers to holding positions overnight or over multiple trading sessions in an attempt to capture extended market moves. Unlike intraday strategies, swing trades involve greater exposure to overnight volatility and unpredictable market gaps.
Why Swing Trading Is Restricted
MegaTrader’s infrastructure is designed for short-term, intraday futures trading. Swing trading introduces elevated risks and compliance challenges, including:
Overnight Gaps: Price changes outside market hours can bypass stop-losses
Platform Exposure: Increased volatility threatens overall platform stability
Delayed Risk Management: Risk controls may not execute until the next session, potentially breaching drawdowns
Trading Session Requirements
All positions must be closed before the end of the official trading session:
Session Close: 5:00 PM EST/EDT (MegaTrader’s trading day end)
Any position held past this time may violate platform rules and result in automatic account failure or restriction.
Consistency Across Plans
This policy applies to all plan types:
Growth Challenge
Elite Challenge
Funded Plan
Traders are expected to actively monitor and close their positions daily.
Best Practices
To stay compliant:
Monitor open positions as the 5:00 PM session close approaches
Use automated exits or alerts to prevent accidental holdovers
Avoid strategies that rely on holding through major news or overnight moves
Need Help?
If you’re unsure whether your strategy qualifies as swing trading or need assistance closing positions, contact [email protected] or message us via live chat.