Overnight risk
May. 26th, 2020 02:01 pm![[personal profile]](https://www.dreamwidth.org/img/silk/identity/user.png){kind=small}
ny_quantDay traders hate overnight risk so they tend to close their positions before trading ends. Indeed, all sorts of shit can hit the fan (e.g. in Asia or Europe) while you're sleeping, not to mention post- and pre-market earnings announcements. Below is great visual that illustrates how things work in reality.
