Holding trades overnight or over the weekend with CoveFunded depends on the phase of the trading program:
- Phase 1: No, trades cannot be held overnight or over the weekend.
- Phase 2: No, trades cannot be held overnight or over the weekend.
- Phase 2 Swing Account: Yes, you can hold trades overnight or over the weekend.
Each phase has different rules and restrictions, so it’s important to be aware of the specific guidelines for your current phase.
Overninght holding is allowed on all accounts at cove funded.
Weekend holding is allowed only on swing accounts and phase one accounts.