Gap trading is not permitted on any 10-Four account.
Gap trading refers to opening positions shortly before a market closes with the intention of benefiting from a price gap when the market reopens.
The following is not allowed:
• Opening trades within two hours of market close when the market will remain closed for two or more hours
• Positioning ahead of major scheduled events with the intent to exploit potential reopening gaps
Example:
Opening a position shortly before Friday’s close to capture a potential Monday gap is prohibited.
Any trades placed within the restricted window with the intent to exploit expected price gaps may be considered a violation of our rules.
Accounts engaging in this practice may face termination and forfeiture of payouts.
Our model rewards structured trading — not exploiting market closures.