{"term":{"slug":"weekend-holding","term":"Weekend Holding","definition":"Keeping trading positions open from Friday market close through Monday market open. Weekend holding carries gap risk because markets can move significantly over the weekend due to geopolitical events.","extendedExplanation":"Weekend holding is a subset of overnight holding and carries additional risk because the weekend gap can be much larger than an overnight gap. Markets are closed for approximately 48 hours over the weekend, and any major news during that time can cause a significant price gap on Monday open.\n\nMost futures prop firms (TopStep, Apex) prohibit weekend holding. Forex-focused firms are more lenient -- FTMO, FundedNext, and The5%ers all allow weekend holding. This is because forex traders are accustomed to managing weekend gap risk.\n\nFor traders who use weekend holding as part of their strategy (e.g., holding a position initiated on Thursday for a weekly timeframe play), firm selection is critical. Being forced to close on Friday and re-enter on Monday adds transaction costs and creates the risk of entering at a worse price after a gap.","exampleWithNumbers":"The5%ers $100K forex account: you buy GBP/USD at 1.2650 on Friday. Over the weekend, unexpected election results cause GBP to gap down. Monday open: 1.2550 (100 pip gap). With 2 standard lots, you are down $2,000 on open. With a 4% max drawdown ($4,000), this single gap consumed 50% of your total drawdown room.","category":"trading","relatedTerms":["overnight-holding","news-trading-restriction","position-sizing","stop-loss"]},"_links":{"self":"https://runvigil.app/api/glossary/weekend-holding","page":"https://runvigil.app/learn/weekend-holding","allTerms":"https://runvigil.app/api/glossary","learn":"https://runvigil.app/learn"}}