I thought this would be an interesting discussion.
I have been day trading ES, NQ, and YM being flat at 4:00 PM EST leaving no open positions. There are a whole list of reasons why traders do it this way. Way lower margin requirements, no overnight crazy news to effect your positions, etc....
I am starting to wonder if holding for longer periods makes sense. This would be more of a short term trend following approach, holding contracts for anywhere from 1 - 6 days, and the occasional hold for 18 days.
Who has experience with this? What are your thoughts?
From my personal experience, trading the day is easier...all the collective variables are somewhat predictable and manageable.
The added element of time makes that scenario extremely, highly ambiguous -- and essentially becomes just gambling now, for me.