Prop trading accounts
What happens to a trader’s funded status if they accidentally leave an open position overnight in a day-trading-only account?
By Easy Money Scanner · Educational reference · Not investment advice
The short answer
Leaving an open position overnight in a day-trading-only funded account typically triggers automatic liquidation and can result in a rule violation or account termination.
How it works
Firms enforce this via automated flattening scripts before session close; repeated violations often lead to suspension per the individual account agreement.
An example
The platform force-closes a position at 4:59 PM ET automatically.
Risk & limitations
Penalty severity and auto-flatten timing vary by firm policy.
Examples are hypothetical, not trade recommendations. US contract and regulatory references do not automatically apply in Canada. Rules, margin requirements and broker policies can change; confirm them with the relevant authority and your broker.