This refers to the one-hour period when the market closes, typically at 22:00 UTC. During this time, spreads can increase significantly, which may cause issues in maintaining positions. You may not be able to close positions effectively at this time.
It is advisable to close your positions before the market close or ensure you have sufficient margin with your stop losses to handle spread volatility. Your stop losses and take profits are unlikely to be respected during this period.
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High risk investment warning: Online trading on margin carries a high level of risk and may not be suitable for all investors, as you could suffer losses in excess of your deposits. Products are intended for retail clients, professionals and eligible counterparties. For clients who maintain account(s) with Dunomik, retail clients may suffer a total loss of funds deposited, but are not subject to subsequent payment obligations beyond the funds deposited and professional clients may suffer losses in excess of deposits. Before marketing any product offered by Dunomik, any affiliate of the above firms, or other firms within Dunomik, carefully consider their financial situation and level of experience. Dunomik may provide general comments which are not intended as investment advice and should not be construed as such. Seek the advice of an independent financial advisor. Dunomik assumes no responsibility for errors, inaccuracies or omissions; does not guarantee the accuracy, completeness of the information, text, graphics, graphics or other information provided.
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