Understanding Market Rollover and Its Impact on Trading.

Market rollover refers to the one-hour period when the Forex Market closes. During this time, certain currency pairs may experience price spikes and significant fluctuations. The occurrence and intensity of these fluctuations can vary from day to day. Market rollover typically takes place at 5:00 pm EST. It's important to note that you won't be able to close positions during this period.

To mitigate potential risks in the simulated environment, it is advisable to have your positions closed as the market approaches rollover time, unless you have sufficient room in your position to accommodate the fluctuations. If your positions are not adequately buffered, it is likely that stop losses and take profits may not be respected due to the rapid and volatile nature of the fluctuations. Additionally, you won't observe candle fluctuations during this time since the market is closed. However, when the market reopens, you may witness the impact of these fluctuations, although it may not always be the case.

It is crucial to avoid trading near the market rollover time. Furthermore, it is generally recommended not to trade during the London Open or NY Open, as these periods can also exhibit rapid movements that may trigger stop losses under similar conditions to market rollover. We acknowledge that trading during these times is not entirely prohibited. However, if you lack sufficient experience and knowledge, you may find yourself in losing trades in the simulated environment, feeling frustrated that your position exceeded your stop loss.

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