How it works
Most people know the stock market closes at 4 p.m. ET, and some are aware that they can trade in the after-hours session until 8 p.m. However, there are also nearly round-the-clock markets for futures, futures options, and currency products available to qualified account owners.
Overnight Market Trading
The E-Mini S&P 500 (/ES), Micro E-Mini S&P 500 (/MES), E-Mini Nasdaq-100 (/NQ), E-Mini Russell 2000 (/RTY), and E-Mini Dow Jones Industrial Average (/YM) trade on Globex, CME Group's all-electronic trading platform, and are among the highest-volume after-hours products
For traders using ThinkorSwim, these futures contracts are accessible through the platform’s futures trading section, providing nearly round-the-clock market access.
In the U.S., for /ES, /MES, /NQ, /RTY, and /YM, the trading session begins on Sunday at 6 p.m. ET and ends at 5 p.m. ET the following trading day. This schedule repeats throughout the rest of the week until Friday at 5 p.m. ET, when trading closes until the Sunday night open.
Potential opportunities in overnight trading
Overnight trading in the futures markets can provide potential opportunities to take advantage of news events that happen while the U.S. equity markets are closed, but it can also bring risk of lower liquidity with lower trading volume and wider bid-ask spreads.
When watching for potential overnight trading opportunities, consider following news and announcements from the European Central Bank (ECB) and the Bank of Japan (BoJ), as well as China's economic reports, most of which are scheduled ahead of time just like in the United States.
Some traders also look for market-moving news out of Asia when the Tokyo Stock Exchange opens at 8 p.m. ET and in Europe when the London Stock Exchange opens at 3 a.m. ET.
Our ConciergeInvestor.com website has set up a "Passive Trading System" using our Algorithmic trading systems for Passive Day Trading where an Autopilot is used for exercising your overnight trades.
Steps Required:
Step 1: Future Subscribers would need an account with Charles Schwab & Co (no affiliation) where one would have access to their Think or Swim platform for trades to be placed. For your convenience, here is the phone number of a Charles Schwab branch which you can call to set up an account and you can ask for either Marina or Steven: 407-909-0485. You can say that you were directed to them by the Concierge Roundtable Overnight Globex Service.
Step 2:We suggest you place stop orders according to your risk level. Our conservative approach uses stop orders to ensure no more than a potential $100 loss on a one-unit trade gone wrong.
- If trading the Micro E-Mini S&P (/MES) or the Mini Dow Jones (/YM), our approach is to use a 20-point stop loss order under our buy price or above our sell price.
- If one is trading the Mini S & P 500 (/ES) or the E Mini Russell 2000 (/RTY) using our Algorithmic systems our approach is to use a two-point stop below our buy price or above our sell price for this potential $100 loss on a one-unit trade.
- If trading the E Mini Nasdaq 100 (/NQ) our approach is to use a five-point stop loss order under our buy price or above our sell price.
If a subscriber is stopped out of a losing trade, we anticipate that our subsequent signals should offset any losses during the nighttime trading session.
Step 3: Our Action Alert strategy is designed to generate both a buy price and a sell price based on Support and Resistance buy and sell resistance levels configured by our Algorithmic trading analysis. Ideally, your trades will either buy low at support and sell high at resistance or sell high at resistance and or buy low at support. It is also possible that just one of those trades will execute positively and the other would not execute and profits should be taken by 8:00 AM the following morning and non-executed trades cancelled.
Step 4: Rarely but at times, no trades are executed at our price suggestions often based on some geopolitical reason overnight. In this case, we would wait for the following suggested trades the next evening.
As previously mentioned, this trading concept is based on making trading profits while you sleep. There is no need to stay awake looking at your computers and/or following technical indicators for buying or selling Futures. Simply follow our trades and “set it and forget it” until the following morning.
Remember, this is an advanced trading technique where our algorithmic trading systems have shown to be able to forecast buy and sell target prices in advance. Obviously, past performance is not indicative of future results and we take no responsibility for subscribers not following our suggested stop loss strategy. Please read our disclaimer below.
Disclaimer: All TRADING involves high risk and YOU can LOSE a substantial amount of money, no matter what method you use. All trading involves high risk; past performance is not necessarily indicative of future results. This is not a prospectus; no offer on our part with respect to the sale or purchase of any securities is intended or implied, and nothing contained herein is to be construed as a recommendation to take a position in any market. It is possible that at this date or some subsequent date the officers, directors and/or shareholders of Institute of Wall Street Studies and its affiliates own securities, or buy or sell securities mentioned in this publication or those not so mentioned. The intent of the information supplied to SUBSCRIBER is for instructional purposes only. The information supplied to SUBSCRIBER is intended to be purely educational. The material presented herein has been obtained or derived from sources believed to be accurate, but we do not guarantee its accuracy. There have been no promises, guarantees or warranties suggesting that any trading will result in a profit or will not result in a loss. SUBSCRIBER is responsible for their own actions regarding any trading. All proprietary technology in the Concierge Roundtable website is owned by Peter Bruno and his family.