Blue Guardian defines its trading day criteria based on a uniform reset time of 5:00 PM Eastern Standard Time (EST). This reset applies across all trading-related calculations, including profit, loss, and open trades. Below, we provide essential details about the timing's impact on various trading activities.
Trading Day Reset Time and Criteria
The trading day operates on a fixed schedule:
Start Time: 5:00 PM EST
End Time: The following day at 5:00 PM EST
This timing ensures consistency for calculating daily profits, losses, and compliance metrics. Notably:
All trades opened after 5:00 PM EST will count toward the next trading day.
Impact on Trades and Profits
Open Trades
If a trade remains open beyond the reset time (5:00 PM EST), it will be included in the next trading day’s calculations:
Such trades will contribute to the subsequent day's daily profit or loss reporting.
Profits and Losses
Profits booked after 5:00 PM EST will be categorized under the new trading day:
For example, a trade closed at 6:00 PM EST on Monday is considered part of Tuesday’s trading session.
This distinction ensures accurate profit and loss assessments.
Trade Counting and Compliance
The reset time establishes qualifying trading days, critical for meeting activity-related requirements, such as minimum daily trades.
Why 5:00 PM EST Is Important
The fixed reset time aligns Blue Guardian with broader market practices, creating a standardized schedule for users in all time zones. The dashboard also resets at this time, reflecting the transition into the next trading day.