To hold or not to hold trade during week-end?

What platform or brokerage company do you use may I ask

I personally close all my positions on a Friday afternoon, allows me to enjoy the weekend and spend time researching on the following weeks strategies

I think you must enjoy the weekend and take rest from work. Personally i didn't hold any work on weekend.

Divide a trade into two one close for weekends and let the other go through them. You will equalize the chance to win or lose from that practice. I often make it in my Hotforex platform, but note that the same thing may be forbidden by your broker..

Personally I prefer to rest over the weekend so I close all positions on Friday night

there are times that i leave my trades over the weekend given there is enough to hold on, some trades last for weeks even. but yeah its better to make sure with your broker if they allow it, i do trade with hotforex too

What I do is:
if my position should be monitored and closed by H1 chart, according to my strategy, then I will close it before weekend. And at the beginning of next week, I may re-open the position, if necessary.
if my position should be monitored and closed by D chart, according to my strategy, then I will let it be during the weekend. Just ignore the weekend and adhere to my strategy only.

For H4 chart, I do not use it. Maybe H4 is more like H1 than D chart.

Since I started to hold positions through weekends, I have started to realize horrible weekend spreads from my broker. Weekend on the 5 July was the weekend before Greece referendum. I'm not sure yet if other weekends are having similar wide spreads, I will continue to observe.

Instead of closing the positions, I'm thinking to hedge all positions. Have anyone been doing this and mind to share your experience?

From the screenshot, my broker has widened spread of 100 - 200 pips for certain pairs. Hence, I'm thinking if I hedge ALL Positions before end of the week, would it be more beneficial than closing it? I can lock my positions and unlock it on Monday when the spreads are more stable.

How are other brokers doing on weekends?

In my opinion, I think it depends. If you are trading with low leverage, then I don't see anything wrong with holding over the weekend. Gaps are a part of trading. They are not a big deal to me unless I am highly levered. If I am trading off the daily chart, then my leverage is very low and I am not concerned about a gap here and there against my position.

However, in such cases it is necessary to check the balance of margin on account to avoid liquidation of positions due to adverse price movements against your position. Due to the gap of course... I follow next rule: If the order is in plus, but did not reach the expected take-profit, it is better to close it down, otherwise on Monday there may be minus, it is very likely.

Should I or should I not hold trades during weekend – that's a question that lots of traders ask themselves. And on Friday evening that is a common question. Because it's always a pity to close a promising trade. But everything can change on Monday when the market is opened and the trade that was looked good on Friday, can play against you on Monday. And we should thank gaps for it. And after news are being published, these gaps can reach up to 100 points and even more. And I can see this price difference both on 1M and 5M charts. On weekend there may occur a range of events that would influence the market open on Monday. So you can earn a lot on this price difference, but at the same time you can also lose a lot. That depends on your trading style and tactics.

For example, if you prefer long-term trading, then these gaps would have a little impact on your trading. As here charts of D1 timeframe are being used. Stops and targets are calculated by more than one hundred points. So price gaps have already been considered in this trading strategy. If you use a short-term strategy within 1-2 trading days, then such a gap can not only spend your profit, but also bring you losses.

There are intraday trading schemes. Its name says it all. You shouldn't hold a trade even for a night here. Which means that you need to monitor market condition all the time, so that you could close a trade in case of unexpected turn of events.

There are surely trading systems based on gaps. These systems just won't be able to bring profit in case there are no price gaps.

As I prefer short time trading, I try to close all trades during a day. If it happens that I need to hold a trade for a night or weekend, then I hedge it and fix profit with a use of lock, and we will see what would happen on Monday.

As I said it all depends on your trading system and psychology. But when your profit is hedged or fixed, you cannot but agree that your weekend will be calm. And you will not be confused on Monday

Yes I agree. I was definitely talking from the perspective of someone trading a daily chart time frame. Gaps are very minor on this time frame and would have no real impact. When I am trading intra-day I don't hold overnight at all. On the other hand, someone trading an hourly chart and holding overnight could be in a world of pain. It's definitely strategy dependent.