The Overnight Trade Product
Overnight Trade is Vector Ridge's short-horizon carry product. It publishes long and short cards intended to resolve over roughly half a session to two sessions, including the possibility of an overnight hold.
Overnight Trade sits between the hard same-session boundary of Day Trade and the multi-day habitat of Swing Trade. Each card publishes its entry basis, grade, state, active risk or protection, and expiry before the outcome is known.
The lifecycle
A card begins in an at-risk state. Favorable price action can confirm the move and change the displayed protection. The manager then follows its one-way lifecycle until a governing level or the product clock closes the card. Exact thresholds and manager constants remain proprietary.
Why overnight carry is different
An open card can cross a session boundary. That creates gap, earnings, and news risk while the market is closed. A displayed level is a research convention, not a guarantee that a subscriber can execute at that exact price after a gap.
Who it suits
Overnight Trade suits active subscribers who can review a card across a trading day or two but do not want every opportunity forced flat inside the same session. Users who cannot accept overnight risk should use a same-session product instead.
Evidence standard
Use the realized performance ledger for current evidence. Product pages explain the contract and limitations; they do not freeze favorable historical totals as if those totals were the current live record.
Can an Overnight Trade card remain open after the close?
Yes. Overnight carry is part of the product. The card's displayed state and expiry remain authoritative.
Does the public page reveal the exact manager?
No. It explains the lifecycle and risks while keeping thresholds, constants, source routes, and calibration private.
Is Overnight Trade the same as Rapid?
No. Overnight Trade is a horizon-defined product. Rapid is a separate high-activity feed whose cards display their own duration class.