What are Stop loss orders?
- A stop-loss order is a buy/sell order that can help you limit your losses in case the prices move against your trade.
- If you are buying a stock, then you will have to add a sell stop-loss.
- If you have to sell a stock, then you will have to add a buy stop-loss.
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How to place a Stop Loss order?
A stop-loss order is usually placed to minimize losses on a position. It allows you to place an order only when the market price of the stock reaches or crosses a specified price point also known as the ‘SL Trigger Price’. There are 2 types of ...
What does "Stop Loss" and "Target" mean?
Stop loss is the price at which you should sell your stock and book the losses. Target price is the price at which you should sell your stock and book the profit.
Will I be notified if a Stop Loss or Target is achieved?
A pop-up notification is sent to your device when a Stop Loss or Target is achieved. You can also open the navigation drawer and click on the bell icon to and view all Stop Loss and Target messages.
Will I be notified if a "Stop Loss" or "Target" is achieved?
Yes, a pop-up notification is sent to your device when a Stop Loss or Target is achieved.
How can I place GTT orders?
GTT orders can be placed either on a stand-alone basis or along with a base order. Steps to place a stand-alone GTT order: Select the stock you want to place the GTT order. Visit the company page and click on more options beside the sell button. You ...