Need Help on Option-Target vs SL

[oi trader boi]

Hello Sir,I want to do option trading,basically a quick scalps with naked strike.
But there’s a small problem I’m facing.I have a very small account(50-60k).
If I buy say 3-4lots 8200 CE @ some price,I can either put a target order or SL order.
It needs full margin to place both the orders.
How to solve this?? I can use either target order or SL order.
Sir,If I use target order,I fail to protect my losses and If I use SL order,I fail to catch the profit quickly.

Pls guide on this.

 

[tradedatrend]

use bracket order

 

[oi trader boi]

use bracket order

I'm using NOW Zerodha,so no bo-co there.

Thanks for the reply.Atleast you replied out of 85 viewers.

 

[comm4300]

I'm using NOW Zerodha,so no bo-co there.

Thanks for the reply.Atleast you replied out of 85 viewers.

try MIS if you intend to day trade.

 

[oi trader boi]

try MIS if you intend to day trade.

I use MIS only.Intraday scalps only Sir.

But,My query is more about target order vs sl order.

 

[tradedatrend]

I'm using NOW Zerodha,so no bo-co there.

Thanks for the reply.Atleast you replied out of 85 viewers.

Change to any other Discount Broker offering Bracket Order.

No dearth of discount brokers, many of them offer BO

 

[praveen98]

I'm using NOW Zerodha,so no bo-co there.

Thanks for the reply.Atleast you replied out of 85 viewers.

Opt for Zerodha Trader(NEST)...there you can use BO ...

All the Best for your options scalp trades....:thumb: