Zerodha Part 2

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There is nothing wrong in it...last traded price is 61.8 and you want to sell @ 50.5...so naturally you become the Best seller...so price is naturally triggered..

I suppose you had bought it and if you wanted to place a stop-loss order it should be at a higher price than 61.8 at least ..so rather you need to put a stop loss at somewhere above 65/66/67...depending on how much you are willing to loose...and if you are in profit..you can modify the trigger price and exit....

So there is nothing wrong in it...for putting a stop-loss for your buy order the stop-loss should be naturally above the last traded price at the minimum

Regards and Happy Trading:thumb:
Hi, I am totally confused now.

Please explain how to place the order for the call

Buy @ 54, target 75 Stop loss 44
I have purchased @54, now i want to place a stop loss @ 44 and increase SL by 5 points when ever the price goes up by 5 points.
So in this way the SL is always lessthan the LTP otherwise it becomes Limit order and if market crashes i will be in trouble.
 

Trader J

Well-Known Member
Hi, I am totally confused now.

Please explain how to place the order for the call

Buy @ 54, target 75 Stop loss 44
I have purchased @54, now i want to place a stop loss @ 44 and increase SL by 5 points when ever the price goes up by 5 points.
So in this way the SL is always lessthan the LTP otherwise it becomes Limit order and if market crashes i will be in trouble.
I saw your image, if current price 61, and SL trigger is 50.50, than click "Yes", your order will go throgh and it will executed when price will come down to 50.50, you can also modify Trigger any time (Shoudl be less than current price) if you want to tralling.....
 

augubhai

Well-Known Member
Zerodha,

I was migrated to Zerodha Trader yesterday. The migration was completed within a couple of hours of market close. That was quick. :clapping:

I think that Zerodha Trader starts up faster than NOW. That's great.

There was a SL-M order type in NOW. I do not find that in ZT. How do I enable it?
 

VJAY

Well-Known Member
Zerodha,

I was migrated to Zerodha Trader yesterday. The migration was completed within a couple of hours of market close. That was quick. :clapping:

I think that Zerodha Trader starts up faster than NOW. That's great.

There was a SL-M order type in NOW. I do not find that in ZT. How do I enable it?
Give them mail requesting to enable it :)
 
Zerodha,

I was migrated to Zerodha Trader yesterday. The migration was completed within a couple of hours of market close. That was quick. :clapping:

I think that Zerodha Trader starts up faster than NOW. That's great.

There was a SL-M order type in NOW. I do not find that in ZT. How do I enable it?
Even i donot have in menu, but if you right click any script in the watch window and goto action call you have the option "Place SL-M Orders" . But i have not used it .
 
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