Comment on Stop Loss orders - Limit/Market

rajat commented on 04 Nov 2016, 01:38 PM

Hi, Thank you for your time. I know how SL/SL-M works in general. But whenever I place a SL-M buy order, It shows me that order type is Limit. SL-M/SL orders not executing at first. So several times I missed the trigger point I have selected. So I called up Zerodha Costumer care, they explained me that SL-M/SL orders can only be placed when there is already executed Limit order. On the Limit buy order I have to place separate SL-M/SL exit order should.
Is this how it works? every time I have to Place separate SL-M/SL exit order?

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