Comment on Cover Orders - For Higher Leverage

lakshmihv commented on 13 Mar 2013, 06:18 PM

I do not want any extra leverage or margin than what is available in my account. Is there any way I can place an market buy order which squares of at a pre-specified gain or loss percentage. For example, assuming that the market buy order gets executed for a premium of 10000, I want to exit when it attains a specific value. Say, I want to exit when it reaches 10,500 (500 profit) or 9000 (1000 loss).

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