Comment on Cover Orders - For Higher Leverage

Suriyakumar Jayabal commented on 24 Sep 2014, 10:39 AM

Quote from Hanan in above post
“The important point to note about modifying SL for CO is that it should be below your Buy price for a sell SL or above your Sell price for a buy SL.”

Quote from Hanan in above post
“The part where we should be able to modify above the entry price is not really functional right now. I’d suggest you use the Bracket Order functionality which gives you the opportunity to trail your stop loss.”

I entered a CO order today by selling some shares today @ 299
I was in profits since the current market price fell down rapidly after that.
I tried to modify the cover orders stop loss trigger to profit zone, i.e I had set the trigger below my entry Sell Price i.e 295
Yeah it works!

What should I infer from your comments above?
Is the functionality to modify cover order’s stop loss into profit zone has been added recently?
Thanks if it is so.

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