Comment on Cover Orders - For Higher Leverage

Surinder commented on 21 Mar 2013, 05:51 AM

Really a good one.

However, I was not able to Trail my SL beyond cost price. I bought BNF at 11308, with SL of 11250. So far so good. Now price started moving in my direction, and is trading in the range on 11380. I want to modify my SL to 11340 ( to cover my cost). However, I got error, that SL can not be above cost price. However, I was able to place SL at 11307. By placing SL at 11340, I am indeed reducing risk, and I think it should be allowed.

Please consider this.

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