Comment on Quarterly settlement of funds & securities

Matti commented on 24 Jul 2018, 07:10 PM

When you create a cover order, it’s a separate type of position. Once you buy, the SL is also placed. This SL would be triggered if the stock falls. In the meanwhile, if you’ve placed a separate sell order at 73, then that would have created a short position. This you’ll have to close manually. The best way to go about this, for your use-case, would be to monitor the cover order position and exit it once your desired profit is achieved, instead of placing a separate sell order.

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