Comment on Cover Orders - For Higher Leverage

Nithin Kamath commented on 02 Dec 2014, 10:05 PM

In cover order, it will be considered as 1 transaction for buying and 1 transaction for selling.

In Bracket order, since everytime a trade happens a new SL and target is placed, your entry will be considered as 1 transaction for brokerage, but your exit will have 10 different SL/Target and hence brokerage will be considered as 10 separate transactions. Check this post for bracket.

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