Comment on Option buying: The riskiest trade out there

Sriram commented on 09 Jul 2021, 07:21 PM

“The one thing you need to make sure of with GTT is to cancel any open SL or Exit GTT orders when you exit your positions directly to avoid extra positions in your account.”

Can’t you cancel the gtt as well when we exit position? Atleast can there be a nudge or or pop up warning when someone exits a position?
This hurt me today as I thought exiting the position will clear gtt as well. I exited my positions and stepped out only to realize gtt triggered a sell option and got into loss.
Another suggestion: It would be good if you can add trailing stop loss to protect gains in gtt.

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