Comment on Stop Loss orders - Limit/Market

Nagesh commented on 14 Mar 2015, 02:51 PM

Dear Zerodha,
Please clarifty me the below:-
For example, let’s say you are long 100 shares of XYZ Corporation. You bought the shares at $20, and now they are trading at $30 per share. You want to continue holding the stock so you can participate in any future price appreciation it may see. However, you also don’t want to lose all of the unrealized gains you have built up so far with the stock, and you would want to sell out of your position if XYZ shares fell to $25.

For the above Scenario, My Questions to you:-
1) In Zerodha Nest Trader, I will hit F2 Key, then What should be the
a) Order Type.
b) Tr. Price.
c) Price. for the above scenario…
Please be very specific as i lost nearly 1 lakh rupees. I hope you will enlighten us with right knowledge and won’t disappoint zerodha traders. Please answer me sir, please…..

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