Comment on Cover Orders - For Higher Leverage

ManojS commented on 31 Aug 2013, 09:29 AM

biggest issue I found with cover order.

Example: short a stock @ 312, placed stop loss @ 318
When the price went to 304 I wanted to modify my stop loss to 309 but it did not allow saying stop loss should be above buy price. Though LTP is quoting @ 304 so when trade goes in your favour still you cannot lock in profit.
There is no other option than to quit position.

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