Comment on Stop Loss orders - Limit/Market

Bharath Raju commented on 19 May 2015, 09:52 PM

Greetings Nithin and Team,

I have been trading for some time with Zerodha now using mobile app and I really do not know how do I place target sell order and stoploss sell order on this app, or for that matter on the HTML trader as well…I was told initially that I have to place 2 orders, i.e., one as a target sell order and one as stoploss sell order and have to manually cancel the other…but the problem I faced when trying to do is that once I place target sell order, the stoploss sell order is taken in as shortsell order and gets rejected citing margin exposure exceeds cash balance…..I would really love someone to clarify on this…and would help me a great deal in booking profits as I trade only options where I have to act very quickly to cease an opportunity.

Thanks much in anticipation….

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