Comment on Stop Loss orders - Limit/Market

Abhinay commented on 03 Dec 2013, 03:46 PM

Hi Nithin,

I have a trading account with zerodha and i use ZT for trading in equity and futures. I have a query regarding placing a stop loss order for short selling a scrip. lets suppose there is a sctock which is currently trading at 101 and I wish to place a stop loss order at 100 using SL-M so that my short sell order gets executed when it touches 100. But when i place this stop loss order it gets executed at the current price of 101. Could you please explain with the help of my example how to place a short sell order which in my case gets executed only when the price drops to 100.

Regards,
Abhinay

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