Comment on Bracket Orders & Trailing Stoploss (SL)

Nithin Kamath commented on 30 Apr 2014, 01:04 PM

1. Hmmm tricky to call, one of the big issues that we are facing today in India is the dying liquidity because of lack of retail participation. So selling/buying of big sizes can move the market very quickly. You can look at a glass half full or half empty, what I mean to say is that this is actually an advantage for retail traders like us, we can get in and out anytime, unlike an insti or big trader who can’t.

2. Very tough to draw any inferences unless the move continues in the direction..

3. There is always that risk with stop loss orders, in brackets stop loss is market, so when the trigger hits a market order is sent to exit the position, so it will get executed at whatever is the price available in the market.

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