Comment on Bracket Orders & Trailing Stoploss (SL)

rohitpatil commented on 24 May 2014, 06:56 AM

Nitin Sir,

yesterday i shorted nifty 20 lots in BO.
AS the order is bigger it got split.(i.e. not executed one time).

My query:

1. First of all i shorted at 7314 though it was a limit order i got none at 7314.
it all split in 7312 and 7313.

i can understand this happening for market order but why this happened in case of limit order.?

2. while squaring off the order before the target i selected all the pending orders from the order book and pressed Exit.

As the order is split while buying it had 11 orders while squaring.
actually as i placed one order so it should have been treated as one order.

The brokerage incurred is on 12 trades i.e. 120 Rs.

Sir don’t u think there is some problem?

actually if bigger order gets split it places separate order of SL and Target. Eventually At the exit it increases the no. of trades and due to it the brokerage.

waiting for your reply and the Resolution.
Thanks

View the full comment thread »