Comment on Stop Loss orders - Limit/Market

Sandip_Chougale commented on 27 Jan 2013, 01:47 PM

Hello Sir,
In above post, You have mentioned that “BRACKET ORDER” is not allowed on Retails terminals. (Means I can’t place a single order for Stop loss & Target price. And also if any price order trigger other will not cancel automatically.) But this facility started by “Sherkhan” on retails terminals. It help to protect our Capital as well as Increase the winning % of the trades. What about Zerodha? Are you planning to launch it?
Also what is the current facility in Zerodha for above situation & how can I protect my Capital without maintaining separate margin for any 1 order. (placing Stoploss & Target orders at a time.)

I wanted to know the use of cover order. Can you please explain, how to use Buy/Sell cover order entry with simple example of BUY & SHORT SELL.
Awaiting for your quick & positive reply.
Have a good day… Happy Trading…!!!

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