Comment on Stop Loss orders - Limit/Market

Shikha Gupta commented on 22 Jun 2016, 08:59 PM

Hi Nitin,
As I understood in SL-M price type both the entry & exit price will be market price means we do not have any control over prices, it seems more similar to the CO except for higher margins. This doesn’t solve my concerns since I am trading on a very low price spreads & following this order type will eat up my all profits & put me into loss when doing trade in higher quantities.

Is there any way if we can control any of the entry or exit price with automated SL since I do not follow the manual SL also in expectation of price will move into my favor.
Do you have any solution on this, please note that I can trade thru web platform only due to the firewall restrictions.
Thanks for your help
Shikha Gupta

View the full comment thread »