How can set stop-loss in sharekhan?

How can set stop-loss in sharekhan?

Steps to place stop-loss orders in Sharekhan Login to the Sharekhan website, mobile app, or Trade Tiger. Add your favorite stock to the watchlist. Select “Stop-loss” and enter the trigger price at which you want to place a stop loss (SL) order. Confirm the order and you’ve successfully put SL order.

How are stop-loss orders placed?

Stop-loss orders are placed by traders either to limit risk or to protect a portion of existing profits in a trading position. Placing a stop-loss order is ordinarily offered as an option through a trading platform whenever a trade is placed, and it can be modified at any time.

Can I put stop-loss after order?

A stop-loss order is an order placed with a broker to buy or sell a specific stock once the stock reaches a certain price. A stop-loss is designed to limit an investor’s loss on a security position. For example, setting a stop-loss order for 10% below the price at which you bought the stock will limit your loss to 10%.

Is stop-loss one day valid?

Note: A stop loss order is valid only for a trading day. If your stop loss order is not triggered during the trading day, it shall lapse automatically at the end of the trading session.

What is a stop-loss order example?

A Real World Example of a Stop-Loss Order A trader buys 100 shares of XYZ for $100 and sets a stop loss order at $90. The stock declines over the next few weeks and falls below $90. The traders stop order gets executed and the position is sold at $89.95.

Is stop-loss necessary?

Stop loss is the level of a stock price where investors/traders should sell an equity or commodity to limit their loss. Many players stay invested in a scrip even when it is falling with a view that they will sell it when the stock rises to the level at which they bought it, to cover their losses.

What is trailing stop-loss in Sharekhan?

Trailing stop-loss order is a feature for the users whereby the user will be able to place a stop-loss order, which can be trailed to maintain the precise price below or above the market price.

Which is better stop-loss or stop limit?

The Bottom Line. Stop-loss and stop-limit orders can provide different types of protection for both long and short investors. Stop-loss orders guarantee execution, while stop-limit orders guarantee the price. U.S. Securities and Exchange Commission.

Can Stop losses fail?

A stop-loss can fail as a loss limitation tool because hitting the stop price triggers a sale but does not guarantee the price at which the sale occurs. We see this often when the stock opens at a substantially lower price, but it can happen intraday as well.

Can I place stop-loss overnight?

You can today after 6.30pm place an after market order for tomorrow. But all such orders get canceled by the exchange end of the day. So you have to place it once again the next day.