Queries on SL-M order

#1
Hello,

Im a beginer and have few queries on stop-loss orders in zerodha.

1. When i buy a equity with SL-M (stop-loss market), will the equity be sold automatically when the stock goes below trigger price or should i place a sell SL-M order after buying it.

2. if i seperately place a selling SL-M order, Should i place ir everyday or is it a one time order.

3. where do i find the history of my orders in zerodha kite, in case i want to modify my selling trigger price at a later date.

Thanks
 

vijkris

Learner and Follower
#2
Hello,

Im a beginer and have few queries on stop-loss orders in zerodha.

1. When i buy a equity with SL-M (stop-loss market), will the equity be sold automatically when the stock goes below trigger price or should i place a sell SL-M order after buying it.

2. if i seperately place a selling SL-M order, Should i place ir everyday or is it a one time order.

3. where do i find the history of my orders in zerodha kite, in case i want to modify my selling trigger price at a later date.

Thanks
bro, i suggest u to read zerodha varsity section for detailed understanding of different type of orders.

Q. are u talking abt Cover order or normal order?

regarding your queries - if u buy using SL-M, then after buying u hav to put new sell sL-m order, provided u have not used CO.

all pending orders is cancelled EOD.
see orderbook for modification etc.
 

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