Need Help with Angel Broking Web Terminal. How do I set a stop loss and target?

gauharjk

Well-Known Member
#1
Dear friends and traders,

I have not been able to find a way to set a stop-loss on Angel Broking web terminal.

Is it possible to simultaneously set a target price on the upside and a stop-loss on the downside for a script on Angel Broking terminal?

Are there other specialized trading software that can be used instead of Angel Broking web terminal? How can I access the 5-minute, 15-minute and 60-minute chart that many traders talk about?

Please help.

Cheers!
 

gauharjk

Well-Known Member
#2
Would I be able to buy and sell securities and futures on Angel Broking account using paid 3rd party software?
 
#3
Dear friends and traders,

I have not been able to find a way to set a stop-loss on Angel Broking web terminal.

Is it possible to simultaneously set a target price on the upside and a stop-loss on the downside for a script on Angel Broking terminal?

Are there other specialized trading software that can be used instead of Angel Broking web terminal? How can I access the 5-minute, 15-minute and 60-minute chart that many traders talk about?

Please help.

Cheers!
even I want to know this, how can we set up SL and target together,(Trade tiger in my case)
 

alroyraj

Well-Known Member
#4
Dear friends and traders,

I have not been able to find a way to set a stop-loss on Angel Broking web terminal.

Is it possible to simultaneously set a target price on the upside and a stop-loss on the downside for a script on Angel Broking terminal?

Are there other specialized trading software that can be used instead of Angel Broking web terminal? How can I access the 5-minute, 15-minute and 60-minute chart that many traders talk about?

Please help.

Cheers!
It is possible,however you need to have higher capital allocated for this purpose.
Say you trade nifty futures,it requires 30k,so assume you have bought it. To placing a sell order blocks 30k so in order to have another sell order you need another 30k in capital. This is because you need to place two sell orders: one for the target another for the stop loss.
What you can do meanwhile is to have a stop loss ready entered immediately after you enter the buy order. When it is in profit modify it to the profitable exit price until that is entered the stop loss price is active.

Angel does have many terminals,among them the Odin terminal gives these 5 min, 15 min and 60 min. Indiabulls too provides these features. However for better trading having the ability to view these simultaneously Sharekhan Trade Tiger provides these multi time frame charts.
The main issue is to find high probability trades. Reading the market sentiment is important too. Keeping up to date by regularly reading the news is of prime importance.
Even if you read the charts well, on friday and thursday if you went long most probably you would have gotten burnt badly. This is because there was selling pressure because people were freeing capital to invest in the Coal India IPO. Such things are reported in the newspaper. You can access it online to if it is not too irritating for you to read the entire thing online.
Moreover months like Feb,April-may,Oct are high volatility if you dont know the triggers.Certain days also are risky if you dont know how it is read by the markets eg IIP data days,Inflation nos days etc. Also study the behaviour of index heavyweights. eg Infy always rallies ahead of its results and crashes as soon as the results are declared due to over optimistic projections.
Different futures are not the same in behaviour like volatility so it needs application to know what we can trade.

Stop loss threads:
http://www.traderji.com/brokers-trading-platforms/7551-how-does-stop-loss-trigger-work.html

http://www.traderji.com/beginners-guide/45739-what-stop-loss-order.html

ATR based SL:
http://www.traderji.com/technical-analysis/5610-what-average-true-range.html

Best SL figure:
http://www.traderji.com/advanced-trading-strategies/22930-anatomy-trailing-stop-loss.html

Other info:
http://www.moneyinfluence.blogspot.com/2008/04/stop-loss-order.html
 
Last edited:

stock72

Well-Known Member
#5
It is possible,however you need to have higher capital allocated for this purpose.
Say you trade nifty futures,it requires 30k,so assume you have bought it. To placing a sell order blocks 30k so in order to have another sell order you need ..........
Other info:
http://www.moneyinfluence.blogspot.com/2008/04/stop-loss-order.html
aljoyraj our guaharjk problem is he don’t want to accept that SL and Target price cant be placed simultaneously .
Guarah , I suggest you to approach the market with a fact that market and existing system knows every thing and we are very small not even knowing 10% .
 

gauharjk

Well-Known Member
#6
It is possible,however you need to have higher capital allocated for this purpose.
Say you trade nifty futures,it requires 30k,so assume you have bought it. To placing a sell order blocks 30k so in order to have another sell order you need another 30k in capital. This is because you need to place two sell orders: one for the target another for the stop loss.
What you can do meanwhile is to have a stop loss ready entered immediately after you enter the buy order. When it is in profit modify it to the profitable exit price until that is entered the stop loss price is active.

Angel does have many terminals,among them the Odin terminal gives these 5 min, 15 min and 60 min. Indiabulls too provides these features. However for better trading having the ability to view these simultaneously Sharekhan Trade Tiger provides these multi time frame charts.
The main issue is to find high probability trades. Reading the market sentiment is important too. Keeping up to date by regularly reading the news is of prime importance.
Even if you read the charts well, on friday and thursday if you went long most probably you would have gotten burnt badly. This is because there was selling pressure because people were freeing capital to invest in the Coal India IPO. Such things are reported in the newspaper. You can access it online to if it is not too irritating for you to read the entire thing online.
Moreover months like Feb,April-may,Oct are high volatility if you dont know the triggers.Certain days also are risky if you dont know how it is read by the markets eg IIP data days,Inflation nos days etc. Also study the behaviour of index heavyweights. eg Infy always rallies ahead of its results and crashes as soon as the results are declared due to over optimistic projections.
Different futures are not the same in behaviour like volatility so it needs application to know what we can trade.

Stop loss threads:
http://www.traderji.com/brokers-trading-platforms/7551-how-does-stop-loss-trigger-work.html

http://www.traderji.com/beginners-guide/45739-what-stop-loss-order.html

ATR based SL:
http://www.traderji.com/technical-analysis/5610-what-average-true-range.html

Best SL figure:
http://www.traderji.com/advanced-trading-strategies/22930-anatomy-trailing-stop-loss.html

Other info:
http://www.moneyinfluence.blogspot.com/2008/04/stop-loss-order.html
Thank you very much Alroyraj ji for the info. You have been a great help. :)

Cheers!
 

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