Help with ODIN DIET

#48
I recently opened an account with RK global with odien software
But there is different types of OrderTypes, can any body explain me about these orders
1) RL
2)ST
3)SL
4)NT
5)OL
6)ALBM
 
#49
I recently opened an account with RK global with odien software
But there is different types of OrderTypes, can any body explain me about these orders
1) RL
2)ST
3)SL
4)NT
5)OL
6)ALBM
i too have same question.

seniors plz explain it might be useful for more newbies.

as far as i know SL is stop loss order but what to fill in trigger price?

trigger price is the SL price or profit trigger price?

plz help if it SL price then where to put target price ( profit ).

if we need to use 2652 theory then
BUY
Target
SL

Sell
Target
SL

plz explain how to fill buy order and sell order.

last 1 week i am trying with me broker they are too busy to explain it.
thanks
mubeen
 
H

hari09omkar

Guest
#50
Trigger price is that at which the trade-order will be queed to the exchange bid-ask column and SL is that price at which the trade will be executed at the worst case if the trigger price didn't get executed.For a sell order,the trigger price will be more or same as the sl price(like - trigger at 100.50 and SL at 100),in case of buy order,trigger price will be less or equal to the SL price.
 

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