stoploss and swing trading

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  #1  
Old 3rd April 2007, 12:09 PM
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musicjunkie is on a distinguished road
Default stoploss and swing trading



I am a swing trader (or try to be atleast) and i had a few question related to stoplosses,
When i purchase a stock i dont own the stock for the next two days because i am waiting for delivery, during this time i CANNOT put a stoploss order because it says "you do not have sufficient stocks in dp account"
I guess you people use buy today sell tomorrow features for the time u dont get delivery but some stocks dont have that feature, what do i do in that case?

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  #2  
Old 3rd April 2007, 12:55 PM
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uasish will become famous soon enough
Default Re: stoploss and swing trading

Change the broker

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  #3  
Old 3rd April 2007, 02:38 PM
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Default Re: stoploss and swing trading

UASISH you mean to say normally we can sell the next day? im using icici so i guess im losing out on something
Still confused, whats the normal procedure? can suppose indiabulls let me sell the next day or let me put a stoploss order even before delivery to protect me?

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  #4  
Old 3rd April 2007, 03:19 PM
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Default Re: stoploss and swing trading

Yes they can ,in indiabulls if it is not illiquid stock sell with the option "shares not in indiabulls"

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  #5  
Old 3rd April 2007, 03:26 PM
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Default Re: stoploss and swing trading

okay...so in if i change my broker i can always protect myself with a stoploss regardless of the settlement cycle..alright got it
sorry if i got on ur nerves

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  #6  
Old 3rd April 2007, 06:03 PM
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Default Re: stoploss and swing trading

Quote:
Originally Posted by musicjunkie View Post
I am a swing trader (or try to be atleast) and i had a few question related to stoplosses,
When i purchase a stock i dont own the stock for the next two days because i am waiting for delivery, during this time i CANNOT put a stoploss order because it says "you do not have sufficient stocks in dp account"
I guess you people use buy today sell tomorrow features for the time u dont get delivery but some stocks dont have that feature, what do i do in that case?
If you are icicidirect user, go to security.There you have list of stocks with BTST. Sell from there.

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