How Do You Set A Trigger Price?

How to set trigger price for entry along with target and stoploss

  • Open Bracket Order.
  • Select SL radio button.
  • Fill Quantity.
  • In Price fill 160.50.
  • In Trigger Price Fill 160. ( The moment Price will touch 160 You order will get executed between 160-160.50 whatever the the available price after 160. )
  • In Stop-loss Fill 10.
  • In Target Fill 10.
  • Click on “BUY” you are done.

What is trigger price with example?

Trigger price is a BUY/SELL order condition that you add along with your stop loss order. Example: Suppose you have purchased XYZ@ 900/- you want to sell at higher price but it is supposed to go down side also may be @ 800/- so you will keep a Stop Loss @ 880/- where prevailing rate in Market is 905/-.

How do you set a stop loss trigger price?

Foe example – if, for a stop loss order to buy, the trigger price is 93.00, the limit price is 95.00 and the market (last trade) price is 90.00, then this order will be released into the system once when the market price reaches or exceeds 93.00. Buy: Market Price < Trigger price < Order Price.

What is trigger order?

Trigger order is a pre-set order, that users place ahead with an order price and contracts amount (like a limit order), which will only be triggered under specific conditions (a trigger price/trigger). Once the latest traded price has reached the “trigger”, the pre-set order will be executed.

What is trigger price in bracket order?

Trigger price is the price mentioned by a trader at which the stock exchange (for instance BSE, NSE etc) makes an order for buy or sell active for execution. Trigger prices need to be set in stop-loss limit and stop-loss market orders.

What is triggered price?

Trigger price is a BUY/SELL order condition that you add along with your stop loss order. TRIGGER PRICE is the price at which the exchange servers will make your BUY/SELL order active for execution. After the stop-loss order has been triggered, LIMIT PRICE is the price at which your shares will be sold or bought.

How do you use stop loss?

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

What is the best stop loss strategy?

Which Stop Loss Order Is Best for Your Strategy?

  1. #1 Market Orders. A tried-and-true way of entering or exiting a position immediately, the market order is the most traditional of all stop losses.
  2. #2 Stop Limits. When precision is the primary objective, stop limits are the order of choice.
  3. #3 Stop Markets.
  4. #4 Trailing Stops.
  5. Know Your Stops.

Why did my stop loss not work?

The principal reason stop-loss orders don’t work is because stock prices aren’t serially correlated.

What is the difference between limit price and stop loss trigger price?

TRIGGER PRICE is the price at which the exchange servers will make your BUY/SELL order active for execution. After the stop-loss order has been triggered, LIMIT PRICE is the price at which your shares will be sold or bought.

What is good till triggered?

Good Till Triggered (GTT) order allows you to place an order which is sent to the exchange only when the price condition is met. GTT is introduced by Zerodha to offer a similar service like Good Till Cancelled (GTC) order offered by most full-service brokers in India.

How Stop Loss is calculated?

Sell Stop Loss: Market Price > Trigger price > Order Price. Similarly, for a short trade, the stop-loss order is for a buy order, and trigger price is higher than the market price but less than the order price. Buy Stop Loss: Market Price < Trigger price < Order Price.

What is trigger pricing?

Trigger price is a BUY/SELL order condition that you add along with your stop loss order. TRIGGER PRICE is the price at which the exchange servers will make your BUY/SELL order active for execution. After the stop-loss order has been triggered, LIMIT PRICE is the price at which your shares will be sold or bought.