
Once the "Add Stop-Loss, Target Orders" is turned on, stop-loss and target prices are required to be defined as either absolute prices (certain prices) or in percentages.
This rule is in place for you to define both your risk and your profit target and confirm the order. Even if the order is a GTT order with the toggle switched on, the order cannot be placed if both fields (Stop Loss and Target) are not properly provided.
By making these entries obligatory, the platform encourages investors to maintain a defined trading strategy and limit risks in the market.
The rule ensures that all GTT orders where the toggle is turned on will have an exit defined, which also encourages traders to properly manage their portfolio and risk management practices overall.
Also, you can turn off the GTT toggle if you do not wish to set a stoploss or target.
Trade with Upstox
Open a FREE Demat and Trading account to invest in Stocks, Mutual Funds, IPOs and more.
By signing up you agree to receive transaction updates on Whatsapp. You may also receive a call from an Upstox representative to help you with the account opening process.
| Topic | Replies | Views | Activity |
|---|