How do I close positions placed using Quick Trade settings in FYERS?

How do I close positions placed using Quick Trade settings in FYERS?

Positions placed using Quick Trade on FYERS Trader can be closed either from the Positions section or directly from the chart. If Stoploss or Target is enabled in Quick Trade Settings, use the supported position exit flow to close the trade.

Ways to close a Quick Trade position

From the Positions section

  • Open the Positions section.
  • Locate the position placed using Quick Trade.
  • Use the available exit option to close the position.

From the chart

  • Open the chart for the relevant symbol.
  • Use the available on-chart exit option to square off the position.

What happens to the Stoploss and Target?

Quick Trade Settings allow you to configure a Stoploss and Target before placing trades. These can be configured using % Difference or ₹ Abs value.

When manually closing a Quick Trade position, use the supported exit option available from the Positions section or the chart.

Avoid placing a separate counter order solely to exit a Quick Trade position when associated exit orders are active. Use the position or chart exit option instead.

What If...

ScenarioSolution
I want to manually close a Quick Trade position.Exit it from the Positions section or directly from the chart.
My Quick Trade has a Stoploss or Target configured.Use the supported position or chart exit option to close the trade.
I placed a Quick Trade without a Stoploss or Target.You can manually close the open position using the available exit option.
I want to change the default Stoploss or Target for future Quick Trades.Go to User Settings, Quick Trade, update the required settings, and click Save.