How do I close positions that were placed with Quick Trade settings?

How do I close positions that were placed with Quick Trade settings?

To close positions that were initiated using Quick Trade settings:

  1. Go to the Positions tab on FYERS Web, where you can see an overview of all your open positions.

  2. Alternatively, you can use the charts feature to square off your positions directly.

  3. Since Cover Orders (CO) and Bracket Orders (BO) have specific exit requirements, they must be closed from the Positions tab or directly from the chart view. These orders cannot be closed using counter orders due to Order Management System (OMS) limitations.

This method ensures that your trades are closed correctly, especially when using Quick Trade’s SL or Target settings.

    • Related Articles

    • What happens if I do not select any option in the Quick Trade settings?

      If you do not select any specific options in the Quick Trade settings, the feature will operate with default parameters, allowing for straightforward order placement without predefined Stop Loss (SL), Target, or customised position sizing. This means ...

    • Quick Start Guide for Settings on FYERS

      The Settings menu in FYERS lets you personalise your trading experience — from theme, language, and order preferences to charts, news, and scalper setups. Available on both App and Web. On FYERS App Tap the Settings icon (top-right) to access all ...

    • Is it possible to place normal Intraday orders without Stop Loss and Target using Quick Trade?

      Yes, you can place normal Intraday orders without predefined Stop Loss (SL) and Target levels in Quick Trade. To do so, follow these steps: Open the Quick Trade settings in FYERS Web. Disable the SL and Target options. Place your trade, which will ...

    • How do I set up Stop Loss and Target levels in Quick Trade?

      To set up Stop Loss (SL) and Target levels in Quick Trade, follow these steps: Go to User Settings > Quick Trade to configure your Stop Loss and Target settings. For Intraday Trades: If you select only a Stop Loss, the trade will be placed as a Cover ...

    • How to set up Quick Trade and place orders on FYERS?

      To configure Quick Trades on FYERS for seamless order placement, follow these steps: Access Quick Trade Settings: Log in to FYERS Web, then go to User Settings > Quick Trade. Select Product Type: Choose Intraday or Overnight. Intraday offers Stop ...