How to place stop-loss orders in FYERS Scalper Terminal

How do I place stop-loss orders in the Scalper Terminal?

To place stop-loss orders in the Scalper Terminal, you need to use the standard order window, as Quick Trade Mode does not support stop-loss orders. Follow these steps:
  1. Open the Standard Order Window:
  1. Select the instrument from the options chain or chart.
  2. Click on the order type to open the order window.
  1. Set Stop-Loss Parameters:
    1. Enter the stop-loss price in one of the supported formats: absolute value, percentage, or price.
    2. Review the order details and confirm your input.
  2. Place the Order:
    1. Submit your order, and the stop-loss will be applied as per your specified parameters.
This method ensures you can manage risk effectively by automating exit points for your trades.