How to place stop-loss orders in FYERS Scalper Terminal

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

Managing risk is a critical part of trading, and placing stop-loss orders helps automate your exit strategy. In the FYERS Scalper Terminal, stop-loss orders are not supported through Quick Trade Mode. Instead, you’ll need to use the standard order window. Here's how:

How to place stop-loss orders in the Scalper Terminal

Step 1: Open the standard order window

  • Select the instrument from either the options chain or the chart.
  • Click on the order type (e.g., Buy/Sell) to open the standard order window.

Step 2: Set stop-loss parameters

  • In the order window, enter your stop-loss price in one of the following supported formats:
    • Absolute value (e.g., ₹10)
    • Percentage (e.g., 2%)
    • Price (e.g., ₹122.50)
  • Review all order details for accuracy.

Step 3: Place the order

  • Submit your order.
  • The stop-loss will be applied according to the parameters you’ve set.

This process ensures your positions are protected and allows you to manage risk by pre-setting exit conditions.

What if...

ScenarioSolution
I try placing a stop-loss in Quick Trade ModeUse the standard order window; Quick Trade Mode doesn’t support stop-loss
I want to use SL-Limit or SL-MarketChoose these order types from the dropdown in the order window
The stop-loss doesn't triggerCheck if your price input was valid and the order was confirmed correctly