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
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...
| Scenario | Solution |
|---|
| I try placing a stop-loss in Quick Trade Mode. | Use the standard order window; Quick Trade Mode doesn’t support stop-loss. |
| I want to use SL-Limit or SL-Market. | Choose these order types from the dropdown in the order window. |
| The stop-loss doesn't trigger. | Check if your price input was valid and the order was confirmed correctly.
|
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