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 Order (CO). This allows you to set a stop-loss level for risk management.
- If you enable both Stop Loss and Target, the order will be placed as a Bracket Order (BO), where both SL and Target are included in the order, helping to automate exit levels based on your preferences.
- Activate Quick Trade by toggling the Quick Trade button in the FYERS Web toolbar.
Please note that SL and Target options are only available for Intraday trades and are not supported for Overnight trades on Quick Trade.
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