How to place a Smart Trail order?
To place a Smart Trail order in FYERS, follow these steps:
Once you have an open position, go to the ‘Positions’ section.
Click on the position you want to place the Smart Trail for and select Exit.
Go to the Smart tab and click on Smart Trail.
Enter the Trigger Price and the Jump Price (the amount by which the stop-loss should adjust as the price moves).
(Optional) Go to Advance to set your target.
Click on Start to place the order.
For a detailed explanation, kindly refer to the video below.
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If I exit manually, will the Smart Trail cancel automatically?
No, if you exit manually, the Smart Trail order will not cancel automatically. You will need to cancel or deactivate it separately.
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