How to set up Quick Trade and place orders on FYERS?

To configure Quick Trades on FYERS for seamless order placement, follow these steps:

1. Access Quick Trade Settings: Log in to FYERS Web, then go to User Settings > Quick Trade.
2. Select Product Type: Choose Intraday or Overnight.
1. Intraday offers Stop Loss, Target, and Position Sizing options.
2. Overnight offers only Position Sizing.
3. Configure Stop Loss and Target (Intraday only): Define risk and reward levels by entering a percentage or INR value.
1. A Normal Intraday order is placed if both Stop Loss and Target are not selected.
   
2. A Cover Order (CO) is placed if only a Stop Loss is set.
   
3. A Bracket Order (BO) is placed if both Stop Loss and Target are enabled.
4. Set Position Sizing: Options are available for both Intraday and Overnight:
1. Amount: Specify capital allocation per trade.
2. Lots: Enter shares for equity or lots for F&O.
3. % Margin: Set a percentage of available funds for each trade.
   
5. Save and Place Orders: Toggle on Quick Trade to enable one-click order placement from the chart, Depth of Market (DOM), or the Buy/Sell button.
   

Below is an example of how a Bracket Order can be placed using Quick Trade:

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