Normal Intraday Orders Without SL/Target in Quick Trade | FYERS Trader

Is It Possible to Place Normal Intraday Orders Without Stop Loss and Target Using Quick Trade?

Yes — Quick Trade on FYERS Trader (https://trade.fyers.in/) allows you to place normal Intraday orders without predefined Stop Loss (SL) or Target levels. If both SL and Target are disabled in the Quick Trade settings, your order is executed as a standard Intraday position without linked exit conditions.

Steps to place a normal Intraday order

  1. Open Quick Trade settings in FYERS Trader.
  2. Disable Stop Loss and Target options.
  3. Place your trade — it will execute as a standard Intraday order.

For details on how to configure Stop Loss and Target in Quick Trade (if needed), refer to this article.

What if...

ScenarioOutcome
I disable both SL and TargetA normal Intraday order is placed without automatic exits.
I select only SLOrder becomes a Cover Order (CO). For configuration details, refer to this article.
I select SL + TargetOrder becomes a Bracket Order (BO). To understand how SL/Target levels are set, refer to this article.
I try this for Overnight tradesOnly Position Sizing is available; SL/Target cannot be applied. For clarification, refer to this article.
Tip: Use this option if you prefer to set exit orders manually or trail stop losses based on market conditions.

Last updated: 09 Sep 2025