What happens if I do not choose any option in Quick Trade settings?

What happens if I do not choose any option in Quick Trade settings?

Quick Trade lets you place orders with a single click using your saved preferences. If you have not configured those preferences, FYERS Trader applies default behavior. This article explains what “default” means and how to set up Stop Loss (SL), Target, and Position Sizing to control risk.

What happens by default

  • No SL/Target is attached automatically.
  • No custom Position Sizing is applied (quantity/funds are not auto-calculated from your rules).
  • Orders execute using your platform’s default settings since no SL/Target or sizing rules were selected.

How to configure Quick Trade (FYERS Trader)

  1. Log in to trade.fyers.in and open User Settings > Quick Trade.
  2. Select your Product Type:
    • Intraday — supports SL, Target, and Position Sizing.
    • Overnight — supports Position Sizing only.
  3. Configure SL and Target (Intraday only):
    • No SL/Target → places a normal Intraday order.
    • SL only → places a Cover Order (CO).
    • SL + Target → places a Bracket Order (BO).

    Reference: How do I set up SL and Target in Quick Trade?

  4. Set Position Sizing:
    • Amount — allocate a fixed capital per trade.
    • Lots — enter a fixed quantity (equity or F&O).
    • % Margin — use a percentage of available margin.

    Reference: Position Sizing options in Quick Trade

  5. Save your preferences, then use the toolbar toggle to switch Quick Trade ON before placing one-click orders.

Troubleshooting

  • Orders place without SL/Target: Ensure Product Type is Intraday and that SL/Target values are saved.
  • Sizing not applied: Confirm that Amount/Lots/% Margin is selected and saved in Quick Trade settings.
  • Settings saved but no one-click placement: Check that the Quick Trade toolbar toggle is ON.

What if…

ScenarioOutcome
I skip both SL and TargetA normal Intraday order is placed without automatic exits. See this article.
I leave Position Sizing unsetNo custom sizing is applied; you must manage quantity/funds manually. Learn more here.
I want to enable SL/Target laterUpdate your Quick Trade settings anytime. Steps: configure SL/Target.
I need the complete setup flowSee the end-to-end guide: Set up Quick Trade and place orders.

Tips

  • Using Quick Trade without SL, Target, or Position Sizing can increase risk exposure, especially in volatile markets.
  • Review symbol, side (Buy/Sell), and quantity on the chart/DOM/Buy–Sell panel before one-click placement.
  • Save your Quick Trade preferences before enabling the toggle.

Last updated: 09 Sep 2025