What is position sizing in the new order window?

What is position sizing in the new order window?

The position sizing function will help you auto-fill the quantity based on the percentage entered and the availability of margin.


For instance, Mr. Joshua, a client of Fyers, has a balance of ₹1,00,000 in his trading account, and his trading pattern has always been to invest 50% of the funds every time he places the order. So, he sets the pre-fill quantity at 50%. The system will pre-fill the quantity at 50% of the funds available in his account whenever he places an order. 


Click on the ‘User Settings’ option available on the order window as displayed in the image below:



Enter the percentage of the amount you wish to set as default in the ‘Position Sizing’ whenever you’re placing the order: 

 



The quantity will be pre-filled based on the set percentage of the available margins as displayed in the image below:



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