What is the effect of the trailing stop-loss order?
This order enables the investor to state the maximum possible loss without sacrificing the profits. Such orders help investors to lock in profits if the share price moves in their favour as the stop loss price will automatically recalculate to maintain the trailing gap amount.
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Can I place a trailing stop-loss in FYERS?
Yes, you can use the Smart Trail feature in FYERS to place a trailing stop-loss. This feature helps you manage risk by automatically adjusting your stop-loss as the market moves in your favour, while also allowing you to define a target price. Smart ...
What is a stop-loss order?
It is an order to exit an open position when it reaches a specified price. These orders are designed to limit the investor’s loss.
What is the stop-loss trigger price?
Stop-loss orders are designed in such a way that the order remains inactive until the last traded price reaches the limit order price. The stop-loss trigger price enables the user to define at what price the stop loss order should get activated. Once ...
What is the effect of a stop-loss order?
These orders can protect the investor against the sudden movement in the security’s price. Using these orders you can define the downside for your position
How to place a stop-loss order from Positions in FYERS?
Adding a stop-loss helps you manage your risk by setting a trigger price at which your position will automatically exit. FYERS lets you do this quickly from the Positions screen. How to place a stop-loss from Positions Go to the Portfolio section on ...