What is the stop-loss trigger price?

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• How to place a trigger order or stop-loss market order in FYERS?

  Setting up a trigger order—commonly referred to as a Stop-Loss Market (SL-M) order—helps you automate trading actions when a specific price level is reached. It’s a handy tool to limit losses, lock in profits, or enter trades during breakouts without ...

• 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 ...

• Can I place SL-M (Stop Loss-Market) and SL-L (Stop Loss-Limit) orders with Quick Trade?

  Yes, Quick Trade supports both SL-M (Stop Loss-Market) and SL-L (Stop Loss-Limit) orders for Intraday trades. Here’s how each works: SL-M (Stop Loss-Market): This order type triggers a market order once the stop-loss price is reached, ensuring that ...

• Why am I getting an error stating 'Stop loss should be less than limit price'?

  The error 'Stop loss should be less than limit price' is a protective measure ensuring your trades are logically consistent. When placing a Buy order: Limit Price: Represents the maximum price you're willing to pay for a stock. Stop-Loss: Acts as a ...

• How to modify or update stop-loss for an open position in FYERS?

  If market conditions change after placing a stop-loss, you can easily modify the trigger or limit price for better risk management. FYERS lets you update an existing stop-loss order from the same Positions view. How to modify an existing stop-loss Go ...