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 the last traded price reaches the trigger price, the stop-loss order is eligible to be executed on the exchange.
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What is stop-limit or trigger-limit order?
A stop-limit a.k.a trigger-limit order is a specialised conditional order that combines features of both stop and limit orders. It allows investors to set a specific price range for their trades: Stop/Trigger Price: This initiates the order once ...
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 are price bands?
The exchanges have set a price band for all securities. The price bands act as a limit beyond which the price is not allowed to move on a particular day and the exchanges will reject orders that are set outside the minimum and the maximum of the ...
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 Fix Common Order Rejection Errors on FYERS (Causes, Solutions, and What to Do Next)
Order rejections on FYERS can occur due to exchange rules, margin limits, or account setup issues. Each rejection message points to a specific cause. This guide explains the most frequent rejection messages, what they mean, and how to resolve them ...