What options are available for position sizing in Quick Trade?
In Quick Trade, you have three options for setting up position sizing to manage your trade size and capital allocation effectively:
Lots: For equity, enter the specific number of shares you intend to trade. For derivatives, you can predefine the number of lots.
Amount: Specify a fixed amount you wish to invest per order. The system will automatically calculate the quantity based on the current price, enabling you to control the invested amount without manually entering the quantity.
Percentage Margin: Set a percentage of your total available funds to allocate for each order, offering flexible control over the funds used per trade.
These options allow you to select trade sizes based on a fixed quantity, fixed amount, or a percentage of your available margin, making it easier to align with your risk management strategy.
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How to set up Quick Trade and place orders on FYERS?
To configure Quick Trades on FYERS for seamless order placement, follow these steps: Access Quick Trade Settings: Log in to FYERS Web, then go to User Settings > Quick Trade. Select Product Type: Choose Intraday or Overnight. Intraday offers Stop ...
Is Quick Trade available on the FYERS App?
No, Quick Trade is currently available only on the FYERS Web platform and is not accessible on the FYERS App. This restriction is intentional, as Quick Trade on a mobile device could lead to accidental touches, resulting in unintended trades. For ...
What happens if I do not select any option in the Quick Trade settings?
If you do not select any specific options in the Quick Trade settings, the feature will operate with default parameters, allowing for straightforward order placement without predefined Stop Loss (SL), Target, or customised position sizing. This means ...
Why aren’t Stop Loss and Target options available for Overnight trades?
Quick Trade’s Stop Loss (SL) and Target options are designed specifically for Intraday trades. For Overnight trades, these settings are not available due to the increased risk of price fluctuations after market hours, which could make SL or Target ...
Is it possible to place normal Intraday orders without Stop Loss and Target using Quick Trade?
Yes, you can place normal Intraday orders without predefined Stop Loss (SL) and Target levels in Quick Trade. To do so, follow these steps: Open the Quick Trade settings in FYERS Web. Disable the SL and Target options. Place your trade, which will ...