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 levels unreliable.
To manage risk for Overnight positions, it’s recommended that you set manual Stop Loss and Target levels after placing the order. This manual approach offers flexibility while accounting for the potential volatility associated with Overnight trades.