Why doesn't FYERS offer trailing stop loss?
At FYERS, we prioritize effective risk management and transparency in our trading services, which is why we do not offer trailing stop loss orders. Here are the key reasons for this decision:
Simplified Risk Management: Our primary focus is on aiding you in managing trading risks efficiently. While trailing stop losses can be beneficial, they might complicate your trading strategy. We advocate for simplicity and ease of understanding in your trading approaches.
Protection Against Stop Loss Hunting: Trailing stop loss orders are sometimes susceptible to "stop loss hunting," a market practice where prices momentarily move to activate stop orders and then reverse. To safeguard you from this potential market manipulation, we offer traditional stop loss orders instead.
Clarity and Transparency: We are committed to ensuring clarity and transparency in our trading services. Traditional stop loss orders provide a more direct and clear approach, allowing you to set definite price levels for limiting potential losses.
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