Smart Trail
How is Smart Trail different from regular stop-loss?
A regular stop-loss remains fixed at a set price, meaning it doesn't change as the market moves. In contrast, Smart Trail automatically adjusts the stop-loss level as the price moves in your favour. This helps you lock in profits and reduce the risk ...
What is Smart Trail and how does it help?
Smart Trail in FYERS is similar to a trailing stop-loss, helping you lock in profits by automatically adjusting your stop-loss as the price moves in your favour. As the market moves upward, the stop-loss level follows, ensuring your gains are ...
If I exit manually, will the Smart Trail cancel automatically?
No, if you exit manually, the Smart Trail order will not cancel automatically. You will need to cancel or deactivate it separately.
Where can I check the status of Smart Trail?
You can check the status of your Smart Trail order under the Smart Order tab in the Order Book on the FYERS App, and in the Smart Order Book on the FYERS Web platform. Here, you can track your active Smart Trail orders and see any adjustments made as ...
How to place a Smart Trail order?
To place a Smart Trail order in FYERS, follow these steps: Once you have an open position, go to the ‘Positions’ section. Click on the position you want to place the Smart Trail for and select Exit. Go to the Smart tab and click on Smart Trail. Enter ...