Ever been caught off guard when a stock price suddenly drops, and hits your stop-loss? This is a scenario many traders face, but with FYERS Smart Trail order, you can manage your trades more effectively as the market moves. It’s like having a smart trailing stop-loss that adjusts as prices move in your favor, giving you more control without needing to constantly watch the market.
The Problem: Traditional Stop Losses Can Limit Your Potential
A typical stop-loss sets a fixed price, and if the stock hits it, you're out—regardless of whether the price continues to rise. You could exit too early, missing out on additional gains. Manually adjusting your stop-loss is stressful and prone to errors, leaving you open to more risks or missed opportunities.
The Solution: Smart Trail – Let Your Profits Run Longer
With Smart Trail, things get easier. As the stock price rises, your stop-loss moves up automatically, allowing you to keep benefiting from upward movements while minimizing your risk. Rather than setting a rigid stop-loss that might push you out of a trade prematurely, Smart Trail helps you stay in profitable trades longer.
Example: How Smart Trail Works in Action
Let’s say you bought a stock at ₹1000. You set a trailing stop-loss with a ₹50 jump price, meaning that every time the stock moves up ₹50, your stop-loss automatically adjusts. As the stock rises to ₹1200, your stop-loss moves up to ₹1150, locking in a ₹150 profit. If the stock price dips back down, you’ve secured your gains.
With Smart Trail, you don’t need to worry about missing opportunities or manually adjusting your stop-loss, helping you stay more confident in your trades.
As shown in the GIF, once you have an open position, go to Smart Trail, enter your stop-loss trigger price and the jump price (the price increment at which the stop-loss will adjust).
From there, Smart Trail will automatically adjust as the stock price rises, giving you the freedom to focus on your overall strategy.
Advanced Option: Set Your Target
In the advanced settings, you can set a target price. This allows you to automatically exit the trade when your target is reached, giving you full control over when to exit and ensuring you capture gains without needing constant supervision.
Manage with Ease
After placing your Smart Trail order, you can track, modify, or cancel it from the Smart Orders section. This gives you the flexibility to adjust your trades as market conditions evolve.
Why Smart Trail is a Must-Have for Volatile Markets
When markets get unpredictable, knowing when to exit is crucial. Smart Trail helps by automatically adjusting your stop-loss as prices rise, so you can lock in profits without constant monitoring.
Here’s how Smart Trail works for you:
Lock in Profits Automatically: Smart Trail moves your stop-loss as the stock price rises, helping you capture gains without manual updates.
Stay Focused: No need to monitor every market move—Smart Trail manages your stop-loss, so you can focus on your broader strategy.
Trade Smarter with FYERS Smart Trail
Smart Trail lets you stay in winning trades longer without having to manually adjust stop-losses. It’s an easy way to let the system handle the details while you focus on your overall trading strategy. Ready to get started? Download the FYERS app today or visit our website to explore Smart Trail.