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How to put a Cover Order?? On clicking on the buy/sell panel it places an intraday order directly?? Can't even put stoploss and target on that intraday?? Where is the order pop-up window??

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Rakesh
Rakesh

Please help.. how to place stoploss or target order after trade gets initiated ?? there is only option of exiting trade.. order window does not appear..

Today i clicked on buy button on buy/sell panel.. intraday order got placed directly.. no option of placing SL or target.. i got scared and had to exit trade in loss.. 

Jainmiah Shaik
Jainmiah Shaik

Hi @Rakesh  , placing a cover order means you should give the price at which you need to execute the order and the stop-loss price where you need to minimize your loss. In Cover order you cannot place target as it is not intended for a particular target and the target is open. If you want to close an open position then go to positions and close.

If you want to place an order with stop loss and target please use BO (Bracket Order) :

Usage:

  • Click ' BUY/SELL' on terminal
  • Select 'LIMIT ORDER' on the left side of the panel to execute at a particular price or select 'MARKET ORDER' to execute a trade at the current price.
  • In 'STOP LOSS' please provide in  rupees as stop-loss like 2,5,10,12...etc, not the stock price
  • In 'TAKE PROFIT' please provide in rupees as target 2,5,10,12....etc, not the stock price
  • In 'QTY' please provide how many quantity stocks need to buy/sell.
  • Click the 'BUY' button and that's it your order will be executed.
Rakesh
Rakesh

Hi, i know about cover and bracket order and how to place it in fyers.. my issue is there is no order window / dialog box appearing when clicking on buy/sell panel. It directly places intraday order..

And once order is place there is no option of placing stoploss or target on that trade.. just exit trade is present.. 

Jainmiah Shaik
Jainmiah Shaik

Are you placing  order in Mobile APP or Web Terminal ? The image I have uploaded is about buy/sell window in web terminal.

Rakesh
Rakesh

Thanks for reply.. I figured out that if in setting instant order placement is checked then this buy/sell window does not appear and intraday order is placed immediately.. That option was already checked on my fyers web terminal.. 

But once the order is placed then there is no way of placing stoploss or target for that order.. We just have exit trade option..   

Jainmiah Shaik
Jainmiah Shaik

Good Luck for better trading career.

Mukesh Kumar
Mukesh Kumar

On extension select extension and put SL percentage you want to take risk . and on api bridge add stock with CO option selected thats it all done. same way you have to add all the security in api bridge using CO option for which you want yo place CO order. Now whenever you place order using LE/LE button it will place CO order.

 

Please keep one point in mind to close CO/BO order you must close it from fyers web only.

Kalyan Das
Kalyan Das

in trading view or fyers web i can not understand what is open,high,low,previous close etc. so mainly trade with fyersone.

Vadivelu Subramanian
Vadivelu Subramanian

I do not see order panel for placing orders. The trading panel is incomplete nothing in dash board ...position order, trade, holdings etc.  There is a loading symbol rotating in the dash board area.  How to get it completed.

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