demo for placing cover order - sbismart order.pdf · select strategy to place cover orders. click...
TRANSCRIPT
Demo for placing
Cover Order
In the Order Entry window select STRATEGY to place cover orders.
Click on Cover Order.
Select Equity from the drop down.
Select your preferred exchange from the drop down.
Type the first few characters of your desired scrip and select the same from the suggestions.
Click on Go to load the scrip details.
The scrip details have been populated.
Select BUY or SELL to perform the action.
Order Type is by default Market.
Type in the desired quantity of shares you wish to trade in.
Here you have to enter the stop loss trigger price for your trade. The price should lie in the given range. Then click on BUY.
The Order Preview screen appears with the details of your order placed. Click on CONFIRM to confirm the same.
Confirmation pop up appears. Click on OK.
complete
In the order book, you can see your initiated order and stop loss order.
complete
You can modify your stop loss trigger price by clicking here.
Enter the desired price in the field and click on MODIFY.
Confirmation pop up appears. Click on OK.
complete
You can exit your position by clicking on this icon in the stop loss order.