Clarification Needed on Super Order - Stoploss Behavior for Holdings

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Hello Team,

Today I tested the Super Order feature by attempting to place a Stoploss with Trailing on one of my existing holdings.

To my surprise, when I selected the ā€˜SELLā€™ - Super Order option, the system only accepted a Stoploss value higher than the Current Market Price (CMP).

This behavior is confusing, as traditionally:

  • A Stoploss is meant to limit losses by triggering a sell below the current price.
  • In the case of holdings, the Stoploss should be set below CMP, especially when initiating a trailing mechanism.

My questions:

  1. Why is the platform allowing only higher values as Stoploss for a sell order on holdings?
  2. If the stock is selected from holdings and the intent is to protect from downside, shouldnā€™t the Stoploss be allowed below CMP?
  3. How can we effectively use Super Order with Trailing Stoploss for stocks that are already in our portfolio?

I would appreciate it if you could clarify this behavior or guide me on how to properly use the Super Order feature for this use case.

Meanwhile Iā€™m using the Forever Order feature and find it useful, but it currently lacks the Stoploss Trailing option.
Adding this would allow the Trigger and Limit prices to adjust automatically with market movements, making it much more effective for managing holding positions and protecting profits.
Please consider adding trailing functionality to Forever Orders - it would be a valuable enhancement for long-term investors.

Thank you for your support.

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Hi @surajc, to use a trailing stop-loss on portfolio holdings, the position must be initiated using a super order at the time of entry. This is necessary because the trailing SL is configured during the order placement itself.

If you try to place a super order with trailing SL on an existing holding, the system interprets it as a new short-sell order, which requires the stop-loss to be set above the current market priceā€”something that may not suit your exit plan.

For existing holdings, we recommend using a forever order instead. And for future trades, selecting super order with trailing SL at the time of entry will ensure the feature works as intended.

Hope this helps!

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Thanks Mohseen for the clarification.

So then my pending request is to be the Trailing Stoploss in Forever Order.
Can you please take this enhancement request to the team and share some good news.
Thank you