Hi. Is it possible to provide option to set target & stop loss after placing order or super order? At present, once we place super order, there is no option to set target or stop loss later.
Hi @CA.KSB, currently you can use forever OCO order to set target and stoploss of an position bought under normal order, we are working to implement something around this into super order.
2 Likes
Simple suggestion for Super Order to make it Super Order +, especially for option buying.
- Provide to set pre-defined Stop Loss & Target.
- As soon as order is placed it should place pre-defined Stop Loss & Target.
- It will convert super orders into one click order placement, no need to drag and drop after placing orders. One can change the Stop Loss & Target afterword as per their requirements.
Hi @Shinde_Amarsingh, you can already do this using Super Order preferences.
Through Trader Controls, you can preset target and stop-loss values for Super Orders. For major indices, commodities you can also preset the number of lots, and for equity orders, you can set default target and stop-loss values as well. Once configured, these values are automatically applied as soon as the order is placed, enabling a near one-click execution flow.
You can always modify the target and stop-loss later if required.
Please find the attached screenshot for reference.
Thanks for this information.
I was looking for the modification information in Super Trader.
You have mentioned its possible. Thanks for that.
Will try the Super Trader feature in this month.
Thanks Dhan.
No option to add pre defined for equity option into this list.
Hi @onkar
Options trading is inherently risky, and stock options carry an even higher level of risk due to factors like volatility, liquidity etc. Keeping this in mind, we have intentionally taken certain product decisions where we avoid excessive automation in such high-risk segments.
The idea is to ensure that users take a moment to review their trades and make conscious decisions, rather than executing them too quickly. This acts as a safeguard & encourage caution while trading in such instruments. This is a deliberate choice aligned with trader-first philosophy. (not just trading-first)
That said, we truly value feedback and will review these decisions based on user inputs, regulatory considerations, market behaviour and overall trading safety.
Yes. But it takes time to do. Currently doing the same. It is tedious especially when market is volatile like these days. Just like add stop loss option is available, give an option to set target too. Also for stop loss or target setting, we need to able to set multiple to book partially.