Using Forever order in Dhan app is like putting a noose around your neck. There are two ways of Forever Order 1. Single order that is fine but the other 2. O C O order is absolutely rubbish, limit price is not known. If you buy on market order then target and stoploss will be applied simultaneously. If limit price means target then stoploss means buying above the current market price. If you are not able to understand my point then one thing you guys should see the GTT order of upstock. You guys will understand. What? What is GTT order? The trailing stoploss in the app created by you guys. UPSTOCK is copying it in their apps and using it in GTT orders. I request DHAN apps with folded hands to make it a simple and easy app like GTT order in UPSTOCK and not a hassle like FEREVER. This way you people will know how many Forever orders are being bought and sold. Apart from that, DHAN apps is a very good broker. Its new features are very good. DHAN apps will implement my advice.
Hi @Premkumar Noted your feedback on this.
While we have plans to improve Forever Orders on Dhan, this may take a while. Yes, we are happy to introduced Trailing Stop Loss orders and are aware of some platforms replicating it, that is fine - it is bound to happen.
We want to keep Order Placement experience plain and simpler, and at this time the Forever Order experience lets users do to basic order placements as you mentioned - Single & OCO. We will released and updated versions of them, it is on our list of things to do.
Additional request to please adhere to community guidelines. The post was flagged for deletion, I have re-listed the same.
For a long time I am also asking for Trailing stoploss for Stocks present in Portfolio like in Upstox. Its essential for Swing traders like me to save our capital even if their is major crash happens in Stock market.