New to trading, and just placed a few small (delivery) trades with Zerodha. Zerodha tells me that for delivery trades (Cash N Carry), I will need to login and place a stoploss order EVERYDAY. In other words, the stoploss orders are valid for one day only, and are canceled at the end of the day.
Is this true? That would be very strange to me ! Is there any way to place the SL automatically at a predetermined price point? Not looking for intra-day at this point, only for delivery based trading.
Is it the same with other deep discount brokers?
Is this true? That would be very strange to me ! Is there any way to place the SL automatically at a predetermined price point? Not looking for intra-day at this point, only for delivery based trading.
Is it the same with other deep discount brokers?
Basic question about Zerodha stoploss
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