In Automate, when place the simple order, How work the Target and stop loss.
i.e. When apply target and stop loss,
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Target and stop loss order given in exchange at the time of entry?
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Which type of order- Limit order, Market order?
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Any chance of skip the stop loss order?
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If chances of skip stop loss order then what is possible mechanism in the automate to prevent such scenario?
Hi @112842691845143610882 ,
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Target and stoploss is internally triggered, it will be sent to exchange only after triggering internally in automate
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MPP order(Like market order but with a price limit) by default, if you want to specify limit order, the option is available
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SInce MPP order, if the illiquidity scenario or quick price movement happens there is a rare chance the stoploss order doesnt execute