POSTED BY November 23, 2012 10:53 am ONE COMMENTON
Thumb rule of trading says Each trade must be traded with a stoploss but if the price shoots from Rs100 to Rs 110 in few seconds than by the time I will put LIMIT or MARKET order surely I will miss the chance as the price wil come down.
My broker Geojit gives me three orders LIMIT, MARKET & STOPLOSS .
Now my problem is that I cannot put TWO orders at the same time to take the adavantage.
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One reply on this article “share trading doubt”
Yes, you cant put two stoploss . thats the limitation . And if your time horizon is such a small one like few minutes or hours , then stoploss is kind of not for you .
Its more for those whose time frame is much larger and who can wait for movements to happen .