Hello Traders,
I am new to this trading game and got confused while doing an Intraday trade today from kotak security
So I placed an order of 20 shares of ICICIGI at 804.60. Set the Trailing Stop Loss (Sell) by adding spread of 7.00 trailing at Market. Then I put 818.00 in book profit input box and placed the BUY order.
It got executed immediately and also a sell order at 818.00 of 20 shares is executed, both were showing in open order.
When I saw the order book again after 10 minutes, my sell order was executed at 807.50 automatically.
I got confused at this stage and didn't understand why the order is executed at 807.50 when it should be executed at 818.00 ? Later the price went upto 840.
I am missing something ? Sorry guys, I am just new.
I am new to this trading game and got confused while doing an Intraday trade today from kotak security
So I placed an order of 20 shares of ICICIGI at 804.60. Set the Trailing Stop Loss (Sell) by adding spread of 7.00 trailing at Market. Then I put 818.00 in book profit input box and placed the BUY order.
It got executed immediately and also a sell order at 818.00 of 20 shares is executed, both were showing in open order.
When I saw the order book again after 10 minutes, my sell order was executed at 807.50 automatically.
I got confused at this stage and didn't understand why the order is executed at 807.50 when it should be executed at 818.00 ? Later the price went upto 840.
I am missing something ? Sorry guys, I am just new.