can some one tell if it is possible to make an offline order in the evening that will be executed in the next days trade if the price is met?
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1)buy share xxx currently at 100 (on latest days close) at 101 if the price is below or equal to 101 on the open of next day?
2)i have 50 shares of yyy. Latest days close is 100. Sell them automatically if the price rises to 105
3)if such automated transactions are possible, then will they work even if i logout of the terminal after entering the details?
And i have some assumption regarding stoploss trades. Can you tell if my assumption is correct?
=> currently there is a share at 100. i initiate a stoploss buy for 100 shares. i enter Trigger price as 98. and Limit price as 97. Then the system will wait till the price reaches 98 and starts buying shares for me. It keeps buying till it reaches 100. Incase the price falls below 97 in the middle, then it will stop buying the shares and will allot me the shares that have been bought at price above 97.
=> is there anything called stoploss selling?
=>are stoploss buying and stoploss selling different?
Good to see a such a large forum for traders out here. i hope you people will clarify my above queries.
Like
1)buy share xxx currently at 100 (on latest days close) at 101 if the price is below or equal to 101 on the open of next day?
2)i have 50 shares of yyy. Latest days close is 100. Sell them automatically if the price rises to 105
3)if such automated transactions are possible, then will they work even if i logout of the terminal after entering the details?
And i have some assumption regarding stoploss trades. Can you tell if my assumption is correct?
=> currently there is a share at 100. i initiate a stoploss buy for 100 shares. i enter Trigger price as 98. and Limit price as 97. Then the system will wait till the price reaches 98 and starts buying shares for me. It keeps buying till it reaches 100. Incase the price falls below 97 in the middle, then it will stop buying the shares and will allot me the shares that have been bought at price above 97.
=> is there anything called stoploss selling?
=>are stoploss buying and stoploss selling different?
Good to see a such a large forum for traders out here. i hope you people will clarify my above queries.