How to mitigate the day open price volatility in a multi-day swing trade

General
1

Hi ,

  1. Since stop loss orders are valid only for a day , what are the other approaches swing traders usually follow to mitigate the unfavourable price action that can occur during day open ?
  2. Is multi day stop loss orders are not allowed by SEBI/Exchange or is it that Zerodha and other brokers dont have the feature ?
  3. Can stop loss order can be placed during pre-market session ? Is there any advantage of doing this ? I am asking because my understanding is that Zerodha manages the stop-loss order and only when target his hit Zerodha will place a limit/market order to the exchange . In that case , Zerodha would be able to do this only after normal market opens and hence placing a stop-loss order during pre-market will not help . Or does it ?

Regards,
Sudhir Shetty

2

Premarket only applies to equity. SO if ur into F&O u can’t trade them during pre/post market.