I had to trade ultracemco short sell , Entry - 8242 SL-8252. My risk is 10000 per trade so my quantity is 1000. How can i place 1000 quantity in intraday for ultracemco. Shall i place limit order or Market Order ?
Your guidance is very much appreciated.
Yes you may use limit order or 1k quantity.
Personal notes :
But try with small quantities first. 10 points SL in a 8k rs stock is just childsplay.
All the micro price movements are not recorded on charts. So , don’t trust charts for big stocks for intraday. You may feel you can get away with 10 point SL but not in reality.