Modifying stop in a bracket order


#1

After modifying a stop with trailing stop in a bracket order, will it still continue to be a dynamic stop or will it become static?


#2

Hi @RavindranathDaruvuri
In Bracket order u can modify stop loss on individual executed order, It is explained well by Hanan sir pleasevisit this link (Bracket order).


#3

brother, @Abhishek_Malsa after modifying stop loss, will it still continue to trail or become static? He didn’t talk about it in the video


#4

@RavindranathDaruvuri,

Once you modify a trailing stoploss, it ceases to be dynamic and it does not trail anymore. The trailing stoploss is only designed to trail your initial stoploss price.


#5

Thank you @Srinivas.


#6

I suggest you to please add this point to bracket order in zconnect and other blogs.


#7

@srinivas see the screenshot and please explain how’d this happen. I shorted reliance at 910 with stop at 919 and trailing stop 1. The price hit 906.3 and instead of stop reaching 916, it became 915.3, I don’t get this, brother


#8

Hmm, Zerodha Support should be able to help you with this. Can you write to them for more clarification on this. Did you place the stop at 919 or at 919.30?


#9

9 absolute points


#10

Hi, Were you able to get an answer to this question? If yes, please share it here.


#11

Once order is modified the new trail will happen from that new modified price.