SL Trigger even below the specified price


#1

I shorted VEDL at 202.7 with a BUY SL order with trg and price both being 203.4
However, the SL was hit on the candle which had a high of 203.35.
6th candle on the 5min chart.

Although the SL did hit on next candle. But why on that candle? This could be a serious issue for day traders.


#2

Hey @Dovah

Check out this post, which explains why this happens sometimes.


#3

@Kshiteesh_Saralaya Hmm… So then what do you suggest for avoiding this? I already had a 10 paise buffer.


#4

There isn’t any solution for this. All trades that happen on the exchange can’t technically be captured on the chart. There could be hundreds of trades every second. Exchange sends us only 2 to 4 on our data feed. Do read this


#5

So its a part and parcel of the game.
Thank you so much :slight_smile: