I shorted NSE:IDEA at 73.60 today with 0.45 as initial stoploss and 1.0 as trailing stop loss.
The price moved to 72.50, yet the stoploss trigger remained at 74.10.
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Shouldn’t the stop have updated to 73.60 when the price reaches 72.60 for the first time?
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Is there a way to pick a trailing stop of less than rupee 1?
Also, is this forum correct place to get this query answered? Else please suggest whom/where to contact.
your stoploss at the time of execution, should be 73.6+.65=74.25
after one point desired movement it should have modified to 74.25-1=73.25
did you check what was your stoploss while order execution, there could be some typing mistake.
if you are sure of your numbers tag nithin
Thanks for correcting. It was a typo. Original stoploss was 0.45
Iam placing the orders via kite connect API from a CSV file. Doubt it was a typing mistake.