I have recently started using GTT orders with a wider limit as a replacement to my SL-M orders. I cant stop wondering if they are a fraction slower than having normal SL-M orders in place?
My logic says that GTT orders have an added extra layer of execution (when the trigger actually hits, and an order is placed) v/s having standing SL-M orders. No matter how fast, or thin, this extra layer of execution is, it still has to amount to some fraction of time, right?
Team Zerodha, any thoughts?