Why? my Stop loss not executed as place

Hello everyone,

@nithin
Today, I saw my stop loss not executed as place.

I buy stock at 177.40 and placed my stop loss at limit 165 and trigger 165.50. And kept my laptop aside after some time I checked the LTP is trading at 142 and my stop loss not execute how it is possible.

I modified my tarde and sell it on market price.

What is the issue in this case. can anyone explain me please.

Do I need to contact and complain to zerodha.

To avoid such instances I generally maintain a minimum gap of 10-15 (depending on stock price/range) so that if stop loss is hit, square off trade is executed at whatever next available price.

1 Like

Can check this for more on using stop losses.

1 Like

Just use SL-M , I always use it

1 Like

thank you everyone for response

now my doubt is clear

Hi Nitin ,
Good morning
Always use stop loss for trading , if not u will be losing lot of money , if FII & DII start downloading their holding , price will have gap up or down depending up on call put ratio and time decay in options , this scenario will not be known to common traders to see the details ,
Even after placing orders u can place stop loss by logging into SLM orders
See details in one of the video in u tube
Any further equity training assistance pls contact me
Suresh Ramaiah
98867-46194

Use SL-M orders which means Stop loss market, your SL will execute at next best quotation. Sometimes normal SL orders can get skipped due to candle gap up/down, this generally happens in case of huge volatility.