Stop Loss Order Side confusion

Snitch_2411
I have long position in a stock in CNC I want to place a SL order, the order type is SL, for that the transaction type is going to be buy or sell?
  • Nivas
    You'll need to use the opposite transaction type. For instance, if you have a buy/long position, your transaction type should be sell, and if you have a sell/short position, it should be buy.
Sign In or Register to comment.