SL and SLM order converted to limit and executed immediately.

tradematic
Hi Team,

I placed a sell order(through KiteXL) under SL-M ordertype with TRIGGER PRICE @25990.00 (Banknifty nov fut).. but it got executed immediately at market price (@25971) resulting loss in my trade. it happened twice today resulting minor loss..

Is it a known issue.. if so what points to be taken care for future trades.

Regards
Sudheer
Tagged:
  • Matti
    In order to sell above the market price or buy below the market price, you'd be expected to use Limit orders Sudheer. SL orders behave the other way around.
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