Hi, When placing a BO SL order, which parameter will take precedence for stop-loss trigger, the "SL" parameter or "Trigger Price" parameter? Both seem to specify the same thing. What happens if I give different figures for SL and Trigger Price? Please provide clarification on how these two parameters are used in the BO SL orders.
Hi @Imran I've seen this video, but there is no explanation for trigger_price and how it behaves when SL is also specified. Please provide this explanation.
See this zerodha bracket order video for clarification..
You can go through these links to know more about a stop-loss order.
https://support.zerodha.com/category/trading-and-markets/margin-leverage-and-product-and-order-types/articles/what-are-stop-loss-orders-and-how-to-use-them?ref_query=stop loss
https://support.zerodha.com/category/trading-and-markets/margin-leverage-and-product-and-order-types/articles/bo-stop-loss-instead-of-slm