Exit Market Order

akshay07
I have to exit Regular Market Order when My target is reached Eg if LTP is 100 and target is 105 I want to Book profits by exiting the position can I cancel the regular market order which is running
  • rakeshr
    @akshay07
    I want to Book profits by exiting the position can I cancel the regular market order which is running
    Market orders are executed in real-time, it doesn't remain pending. Do you mean limit pending order here?
    You can go through this article to under limit and market order.
  • akshay07
    For Eg I place Buy Market Order for 10 Qty at 120 and an SLM order at 118 If I want to square off all position at LTP=122 then,I have to place a Market Sell Order for those 10 Qty Am I right, I cant use cancel method or exit order method to square off the existing position
  • akshay07
    That is on what all order types I can use this cancel order function @rakeshr
  • rakeshr
    @akshay07
    I cant use cancel method or exit order method to square off the existing position
    Yes, you can use cancel_order to just cancel the pending order.
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