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

akshay07

@sujith @rakeshr

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

@rakeshr

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.