How to place Cover Order in NEST Trader?

Click on cover order entry under the menu “orders and trades” or can use the short cut key Shift + F1 for buying cover order and Shift + F2 for selling cover order. Once the order is placed, you can see the pending SL order in your Order Book as shown below. Once the SL is […]

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How does a Cover Order work?

A cover order automatically places two orders. i.  a buy/sell market/limit order ii.  a stop-loss market order simultaneously placed automatically. The trigger price has to be in a specified range and the stop loss order cannot be cancelled. Once the market price of the stock breaches this trigger price, the Stop loss Market order gets […]

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