How to Place a Stop Loss Order in Dhan?
Traders can specify both the market and trigger prices in advance with a stop-loss order. When the market price hits the trigger price, the order is immediately placed at the predetermined order price. Placing a Stop Loss Order in Dhan can be done by following below steps:
Steps to place stop loss order in Dhan
| Steps | Description |
| 1 | Go to the Position tab. |
| 2 | Click on a particular stock. |
| 3 | Add stop loss |
| 4 | Update the desired Trigger and Limit Price. |
How do I place a stop-loss order in Dhan?
For Application:
Step 1: Go to the Dhan mobile application and to the Position tab.
Step 2: Click on a particular stock.
Step 3: Add stop loss (Make sure the toggle for trigger order is on)
Step 4: Update the desired Trigger and Limit Price.
For Website:
Step 1: Go to the ‘Position’ tab on the homepage.
Step 2: Click on the ‘I’ icon.
Step 3: Add stop loss (Make sure the toggle for trigger order is on).
Step 4: Update the desired Trigger and Limit Price.