Do we put SL in system for Positional cash trades
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or is it ok if we keep it on paper and execute it on the day on which SL is hit on closing basis? Please guide. In case of nifty bees , will your answer be different?
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I prefer to put GTT order for my SLs and enable edis first thing in morning on daily basis. I keep on trail my SL as per my system and modify my GTT orders as per same on daily basis. Same goes for niftybees also as per my strategy.
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Thanks Sir for your reply
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Plan your trade before entry, exit and profit booking must be system based.
Trailing your profit and keep SL in the system.
Book your losses also good habit. -
Noted Sir. I will stick to SL rules. Thanks.