Skip to main content

Integrated Stop-Loss (SL) for Market Orders

​The Problem

​Currently, when a trader executes a Market Order to ensure immediate entry, they must wait for the order to fill before manually placing a separate Stop-Loss order. In volatile markets—like the NIFTY Options shown in the UI—this delay of even 5–10 seconds can lead to significant slippage or unmanaged risk if the trade moves against them instantly.

​The Proposed Solution

​Add a "Protective SL" toggle directly within the primary order window (Buy/Sell panel). This would allow a trader to define their risk before hitting "Punch to Buy".

​Key Functional Requirements

  • ​Simultaneous Execution: When "Punch to Buy" is clicked, the system should instantly send the Market Order and, upon fill, immediately trigger the linked SL order.

  • ​Flexible SL Inputs:

    • ​Fixed Points: e.g., Set SL 10 points below entry.

    • ​Percentage: e.g., Set SL at 5% of the entry price.

    • ​Fixed Amount: e.g., "Risk ₹500 on this trade."

  • ​Automatic Calculation: The SL price should be calculated dynamically based on the actual fill price of the market order.

​Visual Integration (UI/UX)

  • ​Add an "Add SL" toggle switch above the "Punch to Buy" button.

  • ​Once toggled, a small input field appears to enter the SL value (Points/%).

  • ​Safety Check: A brief text summary below the button: "Order will be placed with an estimated SL at [Price]."

​Why this deserves your vote

  • ​Risk Mitigation: Ensures no trade is ever "naked" without a stop-loss.

  • ​Speed: Reduces the "Post-Entry Stress" of rushing to set a stop while the price is moving.

  • ​Professional Grade: This brings institutional-level execution speed to the mobile retail trader

3 comments

Log in to comment and vote

Comments3

  • Archit Sunat

    •

    Jan 26

    @AMIT KUMAR Thanks for the feature idea. This is essentially a bracket order. On Punch this week we are releasing the Scalper joystick feature. You will be able to predefine you’re SL and TP along with the lot size which will ensure that you don’t have any “naked“ trades.

    • AMIT KUMAR

      •

      Jan 27

      Thanks, Archit.

    • AMIT KUMAR

      •

      Jan 27

      Can I have access to desktop web platform of punch. I logged in but I am not seeing any any kinda chart or find any asset.