Provide trigger and limit price for setting up STOPLOSS

Please include the trigger price with the limit price while setting up the SL, because it would give us more control over our position, as we would have a band of prices for the SL.

Currently, only the limit price is provided (which is actually the trigger price executed at market price), so please look into this.

Now with only a limit price as SL, we r always having a risk of slippage of 2 to 3 unnecessary extra points of SL.

Like today, as well, I have a problem of slippage. Look at the image below. I had an SL at 161, but it got executed 2.25 points below my SL, even though Nifty is so liquid.

Similarly, in the screenshot below, my SL in this TMPV was 16.25, yet it got executed at 16.05, although it was sufficiently liquid.

So my ask is, please allow both limit and trigger price while we set our Stop LOSS to curb this slippage. Every good stockbroker, like Zerodha, Angel One, and Dhan, has a trigger price and a limit price as a stop loss. But currently, what Punch provides is a limit price, which actually is a trigger price executed at market price, so it’s very urgent for an options scalper to avoid this sort of slippage due to extra points in SL.

Thanking you in advance because it’s very urgent.

Again, i’m repeating the current SL feature provided asks for trigger price, but the best SL would have been stop loss as trigger price with limit price to avoid such slippages.

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Upvoters
Status

Backlog

Board

Desktop | Feature Ideas

Date

About 2 hours ago

Author

ASISH BAURI

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