How to Place Stop Loss Orders in SBI Securities?
Using a stop-loss order is essential as it aids in managing potential losses when required. By doing so a stock can be sold off automatically when its price drops below what had earlier been agreed on. Thus, saving your investment from getting taken away. However, there are certain steps you need to follow to place a stop-loss order:
Steps to Place a Stop Loss Order in SBI Securities
| Steps | Description |
| 1 | Log in |
| 2 | Search script and click buy |
| 3 | Choose the product |
| 4 | Enter quantity and click on ‘more’ |
| 5 | Choose validity |
| 6 | Enter SL trigger price |
| 7 | Confirm the order |
| 8 | View orders book |
How Do I Place a Stop-Loss Order with SBI Securities?
You can place a stop-loss order with SBI Securities by following the simple steps given below:
Step 1: First, you need to log in to SBI Securities
Step 2: Then you need to search for desired script, and click on buy
Step 3: Once you have done that, you need to pick the product you want to trade in
Step 4: Then, you need to enter quantity and price then tap on more
Step 5: Next, you shall select the validity
Step 6: Enter stop Loss trigger price
Step 7: Then you need to tap on ‘BUY’ & Confirm the order
Step 8: You can check your orders in the ‘Order Book’
By following these steps you can successfully place a stop-loss order and get control of your losses.