1. What are cover orders? Cover orders are an intraday order. It is in use by traders across the world in stocks, commodities as well as currency day trading. Technically, any day trading order with a compulsory stop loss order is a cover order. Now, you place or fix stop loss order with your broker. You do this to sell any security at the point where it appears to be the final exit price. We know that while buying or
Read More1. What are bracket orders? Bracket orders are the special type of intraday orders. They are designed to provide protection to the traders. Bracket orders allow the traders to place three orders simultaneously in one click. It is an advanced kind of intraday order that is accompanied by “take profit order”, “stop-loss order”. This helps the traders to automate their trades. It also helps in minimizing the risk involved. 2. How to execute bracket orders? Bracket Order has three orders
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