Table of Contents
- 1 Which is best bracket order or cover order?
- 2 Which order is best in Zerodha?
- 3 What is the benefit of cover order?
- 4 Can cover order be modified?
- 5 What is regular cover Amo in Zerodha?
- 6 What is a cover order?
- 7 Does Zerodha have bracket order?
- 8 Why has Zerodha stopped bracket orders(Bo)?
- 9 Does zonezerodha charge more Rs per executed order?
- 10 What are the pros and cons of Bo and Co in Zerodha?
Which is best bracket order or cover order?
Understanding Cover Order
| Particulars | Bracket Order |
|---|---|
| Formula | Cover order= Initial order + stop-loss order+target order |
| Squaring off the order | In bracket order, the order will get automatically squared off by the system only when both the stop loss and target order were unsuccessful. |
Which order is best in Zerodha?
Zerodha AMO Order Time
| Segment | Order Time |
|---|---|
| Equity | NSE: 3:45 PM to 8:57 AM BSE: 3:45 PM to 8:59 AM |
| Equity F&O | 3:45 PM to 9:10 AM |
| Currency | 3:45 PM to 8:59 AM |
| Commodity | Anytime during the day* |
Is bracket order good for intraday?
When any of the price is reached, one of the bracketed orders is executed and the other is canceled. Bracket order trading is the safest way to trade in intraday as it limits the risk of losses by removing the emotions from the trade. The stop-loss (SL) orders placed using the bracket order helps to control the trades.
What is the benefit of cover order?
What is a cover order in a stock? These are orders with an in-built risk mitigation mechanism. The benefits of cover orders are that they not only reduce the risk for the broker and the trader, but also enable the trader to get higher leverage.
Can cover order be modified?
Modifying and Exiting a Cover Order Until the Cover Order is executed (Limit/Market Order being executed), you can modify both, Limit Order and the Stop Loss Order. But once the Cover Order is executed, only the Stop Loss Order can be modified.
Why did Zerodha removed bracket order?
Why has Zerodha stopped Bracket Orders (BO)? Bracket Orders have been disabled on Kite since March 2020. This is mainly because of the issues Bracket orders create in times of increased volatility. The issue with BO is that when markets are volatile, sometimes both target and stop-loss orders get executed instantly.
What is regular cover Amo in Zerodha?
AMO in Zerodha Kite stands for After Market Orders. It is a facility provided for people who can’t actively track the markets from 9:15 am to 3:30 pm. MCX – Anytime during the day, if placed during the market hours the order will go through the next day at 9 AM.
What is a cover order?
In simple terms a cover order is a market order that is placed along with a Stop Loss order. You can use cover orders in case of long trades and in case of short trades too. The important part of the cover order is that it has to be placed along with the stop loss order at the time of placement of the order itself.
Why Zerodha is not allowed in bracket order?
Does Zerodha have bracket order?
Why has Zerodha stopped bracket orders(Bo)?
Why has Zerodha stopped Bracket Orders (BO)? Bracket Orders have been disabled on Kite since March 2020. This is mainly because of the issues Bracket orders create in times of increased volatility. Firstly, a Bracket order (BO) is a type of order where you can enter a new position (intraday only) along with a target/exit and a stop-loss order.
What is the difference between bracket order and cover order?
Each bracket order is a set of 3 orders (Entry, Target, and Stop-loss). Each cover order is a set of 2 orders (Entry and Stop-loss). Both offers equally higher leverage. 5. Chirag Aug 29, 2021 14:56 | Reply
Does zonezerodha charge more Rs per executed order?
Zerodha not charges more RS.20 per executed order. In your case, only two things should have happened. You could have placed 7 different orders. You could have used bracket orders. Even a single bracket order placed can be executed in different orders. Bracket orders charged this way differently.
What are the pros and cons of Bo and Co in Zerodha?
There are both pros and cos for BO and CO as on date in Zerodha. CO orders come with added benefit of market/ limit price switch and trigger price ( acts as SL price). Suppose for intraday you identified a Solid entry through a strategy or indicator and want to jump in quickly.