Can I manually manage the trades placed via Smart Strategies?

Can I manually manage the trades placed via Smart Strategies?

The Smart Strategies automate order placement based on your defined parameters. It is important to understand how manual intervention can impact your trades:

  • Trade Mismanagement

Manually modifying trades placed by Smart Strategies (e.g., squaring off a long position) can cause unintended consequences.

The strategy might still execute its own exit logic based on your initial settings, potentially leading to duplicate or conflicting orders.

 

  • Recommended Approach

To avoid these complications, 5paisa recommends using the designated "square-off" function within the platform (if available) to manage open positions initiated by Smart Strategies.

Therefore, it is generally best to allow Smart Strategies to manage trades according to your defined parameters without manual intervention for optimal performance.

 



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