Cancelling orders, whether a single order or multiple pending orders, is a straightforward process on the 5 Paisa platform. Here are the steps to follow:
To cancel a single order:
Step 1. Access the 'Orders' tab on 5 Paisa.
Step 2. From the order book, locate and select the pending order that you wish to cancel.
Step 3. Click on the 'Cancel' button associated with the selected order.
Step 4. A cancellation confirmation window will appear.
Step 5. Review the details and click 'Confirm' to proceed with cancelling the order.
For cancelling all pending orders:
Step 1. Navigate to the 'Orders' tab on 5 Paisa.
Step 2. Locate and click on the 'Cancel All' button.
Step 3. A cancellation confirmation window will open, displaying all pending orders set for cancellation with a single click.
Step 4. Carefully review the list of orders to be cancelled.
Step 5. If the information is accurate, click 'Confirm' to cancel all pending orders simultaneously.
Note: Pending legs of cover orders and bracket orders, like target profit and stop loss orders, can't be cancelled through this feature; they require separate management. Caution is advised when cancelling orders, especially multiple ones, to prevent unintended trades or losses; timely order management is crucial for effective trading and risk control.