What is the Exit Parameters section on the Smart Strategies platform?
The
"Exit Parameters" section on the Smart Strategies platform allows you
to define exit conditions for your strategy. Here are a few pointers that you
can set using exit parameters:
- Target Prices Specify profit targets
at which you want to exit your positions.
- Stop-Loss Orders Determine your stop-loss
levels to automatically exit your trades if the price moves against you.
- Trailing Stop-Loss (Optional) Implement a trailing
stop-loss to dynamically adjust your stop-loss price as the market moves
favourably. It helps to lock in profits while limiting potential losses.
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FAQs on Smart Strategies
What are Smart Strategies? Smart Strategy enables you to execute your option strategy with Defined Entry and Exit parameters. Where can I find Smart Strategy on 5paisa? We have made available the Smart Strategy section on Our FNO 360 portal. Visit ...
What are Smart Strategies?
In options trading, smart strategies include defined entry and exit parameters and techniques such as covered calls, protective puts, and iron condors. These strategies optimise performance by continually refining approaches and managing risks. The ...
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 ...
Can I modify the strategy once placed via Smart Strategies?
Yes, you can modify strategies with Smart Strategies. In fact, you have the flexibility to adjust your strategy's exit parameters even after submitting the strategy. It also allows you to fine-tune your profit targets, stop-loss levels, or trailing ...
What is Desired Premium section in Smart Strategies?
The "Desired Premium" section within Smart Strategies allows you to define the specific price point (premium) at which you want your strategy to enter a trade. Your strategy orders will only be placed when the market premium reaches your desired ...