HSL Mobile App
one电竞投注
Cover order allows you to place two opposite orders for the same scrip, simultaneously. The first order is Market Order, and the second order specifies the Stop Loss Trigger Price (SLTP) and a Limit Price.
Since you place the Stop Loss Order simultaneously, while taking a position, the risk automatically reduces.
Educational Videos
19-09-2018;
Cover order in Equities - Mobile
Get leverage up to 8 times your intra-day position by placing Cover Orders. Watch the video to learn how to place your Cover order on our Mobile App.
19-09-2018;
Cover order in Equities - mPowered
Wondering how to place Cover Order in Equity? Watch this short video and learn how to start placing Cover Orders on our website and mobile trading app today!
What is Cover Product?
Cover Product is an order placement feature where you can take a position at market price and also place a cover order for the position specifying the SLTP and the limit price. This will minimize the loss on the position.
Thereby it gives a clear view of maximum downside involved in a particular position.
What is First leg order?
The order that is placed for creating the position is called First leg order.
Can I place a limit First leg order?
No, First leg order is always a market order.
What is a Stop loss Limit order?
The First leg order as defined above will help you take a position. Assuming you have taken a buy position, your cover will naturally be a sell order. This is a Stop loss Limit order.A Stop loss Limit order allows the client to place an order, which gets triggered only when the market price of the r...
Read More...
