How to place Cover Order in NEST Trader?

Click on cover order entry under the menu “orders and trades” or can use the short cut key Shift + F1 for buying cover order and Shift + F2 for selling cover order. Once the order is placed, you can see the pending SL order in your Order Book as shown below. Once the SL is […]

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What are the benefits of a Cover Order?

Below are the primary benefits of cover orders for intraday traders: Discipline: Putting a stop loss while trading intraday is very important. However, most traders usually keep a SL in mind rather than on the system. Even if we put a SL order, we most likely cancel it rather than letting it get triggered.While placing […]

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