To place a trailing stop loss order on Angel One, first log in to your Angel One trading account. Then, select the stock or security you want to trade. Choose the 'Trailing Stop Loss' option in the order type, enter the trigger price and the trailing amount (the distance from the current price at which the stop loss will follow). Finally, review and confirm your order to activate the trailing stop loss.

What Is a Trailing Stop Loss Order?

A trailing stop loss is a special type of stop loss order that moves with the price of the stock. It helps protect your profits by automatically adjusting the stop price as the stock price moves in your favor, locking in gains while limiting losses.

How to Set a Trailing Stop Loss on Angel One?

Log in to your Angel One account and select the stock you want to trade. When placing the order, choose ‘Trailing Stop Loss’ as the order type. Enter the trigger price, which is the price where the stop loss activates, and specify the trailing amount, which is the gap you want the stop loss to follow behind the current price. Confirm the details and place the order.

Why Use Trailing Stop Loss Orders?

Trailing stop loss orders help you protect profits by allowing your stop price to move up with rising stock prices. This way, you can lock in gains without having to constantly monitor the market. It also limits losses if the price starts to fall sharply.

Can I Modify or Cancel a Trailing Stop Loss Order on Angel One?

Yes, you can modify or cancel a trailing stop loss order anytime before it gets triggered. Simply log in to your Angel One account, go to the order book, select the trailing stop loss order, and choose to modify or cancel it as per your needs.

What Are the Benefits of Using Angel One for Trailing Stop Loss?

Angel One offers a simple and user-friendly platform to set trailing stop loss orders with ease. The platform provides real-time updates and easy order management, helping you trade smarter and protect your investments effectively.

Are There Any Charges for Placing Trailing Stop Loss Orders on Angel One?

There are no extra charges for placing trailing stop loss orders on Angel One. You only pay the usual brokerage fees applicable to your trades. This makes it cost-effective to use trailing stop loss to manage your trades safely.