Table of Contents
- 1 What is good till triggered?
- 2 What should be trigger price in Zerodha?
- 3 How do you cancel a triggered GTT?
- 4 Why trigger price should be greater than price?
- 5 Can I delete triggered GTT?
- 6 Does Zerodha provide good till cancelled (GTC) orders?
- 7 How much does Zerodha pay for intra-day trading?
- 8 What is the good till triggered (GTT) feature?
What is good till triggered?
The Good till triggered (GTT) feature works like an order that is active until the trigger condition is met. So, anytime the price condition within this period is met, your order will be placed and executed, provided there are enough funds in the trading account, and your limit price order is filled on the exchange.
What should be trigger price in Zerodha?
Trigger price is the price at which your buy or sell order becomes active for execution at the exchange servers. In other words, once the price of the stock hits the trigger price set by you, the order is sent to the exchange servers.
What is GTT and GTC order?
I am happy to announce a long-awaited feature, GTC, but even better. Introducing GTT (Good Till Triggered) orders. GTC orders. GTC (Good Till Cancelled) orders are orders that are valid until cancelled. They are most commonly used for placing long term stoploss and target orders.
How do you cancel a triggered GTT?
How do I delete a Good Till Triggered(GTT) order placed on Kite?
- Go to the Orders window on Kite.
- Click on the GTT tab.
- Place your cursor over the stock you want to delete and the options tab will pop up.
- Click on the options tab.
- Click on delete.
- Click on the delete button.
Why trigger price should be greater than price?
– For a Buy order, the limit price must be greater than or equal to the trigger price. If, for a stop loss order to buy, the trigger price is 93.00, the limit price is 95.00 and the market (last trade) price is 90.00, then this order will be released into the system once when the market price reaches or exceeds 93.00.
What is trigger price with example?
The trigger price is part of a Stop Loss order. The order is executed at the limit price mentioned by you. For example, you buy 100 shares at a price of Rs 350. You put a Stop Loss order to minimize your losses in case the share price goes down. Your trigger price is Rs 345 and the limit price is Rs 340.
Can I delete triggered GTT?
Once the trigger condition gets hit, the status of such GTT order under GTT tab gets updated to ‘Triggered’ and moves to the Pending order tab. To cancel these triggered orders, go to the Pending order window and select the desired order. Click on Cancel to cancel the desired order.
Does Zerodha provide good till cancelled (GTC) orders?
Zerodha doesn’t provide Good Till Cancelled (GTC) Orders. Instead of GTC, it provides Good Till Triggered (GTT) Orders. GTT orders are available in Zerodha Kite Web only. In GTT order you specify 2 prices; a trigger price and the order price. The order is placed to the exchange when the trigger price is reached.
What is GTT in Zerodha and how does it work?
Short Answer GTT in Zerodha is an acronym for the Good Till Trigger feature offered by Zerodha that lets the investor select a trigger price and a set of predetermined conditions that as and when are met, an order is placed automatically. Start Investing for FREE @ Zerodha – No.1 Discount Broker in India
How much does Zerodha pay for intra-day trading?
Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account online with Zerodha and start trading today. Good Till Triggered (GTT) allows you to place an order to be sent to the exchange only when the price condition gets met.
What is the good till triggered (GTT) feature?
What is the Good Till Triggered (GTT) feature? The Good till triggered (GTT) feature works like an order that is active until the trigger condition is met. This trigger will be valid for one year.