Posting a conditional order is easy! Just login to your account and click Trade > New Order.
In the New Order Tab select the STOP-LIMIT or LIT under TYPE and enter other required information.
A Conditional Order will require three important inputs: a trigger price, a limit price, and an expiry.
- Trigger Price is the price that must be reached by the stock before the order is submitted to the Exchange for execution.
- Limit Price is the price at which you want to fill your order, or better.
- Expiry is the length of time you are willing to wait for the stock to hit your trigger price. The expiry may be DAY, GTW, or GTM.