How to Set a Stop Loss on the Dhan?

How to Set a Stop Loss on the Dhan?

Setting a stop loss on the Dhan platform is crucial for the investment, as this tool is one of the most effective ways to minimize losses, which is by using a stop loss order. It is an automatic instruction to sell a stock when its price reaches a predetermined level. Here we will discuss “how to set a stop loss on the Dhan platform”.

Steps to set a Stop Loss on the Dhan

Here is the set a stop on the Dhan platform:

  1. Open the Dhan app.

Open the Dhan app.

  1. Tap on the Search button, and choose your preferred stock.

Tap on the Search button, and choose your preferred stock.

  1. Tap on the Buy button.

Tap on the Buy button.

  1. Then set all settings, tap on the super option, set the stop loss, and then tap on the instant buy.

Then set all settings, tap on the super option, set the stop loss, and then tap on the instant buy.

Conclusion

In conclusion, setting a stop loss on this platform is very simple; you just need to follow the steps given above to set this automatic instruction, so whether you are an expert trader or a newbie, incorporating stop loss strategies into your trading plan can help you to protect your capital. To buy the order, you need to add funds to this platform account. We hope to blog on how to set a stop loss on this platform.

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Saniya

I am a writer, and this sentence speaks louder than anything, I love to play with words because I have a passion for writing easy and good-quality content that reflects simplicity. Readers like content that is straightforward with simple language. My priority has always been to deliver content that connects with the reader.

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