Futures and Options (F&O) trading can be exciting but carries a lot of risks. With the constant ups and downs in the market, many traders worry about losing more than they’re prepared for. That’s where Safe Exit comes in - a feature that allows you to limit your losses or lock in profits automatically!
Safe Exit helps you protect your trades by automatically closing all your open F&O positions when your profit or loss reaches a specific limit you set. Whether you’re looking to prevent heavy losses or secure your gains, Safe Exit is your personal safety net.
Here’s how it works:
Companies | Type | Bidding Dates | |
Regular | Closes 23 Dec | ||
Regular | Closes 23 Dec | ||
SME | Closes 23 Dec | ||
Regular | Closes 23 Dec | ||
Regular | Closes 23 Dec |
The goal of Safe Exit is to help you manage your trades without having to constantly monitor them. Once you set a limit, it ensures that your positions are closed when they hit that limit, saving you from unwanted losses or allowing you to lock in profits.
For example:
Step 1: Go to the Positions tab in your trading account.
Step 2: Tap on ‘Set Safe Exit’ next to your P&L.
Step 3: Choose whether to set a lower limit in profit or loss. Enter a limit below your current P&L.
Step 4: Confirm your limit. Once set, Safe Exit will activate and monitor your positions.
Step 5: Relax! Safe Exit will automatically square off your positions once your limit is hit.
Absolutely! You can modify or cancel Safe Exit anytime before it triggers:
When Safe Exit triggers:
When Safe Exit triggers, market volatility and slippage might result in your final P&L being slightly different from the limit you set. This happens because the system will place orders at the best available market price, and price movements during the execution process can cause some variations.
Whether you’re looking to protect yourself from significant losses or ensure your gains are secured, Safe Exit on Groww gives you the control you need over your F&O trades. It’s easy to set up, free to use, and can help you trade with greater peace of mind.
Set up a Safe Exit limit on Groww today and trade confidently!