cn anyone pls explain the following,
suppose m depolying an op buying strategy, thn in case of buy order, the price at which i wnt to buy is 195 (44000 ce strike) and i keep trigger buffer as 2 n lmt buffer as 5, thn at 193, the order will be sent to broker with a lmt buffer of 5?
that is, lmt order till 200 will be triggered at 193? is my understanding correct?
so, if i want to buy strictly 'at or after 195' thn i shld keep trigger buffer as '0'?
n in sl order, if i set trigger buffer as 0 n lmt buffer as 10 thn as soon as ltp reaches my sl price, it wl place a lmt sl order in brokers end with lmt price of 10 (till further 10rs it wl execute my sl order) ??
pls cn u help! @Ramneet