Stop Loss & Protection
Set stop losses and protect your trades from sudden moves.
- What is the validity of a Protected order on Punch?Your protection stays active until it gets triggered, the contract expires, or a corporate action takes place.
- Can I set my target and stop-loss when placing an order on Punch?Protection orders currently work only on existing positions. Bracket orders for entry-level SL and target are coming soon.
- Is there an additional margin charge for using protection on Punch?No extra margin is required. You can set both stop-loss and target on your position at zero additional cost.
- At what price will the stop-loss or target be executed for a Protected position on Punch?Your SL or target price acts as the trigger. The actual exit order is placed as a market order with a 5% price buffer.
- What happens if I partially exit a Protected position on Punch?Your protection automatically adjusts to cover only the remaining lots when you close part of a position.
- What happens if I modify a protected position?Adding more lots to a protected position does not extend protection to the new lots automatically.
- What happens if I exit a Protected position on Punch?When you close a protected position, the linked stop-loss and target orders are cancelled automatically.
- What if I just want to place Stoploss and not target?You can set only a stop-loss without a target. Just toggle off the target option while applying Protection.
- Can I place my target and stoploss together?Yes. Punch Protection lets you set a stop-loss and target on the same position with no extra margin.
- What is Punch Protection?A built-in risk management tool that lets you set stop-loss and target prices on your positions with no extra margin.
- How to drag and drop your stop-loss and target on the chartSet and adjust your stop-loss and target by dragging lines directly on the chart — no forms needed after the first time.
- How Market Protection works in PunchMarket Protection in Punch sets how far the limit price sits from your trigger, with per-instrument defaults and trade-level overrides.
- Use Kill Switch to lock trading on Punch desktopActivate Kill Switch on Punch desktop to cancel pending orders, square off positions and lock a segment for up to 8 hours.