Trigger Price
- Trigger price vs limit price on Kite
On Kite, the trigger price activates a pending stop-loss order while the limit price controls the execution price of the resulting limit order, two.
- SL-M (Stop Loss Market) order on Kite
An SL-M order on Kite is triggered at a set price and then executes as a market order, prioritising execution certainty over price control after the stop fires.
- SL (Stop Loss limit) order on Kite
An SL order on Kite combines a trigger price and a limit price: it activates only when the trigger is hit, then places a limit order at the specified price.