What are stop-loss and target orders? How do I place stop-loss and target orders on Investmint?

A stop-loss order enables you to limit your losses at a predetermined % of the traded price before you place the trade. 

For a long intraday trade, an investor may not want to lose more than 2% of the traded amount. In this case, the investor can place a sell stop-loss order at -2% of traded price. This means that the stock will be sold automatically once the price goes down by 2%. Similarly, a target order lets you book profits at a certain percentage above the traded price.

To learn how to place stop-loss and target orders on Investmint, tap here.