where to place stoploss

sir
i have started analysing bse2nse strategies today.
the advice is good for intraday but where do i place the stop loss(at what percent of the buy or sell price).please advice

A stop-loss order is simply an order that closes out your position at a specific price. It controls your risk by limiting your loss to that price. If you buy a stock at Rs 2000 and place a stop loss at Rs1950, when the price reaches Rs1950 your stop loss order will execute, preventing further loss.

Sir, it depends on your risk profile. It shouldn't be too close that any small volatile movement can trigger it or too deep that loss will be more. Try not to lose more that 2% of ur capital in a trade. Some keep it to 1%. Take position only where risk reward is in ur favour

Originally Posted by Himanshubruzo

sir
i have started analysing bse2nse strategies today.
the advice is good for intraday but where do i place the stop loss(at what percent of the buy or sell price).please advice

if you enter in the morning , 1st 15 min range high and low are good levels to use as SL .... For tighter SL, you need to read the charts a little more closer ... Its a little difficult to explain in text here .... will try and make a video on this

By 15 min strategy, you would easily be knowing where to add the stop loss.

Risk depends upon which type of trading you follow. I usually place 20 to 30 points and follow 15 min strategy