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Why is the error “Trigger price can’t be higher than price” or “Trigger price can’t be lesser than price” displayed while placing a stop loss order?
This error occurs with stop-loss orders when the trigger and limit prices are entered incorrectly, and it's important to understand how to avoid it. A stop-loss order requires both a trigger price and a limit price. Here are the scenarios where this error can occur:
- For Buy Stop-Loss Orders If the stop-loss trigger price is higher than the limit price then you will get “Trigger price can’t be higher than price” error message.
- For Sell Stop-Loss Orders If the stop-loss trigger price is lower than the limit price then you will get “Trigger price can’t be lesser than price” error message.
- When placing a buy stop-loss order, ensure the trigger price is lower than or equal to the limit price.
- For a sell stop-loss order, set the trigger price higher than or equal to the limit price.
For further assistance or clarification, please connect with our support team by writing to us at help@tradejini.com
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