What is the better way to place orders in high beta stocks?

General
1

Hello Team,

Which is the better way to place trade orders in high beta stocks?

  1. Market order
  2. Limit order
  3. Check market depth and create custom logic to get the bids/asks and place the order accordingly
  4. Use atr somehow - need to tell logic on this if this is the solution

Tell me for both entry and exit separately please.

For example, I was trying to trade in ‘ZEEL’ today.
I tried to place a limit order using api but out of 1200 quantity only 238 got fulfilled and the order status was ‘PART_TRADED’ . How do I overcome this problem?

I was thinking to do 3rd point above but I think it could be a bit lagging and I might not find a good price point.

Please let me know. Thanks

2

Hello?
Can you please reply?

3

Hi @spatwa3001 ,

The easiest way to get a complete fill is to check the bid ask, and place limit orders accordingly.

For entry , we may use limit orders as we can afford bit delay in entry execution.

For exit we may use SLM order, this way we get our order triggered at correct price point. and we also get a guarantee of a fill.