‘Stop Loss’ order is a very important tool for online trading in stock market. It is just like an Insurance to protect you from a great loss in extraordinary circumstances of extreme fluctuation in price of your traded scrip at any time during your market hours. Particularly for a Day Trading, SL is must. Day trading is always risky just as a pearl diver’s diving in the ocean. This tool of the system is like a cylinder of oxygen to provide you the shield against sudden disaster of abnormal collapse or rise in price of your scrip. You will be