# Orders

### This section contains <a href="#this-section-contains" id="this-section-contains"></a>

1. [How to Place an Order](#how-to-place-an-order)
2. [How to Square Off Position](#how-to-square-off-positions)

### How to Place an Order <a href="#how-to-place-an-order" id="how-to-place-an-order"></a>

To place buy/sell order using the Flip Web, follow these steps:

* Choose the desired **"Watchlist"**![](https://flipwebmanual.geojit.com/~gitbook/image?url=https%3A%2F%2F42355363-files.gitbook.io%2F%7E%2Ffiles%2Fv0%2Fb%2Fgitbook-x-prod.appspot.com%2Fo%2Fspaces%252F8HyBnjhMAvNmNocnFrq5%252Fuploads%252FjZDQztXlX5tDyxHBiGph%252Fwatchlist%2520clicked.png%3Falt%3Dmedia%26token%3D74aab071-b201-4074-9879-e8a722c614ec\&width=300\&dpr=4\&quality=100\&sign=189537cd\&sv=2)**.**
* **Locate** and **Right Click** on the Symbol or click on the **"Three Green Dot"**![](https://flipwebmanual.geojit.com/~gitbook/image?url=https%3A%2F%2F42355363-files.gitbook.io%2F%7E%2Ffiles%2Fv0%2Fb%2Fgitbook-x-prod.appspot.com%2Fo%2Fspaces%252F8HyBnjhMAvNmNocnFrq5%252Fuploads%252FSDJ3jL06zhECUELILOiR%252Fthree%2520dots%2520icon.png%3Falt%3Dmedia%26token%3Dac8c324c-5333-4d0f-b7ea-1ff975b4f47e\&width=300\&dpr=4\&quality=100\&sign=4438764\&sv=2) **Icon** that appears when you hover over a Symbol.
* A **"Select Box"** with multiple option will appear.
* Click the **"Buy/Sell"** option.

<figure><img src="https://4250648999-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FQUVvHauOEWZZorbZR584%2Fuploads%2Ffmz1DyTG3iNETlT3pRAS%2Fimage.png?alt=media&#x26;token=fd10ff78-ade7-4707-9835-2e1cc67a1dd7" alt=""><figcaption></figcaption></figure>

* The **"Order Placement Window"** will pop-up.
* Choose/ enter the **"Exchange", "Order Type", "Quantity", "Price", "Product Type",** and **"Time Condition".**
* Next, click the **"Review Order" Button.**

<figure><img src="https://4250648999-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FQUVvHauOEWZZorbZR584%2Fuploads%2FgNoSEvN9TJtYEPtV31wd%2Fimage.png?alt=media&#x26;token=4f34c5d5-4a69-4ace-902e-23e490c0d560" alt=""><figcaption></figcaption></figure>

* The **"Order Confirmation" Page** will be displayed, where you can re-check the details of your order.
* Once you enter the '**Quantity**' and '**Order Type'**, you can see the **'Required Margin'** at the bottom of the order placement window.

<figure><img src="https://4250648999-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FQUVvHauOEWZZorbZR584%2Fuploads%2Fg1N7XeZEH1mwp41js1JY%2Fimage.png?alt=media&#x26;token=294da4b8-e0cc-4736-b39d-6663fde79c17" alt=""><figcaption></figcaption></figure>

Click on the **'Charges'** button, given **right next** to the **'Required Margin**' button, to view the detailed traded value, brokerage, taxes, and other charges.

<figure><img src="https://4250648999-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FQUVvHauOEWZZorbZR584%2Fuploads%2F0YtGBxsLCEn1guOztNrl%2Fimage.png?alt=media&#x26;token=0bacb57f-1f37-44cc-89ae-677e1d9c8ad6" alt=""><figcaption></figcaption></figure>

* If you do not wish to continue placing the order, Click the **"Cancel" Button.**
* After confirmation, click the **"Place Order" Button** at the bottom of the page.
* You will receive a **Confirmation Message** with the status of your Order Placement.

### How to Square Off Positions <a href="#how-to-square-off-positions" id="how-to-square-off-positions"></a>

**"Square Off"** is the process of closing your existing Position in the market, by taking an opposite Position.

This can be done from your **Portfolio:**

* You can **"Square Off"** an Open Trading Position from the **Positions** section.
* You can **"Square Off"** investments from the **Holdings** section.

<figure><img src="https://4250648999-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FQUVvHauOEWZZorbZR584%2Fuploads%2FDmUamtqUfuboifyyqejS%2Fimage.png?alt=media&#x26;token=96e10832-2716-4a82-b613-a39f40ae64f7" alt=""><figcaption></figcaption></figure>

To *square off* an **Order**, follow these steps:

* Go to the **"Portfolio" page.**
* Select the **"Holdings"** or **"Positions"** tab depending on which position you want to exit.
* **"Right Click"** on the symbol or click on the **"Three Green Dot"**![](https://flipwebmanual.geojit.com/~gitbook/image?url=https%3A%2F%2F42355363-files.gitbook.io%2F%7E%2Ffiles%2Fv0%2Fb%2Fgitbook-x-prod.appspot.com%2Fo%2Fspaces%252F8HyBnjhMAvNmNocnFrq5%252Fuploads%252FSDJ3jL06zhECUELILOiR%252Fthree%2520dots%2520icon.png%3Falt%3Dmedia%26token%3Dac8c324c-5333-4d0f-b7ea-1ff975b4f47e\&width=300\&dpr=4\&quality=100\&sign=4438764\&sv=2) **Icon** that appears when you hover over a symbol.
* A **"Select Box"** with multiple options appears.
* Click on the **"Square Off"** option from the **"Select Box".**
* The **"Order Placement" Page** will open with the appropriate **"Order Type" (Buy/Sell)** and **"Quantity"** pre-filled based on your **Current Position.**
* Other order details such as **"Exchange", "Order Type",** and **"Time Condition"** can be changed as needed.

<figure><img src="https://4250648999-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FQUVvHauOEWZZorbZR584%2Fuploads%2FvHgC6fQ1x7sfNoG3wyUo%2Fimage.png?alt=media&#x26;token=bfd572cf-ab27-42ed-ac46-7d448c2bddeb" alt=""><figcaption></figcaption></figure>

* Once you have entered all the details, click on the **"Review Order" Button** to re-check the details of your **Order**.
* After confirmation, click on the **"Place Order" Button** at the bottom of the page.
* You will receive a **Confirmation Message** with the status of your **Order Placement.**
* The trade will be executed in the market, and your **Position** will be **"Squared Off".**

**Please Note:** *Squaring Off* is typically done to realise any *profit or loss* on a Position.


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