At Dhan, we want you - our Super Traders to be profitable. As traders become smart with trading, we want Dhan to be your smart partner.
We have been taking feedback from our users, more particularly from traders in the past few months. We met many traders & trading groups when we visited Surat, and most recently to Ahmedabad, and received more insights on how traders are actually using Dhan and their inputs that are helping us to build new products & offerings.
Some features we built from scratch at Dhan based on feedback we got is - ability to Manage your Positions in-depth, Reverse Orders in single tap, enabling Instant Orders via TradingView console, Draft Orders, and ofcourse Basket Orders with margin benefit for traders to place multiple orders at same time. And with the launch of the very powerful Options Trading App - we now witness many trades doing multiple traders in Options and Futures.
Now that we saw traders taking a few positions at the same time, we wanted to make their experience of managing these positions better. For example, if you have multiple positions on Nifty or Bank Nifty - how do we make it easier for traders to be on top of them?
This is a problem to be solved even for the best of traders. You may have executed a basket, executed a pre-built strategy, or taken an additional trade to hedge your position - and all of this decides your P&L based on the movement of your underlying spot price of Index or Stock.
Introducing: Group Positions on Dhan
We are now super happy and excited to announce the introduction of Group Positions. Now, with a single tap - you can switch all your positions from list view to group view.
With group positions, based on the underlying assets on a single tap now you can see all the following:
- View Combined P&L for all positions based on all underlying
- View individual P&L for every open position
- Manage every single position individually
- Select and Exit one or more than one open positions in a go
- Most importantly, track underlying spot or index price and in a single view and see how movement in this changes your P&L
Is that all, no! You can also add more positions directly from here - in turn making managing your positions even more smarter.
At Dhan, we are focussed on building a platform that makes traders - profitable, help them manage their positions better, ensure risks are taken care of and at any time traders are in control.
The positions will be grouped on the basis of common underlying and the group will include all segments like Futures, Options & Equity.
How to use this feature
Go to the positions section
Tap on the three-lined icon on the top right corner
Tap on the icon, and all your positions will be grouped.
Here you will see the real-time Profit or Loss of each group
And an option to add more to the group and manage them.
We are live with this feature on the Dhan mobile app and very soon we will be releasing the same for the Dhan Web & Options Trader app as well.
This feature will help you to declutter your position window and will help you manage them more efficiently.
Do let us know about your experience.
Upwards and Onwards with Dhan.