Please Introduce Max Loss Per Day & Max Trades Per Day Features

Feature Requests ✋
1

Please Introduce Max Loss Per Day & Max Trades Per Day Features it will be extremely useful in risk management for all the traders

Even though at start you might reduce you brokerage business by little bit but being the only broker with such Excellent Risk Management feature will attract new traders & might even help you gain more market share as well

2

Hi @INSTINCT

Welcome to Dhan community. We understand Risk Management is important for Traders, and for that reason we introduced Trader’s Controls on Dhan about a year back. In case you missed it, here is full post on this:

3

HEY @PravinJ
I Have Seen And Used TRADERS CONTROL Before But It Is Still Slightly Insufficient & Can Be Improved By Small Addition OR Changes To It Such As:-

  1. Reduce Trade SOS: Alert on Over-Trading Min No. of Trades from 15 to at least 2 or 0 as many traders mostly take 2-3 trades per day.

  2. Adding 1 toggle in TRADERS CONTROLS section that allows traders to either A] Receive alert about max loss or max trades alert once condition has met( which is currently implemented) OR B] Activate kill switch or cutoff trading on max trades or max loss once condition met

  3. Getting pop up or mobile alert or notification instead of getting alert on just POSITION page as mostly traders are watching CHARTS & not the POSITIONS page & they will end up missing the alert most of the time rendering feature not as useful

Introducing these features will give traders more control over risk management