Live Now: P&L Exit to Manage Risks & Protect Profits

[Pranita]

Dear Traders,

One of the most crucial aspects of a trader’s journey is risk management. The greater the control you have over your trades, the better your chances of staying consistent and thriving in the markets over time. At Dhan, our focus has always been on building features and products that empower you with more control, discipline, and confidence in every trade.

While some recent launches such as Super Orders made it easier to plan your trades in advance, Trade Plan on charts that allocates your funds to every trade, and others like Trader Controls were launched much earlier in our journey in 2022 to help you stay disciplined with trading. We now take another step in that direction with P&L Exit.

Introducing P&L Exit - a better way to manage your trades

With P&L Exit, you can set a maximum profit or maximum loss for all your Intraday and F&O positions. Once your set limit is hit, Dhan will automatically square off all your open intraday positions at market price. This ensures that your trading day ends exactly how you planned it, without emotions taking over.

How It Works :

• Go to your Positions screen and set your desired profit and loss limits for the day.
• You can revise your limits anytime during the day based on market conditions.
• Once either your profit or loss threshold is hit, all intraday and F&O positions are squared off at market price.
• You can also enable the Kill Switch after your target is achieved or stop loss is hit while setting your P&L exit. It will block new trades for the rest of the day.

Lets understand with an example :

You set your P&L Exit at a profit of ₹30,000 and have placed the following trades for the day:

Type	Stock	P&L	Status
Intraday	TCS	+₹2,000	Open
Intraday	Infosys	+₹1,000	Closed
Delivery	HDFC Bank	+₹5,000	Open
F&O	NIFTY 24000 28th Oct Call	+₹25,000	Open
MTF	ICICI Bank	-₹500	Open
MTF	Reliance	+₹800	Closed

• Only your Intraday and F&O positions (both open and closed for the day) will be included in the calculation. So your total profit = ₹2,000 (TCS) + ₹1,000 (Infosys) + +₹25,000 (NIFTY 24000 28th Oct Call) = ₹28,000
• Once your intraday profit crosses ₹30,000, all your intraday and F&O positions will be exited automatically at market price basis the above calculation.
• Your Delivery and MTF positions, open or closed (like HDFC Bank, ICICI Bank, Reliance) are not included in this calculation and will not be affected by the trigger.

Please note:

• P&L Exit applies only to Intraday and F&O positions.
• Delivery and MTF positions are excluded from the calculation.
• The feature is valid for the day only and remains active till the commodity market closes.
• Pending orders will be exited automatically.

Here’s a video that will help you understand the functionality of P&L Exit better: https://www.youtube.com/watch?v=H-RJhrzQwB4

Try out P&L Exit today and tell us what you think. How could this feature make managing your trades even easier?

Share your feedback so we can help you make the most of it.

Thanks,
Pranita

[Mohseen_Usmani]

@trust_level_1 @trust_level_2

We have an interesting new update for you. Do share your thoughts!

[pratik01]

Hi Team, Thanks for this feature.

This feature works for F&O Intraday position.

What about F&O Delivery positions (say I carried f&o position overnight)?

@Pranita @Mohseen_Usmani

[Pranita]

Hey @pratik01 ,

Overnight F&O positions will be counted and exited as well with P&L Exit. Hope this helps!

Thanks,
Pranita

[Deven_Mehta]

I want to check - if my exit is set at 30,000 as per the above example: will you trigger the exit at that level as market orders or limit orders? How will you ensure that my slippage does not take away my profits or accentuate my losses during injection candles

[NAYAK]

@Pranita

The new P&L Exit with Kill Switch is fantastic. Used it today and it’s already a game-changer.

One small request to make it perfect:

Please allow positive values in the “Limit Loss” field when unrealised P&L is in profit. Right now the “Limit Loss” field only accepts negative values (or zero). This means if I’m sitting on ₹10,000 unrealised profit and want to protect at least ₹5,000 of it..not possible.

Example:

Unrealised profit ₹10,000 → Set Limit Loss to (+₹5,000) → Auto-exit if profit drops to ₹5,000 (locks in min ₹5,000 profit instead of risking the entire gain).

This single change would turn the feature from “very good” to “world-class” and give exact control over how much profit we are willing to protect

Thanks again for the KILL SWITCH feature with Exit P&L.

[Mohseen_Usmani]

Hi, @NAYAK Welcome To MadeForTrade!

Thank you for your valuable feedback. We have shared it with our team to check the feasibility of implementing it.

[Super_Human]

i want to be able to group open positions and then set Pnl exit based groupwise?

[Madiya_Khatri]

Hey @Super_Human, that’s a super valid ask grouping open positions and setting a group-wise PnL exit would make managing trades way smoother, totally feel you on this. We’ve shared this with the team, and it’s definitely something we’ll be exploring.

[pratik01]

Hi Team, thanks for this feature.

-We need another similar feature (no idea if this is already available on Dhan).

-Feature: ‘Protect Profit’

-Say my running profit is 10000/-. My positions are still open.

-If I set my ‘Protect Profit’ to say 1000 and if my running profit comes down to 1000 then all my positions will automatically get exited at market price. (Atleast, i won’t exit my positions in a loss).

-Please add this feature.

@Dhan @PravinJ @Pranita @Mohseen_Usmani @Madiya_Khatri

[Mohseen_Usmani]

Hi @pratik01, we have noted your suggestion to lock profit if positions are running in profit, we will evaluate how we can add this to improve this feature.